Major Changes in the Exchange Ranking
How Messari Built the Leading Crypto Information Aggregator Powered by Kaiko.
THE BACKGROUND
Messari is one of the biggest names in crypto as an aggregator of information, data, and research. With hundreds of thousands of visitors a month, their website provides one of the most extensive data platforms for charting and advanced metrics for crypto assets, offering both a free tier and paid subscriptions.
By outsourcing data management to Kaiko, they have been able to build out their product exponentially while ensuring that the backbone of their website—historical and live cryptocurrency market data—is of the highest quality and reliability.
By integrating with Kaiko’s REST API, Messari is able to leverage nearly every type of market data for use in a vast array of derived metrics and charting tools, including trade data, OHLCV candlesticks, and price rates. Additionally, Kaiko’s data is available through Messari’s API.
Customer Challenge: A Reliable Data Backbone
Accessing huge amounts of data is no simple task, especially for companies whose core business is not enterprise data management. To build charting and analytics tools for hundreds of crypto-assets, you need to connect to thousands of data feeds, which are distributed across dozens of exchanges. No two cryptocurrency exchanges are alike, which makes normalizing, cleaning, and aggregating data feeds an extremely time-consuming process.
Messari needed a reliable data solution to serve as the backbone to their derived analytics, charting, and screener tools, which would allow them to develop new features without having to worry about the basics.
Ryan Selkis, CEO of Messari
“We needed someone with comprehensive global exchange coverage, deep historical data, and a reliable API. As a visible brand in the crypto space, we can’t afford breakages in our real-time API.”
The Solution: Kaiko Level 1 & Level 2 Data
Access to 10+ years of historical data, real-time data feeds, and a suite of aggregated and tick-level market data—all from a single API—has enabled Messari to build one of the most advanced charting and analytics platforms in the industry.
Their charting tool and screener tool allows users to add custom analytics to 900+ asset prices, at a range of granularities.
By outsourcing data management to Kaiko, Messari ensures that they have the developer resources to build any set of features, data visualizations, and derived metrics, leveraging high-quality market data.
“Kaiko was in a league of its own with respect to historical data, granularity, and reliability. They’ve also got one of the best and most collaborative teams that we’ve worked with.”
Ryan Selkis, CEO of Messari
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