CoinMarketCap acquires CoinGlass, expands derivatives data
7.2 Crypto CoinMarketCap has acquired CoinGlass, a major crypto derivatives data platform. CoinGlass will keep its brand and services, expanding CoinMarketCap’s coverage into derivatives analytics.
CoinMarketCap has acquired CoinGlass, a leading crypto derivatives data platform, for an undisclosed sum. The deal, finalized on September 25, brings CoinGlass’s advanced derivatives analytics—such as open interest, funding rates, liquidations, and options data from 28 exchanges and over 2,500 instruments—under CoinMarketCap’s umbrella. CoinGlass currently serves more than 5 million monthly users and over 10,000 API clients, while CoinMarketCap boasts 115 million monthly users. Despite the acquisition, CoinGlass will retain its independent brand, team, website, app, free tools, API, and pricing, with no immediate changes planned. The integration aims to combine CoinGlass’s derivatives intelligence with CoinMarketCap’s spot price tracking, providing users with deeper insights into leveraged trading, market positioning, and liquidation trends. This move significantly expands CoinMarketCap’s data offerings beyond spot prices, reflecting the growing importance of derivatives in the crypto market.
