ticker_id format - Binibit Labs

Format

{BASE}_{TARGET}

BASE and TARGET are uppercase asset symbols (BTC, USDT, AAVE, TRX …)
They are joined by a single underscore _
The order matters: left side is the base asset, right side is the target (quote) asset

What ticker_id tells you

For any pair X_Y:

last_price = N means 1 X = N Y
base_volume is denominated in X
target_volume is denominated in Y
Order book bids[i] = [price, qty] — price is in Y, qty is in X

Examples

ticker_id	base	target	Reading
`BTC_USDT`	BTC	USDT	”Bitcoin priced in Tether”
`ETH_BTC`	ETH	BTC	”Ether priced in Bitcoin”
`AAVE_USDT`	AAVE	USDT	”AAVE priced in Tether”
`TRX_USDT`	TRX	USDT	”Tron priced in Tether”

Naming clashes

BTC_USDT and USDT_BTC are not the same market — they are different tickers and reflect different conventions for which side is base. Binibit uses the conventional direction (e.g. BTC_USDT, not USDT_BTC).

Cross-pairs

Pairs that don’t have a stablecoin on either side use the same convention:

ticker_id	Reading
`ETH_BTC`	1 ETH priced in BTC
`BNB_ETH`	1 BNB priced in ETH
`LINK_BTC`	1 LINK priced in BTC

Listing live pairs

See Trading Pairs for the live list of supported ticker_id values.