Indexes

CM Indexes

Unlock the power of independent, trusted index solutions for crypto markets.

Product Overview

Coin Metrics Indexes includes our CMBI suite of crypto asset benchmarks, as well as our custom index and calculation services used by leading crypto and traditional financial institutions.

Our CMBI Benchmarks adhere to the International Organization of Securities (“IOSCO”) Principles and the UK Benchmarks Regulation (“BMR”).

Solutions
CMBI

Comprehensive suite of single-asset, multi-asset and unique crypto asset benchmarks.

Custom Indexes

Custom indexes built for your specific needs.

Calculation Services

Calculation agent services for institutions seeking to administer their own custom indexes.

Data for Indexes

Cryptoasset market and on-chain data for third-party index creation.

Differentiators
Innovative methodologies

Proven innovation in crypto asset index methodologies.

On-chain expertise

Unmatched expertise in on-chain crypto asset markets.

Third-party audit opinion

Trusted and adherent benchmarks through independent audits.

Independent governance

Independent benchmarks without conflicts of interest.

Self-sourced data

Data sourced directly from blockchain nodes and cryptoasset exchanges.

Broad distribution

Widespread distribution through leading financial platforms.

Use Cases
Backtesting

Determine how an investment strategy would have performed versus an index.

Benchmarking

Benchmark your fund performance against an objective third-party index.

Investment product creation

Use best-in-class data to design your own investment products.

Derivatives settlement

Leverage our index products for reliable settlement.

What's inside

Data designed for institutional intelligence

CMBI Bitcoin
CMBI Ethereum
CMBI Solana
CMBI Total Market
CMBI Bitcoin and Ethereum
CMBI Ethereum Staking Index
Resources
CMBI Benchmarks

Browse a comprehensive suite of CMBI benchmarks.

CMBI Data

Query index level timeseries via API.

CMBI Documentation

Explore an overview of crypto benchmarks and index types.

Market Data Documentation

Discover available market data types and structures.

Reference Rate Methodology

See how reference prices are computed across frequencies.

CMBI Announcements
CMBI Consultations
CMBI Whistleblowing
CMBI Complaints & Challenges
CMBI Index Policies
CMBI Governance Committees
CMBI Fork Legitimacy Framework
Adjusted Free Float Supply Methodology
CMBI Holiday Calendar
CMBI Rebalance Calendar
Coin Metrics Products
Market Data

Simplify petabytes of data into performant and streamlined metrics.

On-Chain Data

Unlock superior search capabilities with the most reliable blockchain search engine.

Prices

Harness transparent pricing for clear decision-making.

Indexes

Unlock the power of independent, trusted index solutions for crypto markets.

datonomyTM

Classification system for Digital Assets.

Latest Insights & Research

October 1, 2026
Research
State of the Market: Markets Weather a Historic Rise in Bond Yields
4 minute read
September 30, 2026
COMMENTARY
Regulatory Roundup #23
Regulatory Roundup #23

Your dose of regulatory moves, missteps and melodrama, ensuring you’re always informed (and occasionally amused) by what global watchdogs are up to.

10 minute read
September 30, 2026
MEDIA
The Infrastructure Behind the Everything Brokerage
The Infrastructure Behind the Everything Brokerage

Institutional digital asset activity now extends beyond cryptocurrencies to stablecoins, tokenised deposits, funds and conventional securities represented digitally. Banks, asset managers and investment platforms entering these markets need systems that connect these new investment products with familiar trading, risk and settlement processes. Talos provides technology and data for institutional digital asset trading and portfolio management. Its platform connects clients with their chosen venues and service providers for price discovery, execution, risk, treasury and settlement. It operates behind the scenes empowering banks, brokerages and asset managers to add digital assets to their offerings without having to rebuild their existing platforms. Samar Sen, Senior Vice President and Head of International Markets at Talos, expects more institutions to enter the sector as investment providers continue to add support for new digital assets and markets move towards longer trading hours. For private wealth firms, he believes the question is whether digital assets can be incorporated into the wider client relationship rather than being left on a separate platform or worse, unsupported and forcing clients to work with unproven external providers.

5 minute read
September 29, 2026
Research
Hot Sectors Leading Altcoin Rally
Hot Sectors Leading Altcoin Rally

State of the Network #383

5 minute read
September 28, 2026
News
OKX Expands Institutional Options Access Through Talos
OKX Expands Institutional Options Access Through Talos

Eligible clients can trade OKX options alongside existing spot and futures markets within the Talos platform

2 minute read
September 25, 2026
MEDIA
Trading Everything, All the Time
Trading Everything, All the Time

Andrew Theodosiou, Sales Director for EMEA at Talos, joined Luke Courtenay Smith, Managing Director of Flight3 and Zebu Live, for an episode of the Walk and Talk series. The conversation covered what happens when every asset trades on crypto's terms - ‘the perpification of everything’.

1 minute read
September 22, 2026
Research
The Race for Tokenized Stocks and the Path Ahead
5 minute read
September 17, 2026
Research
State of the Market: CLARITY Stalls, Fed Hikes
State of the Market: CLARITY Stalls, Fed Hikes

State of the Market | September 10 - September 16, 2026

4 minute read
September 16, 2026
News
Talos Named Best Crypto & Digital Asset Data Provider at the Market & Alt Data Insight Awards USA 2026
Talos Named Best Crypto & Digital Asset Data Provider at the Market & Alt Data Insight Awards USA 2026

Talos was named Best Crypto & Digital Asset Data Provider at the inaugural Market & Alt Data Insight Awards USA 2026 in New York City on September 10, 2026. The award was accepted by Talos COO, Michael D'Alessio.

1 minute read
September 15, 2026
Research
The Perpification of pre-IPOs
The Perpification of pre-IPOs

State of the Network #381

5 minute read
September 10, 2026
Research
State of the Market: Perps Beyond Crypto
State of the Market: Perps Beyond Crypto

September 3 - September 9, 2026

4 minute read
September 10, 2026
KNOWLEDGE
The Perpification of Everything: What Brokers Need to Offer Perps
The Perpification of Everything: What Brokers Need to Offer Perps

Ten years ago, the perpetual swap was introduced. BitMEX wanted to offer leveraged bitcoin exposure without expiries, delivery or a settlement calendar, so it listed a future that never settles and used a funding payment to hold it near spot. This innovation is now the dominant way crypto trades, and it is starting to appear across real-world assets.

5 minute read
September 8, 2026
Research
Bitcoin’s Shifting Macro Identity
Bitcoin’s Shifting Macro Identity

State of the Network #380

5 minute read
September 8, 2026
PRODUCT
Talos’s Coin Metrics Data now accessible via Amazon S3 and Snowflake Cloud Delivery
Talos’s Coin Metrics Data now accessible via Amazon S3 and Snowflake Cloud Delivery

Product Update: Read whole datasets from your own environment, with 10 datasets published daily as Apache Parquet files in Amazon S3 and as queryable tables in Snowflake.

2 minute read
September 3, 2026
Research
State of the Market: Bitcoin, Gold and the Fed-Treasury Tug of War
4 minute read