Glassnode
Best for documentation-led evaluation
How it rates
- Service reachable without an account
- Documentation or FAQ published
- Terms not found at a conventional public address
- Corporate entity not established from public sources
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Met
- Not metTerms and conditions published
Not found at a conventional address at this check.
- Met
- PartialOperator identifiable from published material
Service published under its own domain; corporate entity not established at this check.
glassnode.com/ - PartialNo custody of user funds claimed in this assessment
Custody arrangements are not verifiable from the desk and are not scored.
glassnode.com/
- Met
- Met
- PartialRates displayed publicly
Page reachable; specific rates not captured at this check.
docs.glassnode.com/ - Not metTerms describe charges
Not found at this check.
- Met
- Met
- Met
- Not metTerms published
Not found.
- Met
- Not metOperator entity disclosed
Not established from public sources at this check.
- Met
- Not metTerms documentation published
Not found.
- Met
- Not metCorporate entity identifiable
Not established from public sources at this check.
- Not metRegulatory status published
Not established from public sources at this check.
- Met
- Met
- Not metTerms reachable
Not found.
- Met
- Met
An on-chain analytics platform focused on market structure — holder cohorts, realised metrics and supply dynamics — with a free weekly research newsletter.
Our assessment
Glassnode is the established source for on-chain market structure: how much supply has not moved in years, what the average holder paid, which cohorts are selling into strength. Its free weekly newsletter is one of the few genuinely useful free research products in the sector.
What on-chain market structure actually tells you
Price tells you what the last trade was. Metrics like realised price, coin-days destroyed and long-term holder supply tell you about the positions behind it — who is in profit, who has held through what, and where cost bases cluster. That is context a chart cannot provide, and it is most informative on Bitcoin, where the data is cleanest.
Its limits are worth stating
On-chain metrics are lagging and probabilistic. Exchange-held coins muddy cohort attribution, wrapped and bridged assets distort supply figures, and every metric that became widely watched has since been front-run or gamed. These are analytical inputs, not signals, and anyone treating a single indicator as a trade trigger will be taught this expensively.
Pricing and access
A free tier and the weekly newsletter cover a substantial amount; the deeper metrics sit behind paid tiers. Eight of our indicators found no pricing documentation or terms retrievable at conventional addresses, which is the standard failure across this category.
Who it suits
Glassnode fits investors taking positions over months who want to understand supply and holder behaviour rather than momentum. Traders needing exchange flows and positioning should compare CryptoQuant; those needing wallet-level attribution, Nansen or Arkham.
Frequently asked
Does this score mean Glassnode is trustworthy?
No. It measures what is published and reachable before use: the service, its terms and its documentation. Custody, routing and corporate structure are not tested by us.
Why do all providers score zero on corporate entity?
Because this class of service rarely publishes it. The indicator is identical for every provider in the category, so the comparison stays fair.
Are rates or spreads compared here?
No. Verifying quoted rates requires live transactions, which we do not perform. The rubric covers disclosure, not execution.