@CoinMarketCap has acquired @coinglass_com, the derivatives data platform widely used by traders to monitor open interest, funding rates, liquidations, and options across major exchanges. The
@CoinMarketCap has acquired @coinglass_com, the derivatives data platform widely used by traders to monitor open interest, funding rates, liquidations, and options across major exchanges. The transaction has been completed, though financial terms were not disclosed.
Founded in 2019, CoinGlass tracks 28 exchanges and over 2,500 products, and serves 5 million monthly users along with more than 10,000 API clients.Derivatives account for the majority of crypto trading volume, making CoinGlass a go-to resource for active traders trying to read market structure and positioning.
The acquisition gives CoinMarketCap users deeper visibility into leveraged positioning and market risk, combining price tracking with derivatives analytics as futures increasingly influence short-term crypto volatility.
CoinGlass confirmed it will continue to operate as an independent business under the CoinGlass brand.Its website, app, free tools, API, and pricing will remain unchanged.For the platform's 10,000 API customers, that continuity likely matters as much as the ownership change itself.
The integration is set to bring derivatives analysis to CoinMarketCap's 115 million users, covering leverage positions, liquidation distribution, and funding rates.The deal also expands CoinMarketCap beyond its traditional role as a price, market-cap, and exchange-ranking destination, with CoinGlass bringing a specialized derivatives audience and tools designed for active traders.
CoinMarketCap itself has operated under Binance's ownership since April 2020, when the exchange acquired the price-tracking site.
Sources:CoinMarketCap Official AnnouncementGlobeNewswire Press ReleaseThe Crypto Times Coverage
