CoinMarketCap acquires CoinGlass to enhance crypto derivatives data

CoinMarketCap has acquired CoinGlass, the derivatives analytics platform known for its liquidation heatmaps and open interest trackers. The deal, completed on September 25, brings CoinGlass’s specialized derivatives toolkit under the same roof as CoinMarketCap’s massive audience of 115 million monthly users. Financial terms were not disclosed. What CoinGlass brings to the table CoinGlass has quietly become one of the most important data providers in crypto since its founding in 2019. The platform tracks derivatives data across 28 exchanges and more than 2,500 trading instruments, covering everything from perpetual futures to options contracts. Its signature products, liquidation heatmaps, open-interest dashboards, and funding-rate tables, have become essential tools for traders managing leveraged positions. The platform serves over 5 million monthly users and counts more than 10,000 API clients. CoinGlass will retain its brand, team, website, app, free tools, API, and pricing following the acquisition. Why derivatives data matters more than ever Derivatives trading now constitutes the majority of total crypto trading volume. Open interest data reveals how much capital is committed ...