Coin Metrics

Coin Metrics is the leading provider of crypto financial intelligence, delivering network data, market data, indexes, and reference data solutions to institutional participants in the digital asset economy. Founded in 2017 as an open-source project to determine the economic significance of public blockchains, Coin Metrics has grown into a trusted data infrastructure company serving the most prestigious institutions in cryptoassets. In July 2025, Coin Metrics was acquired by Talos, the premier provider of institutional trading and portfolio technology for digital assets.

Core Products

Coin Metrics offers eight distinct data products delivered via API and institutional-grade data feeds:

• Market Data Feed – Harmonized, institutional-grade market data from 50+ spot and derivatives exchanges in a single unified feed, covering trades, quotes, order books, candles, open interest, funding rates, and options Greeks.
• Market Data Pro – Pre-calculated, aggregated metrics across 400,000+ markets including futures liquidations, basis, implied volatility surfaces, realized volatility, and liquidity depth metrics.
• Coin Metrics ATLAS – A blockchain search engine covering 190+ assets, enabling granular search of transactions, addresses, and blocks for audit, accounting, tax reporting, and risk management use cases.
• Network Data Pro – Aggregate on-chain metrics for the top cryptoassets covering supply, wallets, economics, mining, transactions, fees, and revenue.
• CM Prices – Transparent, independently-constructed reference rates and principal market prices derived from high-quality constituent markets, used for valuation, accounting, tax, and derivatives settlement.
• CM Indexes (CMBI) – A suite of IOSCO-compliant crypto asset benchmarks including CMBI Bitcoin, Ethereum, Solana, and sector indexes, plus custom index construction and calculation agent services.
• datonomy – A digital asset classification system co-created with Goldman Sachs and MSCI providing a standardized taxonomy for portfolio analytics, risk management, and investment product construction.
• Security Master – A reference data product providing harmonized on-chain and off-chain asset identifiers, market contract specifications, and pricing data for 3,000+ assets and 150,000+ markets.

Key Strengths

Coin Metrics differentiates itself through self-sourced data directly from blockchain nodes and cryptoasset exchanges, rigorous independent methodologies, and deep on-chain research expertise. The company publishes widely-read research including the weekly State of the Network and State of the Market reports. Its benchmarks adhere to IOSCO Principles and UK Benchmarks Regulation (BMR), and the company has received SOC2 certification.

Notable Clients and Partnerships

Coin Metrics serves leading crypto-native institutions and traditional financial players. The company co-created datonomy with Goldman Sachs and MSCI. It has been named to the Fortune Crypto 40 list. Its data products are integrated across major trading platforms, asset managers, exchanges, and research firms.

Why Choose Coin Metrics

Coin Metrics provides a single, integrated data infrastructure layer for crypto institutions—combining market data, on-chain data, reference prices, indexes, and asset classification through a unified API. Its commitment to transparent methodologies, independent governance, and institutional-grade reliability makes it the foundational data provider for the crypto economy.