- Traders can now access real-time insights on KuCoin Futures through CoinGlass, including funding rates, liquidation maps, and long/short ratio trends.
- KuCoin Futures is reinforcing its reputation for security, innovation, and its ambition to lead the crypto derivatives market.
KuCoin Futures has taken a major step forward on the global crypto market since it has been listed on CoinGlass, the highly recognized crypto derivative analytics platform.
The listing has immediately placed KuCoin Futures in the spotlight, ranking it 4th globally among all derivatives exchanges, based on key trading metrics.
KuCoin Futures Earns Top Spot on CoinGlass
CoinGlass has been recognized as a provider of real-time market data and robust market analysis, which members can utilize in their crypto decisions as the digital asset sphere shifts at a high pace. Its ranking is determined based on well-rounded indicators like the open interest, trading volume, rates of funding, and liquidations.
KuCoin Futures’ strong performance across these metrics reflects growing user trust and solid market engagement. With a listing on CoinGlass, the users of this platform will now be able to track KuCoin Futures on various versatile data tools.
These are real-time open interest in all contracts, comparative funding rates, and comprehensive liquidation maps. Traders are also able to use cumulative volume deltas, open interest-to-price correlation chart,s and long/short ratio phase trends. These insights are essential in detecting arbitrage opportunities and market anomalies between markets.
“This achievement reflects the trust of our global user base and our commitment to transparency, innovation, and excellence in product development,” said KuCoin CEO BC Wong.
He added,
We’re honored to be recognized by CoinGlass as one of the top futures trading platforms globally.
Through extensive improvement over the years, CoinGlass has become a prevalent tool of interest to professional traders since it offers valuable analytics that are essential in determining the market changes of sentiment and liquidity.
By analyzing the real-time data like price deviations, funding rate inefficiencies, and last-minute changes in the open interest, the users will be able to implement better-informed strategies in spot and derivatives markets.
Back in May, KuCoin secured ISO 27001:2022 certification, underscoring its dedication to robust information security standards and enhanced user protection, as reported by CNF.
About KuCoin’s Latest Global Program
The milestone is realized alongside the recent launch by KuCoin Futures of a $10 million global program to grow its community and its affiliate base, to be coupled with early-stage Web3 innovation. According to the company, this is a step towards the restoration of confidence in the crypto industry to ensure the long-term vision of a decentralized financial system.
Further, as KuCoin Futures joins CoinGlass and focuses on investing in constant innovation, it is set to become a much more formidable competitor in the industry nowadays opposite several players. The above attributes of the platform (high liquidity, advanced analytics, and user-focused initiatives) reflect the desire of the platform to become a leading destination where traders can trade in crypto derivatives throughout the world.
As Wong describes it, “we will continue to enhance our infrastructure and empower traders with world-class tools and insights.”
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