CoinMarketCap Bolsters Crypto Derivatives Coverage with CoinGlass Acquisition

CoinMarketCap has made another significant move in the crypto space by acquiring CoinGlass, a platform that tracks and provides data on cryptocurrency derivatives. This acquisition is set to expand CoinMarketCap's coverage of leveraged trading across major exchanges.

CoinGlass will continue operating under its existing brand with its team remaining in place. The website, app, free tools, API, and pricing of CoinGlass will remain unchanged for users.

CoinGlass tracks key metrics such as open interest, funding rates, liquidations, and options across 28 exchanges and over 2,500 instruments.