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Trusted Exchange Framework 2.0
Centralized exchanges are a vital part of the crypto ecosystem but vary widely in quality across several use-cases. In order to promote transparency, innovation, and trust for the industry and its users, Coin Metrics is releasing an update to the [...]
SOTM March 2-8, 2023
Once hailed as the gateway to mass adoption, institutions have been no silver bullet for crypto's liquidity woes. After losing key partners like Coinbase, Paxos, and Circle, Silvergate Capital has finally shuttered its "crypto-friendly" bank, voluntarily liquidating the entity's assets [...]
Decentralized Exchanges Four Months After FTX
Using data from Coin Metrics’ DEX data feed, we examine the underlying activity on Uniswap and Sushiswap to understand usage of this trading infrastructure.
SOTM February 23-March 1, 2023
With regulators refusing to turn the page, crypto companies are taking extra time to get their papers in order. Though top BTC miner Marathon Digital was originally set to deliver a Q4 earnings report on Tuesday, MARA postponed the call [...]
Bletchley Indexes Decommission Announcement
The Bletchley Index Series represented in the table below are scheduled for decommission on April 15, 2023. As of this date, no new price or return data will be produced. The full decommission of the Bletchley Index website, including all [...]
Decoding Crypto Pricing: Insights for Institutional Investors
In this report, we aim to compare and contrast Coin Metrics’ two independent pricing methodologies, elucidate their underlying accounting rationale, and examine their historical performance through real-world case studies.
CM Launches R API Client
CM now offers an official R API client. Our R API client joins our Python API client to make it easier to collect and clean data enabling users to spend more time on valuable analytical and engineering efforts. R [...]
Introducing Realized Volatility
CM continues to expand our market metrics with the introduction of Realized Volatility. Our Realized Volatility metric is available for over 550 cryptoassets (matching our Reference Rate coverage) and is measured as the standard deviation of the natural log of [...]
Decoding Crypto Pricing
A price is one of the most basic data points of any functioning, active market. Digital assets are traded around the clock, 24 hours a day, 7 days a week, and 365 days a year. These assets are well-known for [...]
Dancing with the Regulator: Stablecoin Data in the Wake of New Regulatory Action
In this State of the Network, we examine stablecoin data following the recent regulatory developments surrounding the Binance USD (BUSD) stablecoin.