Transfer Value

Contents

Xfer'd Val, Adj

Definition

The sum of native units or USD transferred that interval removing noise and certain artifacts. Also known as Adjusted Transfer Value.

NameMetricIDUnitInterval

Xfer'd Val, Adj (native units)

TxTfrValAdjNtv

Native units

1 day

Xfer'd Val, Adj (USD)

TxTfrValAdjUSD

USD

1 day

Details

  • For UTXO chains, the heuristics used are:

    • Early spend: outputs spent one hour or less after being created are not counted

    • Round numbers: if one output has much more precision than the other outputs in the same transaction, it’s not counted. For example, if a transaction creates 2 outputs, one of 1.00000000 BTC and one of 0.2561278 BTC, the second one would not be counted.

    • Self churn: outputs that have the same address as any of the inputs addresses are discounted

    • Also removed are cold wallet shuffles (when an exchange changes their cold wallet addresses) and other artifacts such as noise generated by early Bitcoin applications like Satoshi Dice

  • For account chains, this metric is computed as the sum number of native units received by accounts, whose net balance did change in that hour.

Asset-Specific Details

  • For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Example

  • If in the same hour:

    • ** Account A sends 50 units to B

    • ** Account C sends 50 units to A

    • ** Account B sends 50 units to E

    • ** Account D sends 49 units to B

  • Then:

    • ** Account A has a net balance change of 0, received 50

    • ** Account B has a net balance change of -1, received 99

    • ** Account C has a net balance change of -50, received 0

    • ** Account D has a net balance change of -49, received 0

    • ** Account E has a net balance change of +50, received 50

  • *** Unadjusted volume is 199

  • *** Adjusted volume is 149 (B: 99, E: 50)

Release History

  • Released in the 1.0 release of NDP

Availability for Assets

Xfer'd by Contract Calls

Definition

The sum of all native units or USD transferred by contract calls on that interval. A contract call is the invocation of a contract’s code by another contract or non-contract address. Only successful calls are considered.

NameMetricIDUnitInterval

Xfer'd by Contract Calls (native units)

TxTfrValContCallNtv

Native units

1 day

Xfer'd by Contract Calls (USD)

TxTfrValContCallUSD

Native units

1 day

Details

  • TxTrfValContCallNtv is computed as TxTfrValAdjNtv / BlkSizeByte

  • TxTrfValContCallUSD is computed as TxTfrValAdjUSD / BlkSizeByte

  • This metric estimates the economical density of an asset.

Asset Specific Details

  • For SOL this metric measures the value transferred by instructions which sent value to program-derived accounts. Excludes vote accounts and externally-owned accounts.

Release History

  • Released in the 4.2 release of NDP

Availability for Assets

Xfer'd Days Destroyed

Definitions

The sum of all native units transferred that interval multiplied by the sum of days since those native units were last transferred.

NameMetricIDUnitInterval

Xfer'd Days Destroyed

TxTfrValDayDst

Dimensionless

1 day, 1 block

Details

  • Days destroyed is a measure of time * money.

  • When an unspent output is spent, the time it stayed unspent (in days) is multiplied by its value, this metric measures the sum of these coin days spent in a given day.

  • Only full days are taken into account (2.5 days count as 2 days)

Asset-Specific Details

  • Only available for UTXO chains.

  • For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

  • Released in the 1.0 release of NDP

Availability for Assets

Mean Xfer'd Days Destroyed

Definition

The mean per transaction of the sum of all native units transferred multiplied by the sum of days since those native units were last transferred that interval.

NameMetricIDUnitInterval

Mean Xfer'd Days Destroyed

TxTfrValDayDstMean

Dimensionless

1 day

Details

  • Computed as TxTfrValDayDst / TxCnt

Asset-Specific Details

  • Only available for UTXO chains

  • For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

  • Released in the 1.0 release of NDP

Availability for Assets

Mean Tx Size

Definition

The sum value of native units or USD transferred divided by the count of transfers (i.e., the mean size of a transfer) between distinct addresses that interval.

NameMetricIDUnitInterval

Mean Tx Size (native units)

TxTfrValMeanNtv

Native units

1 day, 1 hour

Mean Tx Size (USD)

TxTfrValMeanUSD

USD

1 day, 1 hour

Details

  • TxTfrValMeanNtv is computed as TxTfrValNtv / TxTfrCnt

  • TxTfrValMeanNtv is computed as TxTfrValMeanNtv * PriceUSD

Asset-Specific Details

  • For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

  • Released in the 1.0 release of NDP

Availability for Assets

Median Tx Size

Definition

The median count of native units or USD transferred per transfer (i.e., the median "size" of a transfer) that interval.

