See how each market maker performs on every exchange

Coinwatch reads their API keys and shows depth, spread, volume and KPI uptime for each of them, less than 3 seconds behind the market.

The Coinwatch Track dashboard on a MacBook, with the market maker leaderboard for Optimism
Market makers integrated
27
Market makers integrated
Exchanges covered
16
Exchanges covered
Dashboard latency
<3s
Dashboard latency
From signup to live
24h
From signup to live

Token teams using Coinwatch

  • Optimism
  • Sui
  • Jito
  • Morpho
  • Aptos
  • LayerZero
  • Avalanche
  • Monad

See live and historical market maker performance

Top of book, volume and order-book depth at 13 levels, read from every exchange your token trades on.

Live order books on Binance and OKX with each market maker's depth, spread and depth coverage

Real-time view. Every order book your market makers quote on, as it stands right now.

Depth within 50 bps

Per market maker, last 30 days · Demo data

  • Market maker 1
  • Market maker 2
  • Market maker 3
Sep 8Sep 15Sep 22Sep 29Oct 6

Historical view. How much depth each market maker kept on the book, day by day.

Know who brings the volume and who holds the spread

Volume and spread for each market maker on each exchange, over the last day, week or month.

Volume by market maker

Daily volume on all exchanges · Demo data

  • Market maker 1
  • Market maker 2
  • Market maker 3
  • Others
Sep 13Sep 19Sep 25Oct 1Oct 6

Volume by market maker. Who brings the volume, and how that share moves over time.

Bid/offer spread

Average over 30 days, target ≤ 25 bps · Demo data

Market maker 118.4 bps
Market maker 223.1 bps
Market maker 331.7 bps

KPI target

Bid/offer spread. Who keeps the spread tight and who leaves the book in volatile markets.

Catch every missed KPI and see how long it lasted

The targets from your contract sit next to what each market maker actually delivered, exchange by exchange.

KPI uptime, depth within 50 bps

Market maker 1, day by day · Demo data

Binance91%
Bybit90%
OKX93%
KuCoin93%
Gate62%
Sep 8Sep 22Oct 6

Every metric against its target. Uptime for each metric on each exchange, against the contract.

Breach events: each missed KPI with its worst value and how long it lasted

Breach events. Every missed target, with how far it went and how long it lasted.

Lift KPI uptime from 56.5% to 81.2% with the bot

The Coinwatch bot writes to a Telegram group with you and your market makers when a KPI is breached.

The Coinwatch bot's message in Telegram, listing the KPIs in breach on each exchange

How it works. Market makers get a Telegram alert that names the KPI, the venue and the fix.

KPI uptime

Average across every project and target we track, more than 100 deals

81.2%With the bot +24.7 pts
56.5%Without
With the Coinwatch bot81.2%
Without56.5%

The impact. Average KPI uptime across more than 100 deals: 81.2% with the bot, 56.5% without.

Replace an underperformer with the best deal on the market

When a market maker keeps missing its targets, we collect bids from the others and bring every offer to one indicative present value.

Coinwatch RFP. We run the RFP for you, round after round, across options, retainer and revenue share.

Your request. You pick the deal structures and the exchanges once, at the start.

An RFP round: bids from 8 market makers with spread, depth, loan size and indicative present value

Connect the market makers and exchanges you already use

27 market makers and 16 exchanges are integrated. If yours is not on the list, tell us: new integrations ship in days.

Market makers

  • Amber
  • Ampersan
  • Anti Capital
  • Atomic Fund
  • Auros
  • CA Invest
  • Cicada
  • CyantArb
  • Da Vinci
  • Flowdesk
  • Flow Traders
  • G20
  • Galaxy
  • GSR
  • IMC
  • JPEG Trading
  • Keyrock
  • Lhava
  • Lo:Tech
  • Manifold
  • Portofino
  • Presto Labs
  • Pulsar
  • Split Research
  • STS
  • Susquehanna
  • Tophash

Exchanges

  • Binance
  • Bitget
  • Bitso
  • Bitstamp
  • Bitvavo
  • Bullish
  • Bybit
  • Coinbase
  • Deribit
  • Gate
  • HyperLiquid
  • Kraken
  • KuCoin
  • Mercado Bitcoin
  • MEXC
  • OKX

Pick the level of coverage you need

First 30 days are on us, with no commitment.

Pro
$2,000/mo per market maker

Capped at $5,000 a month for 3 or more market makers

  • Liquidity tracked across every order book
  • Real-time view of each market maker's activity
  • Weekly email report on key liquidity metrics
Pro+Most popular
$3,000/mo per market maker

Capped at $8,000 a month for 3 or more market makers

  • Liquidity tracked across every order book
  • Real-time view of each market maker's activity
  • Weekly email report on key liquidity metrics
  • Telegram bot alerts when a KPI is breached
  • Coinwatch API access
Gold
$4,000/mo per market maker

Capped at $10,000 a month for 3 or more market makers

  • Liquidity tracked across every order book
  • Real-time view of each market maker's activity
  • Weekly email report on key liquidity metrics
  • Telegram bot alerts when a KPI is breached
  • Coinwatch API access
  • Coinwatch-led RFP to replace an underperforming market maker
  • Direct engagement with your market makers on your behalf
  • Regular market intelligence on your token's health

15% off Annual subscriptions, on every plan.

Start the free month

Go live within 24 hours

  1. 1

    Share your market makers. Tell us which market makers you work with and what you agreed with them.

  2. 2

    We whitelist your token. We get in touch with each of them to whitelist your token on Coinwatch Track.

  3. 3

    Open your dashboard. You get a link to your Coinwatch Track dashboard with data on each of your market makers.

We're a veteran team from CoinList and Coinbase

Since 2017, we've helped dozens of crypto projects with their token launches and market maker relationships.

  • Matthieu Jobbe-Duval
    Matthieu Jobbe-DuvalCo-founder

    Former Head of Financial Products at Dapper Labs and CoinList, Group PM at Coinbase and Head of Commodities Derivatives Trading at Barclays.

  • Brian Tubergen
    Brian TubergenCo-founder

    Co-founder of CoinList, Director of Product at AngelList and top computer science student at Princeton.

See Coinwatch Track in action

Write to us with the market makers you work with, and we will walk you through the dashboard.