Open Standard • Specification v1.0

BTCADP — Bitcoin Average Daily Price

A universal, reproducible, and institution-independent standard for daily Bitcoin valuation.

Today's BTCC Price
Provisional — cumulative average of all BTCADP values since genesis
A transparent, institution-independent Bitcoin price standard
Bitcoin Currency
Unit of Account
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BTCADP Indicative Price
Indicative only — official BTCADP computed daily at 00:00 UTC
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Concept
Bitcoin Timeblocks
Each UTC day is a timeblock — a single day's price permanently absorbed into the cumulative average. Like blocks on the chain, timeblocks become more immutable over time, anchoring the BTCC denomination against disruption through a deterministic mathematical formula.
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Concept
Currency Layer
A system in which users transact in a stable denomination — displayed in their native currency or BTCC — while reserves are held entirely in Bitcoin. The volatility that has prevented Bitcoin from functioning as everyday money is abstracted away at the interface level.
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Concept
TBDC — Treasury-Backed Digital Currency
A Bitcoin-backed digital currency issued by a consortium of Bitcoin treasury companies and denominated in BTCC. The structural inverse of a CBDC — no money printer, no surveillance, no discretionary monetary policy.
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About the BTCADP

Methodology

Volume-Weighted Average Prices (VWAP) computed independently for each qualifying exchange, then aggregated using a 25% trimmed mean. Equal weighting of exchanges prevents volume fabrication from influencing the result.

Provisional Data

Current values are derived from aggregated public data sources, not from trade-level exchange data per the full specification. All values are flagged as provisional until verified through independent research.

Open Standard

The BTCADP belongs to no one. The specification is publicly available, and anyone can compute, verify, or improve upon these values. Read the full specification.

Research Invitation

The historical eras (2009–2017) are designated as open research problems. Academic researchers are invited to produce definitive values using trade-level data. Each day has its own research page for submitting verified values.

Price History

Era 0: Genesis (2009–2010)
Era 1: Mt. Gox (2010–2014)
Era 2: Transition (2014–2017)
Era 3: Maturity (2018–Present)
BTCC Cumulative Avg

Daily Data

Day Date BTCADP (USD) Confidence Era Status
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