Coinigy's website publishes four different exchange counts, and two of them sit in the same document. Every number below was read on 2026-10-06, and read the hard way: coinigy.com serves a single-page-application shell to a plain fetch, so the counts come from a rendered load of its own pages, and the help center numbers come from the full text of all 307 of its articles pulled through the anonymous Zendesk Help Center API. Nothing here is taken from a landing-page adjective. Where Coinigy's public surfaces do not document something, this page says they do not document it, and never that the product cannot do it, because the account-gated product was deliberately not opened.
Does Coinigy replace a cross-venue derivatives dashboard?
No, and the reason is architectural rather than a question of quality. Coinigy is organized around your accounts: you attach API keys from the venues you already trade on, and it turns those accounts into one screen you can chart, trade and reconcile balances from. A cross-venue derivatives view is organized around the venues: it reads the public state of the same instrument on several boards at once and asks you for nothing. Both products touch exchange data, and Coinigy runs a market data feed of its own, so the dividing line is not who can see a venue. It is what the product is built to output, and what it needs from you before it can output anything. If the question is what you hold and what it is worth across five exchanges, only the key-connected product can answer it. If the question is where funding, open interest and resting depth sit across the market before you take a position, the answer has to come from somewhere that reads every venue whether or not you have an account there, and Coinigy's public surfaces document four derivatives venues and no derivatives metrics at all.
Four exchange counts on one website
This part needs no judgement call, only counting.
The persistent header on every Coinigy page reads "39 Exchanges". The body copy on the Available Exchanges page says Coinigy "supports over 45 crypto exchanges to make it easy for you to manage your crypto portfolio all in one place", and the homepage repeats it as "Connect with 45+ exchanges". Its historical-data page advertises "2,500+ Markets Available Across 50+ Cryptocurrency Exchanges". And the paginator at the foot of the Available Exchanges list, with rows per page set to 50, reads "1-38 of 38". Thirty-nine in the chrome, more than forty-five in the copy, more than fifty on the data page, thirty-eight when you count the rows. The enumerable number is the smallest one, and it is the only one with names attached.
Filter that enumerated list to Derivatives and it reads "1-4 of 4": Binance Futures, Deribit, BitMEX and FTX International, in that order. The fourth stopped trading in November 2022. The wider list of 38 still carries Coinbase Pro under its retired GDAX code, along with Huobi Pro, OKEX, Yobit, Poloniex, HitBTC and OKCoin Futures, several of them under names their venues no longer use. The per-venue capability columns on that page are exactly three: Charting, Balance monitoring, Trading. There is no market-data column in the table at all, which fits a product whose job is your account rather than the market's state. Filter the same list to DeFi and it returns "No matching exchanges for your search", 0 of 0, while the markets page advertises trading and tracking across "the spot, Defi and derivatives crypto markets".
What 307 help center articles document, and what they do not
The body text of every article in Coinigy's public help center was pulled and substring-scanned, all 307 of them. Body-hit counts: "funding rate" 0, "funding rates" 0, "open interest" 0, "heatmap" 0, "heat map" 0, "liquidation heatmap" 0, "long short ratio" 0, "cumulative volume delta" 0, "cvd" 0, "footprint" 0, "perpetual" 0. For contrast, inside the same corpus: "order book" 4, "depth chart" 1, "arbmatrix" 3, "liquidation" 1, and the single liquidation hit is a glossary definition rather than a feature.
The scan was checked against a known positive before its zeros were trusted. One article is titled "Perpetual Contracts", and its body is one definition sentence, "A derivative that is similar to a futures contract but without an expiry date", followed by a boilerplate marketing line. The scan returns zero body hits for "perpetual" and still finds that title, so it is not quietly failing on the term.
State the result exactly. Derivatives market data is not documented anywhere in Coinigy's 307-article help center or on its pricing page. That is a measurement of the documentation, which is the only surface an outsider can honestly measure.
The product surface carries one date and the marketing surface carries another
A fair reading has to separate two things that are easy to conflate, because one of them is busy and the other is not.
The news surface is alive. insights.coinigy.com publishes a market roundup on roughly a weekly cadence and its newest item is dated 2026-10-05, the day before this was written.
The product surface reads differently, and all four of these were checked separately. The release-note archive holds 145 posts whose newest entry is "Coinigy Mobile App Update - Version 0.5.37" from 2025-03-06, with the newest web release note, "Coinigy UI v2.50.0", dated 2024-12-17. Apple's public lookup API independently returns the iOS app at that same version 0.5.37 with a release date of 2025-03-05. The help center's 307 articles have a most-recent update of 2025-09-24 and not one has been edited in 2026. status.coinigy.com does not resolve at all. Two things that look like neglect and are not, stated so the picture stays honest: the conventional robots.txt and sitemap.xml paths both return 404, but a sitemap of 2,326 URLs is served at a non-standard path and declared in the page head, and the marketing site footer renders a 2025 copyright while the logged-in app renders 2026.
