CoinGlass will retain its brand and team, while its website, app, free tools, API and pricing will remain unchanged following the acquisition. CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed amount, expanding its coverage of leveraged trading across major exchanges. CoinMarketCap announced Friday that CoinGlass will continue operating under its existing brand, with its team remaining in place. Its website, app, free tools, API and pricing will be unchanged. CoinGlass tracks open interest, funding rates, liquidations and options. It covers 28 exchanges and more than 2,500 instruments, according to the announcement. Read more
Binance led derivatives trading in Q1 2026 with about $4.9 trillion in volume, while Hyperliquid entered the top 10 as perp DEXs continued to gain traction, according to CoinGlass. Binance maintained its leading position in crypto derivatives trading in the first quarter of 2026, while decentralized exchange Hyperliquid broke into the top 10 venues by volume, according to CoinGlass. Derivatives trading remained the dominant force in the crypto market in Q1 2026, totaling $18.6 trillion compared with $1.94 trillion in spot trading, according to a CoinGlass report on Friday. The analysts said trading activity remained strong over the quarter, though liquidity and capital became even more concentrated at the top. “Q1 was not about euphoria. It was about recovery, concentration, and shifting market structure,” CoinGlass said. Read more