The ratio of the sum of spent value over the sum of creation value of all spent and created outputs for that interval. There are two versions of this metric. For this version, a spent output’s “spent value” is the market value of that output (i.e., price multiplied by 1). A created output’s “creation value” is the market value of that output (i.e., price multiplied by 1).
SOPR was introduced by Renato Shirakashi.
This version was our first implementation of it that doesn’t weight outputs by their value.
It oscillates around 1, if below it, people spending are realizing losses, above it, realizing gains.
This metric is not available for assets that have full privacy, like Monero, Grin.
For assets that have opt-in privacy features, like ZCash, it only takes the non-private balances into account.
Introduced by Renato Shirakashi
Released in the 4.0 release of NDP
|Asset||Available in Community tier||Available in Pro tier|