Token Terminal and CoinGecko Set New Standards for Crypto Transparency

Token Terminal has collaborated with CoinGecko to allow its standardized on-chain financial metrics to be integrated into the CoinGecko system. The partnership introduces fresh depths of clarity and insight into the data around crypto assets by incorporating the market following of CoinGecko with the financial analysis provided by Token Terminal. The users can now view metrics like protocol fees and revenue on CoinGecko as part of the Financials table on every asset page.

Sponsored

https://twitter.com/tokenterminal/status/1943286151911215345?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener nofollow

The addition of these metrics includes historical data that offers more context to the analysis of blockchain protocols performance. The first launch is based on essential measures like fees generated and revenue received by different crypto projects. Token Terminal has also proposed that future changes will introduce more metrics, further increasing the data accessible to users.

Token Terminal and CoinGecko Promoting Transparency in Digital Asset Market

The two organizations have highlighted that they want to enhance transparency and data accessibility to the digital asset ecosystem. This integration would allow easier tracking of the financial health of crypto projects and network adoption level by providing standardized financial information in addition to price, volume, and market capitalization data.

The collaboration is an attempt to bring blockchain data into a form that can be acted upon by investors, developers, and other stakeholders. CoinGecko, a popular source of information related to the crypto market, offers channels and a network to distribute the Token Terminal metrics to a greater audience. Meanwhile, the organized and aligned data sets of Token Terminal facilitate enhanced evaluation of decentralized networks.

Prospects and the Scope of Mutual Cooperation

In the future, Token Terminal and CoinGecko intend to improve the extent of the data featured on the platform. This will entail the introduction of new types of metrics and cooperation with project teams to bring up the needed usage and financial data. Through this collaboration, both companies to make better decisions in the digital asset industry by standardizing data and making it more transparent.

This integration is a significant step towards the development of crypto analytics and a demonstration of why easy-to-deal-with and accurate financial data is crucial to the analysis of blockchain-based assets.