So the accurate claim is narrow, and it is not that the company is dormant. The content marketing is active; the shipped product is where the dates are old, 22 months on the web release notes and 19 on mobile, with no help-center edit in 2026. A mature tool can go quiet because it already does what it was built to do, and Coinigy has been running since 2014. It does mean anyone choosing it for a roadmap rather than for today's feature set has very little public record to choose on, which is worth knowing before you route exchange API keys through anything.
The two products next to each other
| The question you are asking | Coinigy | Athenum |
|---|---|---|
| What the product is organized around | Your accounts on several venues | The venues themselves, read publicly |
| What it needs from you to start | API keys from each exchange you trade | Nothing; sign up with email or a wallet, no API keys |
| Can it place an order | Yes, on every connected venue, with no added fee | No, it is a data and analytics view |
| Portfolio and wallet balances | Yes, aggregated across connected accounts | No, it never sees your accounts |
| Order book | The native book for your venue and pair | Resting depth compared across venues |
| Funding rates and open interest | Not documented in the help center or on the pricing page | A core surface, per symbol and per venue |
| Liquidation clustering | Not documented; the one mention is a glossary entry | Modelled from public data |
| On-chain analytics | Not documented as a feature; the DeFi exchange filter returns 0 of 0 | None, and we say so rather than imply otherwise |
| Enumerable exchange coverage | 38 rows listed, 4 of them under the Derivatives filter | The derivatives venues we cover, in one normalized feed |
| Cross-exchange spreads | ArbMatrix, a bid and ask spread matrix | Read from the same per-venue grid |
| Alerts | Server-side price, volume and trade alerts by email, SMS and push, plus a private WebSocket account channel | Terminal surface, no SMS |
| Free entry point | Starter tier at no cost, trading included | 37 free calculators with no account, plus a 7 day Pro+ trial |
| Mobile | Native iOS and Android apps | Web terminal |
What Coinigy is unambiguously better at
It executes. Order entry across every venue you have connected, with no markup, and that sits on the free tier. No market-data product does this, and the ones that claim to are usually reselling a broker.
It knows what you own. Portfolio and wallet totals across all connected accounts, with currency and exchange distribution breakdowns. A product that never asks for your keys cannot answer that question and should not imply it can.
ArbMatrix is a genuinely useful object: a cross-exchange spread matrix with bid, ask and inverse spread, sitting next to the order entry that would act on it.
Alerting is a live surface rather than a legacy one. Server-side price, volume and trade alerts over email, SMS and mobile push, plus a private WebSocket channel for account events, and the alert articles are among the most recently maintained in the help center.
Breadth and history are real assets, and Coinigy undersells them. A help-center article last updated 2025-03-24 claims "more than 8,000 tracked markets spanning spot, DeFi, and crypto derivatives" and a dataset that "spans nearly a decade". Its own live counter today reads "21,296 Markets", and the earliest start date on its historical-data page is 2014-02-18, which is 12.6 years rather than nearly ten. That archive, which it also sells as a feed, is a genuine moat and not something a derivatives terminal replaces.
Who each product is for
Pricing, from a rendered load of the pricing page on 2026-10-06: a Starter tier whose cell reads "Free" and "7-day trial", a Pro Trader tier at 18.66 dollars a month and an API Dev Pro tier at 99.99 dollars a month. One caveat on those two figures, because the page does not give one: it discloses no billing term, and Coinigy's own refund policy confirms sign-up on a monthly, quarterly, semi-annual or annual basis, so month to month may well cost more than the headline. Starter carries six rows in that matrix: attaching your exchange accounts for unlimited no-added-fee trading, HD charting with 75 or more technical indicators, round the clock portfolio monitoring, round the clock security and stability, mobile app access and email support. The paid tiers add unlimited API accounts and chart layouts, advanced order types, unlimited session length, priority support and CryptoFeed and Enterprise API access. Note also that the homepage says you can "stay 'free forever' and never spend a satoshi unless you choose to upgrade", which is not quite what the pricing page's own 7-day-trial cell says.
Our own numbers, read the same day and stated with the same precision. The tools page carries its count in its own words: "All 37 tools are completely free with no account creation, no email capture, and no usage limits", and that count was verified rather than quoted, by counting 37 distinct calculator pages on the page itself. The terminal is a separate product with its own limits. Its free tier, named Agora on our pricing cards, grants terminal access to one analytics domain with delayed data and no real-time entitlement, one venue per feature and up to 24 hours of history; real-time data, more venues and deeper history begin on the paid tiers, and the 7 day Pro+ trial needs no card.
Which one you want follows from whose numbers you need. Coinigy is for the trader whose problem is spread across accounts: five venues, five balances, five order forms, one screen, and keys you are willing to attach. A cross-venue derivatives view is for the question asked before the position exists, where the thing being compared is the venues and no account exists anywhere yet. Those are different problems and a lot of desks pay for both, which usually costs less than waiting for either vendor to grow into the other.
Athenum's open interest view, venue by venue runs that second question through on a single instrument, if you want to see the shape of it.