Bitcoin Data Provider CoinGecko Unveils Analysis Tool for Over 100 Derivatives Products
Cryptocurrency traders have long been looking for exclusive tools to track crypto derivatives. In this regard, data provider CoinGecko has setup a separate webpage with necessary tools to analyze crypto derivatives market.
The webpage will display aggregated data for crypto derivative products, including perpetual swaps and futures.
CoinGecko has claimed to be the first data aggregator to offer such service. Notably, crypto derivatives is a fast growing sector, with BitMEX leading the fray. Last month, BitMEX attained about $9 billion in daily transaction volume.
CoinGecko states that its derivatives section will facilitate users to search and study over 100 derivatives products trading across 22 derivatives exchanges, including, BitMEX, PrimeXBT, Binance, Kraken, Huobi DM, OKEx, and Gate.io.
Traders will receive complete access to information such as open interest, price, funding rates, trading volume and expiry dates across three different tools namely derivatives exchange overview, derivatives product overview and derivatives exchanges profile.
CoinGecko also intends to begin tracking options and also other derivatives offerings such as leveraged tokens.