# Trusted Exchange Framework

## Introduction

The Coin Metrics’ Trusted Exchange Framework (TEF) is a quantitative evaluation of crypto exchanges. We leverage the CM Market Data Feed and our extensive experience from collecting data to create a rigorous assessment across several key categories. The TEF serves as both a guideline for exchange quality as well as an input to [Market Data Pro](https://coinmetrics.io/market-data-pro/) and [CM Prices](https://coinmetrics.io/prices/), and [Indexes](https://coinmetrics.io/cmbi/).

The documentation supporting this framework can be found via the link below.

**Landing Page**

{% embed url="<https://coinmetrics.io/special-insights/trusted-exchange-framework/>" %}

**Methodology**

{% embed url="<https://5264302.fs1.hubspotusercontent-na1.net/hubfs/5264302/special-insights/coinmetrics-research_trusted-exchange-framework-2-3.pdf>" %}