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 compliant 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 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

April 7, 2026
Research
Layer-1 Landscape: The Specialization of Blockspace
4 minute read
April 3, 2026
RESEARCH
Movers and Shakers April 2026
Movers and Shakers April 2026

Digital assets approaching broader market accessibility

3 minute read
April 1, 2026
MEDIA
APAC Firms Focus on Market Infrastructure Innovation
APAC Firms Focus on Market Infrastructure Innovation

Talos's Head of International Markets believes that firms that focus on making crypto derivatives markets easier to access and manage will be better positioned than those focused purely on new product launches.

4 minute read
March 31, 2026
NEWS
Ondo Tokenized Assets Now Accessible Through Talos
Ondo Tokenized Assets Now Accessible Through Talos

Clients can access tokenized assets via existing connectivity to Gate.io

2 minute read
March 26, 2026
NEWS
Selini Capital FZE Joins the Talos Provider Network
Selini Capital FZE Joins the Talos Provider Network

Integration brings independent HFT pricing and deep electronic liquidity to institutional clients

2 minute read
March 25, 2026
MEDIA
From Parallel Markets to Unified Infrastructure: Why Nasdaq and Talos Are Working Together
From Parallel Markets to Unified Infrastructure: Why Nasdaq and Talos Are Working Together

A Q&A with business leaders on building unified, institutional-grade workflows for mainstream and digital assets

5 minute read
March 25, 2026
Commentary
Regulatory Roundup #15
Regulatory Roundup #15

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

12 minute read
March 24, 2026
Research
Transaction Priority & Block Building on Ethereum
4 minute read
March 24, 2026
MEDIA
Running Critical Crypto Infrastructure Under Pressure
Running Critical Crypto Infrastructure Under Pressure

Panel ‒ Digital Chamber’s DC Blockchain Summit 2026

3 minute read
March 23, 2026
NEWS
Nasdaq and Talos Partner to Advance Tokenized Collateral Management Across Mainstream and Digital Asset Markets
Nasdaq and Talos Partner to Advance Tokenized Collateral Management Across Mainstream and Digital Asset Markets

Integration of Talos' digital asset infrastructure with Nasdaq’s Calypso and Trade Surveillance platforms delivers unified market access, cross-asset risk management, and institutional-grade compliance

4 minute read
March 18, 2026
ANALYSIS
When One Ticket Grows Many Legs: The Complexity of Multi-Token ETF Create/Redeem Workflows
When One Ticket Grows Many Legs: The Complexity of Multi-Token ETF Create/Redeem Workflows

The approval of spot bitcoin and ether ETFs in the US settled one question and immediately raised another. Single-asset crypto ETFs are operationally demanding enough, but as the market evolves toward actively managed, multi-token funds, the execution challenges embedded in the creation and redemption workflow become substantially more complex. For ETF issuers and the authorized participants (APs) who service them, that complexity deserves closer attention.

6 minute read
March 17, 2026
Research
A $50M DEX Swap With a $36K Outcome
A $50M DEX Swap With a $36K Outcome

State of the Network #355

4 minute read
March 16, 2026
KNOWLEDGE
Why RFQ is Essential in Institutional Crypto Markets
Why RFQ is Essential in Institutional Crypto Markets

RFQ is a well-established mode of trading in traditional capital markets where it has provided the necessary balance between competitive pricing and institutional discretion for decades. As digital asset markets continue their march towards institutionalization, the adoption of RFQ workflows has become essential. With the launch of its RFQ Platform, Talos is broadening the institutional model for sourcing liquidity and managing digital asset execution. The Talos RFQ Platform replaces fragmented OTC trading with centralized, standardized RFQ workflows for efficient block trading of digital assets in both spot and derivatives markets, or as part of larger workflows such as ETF create/redeem transactions. In the future, it will form the engine for an institutional lending and borrowing marketplace.

6 minute read