Athenum Analytics

Real Yields and Crypto: How the 10-Year TIPS Yield Shapes Risk Appetite
The 10-year TIPS yield is the inflation-adjusted return on a safe asset, and it sets the opportunity cost for holding non-yielding crypto. Here is how to read real yields next to the market's own positioning data.

Bitcoin Dominance: What It Signals About Altcoin Risk
Bitcoin dominance is BTC's share of total crypto market cap. Here is what rising versus falling dominance tends to signal about altcoin risk, where the metric breaks down, and how to read it alongside derivatives positioning.

Stablecoin Exchange Flows: The Liquidity Signal That Often Moves Before Derivatives
Net stablecoin inflows to exchanges describe the deployable margin behind leveraged positions, a capacity signal that often registers before open interest and funding move.

How the US Dollar Index (DXY) Shapes Crypto Risk Appetite
The US Dollar Index is a financial-conditions backdrop for crypto, but the inverse correlation is regime-dependent and can invert. How to actually read DXY for a crypto view.

Options Skew and the 25-Delta Risk Reversal in Crypto, Explained
The 25-delta risk reversal is the implied-volatility gap between an out-of-the-money call and an out-of-the-money put at the same distance from spot.

Liquidation Heatmaps: How to Read Leverage Clusters (and Their Limits)
A liquidation heatmap estimates the price levels where leveraged positions would be force-closed, and shades them by how much size is stacked there: dark for thin, bright for dense.

Realized vs Implied Volatility in Crypto Options
Realized volatility is how much price actually moved in the past; implied volatility is how much the options market expects it to move in the future.

Open Interest vs Volume: What Each Signal Really Tells You
Volume counts how many contracts changed hands over a period and resets each day; open interest counts how many contracts are still open right now and carries over.

Free Coinglass Alternatives in 2026: An Honest Feature-by-Feature Comparison
The best free Coinglass alternative depends on what you actually need: Coinalyze and CoinAnk for funding and liquidation data, Velo for clean multi-exchange charts, and…

ETF Flows vs Funding Rate: What the Two Signals Say Together
Read spot ETF net flows and perpetual funding as a pair: when they agree, they confirm a move; when they split, they warn. ETF inflows with rising positive funding signal…

FOMC and Crypto: How Rate Decisions Move Funding and Open Interest
An FOMC decision moves crypto through positioning, not just price: open interest builds into the event, perpetual funding swings as leverage crowds one side, then the 14:00…

The Premium Index: How Perpetual Prices Stay Tethered to Spot
The premium index measures how far a perpetual trades from its spot index and feeds the funding rate. Here is how it is built, why it exists, and what a persistent premium signals.