Messari

  • What it is:Messari is a market intelligence platform focused on the crypto economy, providing data, research, analytics, and tools for investors and professionals.
  • Best for:Serious crypto traders and analysts, Institutional investors and funds, Blockchain researchers
  • Pricing:Free tier available, paid plans from $29.99/month or $249/month (varies by source)
  • Rating:84/100Very Good
  • Expert's conclusion:Messari is the top destination for institutional investors and serious crypto professionals who want to make informed decisions about their investment strategy using the best available data, research and on-chain analytics
Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is Messari and What Does It Do?

The company provides market intelligence on the cryptocurrency and Web3 economy through data, research, analytics and other tools to support professionals as they navigate the cryptocurrency market with confidence. The company was established in 2018 and has developed a combination of qualitative and quantitative insights, as well as data visualization and asset discovery capabilities to assist in supporting the needs of investors, traders, developers, and institutions seeking transparency in their dealings with digital assets and DeFi.

Active
📍New York, NY
📅Founded 2018
🏢Private
TARGET SEGMENTS
Institutional InvestorsProfessional TradersWeb3 DevelopersCrypto Organizations

What Are Messari's Key Business Metrics?

📊
$61.25M
Total Funding Raised
🏢
1900
Employees
📊
300+
Assets/Protocals Covered
📊
2018
Founded
📊
Seed, Series A, Series B
Funding Rounds

How Credible and Trustworthy Is Messari?

84/100
Good

The company is a leading provider of cryptocurrency intelligence with significant funding from ventures and a high level of acceptance within the industry; however, employee count inconsistencies and the lack of clearly visible compliance certifications may have negatively impacted the score.

Product Maturity88/100
Company Stability85/100
Security & Compliance75/100
User Reviews80/100
Transparency90/100
Support Quality78/100
Series B funded ($61M+ total)Coverage of 300+ crypto protocols/assetsUsed by institutional investors and exchangesNamed Highflier in digital assets intelligence by CB Insights

What is the history of Messari and its key milestones?

2018

Company Founded

Messari was founded in New York City by a team of experienced professionals with backgrounds in finance, technology and analytics to provide crypto market intelligence.

2018

Seed Funding

Received $1M seed funding to establish a cryptocurrency research and data platform.

2019

Additional Funding

Received $4M to enhance market intelligence capabilities.

2021

Series A Funding

Received $21M Series A Funding to scale its operations and product development.

2023

Series B Funding

Received $35M Series B Funding which raised its total funding to $61.25M and reached the Series B stage.

What Are the Key Features of Messari?

Crypto Asset Research Database
Provides an extensive global research database that covers cryptocurrency projects, protocols and market intelligence.
Real-time Data & Analytics
Has advanced data visualization and quantitative analytical capabilities to enable users to monitor the real time cryptocurrency market.
Asset Discovery Tools
Empowers users to discover and analyze new and emerging cryptocurrency assets utilizing powerful discovery capabilities.
📊
Messari Enterprise Platform
Has an enterprise solution that includes asset intelligence reports, intel feeds, governor feeds and a research library for institutional use.
Protocol Event Monitoring
Offers instant updates and detailed analysis of major events across 300+ protocols.
Market Intelligence Reports
Combines in depth qualitative research with quantitative metrics to empower users with data-driven decision making.

What Technology Stack and Infrastructure Does Messari Use?

Infrastructure

AWS with Kubernetes orchestration

Technologies

Next.jsGraphQLKubernetesCircleCIGitHub

Integrations

AWSHubSpotGoogle AnalyticsFigmaSlack

AI/ML Capabilities

Advanced analytics platform focused on cryptocurrency and blockchain data processing

Technology stack from BuiltIn NYC company profile; crypto analytics focus from product descriptions

What Are the Best Use Cases for Messari?

Institutional Crypto Investors
Enables access to comprehensive research, real-time data and analytics to cover 300+ assets to support portfolio decisions and risk assessment.
Professional Crypto Traders
Allows users to utilize advanced data visualization and quantitative metrics to conduct real-time market analysis and optimize their trading strategies.
Web3 Developers & Builders
Utilize asset discovery tools and protocol intelligence to discover opportunities, and to understand how your competitors have positioned their businesses.
Crypto Exchanges
An enterprise platform provides intel feeds, and a research library for making listing decisions, and for monitoring compliance, and for analyzing customers.
NOT FORRetail Day Traders
The Pro version is designed for professionals and has better data compared to other versions that are offered at no cost and contain only basic cryptocurrency data.
NOT FORTraditional Finance Institutions
Depending upon the level of specialization within an organization, crypto-focused platforms may need to be interpreted differently than others.

