Insights
Explore the digital assets ecosystem through our catalog of original data-driven research.
Tags

Layer 1s – Vertical Analysis
Layer-1 blockchains have continually reshaped the digital asset landscape. Bitcoin set the foundation in 2009 with decentralized peer-to-peer money, followed

Trusted Exchange Framework
Coin Metrics’ Trusted Exchange Framework (TEF) is a quantitative evaluation of crypto exchanges. We leverage the CM Market Data Feed

Analyst Spotlight USDC Overview
The Coin Metrics Analyst Spotlight explores USDC’s expanding role in digital finance, unpacking its adoption across blockchains, integration with DeFi

ETH is Overtaking BTC in Daily Transaction Fees, Driven by Tether
ETH is on the verge of overtaking BTC in daily transaction fees. As of September 15th, ETH had $182,899 daily

Bitcoin and Tether Volume Distribution by Exchange
Exchanges are a crucial piece of the crypto ecosystem. Successful exchanges can help fuel tremendous growth. But exchanges also represent

Stablecoin Summer 2019 Review
The stablecoin wars heated up this summer. Now that summer is nearing an end, we took a look back at

CM Real-Time Reference Rates Research Summary
Coin Metrics has conducted substantial research and backtesting to develop the methodology used in the CM Real-Time Reference Rates. Like

BTC Realized Cap Passes $100 Billion
On August 23rd, BTC realized cap passed $100 billion for the first time ever. Realized capitalization is a metric created by

Analyzing Wealth Distribution in Crypto
The distribution of wealth in crypto assets has been a recent topic of debate. The debate has centered around whether a lack

An Analysis of Fork Legitimacy
This study is designed to aid in the determination of whether an exchange, index provider, investment manager, or any market

Bitcoin Shows Potential as A Unique Safe Haven Asset
Bitcoin was born as a response to a deep, global recession caused by a financial system driven to the brink

A Look Back at the Last Year of ETH On-Chain Data
Last week, Ethereum (ETH) celebrated its 4th birthday. In honor of the occasion, we looked back at the last 365 days

Analyzing BitMEX Net Flow Since Investigation Announcement
On July 19th, Bloomberg reported that the CFTC is conducting a probe on BitMEX. Since then, BitMEX has had an aggregate net

A Comparative Analysis of Bitcoin Forks
Bitcoin (BTC) has had many forks over the years, most of which have faded into obscurity. But one fork in

An Analysis of Kin’s On-Chain Activity
In the following post, we investigate Kin’s on-chain activity compared to other blockchains.