Bitfinex Integrates Santiment (SAN) Crypto Metrics and Fundamental Indicators
Bitfinex, one of the world’s largest cryptocurrency exchanges, has announced that it has integrated Santiment’s on-chain, social and development data for 100+ different coins, including BTC, ETH, ERC-20 and more.
Santiment (SAN) is an ERC-20 project building a platform for advanced crypto analytics and a decentralized curation market for crypto-related research and market insights.
Their native coin, SAN, is currently used to provide access to various parts of their platform, including premium metrics and indicators, Santiment’s API, Spreadsheets add-in and more.
In the future, SAN is also planned to become the backbone of Santiment’s curation market, its community, and the platform’s internal economy.
Screenshot of the new ‘Santiment’ page for Ethereum on Bitfinex
From now on, each coin listed on Bitfinex will have a dedicated ‘Santiment’ page which will expand beyond price data, with the goal of offering a more comprehensive overview of each listed token.
The new ‘Santiment’ coin page will feature a bundle of on-chain, social and development indicators and charts, developed by Santiment over the last 2 years. Here’s the full list of Santiment metrics integrated to the Bitfinex platform:
- General Project Info – Market cap, circulating & total supply, ROI etc.
- Financial info – Treasury balances & wallet addresses
- Social metrics – Social volume and social word cloud for the observed coin
- Daily snapshot of Active Addresses
- Monthly snapshot of Development Activity
- Santiment Community Insights
Premium Metrics and Charts:
- Daily Active Addresses
- Network Growth
- On-chain Transaction Volume
- Token Age Consumed
- Token Circulation
- Token Velocity
- Exchange Flow Balance
- Daily Active Deposits
- MVRV ratio
- Relative Social Dominance (the share of coin mentions on crypto social media in a wider pool of 50+ most talked-about projects)
- Developer activity
Other than data points and charts, the page will also integrate a curated list of ‘Santiment Community Insights’, showing the latest market research and analysis about the selected token performed by the Santiment team and its vetted community members.
Bitfinex users can access the ‘Santiment’ page for any coin by clicking on the Santiment logo, which will now be found next to the price on the coin’s main trading page:
According to Santiment, this is big for its native coin. At the moment, SAN tokens are primarily used to gain access to different parts of the Santiment platform, including their advanced dashboards, API and the newly-released Spreadsheets plug-in. Now, SAN will also be used to unlock premium Santiment charts and indicators on Bitfinex.
Santiment’s CPO, Nemo Cerovac said this is only the first of many data integrations for the project:
“We hope this collaboration will serve as a valuable proof of concept, and a clear blueprint for dozens of similar future alliances with trading platforms, data providers and cryptocurrency exchanges.”
Santiment was launched in 2017, with their native SAN token currently just shy of the top 100 coins by market cap.