How Much Does Messari Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
Service$CostDetails🔗Source
Free$0Basic crypto data, limited research reports, quarterly reports, 1 watchlist, limited charts/screener, daily newsletter
Messari Pro$29.99/month or $249/month (varies by source)Advanced analytics, full access to research reports, governance tracker, news aggregator, advanced screener, custom watchlists, fundraising datacryptoadventure.com, binance.com
Messari EnterpriseCustom quote ($3,750–$5,000/year)Institutional data feeds, API access, premium support, real-time monitoring, unlimited alerts, diligence reports, exclusive research, CSV exports, Market Data APIsasksurf.ai, binance.com
Free$0
Basic crypto data, limited research reports, quarterly reports, 1 watchlist, limited charts/screener, daily newsletter
Messari Pro$29.99/month or $249/month (varies by source)
Advanced analytics, full access to research reports, governance tracker, news aggregator, advanced screener, custom watchlists, fundraising data
cryptoadventure.com, binance.com
Messari EnterpriseCustom quote ($3,750–$5,000/year)
Institutional data feeds, API access, premium support, real-time monitoring, unlimited alerts, diligence reports, exclusive research, CSV exports, Market Data APIs
asksurf.ai, binance.com

How Does Messari Compare to Competitors?

FeatureMessariGlassnodeCoinMetricsCryptoQuant
Market IntelligenceYesYesYesYes
Institutional-Grade ResearchYesNoYesNo
On-Chain AnalyticsYesYesYesYes
Starting Price$0 (Free tier)$29/mo$Custom$Custom
Free TierYesNoNoLimited
Enterprise FeaturesYes (API, alerts)YesYesYes
API AvailabilityEnterpriseYesYesYes
Integration CountHigh (funds, exchanges)HighHighHigh
Support OptionsPremium (Enterprise)PremiumPremiumPremium
Security CertificationsYesYesYes
Market Intelligence
MessariYes
GlassnodeYes
CoinMetricsYes
CryptoQuantYes
Institutional-Grade Research
MessariYes
GlassnodeNo
CoinMetricsYes
CryptoQuantNo
On-Chain Analytics
MessariYes
GlassnodeYes
CoinMetricsYes
CryptoQuantYes
Starting Price
Messari$0 (Free tier)
Glassnode$29/mo
CoinMetrics$Custom
CryptoQuant$Custom
Free Tier
MessariYes
GlassnodeNo
CoinMetricsNo
CryptoQuantLimited
Enterprise Features
MessariYes (API, alerts)
GlassnodeYes
CoinMetricsYes
CryptoQuantYes
API Availability
MessariEnterprise
GlassnodeYes
CoinMetricsYes
CryptoQuantYes
Integration Count
MessariHigh (funds, exchanges)
GlassnodeHigh
CoinMetricsHigh
CryptoQuantHigh
Support Options
MessariPremium (Enterprise)
GlassnodePremium
CoinMetricsPremium
CryptoQuantPremium
Security Certifications
Messari
GlassnodeYes
CoinMetricsYes
CryptoQuantYes

How Does Messari Compare to Competitors?

vs Glassnode

Messari excels in providing institutional-quality research and comprehensive reports in comparison to Glassnode which provides primarily on-chain data. Additionally, Messari also offers a free tier whereas Glassnode is premium only and has comparable pricing positioning.

Messari would be the best option for research-intensive users and Glassnode would be best for pure on-chain data experts.

vs CoinMetrics

While both institutions offer high quality research and data, Messari is focused specifically on providing crypto intelligence, as well as governance tracking, whereas CoinMetrics has broader market reach into the traditional finance world, however Messari is native to the crypto world.

Messari would be best for users who want to gain insights into DeFi/DAOs, whereas CoinMetrics would be best for those seeking enterprise-grade network data.

vs CryptoQuant

In addition to offering quantitative data, Messari also provides more qualitative research, whereas CryptoQuant is primarily focused on exchange flow and whale tracking. Furthermore, Messari's Pro plan has a lower price point than CryptoQuant's institutional focus.

Users who prefer a holistic analysis of their portfolios would be best served by Messari, whereas those who prioritize trading signals would be best served by CryptoQuant.

vs Token Terminal

Messari provides market intelligence including research reports in a more broad sense, whereas Token Terminal is primarily focused on protocol fundamentals such as TVL (total value locked) and revenue. Messari also offers a free tier, whereas Token Terminal offers a freemium model.

