What Coinglass does

Coinglass operates a crypto market data and analytics platform that aggregates, normalizes, and distributes real-time and historical data across derivatives, options, spot, ETF, and on-chain markets from more than 30 global exchanges including Binance, OKX, Bybit, Deribit, Bitget, Hyperliquid, and CME. The platform processes 300+ billion tick-by-tick raw trades and 9+ trillion L2/L3 order book snapshots, storing 1,500+ TB of high-frequency historical data with >99% completeness and 8+ years of depth. Its product portfolio includes the main CoinGlass dashboard, the Crypto API (160+ endpoints), the Legend charting platform, the Crypto APP on iOS and Android, Supercharts, and specialized modules covering Liquidation Heatmaps, Long/Short Ratios, Funding Rates, Open Interest and Volume, Exchange Rankings, the Stock Futures Hub, the CGDI/CoinGlass Derivatives Index, the CoinGlass Derivatives Risk Index (CDRI), the Crypto Fear & Greed Index, Altcoin Season Index, and Hyperliquid whale intelligence covering 350k+ monitored addresses.

The company monetizes primarily through tiered Crypto API subscriptions (programmatic, recurring access via API key) and Crypto APP subscriptions (mobile in-app purchases or premium plans), supplemented by free self-serve access to web dashboards that drive top-of-funnel acquisition. Distribution is fully self-serve and PLG: developers, analysts, and institutions sign up directly and consume data via API or web/app interfaces, with marketing concentrated in X (Twitter), Telegram, the website Learning Center, and developer-facing API documentation. There is no evidence of a direct enterprise sales motion, channel partners, or resale arrangements.

Coinglass serves three primary customer segments: (1) quantitative analysts and trading firms using tick-level data for algorithmic trading, backtesting, and risk management; (2) cryptocurrency exchanges and trading platforms embedding Coinglass data into their products and dashboards; and (3) financial media and research organizations including Reuters, Fidelity International, and the IMF that rely on the data for reporting and digital-asset research. Retail traders form a secondary segment using free web and mobile tools for liquidation tracking and sentiment monitoring. Named enterprise customers include Binance, Coinbase, Reuters, Fidelity International, IMF, Gate, and Bitget among 1,000+ companies using the API.

Name

Coinglass

Legal name

CoinGlass

Website

https://coinglass.com

Company type

Private

Operating status

Operating

Short description

Coinglass is a crypto market data and analytics platform that aggregates real-time and historical derivatives, options, spot, ETF, and on-chain data across 30+ exchanges, serving quantitative analysts, exchanges, financial media, and institutional investors via API and web/app interfaces.

Ownership category

akta.pro rank

Product category

Cryptocurrency Market Data and Analytics

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Options (Vanilla) — Venues, Market Makers & Protocols (FSADAGAC)

Keywords

• Crypto market data
• Derivatives analytics
• Trading API
• Liquidation tracking
• Order book data

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Crypto API Subscriptions: Coinglass generates revenue primarily through tiered API subscription plans. Users obtain an API key and access data programmatically. The platform offers different pricing tiers (Free, paid tiers) with varying levels of data access, rate limits, and feature availability. This is the primary revenue stream for the company.
2. Crypto APP Subscriptions: Mobile application available on iOS (App Store) and Android (Google Play) providing real-time crypto market data and analytics. Revenue likely generated through app downloads and in-app purchases or premium subscriptions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Coinglass aggregates, normalizes, and distributes real-time and historical cryptocurrency market data from 30+ global exchanges across derivatives, spot, options, ETF, and on-chain segments. The offering is delivered via a web platform, native iOS/Android mobile apps, and an institutional-grade programmatic API with 160+ endpoints providing tick-level trade and order book data, liquidation analytics, open interest, funding rates, long/short ratios, and proprietary indices such as the CoinGlass Derivatives Index (CGDI).

Product overview

CoinGlass is a comprehensive cryptocurrency market data analytics platform offering a unified product portfolio centered on derivatives market intelligence. The core platform aggregates real-time data from 30+ global exchanges and provides visual analytics for liquidations, funding rates, open interest, long/short ratios, and order flow. The ecosystem includes the Crypto API (institutional-grade data product with 160+ endpoints), Legend (advanced charting), Crypto APP (mobile application), and Supercharts (professional charting). The platform covers crypto, stock futures, and traditional markets with technical indicators, sentiment indices (Fear & Greed, Altcoin Season), and proprietary indices (CGDI).

