CoinGlass is a crypto analytics platform that focuses on data from the derivatives side of the market. Traders use it to track open interest, funding rates, liquidations and other statistics that show how aggressive long and short positions are across major exchanges. Since leverage plays a big role in crypto price swings, this type of data helps traders understand where the market may be vulnerable to sudden moves. CoinGlass collects real-time information from multiple exchanges and displays it in charts, tables and heatmaps, making it easier to spot unusual activity. For example, a spike in funding rates might signal that too many traders are leaning in one direction, while large liquidation clusters can point to levels where forced selling or buying could accelerate a move.

The platform is popular among both short-term and long-term traders because it gives a clear view of market sentiment. Instead of relying only on price action, users can see how much leverage is building up and whether traders are becoming overly confident. CoinGlass also shows historical patterns, allowing traders to compare current conditions with past events. Although it doesn’t provide trading signals or financial advice, it offers data that can support better decision-making. When combined with a solid trading plan and risk management, CoinGlass becomes a helpful tool for understanding volatility, spotting potential turning points and staying aware of broader market pressure.