Users who want full suite intel of all types would be best served by Messari, whereas those who are interested in protocol financial metrics would be best served by Token Terminal.

What are the strengths and limitations of Messari?

Pros

  • Provides industry leading research and analysis — best in class
  • Trusted by funds and professionals, this institution offers high-quality institutional grade data — institutional-grade
  • Portfolio tools — allows for custom watchlists and alerts — comprehensive
  • Allows for powerful API access — for developers and trading integrations
  • Offers free tier — for casual users and basic data
  • Very broad coverage — thousands of different assets (DeFi, NFTs), Layer-1 and Layer-2
  • Tracking governance — DAO proposals and on-chain data

Cons

  • Pay-to-view premium features — you have to be a Pro/Enterprise user to get access to all the features
  • Not for beginners — intended for professionals and analysts
  • Pricing information inconsistent — different prices are listed by different sources ($29-$249/month)
  • Limited coverage of smaller alt coins — concentrates on major assets
  • Custom pricing for large enterprises — difficult for institutions to determine costs
  • No mobile app available — web-based product
  • Subscription dependent — you never own the data permanently

Who Is Messari Best For?

Best For

  • Serious crypto traders and analystsAdvanced analytics, screening, and research reports — help users find opportunities
  • Institutional investors and fundsInstitutional grade enterprise data feeds, API, due diligence reports, and real time monitoring
  • Blockchain researchersIn depth reports on tokenomics, governance, regulatory — provide an additional layer of research
  • DeFi and DAO participantsOn chain analytics, whale tracking, protocol — provides another layer of insight
  • Compliance and builder teamsProvide market intelligence — to help navigate the complexities of the crypto ecosystem

Not Suitable For

  • Casual retail investorsToo much for simple price checks — use CoinGecko or CoinMarketCap instead
  • Complete beginnersToo complex and focused on professionals — try using some other apps before this one
  • Budget-conscious small tradersProfessional features cost money — stay with the free options like Dune Analytics
  • High-frequency tradersResearch based rather than real time trading based — consider trading API's from exchanges

Are There Usage Limits or Geographic Restrictions for Messari?

Free Tier Limits
Basic data only, limited reports, 1 watchlist, limited charts/screener
Pro Tier Limits
Full research access but no API; pricing varies $29-$249/month
Enterprise API Limits
Custom rate limits based on plan; real-time feeds for 500+ assets
Asset Coverage
Thousands of cryptocurrencies; smaller altcoins have limited data
Data Export
CSV exports available in Enterprise only
Alerts
Unlimited in Enterprise; limited in lower tiers
History Retention
Historical data via API (Enterprise); basic in free/Pro
Geographic Availability
Global access; potential restrictions in sanctioned regions

Is Messari Secure and Compliant?

Institutional-Grade Data SecurityTrusted by funds and enterprises; enterprise-level data feeds with premium support.
API SecuritySecure data integration for real-time price feeds and on-chain analytics.
Data ProtectionHandles sensitive crypto portfolio and whale activity data securely.
Compliance SupportRegulatory analysis and compliance updates included in research reports.
Access ControlTiered access with Enterprise features like diligence reports and custom alerts.
Infrastructure ReliabilityHigh-frequency data updates and real-time monitoring capabilities.

What Customer Support Options Does Messari Offer?

Channels
Comprehensive online documentation available
Support Limitations
Limited public information on support channels and response times
Support details vary by subscription tier but specifics not publicly detailed

What APIs and Integrations Does Messari Support?

API Type
REST API with powerful data integration capabilities
Authentication
API Key-based authentication
Data Access
Real-time crypto price feeds, on-chain analytics, token data, and historical blockchain data
Use Cases
Integration for traders, funds, exchanges, and developers requiring real-time crypto data and on-chain metrics
Performance
Real-time volume-weighted average price (VWAP) calculations based on thousands of trades per second
Historical Data
Exhaustive historical data dating back to the dawn of Bitcoin

What Are Common Questions About Messari?

Messari is a crypto data and analytics company providing real-time market data, institutional-quality research reports, on-chain analytics, and portfolio tracking tools for investors, traders, and institutions.

Messari offers a wide range of real-time and historical data regarding price movement, volume, market cap, liquidity, token data, blockchain activity, DeFi analytics, and on-chain data for thousands of different cryptocurrencies.

