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Next Block Average Feerate

Definition
The approximate value of the mean feerate for the upcoming blockchain block.
Dictionary
Name
MetricID
Category
Sub-category
Type
Unit
Interval
Next Block Average feerate 
mempool_next_block_approx_feerate_mean
KRI
Mempool
Sum
sats/vbyte
1m
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute The average (mean) feerate of the transactions in that block template is then showcased.
Available Assets 
Bitcoin (BTC)
Sample Assets
https://api.coinmetrics.io/v4/timeseries/asset-metrics?api_key=%3Cyour_key%3E&assets=btc&frequency=1m&limit_per_asset=1&metrics=mempool_next_block_approx_feerate_men&pretty=true
api.coinmetrics.io

Next Block Maximum Feerate

Next Block Median Feerate

Last modified 9mo ago

Name	MetricID	Category	Sub-category	Type	Unit	Interval
Next Block Average feerate	mempool_next_block_approx_feerate_mean	KRI	Mempool	Sum	sats/vbyte	1m