Dictionary

NameMetricIDUnitInterval

Median Tx Size (native units)

TxTfrValMedNtv

Native units

1 day, 1 hour

Median Tx Size (USD)

TxTfrValMedUSD

USD

1 day, 1 hour

Details

  • Transfers are movement of native units.

  • Only non-zero value, successful, transfers with distinct sender/recipient, are considered.

Asset-Specific Details

  • For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

  • Released in the 1.0 release of NDP

Availability for Assets

Xfer'd Val

Definition

The sum of native units or USD transferred (i.e., the aggregate "size" of all transfers) that interval. Also known as Transfer Value (native units).

NameMetricIDUnitInterval

Xfer'd Val (native units)

TxTfrValNtv

Native units

1 day, 1 hour

Xfer'd Val (USD)

TxTfrValUSD

USD

1 day, 1 hour

Payments Above/Below X Amount (Count)

The sum count of payments (transfers) above or below X worth of a cryptoasset at the time the transfer took place.

NameMetricIDUnitInterval

Payments Above $100M Cnt

TxTfrValAbUSD100MCnt

Transfers

1 day

Payments Above $10M Cnt

TxTfrValAbUSD10MCnt

Transfers

1 day

Payments Above $1M Cnt

TxTfrValAbUSD1MCnt

Transfers

1 day

Payments Above $100k Cnt

TxTfrValAbUSD100kCnt

Transfers

1 day

Xfers Below $10,000, Count

TxTfrValBelUSD10000Cnt

Addresses

1 day

Xfers Below $1,000, Count

TxTfrValBelUSD1000Cnt

Addresses

1 day

Xfers Below $500, Count

TxTfrValBelUSD500Cnt

Addresses

1 day

Xfers Below $100, Count

TxTfrValBelUSD100Cnt

Addresses

1 day

Sum Value of Payments Above/Below X Amount

The sum of all payments (transfers) that have occurred in the measuring interval above or below X worth of a cryptoasset, displayed in native units (e.g. BTC).

Name

MetricID

Unit

Interval

Sum Value of Payments Above $100M (native units)

TxTfrValAbUSD100MNtv

Ntv

1 day

Sum Value of Payments Above $10M (native units)

TxTfrValAbUSD10MNtv

Ntv

1 day

Sum Value of Payments Above $1M (native units)

TxTfrValAbUSD1MNtv

Ntv

1 day

Sum Value of Payments Above $100k (native units)

TxTfrValAbUSD100kNtv

Ntv

1 day

Sum Value of Payments Above $100M (USD)

TxTfrValAbUSD100MUSD

USD

1 day

Sum Value of Payments Above $10M (USD)

TxTfrValAbUSD10MUSD

USD

1 day

Sum Value of Payments Above $1M (USD)

TxTfrValAbUSD1MUSD

USD

1 day

Sum Value of Payments Above $100k (USD)

TxTfrValAbUSD100kUSD

USD

1 day

Sum Value of Payments Below $10k (native units)

TxTfrValBelUSD10000Ntv

Native Units

1 day

Sum Value of Payments Below $1k (native units)

TxTfrValBelUSD1000Ntv

Native Units

1 day

Sum Value of Payments Below $500 (native units)

TxTfrValBelUSD500Ntv

Native Units

1 day

Sum Value of Payments Below $100 (native units)

TxTfrValBelUSD100Ntv

Native Units

1 day

Sum Value of Payments Below $10k (USD)

TxTfrValBelUSD10000USD

USD

1 day

Sum Value of Payments Below $1k (USD)

TxTfrValBelUSD1000USD

USD

1 day

Sum Value of Payments Below $500 (USD)

TxTfrValBelUSD500USD

USD

1 day

Sum Value of Payments Below $100 (USD)

TxTfrValBelUSD100USD

USD

1 day

Details

Availability for Assets

Details

  • Transfers are movement of native units.

  • Only non-zero value, successful, transfers with distinct sender/recipient, are considered.

  • Failed transactions are not considered in TxTfrValNtv

  • For ETH, the fees sent from the original sender to the miner for the failed transaction are not considered

Asset-Specific Details

  • For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

  • Released in the 1.0 release of NDP

Availability for Assets

API Endpoints

Token Transaction metrics can be accessed using these endpoints:

  • timeseries/asset-metrics

and by passing in the metric ID's TxTfrVal* in the metrics parameter.

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=TxTfrValAdjNtv&assets=eth&pretty=true&api_key=<your_key>"

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