Messari is most suitable for serious crypto traders, institutional investors, hedge funds, blockchain researchers, and other professionals who want to use data driven research and institutional quality on-chain analytics to inform their investment decisions.

Messari has a broad view of many different blockchain systems, including Bitcoin, Ethereum, Binance Coin, Solana, Cardano, Polkadot, DeFi protocols, DAOs, stablecoins, and continually adding new projects in areas such as NFTs, the Metaverse, and Layer-2 solutions.

Yes, Messari provides personal portfolios with custom watch lists, real time performance, price alerts, volatility notifications, and DeFi, NFTs, and Layer token sector analysis.

Messari’s Governance Tracker allows users to follow decentralized autonomous organizations (DAOs) and DeFi protocols, which allow users to track proposals, whale activity, network fees, transaction volume and decentralized project health.

Messari provides various tiers of access with premium access requiring a paid subscription. Messari is primarily for professionals and institutional investors, not casual cryptocurrency traders.

Messari receives cryptocurrency price data from thousands of trades every second via its partners Kaiko and Gemini, as well as Messari's own on-chain integration with The Graph; providing Messari with extensive historic price data since Bitcoin was created.

Is Messari Worth It?

Messari is a very complex, high-end, platform that provides a complete suite of services and tools that provide institutional grade level market intelligence and research related to cryptocurrency markets. Messari’s strength lies in high-quality data, on-chain analysis, and governance tracking. Messari is an essential resource for serious investors and professionals. Due to Messari’s high-end cost, and complexity, Messari may be too advanced for casual traders or those new to trading cryptocurrencies.

Recommended For

  • Institutional investors and hedge fund managers who need professional level data.
  • Cryptocurrency traders and analysts who are looking to use data driven decision-making in their investment process.
  • Blockchain researchers and developers who require insight into the on-chain metrics of the ecosystem.
  • Portfolio managers that are seeking to track governance and DeFi opportunities.
  • Regulatory compliance officers who need to monitor regulatory changes.

!
Use With Caution

  • Smaller altcoin investors -- gaps in Messari's coverage of smaller, lesser known tokens.
  • For budget-conscious traders — premium features require paid subscription
  • For organizations requiring special assistance — support specifics are not well-advertised

Not Recommended For

  • For casual crypto enthusiast — too complicated for recreational investors
  • For beginners — has a steep learning curve for those without crypto experience
  • For teams requiring 24/7 support — the support options are not clearly positioned
Expert's Conclusion

Messari is the top destination for institutional investors and serious crypto professionals who want to make informed decisions about their investment strategy using the best available data, research and on-chain analytics

Best For
Institutional investors and hedge fund managers who need professional level data.Cryptocurrency traders and analysts who are looking to use data driven decision-making in their investment process.Blockchain researchers and developers who require insight into the on-chain metrics of the ecosystem.

What do expert reviews and research say about Messari?

Key Findings

Messari is a leading crypto research and analytical firm founded in 2018 which provides real-time market data based upon thousands of trades per second, institutional quality research reports, on-chain analytics, governance tracking, and API integrations for professional traders and institutions. In addition to collecting data automatically, Messari's platform provides qualitative research from global analysts, thus making it possible to provide data through sophisticated tools that can be used uniformly. Messari believes that accurate and reliable data is mission critical, and supports informed decision-making across the entire crypto space

Data Quality

Excellent — comprehensive public information from official website, platform documentation, and multiple technical case studies. Data pipeline and infrastructure details published in technical articles. API and feature capabilities well-documented.

Risk Factors

!
Some smaller alternative coins may have limited or incomplete coverage
!
Premium features will require a paid subscription to access, limiting access
!
Limited public information on customer support channels and Service Level Agreements
!
Platform is designed for professionals and is not user friendly for beginners
Last updated: February 2026

What Additional Information Is Available for Messari?

Founder & Mission

Messari was founded in 2018 with a goal to make the crypto economy accessible to all by providing high-quality, standardized data that will lower the barriers to investing in crypto assets

Open Data Library

Messari provides access to an open data library to provide standardized data using sophisticated tools such as subgraphs and substreams. These tools allow developers and analysts to spend less time working with raw data and more time analyzing and developing

Data Infrastructure

Messari has improved its time series data management by switching to TimescaleDB instead of InfluxDB, which resulted in a ~40 ms improvement in querying. The company's data ingestion pipeline and processing capabilities support very large amounts of data and provide critical data services for both real-time and historical queries.

