Decentralized Finance (DeFi) has been a very important part of the evolving crypto space. Over the past few months, our Research team has been sharing unique, data driven reports and insights into the DeFi sector. Today, we are thrilled to announce that our DeFi Data is becoming accessible to our clients through our existing product offerings. The addition of Coin Metrics DeFi Data builds on our mission of building the crypto economy on a foundation of truth, and further enables our clients to delve into the DeFi space with the same authentic and accurate data with the highest standards of clarity and precision.
This is just the beginning of Coin Metrics DeFi offerings. Read on for more about our current DeFi Data availability, and stay tuned for further updates including additional protocols and data types.
Balance Sheet Endpoint
Coin Metrics’ DeFi Balance Sheet endpoint enables users to monitor, analyze and reason about a DeFi protocol’s financial health using a familiar, balance sheet-like data model. Coin Metrics’ approach to TVL, as shared in our State of the Network Understanding Total Value Locked (TVL), takes a more granular approach to the previous methods of tracking value in DeFi protocols.
This data can be accessed at our /timeseries/defi-balance-sheets API endpoint. Data in this endpoint is made available on an end of day basis (00:00 UTC).
This endpoint currently supports Aave v2 and Compound v2 on Ethereum. We will be expanding coverage in this endpoint throughout the rest of the year to cover DEXs and other emerging popular DeFi protocols.
To learn more about this endpoint please visit our DeFi Balance Sheet Overview.
DEX Swaps Data
In CM Market Data Feed v2.6 we announced that Uniswap and Sushiswap swaps, liquidity pool metadata, candles, and volume metrics. Coin Metrics has been actively working on collecting data from major DeFi protocols. For our first release, we are adding support for all major liquidity pools on Uniswap v2, Uniswap v3, and Sushiswap v1.
Swaps data is served through our existing /timeseries/market-trades endpoint because swaps are conceptually identical to a trade. Users can see all the standard trade fields for a swap such as time, price, and volume but can also see DeFi-specific fields such as the block hash, transaction id, the addresses involved in the swap, and more by passing the include_DeFi_fields=true parameter.
Metadata about all major liquidity pools such as the base and quote asset, contract addresses, fees are also available through our /catalog/markets endpoint.
Candles for all major liquidity pools are also available through our /timeseries/market-candles endpoint.Reported spot volume metrics (volume_reported_spot_usd_1d and volume_reported_spot_usd_1h) are available at the exchange and exchange-asset level through our /timeseries/exchange-metrics and /timeseries/exchange-asset-metrics endpoints.
To learn more about our data formatting and insights for Dex trades please visit our DeFi Data Overview page.
This DEX swaps data is now available through our Websocket streaming API.
DeFi Token Coverage
Through our Network Data offering you can access over 18 different DeFi Tokens for metrics like Market Cap, Supply, Active Addresses and many more metrics. These insights can provide health and usability of these DeFi tokens and their associated Protocols. Defi Tokens include:
CRV, 1INCH, LEND, ZRX, UNI, SUSHI, SRM, KNC, AAVE, COMP, GNO, YFI, MKR, SNX, PERP, WBTC, BAL, ALPHA, REN
These DeFi data offerings are now available in existing Coin Metrics offerings. Market Data Feed Clients can reach out to their dedicated Account Manager to gain access to DEX markets, while Network Data Clients should already have access to DeFi Tokens in our NDP offering. In the future, we may offer these products under a DeFi package. Please get in touch with our team to find out more.
As we continue to grow our DeFi offering over time, we’ll be looking for feedback on Protocols and Data Delivery. If you have thoughts please reach out to our product team or complete this survey to participate in our User Research Program.
More DeFi Insights From Coin Metrics