Differentiator

Problem solved

Functional benefit

Brands

• Legend: Charting and visualization platform offering advanced market analytics tools.
• CoinGlass API
• CoinGlass Research Institute
• CGDI (CoinGlass Derivatives Index)
• CoinGlass Derivatives Risk Index

Products and services

• CoinGlass Platform

Quantifiable outcome

• Over $19 billion in liquidations recorded during the Oct 10, 2025 single-day liquidation event — the largest in crypto history — with Coinglass tracking all major exchanges' data in real time
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Nine partnerships are on record, tiered core and major.

• BinancecoreTechnology or IntegrationBinance is one of the primary data sources integrated into the CoinGlass API and platform. CoinGlass aggregates real-time and historical market data from Binance including futures, spot, liquidations, funding rates, and order book data. Binance is listed as a trusted API customer of CoinGlass.
• CoinbasecoreTechnology or IntegrationCoinbase is a data integration source and API customer of CoinGlass. Real-time spot and futures market data from Coinbase is aggregated into the CoinGlass platform. Coinbase premium index data is included in CoinGlass analytics.
• OKXcoreTechnology or IntegrationOKX is integrated as a primary data source for CoinGlass, providing derivatives, spot, funding rate, and open interest data. OKX is listed as a key competitor in Q1 2026 market share reports.
• BybitcoreTechnology or IntegrationBybit is integrated as a data source for CoinGlass, providing real-time market data across derivatives and spot markets. Bybit is a trusted API customer and a key data integration partner.
• DeribitcoreTechnology or IntegrationDeribit provides options market data to CoinGlass, with CoinGlass aggregating Deribit's options open interest, volume, and strike heatmap data across its platform and API.
• BitgetcoreTechnology or IntegrationBitget is both a data source integrated into CoinGlass and a listed customer of the CoinGlass API. Data exchange includes derivatives and spot market data.
• GatecoreTechnology or IntegrationGate is a data source integrated into CoinGlass and a named API customer. CoinGlass aggregates derivatives, spot, and funding rate data from Gate.
• HyperliquidmajorTechnology or IntegrationCoinGlass provides specialized Hyperliquid intelligence including whale real-time positions, PnL distribution, position rankings, and liquidation maps, covering 350k+ monitored addresses. Hyperliquid data is a flagship feature with dedicated product pages.
• CME (Chicago Mercantile Exchange)coreTechnology or IntegrationCME Bitcoin futures data is integrated into CoinGlass, providing open interest, volume, and premium index data alongside crypto exchange data. CME BTC volume data is displayed on CoinGlass futures pages.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CoinGecko: One of the largest crypto data aggregators covering price, volume, and market cap across hundreds of exchanges. Comparable in cross-exchange aggregation scope, though more retail-focused; competes for the same free-tier traffic that funnels CoinGlass's PLG motion.
• CCData (CryptoCompare): Crypto market data and indices provider serving institutional clients with reference rates, tick data, and analytics across exchanges. Closely comparable product suite and customer overlap with CoinGlass in exchange and asset manager segments.
• Amberdata: Crypto financial intelligence platform providing market data, derivatives analytics, and on-chain metrics for institutional traders. Directly competes in the derivatives and order flow analytics space that is core to CoinGlass.
• Kaiko: Institutional-grade crypto market data provider offering historical and real-time trade, order book, and reference data across 100+ venues. Directly comparable to CoinGlass's institutional API offering and competes for the same quant, exchange, and asset manager customers.
• Glassnode: On-chain and market intelligence platform for digital assets, offering institutional-grade analytics on derivatives, liquidations, and investor behavior. Comparable institutional data subscription model and overlaps heavily with CoinGlass's derivatives analytics.
• CoinMarketCap: Binance-owned crypto data platform aggregating price, volume, and derivatives metrics across global exchanges. Directly comparable in cross-exchange aggregation and competes for retail trader mindshare that drives CoinGlass's top-of-funnel awareness.

Emerging players

• Messari: Crypto research and data provider offering market intelligence, on-chain analytics, and institutional research. Comparable institutional customer base but more research-heavy than CoinGlass's real-time market data focus.
• The Tie: Crypto market data and sentiment analytics platform focused on derivatives, options, and on-chain data for institutional clients. Comparable derivatives analytics offering though smaller scale than CoinGlass.
• TradingView: Global charting and social trading platform with extensive crypto market data and analytics overlays. Comparable charting product (overlaps with CoinGlass's Supercharts/Legend) and competes for the same retail and prosumer crypto trader base.

Broad incumbents

• Bloomberg Terminal: Dominant institutional financial data and analytics platform with growing crypto coverage including derivatives, ETFs, and reference data. Represents the strategic incumbent that institutional CoinGlass customers (e.g., Fidelity, Reuters) may consolidate around over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/coinglass_com

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinglass