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Next Block Maximum Feerate
Definition
The approximate value of the maximum feerate for the upcoming blockchain block.
Dictionary
Name | MetricID | Category | Sub-category | Type | Unit | Interval |
Next Block Maximum feerate | mempool_next_block_approx_feerate_max | 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 feerate of the highest transaction that would still be included in that block template is then showcased.
Available Assets
Bitcoin (BTC)
Sample Query
Last modified 9mo ago