Enterprise Capabilities

Messari is relied upon as an enterprise-grade source of data by institutional investors and fund managers, who require robust access to their data, governance tracking, and APIs. The company provides the data infrastructure needed by these entities to help them optimize their trading strategies and mitigate risks associated with their investments.

Advanced Analytics Tools

Messari is also used by clients to evaluate various aspects of multiple asset classes using advanced screening tools that allow users to view numerous metrics for each asset class. Clients may create customized watch lists, review detailed project information, evaluate exchange data, assess fundraising efforts, and track the governance of decentralized autonomous organizations (DAO).

Blockchain Network Coverage

Messari continually increases its coverage of blockchain ecosystems and evaluates the "health" of networks based on metrics such as whale activity, transaction volume, fees paid, and the number of governance proposals submitted. Additionally, the company continually adds new projects and industries (e.g., NFTs, Metaverse, Layer-2 solutions) to the platform.

What Are the Best Alternatives to Messari?

  • CoinMarketCap: A popular platform for viewing cryptocurrency data including price, market capitalization, and project information for over 5,000 digital currencies. Although it has a lower barrier to entry for casual users due to a free tier, Messari has a much more institutional grade of research and analysis. The best use case for this platform is for casual users to monitor markets and prices. (coinmarketcap.com)
  • Glassnode: A specialized analytics platform that focuses on on-chain data and analytics with high-level blockchain metrics and network intelligence. Glassnode provides superior on-chain data and whale tracking; however, it has a much narrower focus than Messari. The best use case for Glassnode is for traders who want to analyze specific types of on-chain data and network metrics. (glassnode.com)
  • CryptoQuant: An on-chain data and analytics platform with a variety of advanced metrics and trading signals. CryptoQuant excels at providing technical analysis and on-chain indicators; however, it does not have as broad a range of research coverage as Messari. The best use case for CryptoQuant is for traders who are using on-chain signals to make trading decisions. (cryptoquant.com)
  • The Block: A crypto research & intelligence platform providing industry reports, institutional-grade data and market insights. While it offers competitive research quality, it has a lower emphasis on technical metrics and on-chain analytics. Best suited for analyzing strategic market trends & industry. (theblock.co)
  • CoinMetrics: An enterprise level blockchain data platform that is focused on institutional level metrics and market intelligence. The strong institutional positioning of this platform provides its users with institutional API access; however, the cost associated with accessing this platform will be higher. Best for larger institutions that need to verify their institutional grade data. (coinmetrics.io)
  • DeFi Pulse: A DeFi focused analytics platform that tracks the total value locked in DeFi protocols as well as the metrics related to each individual protocol. This platform is best suited for those who are interested in monitoring the DeFi ecosystem and tracking the health of each protocol, as well as the specific metrics related to the tokens they hold. (defipulse.com)

Data Coverage

Thousands
Assets Tracked
Major networks
Blockchains Supported
Since Bitcoin genesis
Historical Data
Thousands per second
Real-time Metrics

What Supported Blockchains Does Messari Support?

BitcoinEthereumSolanaBinance CoinCardanoPolkadot

Data Types

Market Data

Prices, volumes, market cap, liquidity, VWAP

On-Chain Metrics

Transaction volumes, active addresses, whale activity

DeFi Analytics

Protocol metrics, TVL, governance proposals

Tokenomics

Project fundamentals, token unlocks

Research Reports

Sector analysis, regulatory insights

Governance Tracking

DAO proposals, voting activity

Research Output

Report Types
In-depth project reports, sector deep dives, regulatory analysis, investor insights
Research Team
Global team of analysts
Report Frequency
Continuous updates with qualitative research
Protocols Covered
Thousands of crypto assets and projects
Sectors
DeFi, NFTs, Layer-1/Layer-2, Infrastructure, Governance

What Delivery Methods Does Messari Support?

REST API
WebSocket Streaming
Web Dashboard
Portfolio Tracking
Historical Data Export
Custom Watchlists

Institutional Certifications

Institutional-Grade Data
API for Enterprises
SOC 2 Type II
Real-time Data Integrity
Trusted by Funds

Platform Comparison

FeatureMessariGlassnodeNansenCoinMetrics
Assets CoveredThousands500+1,000+Comprehensive
Research ReportsIn-depthLimitedYesYes
Governance TrackingYesNoLimitedNo
API AccessEnterprisePro+Pro+Enterprise
Portfolio ToolsYesLimitedYesNo

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