Binance-owned CoinMarketCap has taken over Coinglass, a widely used platform that tracks cryptocurrency derivatives activity, according to an official announcement dated September 25, 2026.
The deal is already closed. Neither company revealed the purchase price.
CoinMarketCap is one of the most frequently cited sites for cryptocurrency prices and market-capitalization rankings.
The company said the acquisition is meant to give its roughly 115 million monthly visitors a fuller picture of the market.
Spot prices will now sit alongside information on how leveraged traders are positioned, where forced liquidations tend to concentrate, and how funding rates are shifting.
Derivatives now account for most trading activity in digital assets. Coinglass has become a common destination for that information.
Launched in 2019, the service monitors open interest, funding rates, liquidations, options, long-short ratios, and related metrics across 28 exchanges and more than 2,500 instruments.
It reports more than five million monthly users and about 10,000 API clients.
Its liquidation heatmaps, open-interest dashboards, and funding-rate tables are among the charts most often shared by traders.
Rush, CoinMarketCap’s chief executive, said derivatives are where most market risk is taken and that Coinglass is where many people already look for that data.
He added that the goal is to bring that view to a larger audience without altering the product itself.
David Salamon, CoinMarketCap’s chief product officer, noted that Coinglass made open interest, funding, and liquidations visible to a broad set of users.
Coinglass will keep operating as a separate business under its existing name.
Its website, mobile app, free tools, API, and pricing will stay the same, and the current team will continue developing the product, the company said.The combination addresses a gap on CoinMarketCap’s side.
The site has long been strongest in spot-price tracking.
Adding specialized derivatives coverage lets users see both cash-market prices and leveraged positioning in one ecosystem, rather than switching between two separate tools.
For Coinglass users, the change is intended to be invisible in daily use while expanding the reach of its data.
The move also fits a broader pattern of CoinMarketCap expanding the types of market information it surfaces.
Because derivatives dominate volume, metrics such as clustered liquidations and shifting funding rates can help explain sudden price moves that spot data alone may not fully capture.
No timeline was given for how the two platforms will be technically linked. What is clear is that Coinglass’s existing services remain available as they are today, while CoinMarketCap plans to incorporate the same underlying data for its much larger audience.