# Qualification

Themelia's backend has been designed to accommodate multiple cryptocurrency data providers, in order to maximise integrity and reliability of the data we serve up for index calculation.

As of May 2024, CoinGecko and CoinMarketCap are Themelia's two data providers. They are the two market-leading cryptocurrency data providers with the longest history of continuous data collection and aggregation, the widest cryptocurrency coverage and enterprise grade APIs.

On a daily basis we match and qualify the active cryptocurrencies from each data provider. To qualify for inclusion in the Themelia universe, a cryptocurrency must meet the following criteria:

* **Market Capitalization**: Minimum of USD 1,000,000
* **Daily Volume**: Minimum of USD 100,000

These qualification criteria represent what we consider to be the minimum threshold for inclusion in the Themelia universe. Once qualified, a cryptocurrency will remain so, even if its Market Capitalisation or Daily Volume falls below the initial qualification thresholds.&#x20;


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