ABYSS Index vs Coinglass: the cycle read, for 22 assets and with an open formula
Coinglass is a global reference for derivatives data (funding, open interest, liquidations, options) and offers two cycle reads for Bitcoin: its 'Bull Market Peak Signals' board —dozens of top indicators with an aggregate count, like 'N of 30 triggered'— and the composite CBBI index (0–100). ABYSS focuses on the cycle: it computes that same family of top metrics (MVRV, NUPL, Mayer, Puell…) and offers two summarized reads —the ABYSS Score (0–100), a composite blending sentiment, momentum, trend, derivatives, macro and on-chain, and the ABYSS Risk (0–1), the per-asset cycle position for 22 assets—, with an open formula and a point-in-time backtest. On derivatives data, Coinglass is still another league.
Side-by-side comparison
| ABYSS Index | Coinglass | |
|---|---|---|
| Coverage for the cycle read | ✓ 22 assets (BTC + major alts) | BTC-only (peak signals + CBBI) |
| Cycle index | 0–100 Score (composite) + 0–1 Risk (position), open, versioned formula | CBBI 0–100 (open-source) + a signals count (N/30) |
| Derivatives data (funding, OI, liquidations) | Not our focus | Full, leading suite |
| Point-in-time backtest | ✓ Published point-in-time backtest (no look-ahead) | Indicator / CBBI history |
| On-chain from our own node | ✓ On-chain from our own node | Third-party aggregated data |
| Data redistribution | ✓ Own data, free to cite and redistribute | Restrictive redistribution license |
| Native Spanish content | ✓ Spanish-first: original Spanish analysis and guides (+ English) | UI translated to ~14 languages (incl. Spanish) |
| Core price | Core free, forever | Free; premium API and features |
BTC cycle risk (0–1) at the real market turns, taken from OUR own historical series.
Near tops risk was high; near bottoms, low. In-sample scale (uses the full history); read it alongside other indicators, not as a crystal ball.
In fairness
Where Coinglass is better: its derivatives data is top-tier and mostly free —liquidation heatmaps, funding, open interest, options, real-time ETF flows—, with an API to integrate it into your own systems. If you trade futures or short-term derivatives, Coinglass is essential and ABYSS doesn't compete there. ABYSS is built to read the CYCLE (mid/long-term valuation) per asset, not intraday derivatives data.
Frequently asked questions
Does ABYSS replace Coinglass's 'Bull Market Peak Signals' board or the CBBI?
It covers the same cycle read: ABYSS computes that same family of metrics (MVRV, NUPL, Mayer, Puell…) and offers two summarized reads —the ABYSS Score (0–100, a composite index) and the ABYSS Risk (0–1), the price-based per-asset cycle position for 22 assets (not just BTC)—, with an open, versioned formula and a point-in-time backtest. Coinglass adds its signals count, the CBBI and the whole derivatives universe. Many use both: ABYSS for the per-asset cycle read, Coinglass for the derivatives detail.
Do you do derivatives data (liquidations, funding) like Coinglass?
No. That's not our focus: ABYSS reads the cycle (valuation, on-chain, momentum). For liquidations, funding, open interest and options, Coinglass is an excellent reference.
Is this financial advice?
No. ABYSS Index provides information and historical context for educational purposes; it is not financial advice. This comparison is factual and for informational purposes.
See the risk of all 22 assets (free) →How the ABYSS Risk is computed →See all comparisons →