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 Updates | Announcements | 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.

Security Master

Enhance decision-making and operational efficiency with consistent, harmonized crypto asset data.

Latest Insights & Research

July 6, 2026
PRODUCT
Granular Order Book Updates Now Available in the Market Order Books API
Granular Order Book Updates Now Available in the Market Order Books API

Product Update: Update your order book incrementally instead of re-fetching full snapshots every time.

2 minute read
July 2, 2026
COMMENTARY
Regulatory Roundup #20
Regulatory Roundup #20

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

6 minute read
June 30, 2026
Research
Q2 2026 Market Update: Reversals, Rotations & Rates
5 minute read
June 29, 2026
MEDIA
Before the First Fill: Quantitative Pre-Trade Analytics and the Agentic Future of Digital and Multi-Asset Execution
Before the First Fill: Quantitative Pre-Trade Analytics and the Agentic Future of Digital and Multi-Asset Execution

Talos's Head of Quantitative Execution Services, Eliad Hoch breaks down how institutions can finally estimate execution costs in digital assets before they trade.

6 minute read
June 26, 2026
MEDIA
Bridging TradFi and blockchain: Advancing settlement solutions for institutional digital assets
Bridging TradFi and blockchain: Advancing settlement solutions for institutional digital assets

Paul Golden examines the core challenges facing leading digital asset settlement providers and how these issues are being addressed.

10 minute read
June 25, 2026
News
Talos Named Best Digital Assets Provider at the Hedge Fund Services Awards | APAC
Talos Named Best Digital Assets Provider at the Hedge Fund Services Awards | APAC

The Hedge Fund Services Awards | APAC is one of the most respected industry distinctions in the region

1 minute read
June 24, 2026
Research
The Spectrum of Tokenized Stock Exposure
5 minute read
June 18, 2026
News
Talos Named a Top 50 Digital Asset Institution by The Digital Banker
Talos Named a Top 50 Digital Asset Institution by The Digital Banker

Talos has ranked 18th in The Digital Banker's Top 50 Digital Assets Report 2026

2 minute read
June 17, 2026
PRODUCT
Track Bitcoin’s Realized Cap by Coin Age in Coin Metrics Network Data Pro
Track Bitcoin’s Realized Cap by Coin Age in Coin Metrics Network Data Pro

Product Update: 13 new Bitcoin metrics now available in Coin Metrics Network Data Pro

2 minute read
June 16, 2026
Research
Hyperliquid: Perps, Outcome Markets and USDC Yield
5 minute read
June 11, 2026
News
Talos Named Best EMS Provider at the Hedgeweek Global Digital Asset Awards
Talos Named Best EMS Provider at the Hedgeweek Global Digital Asset Awards

The annual Hedgeweek Awards recognize excellence among fund managers and service providers.

1 minute read
June 10, 2026
RESEARCH
Movers and Shakers June 2026
Movers and Shakers June 2026

Digital assets approaching broader market accessibility

3 minute read
June 9, 2026
Research
Hyperliquid: Pre-IPO Price Discovery on Crypto Rails
6 minute read
June 5, 2026
NEWS
Talos Named Best Trading Infrastructure and Best Market Intelligence & Data Platform
Talos Named Best Trading Infrastructure and Best Market Intelligence & Data Platform

The BeInCrypto Institutional 100 Awards were held during Proof of Talk in Paris.

2 minute read
June 3, 2026
MEDIA
Institutional Crypto Lending: A Field Report from Blockstories
Institutional Crypto Lending: A Field Report from Blockstories

An interview-led field report from Blockstories on institutional adoption, barriers, and market structure in crypto-backed lending

2 minute read
June 3, 2026
ANALYSIS
Backtesting Risk Measures for Digital Assets
Backtesting Risk Measures for Digital Assets

Hourly updates demand continuous validation. Talos presents a practical framework for verifying that VaR, CVaR and their upside counterparts remain reliable as market conditions evolve.

1 minute read