Trusted Volume
Last updated
Last updated
The sum of all volume from the spot markets of a set of trusted exchanges in units of U.S. dollars.
Name | MetricID | Unit | Interval |
---|---|---|---|
Our trusted volume metric is an aggregation of the reported volume from exchanges that we consider the most accurate and trustworthy. The full list of constituent exchanges included in our Trusted Volume can be found here
Trusted Spot Volume can be accessed using the timeseries/asset-metrics
or timeseries/pair-metrics
endpoints by passing volume_trusted_spot_usd_1d
or volume_trusted_spot_usd_1h
into the metrics
parameter.
A sample of the daily trusted volumes data for Bitcoin is shown below:
asset. The IDs of the asset.
time. The reference rate time in ISO 8601 date-time format.
volume_trusted_spot_usd_1d. The trusted volume value in units of U.S. dollars.
Release Version. Market Data Feed v2.2 - Jan 21, 2021 rollout (not a separate MDF version)
Fake trading volume is a persistent problem on crypto exchanges. With little regulatory oversight, it can be difficult to determine whether reported volume numbers are accurate or exaggerated. At Coin Metrics, we’ve taken a data driven approach to the problem and offer a trusted volume metric, derived from the Trusted Exchange Framework, to help identify legitimate trading volume. Our trusted volume metric is an aggregation of the reported volume from exchanges that we consider the most accurate and trustworthy. This is based on a combination of both quantitative and qualitative features. The current set of trusted volume metrics consider spot markets only and do not include futures or options markets.
assets | time | volume_trusted_spot_usd_1d |
---|---|---|
Trusted Spot Volume
USD
1d
Trusted Spot Volume, 1 Hour
USD
1h
btc
2020-09-21 00:00:00
44395555400
btc
2020-09-22 00:00:00
60004540100
btc
2020-09-23 00:00:00
45919134800
Returns requested metrics for specified assets. Results for block by block metrics (1b
frequency) are ordered by tuple (asset, height, block_hash)
, all other metrics are ordered by tuple (asset, time)
. You can change the sorting using sort
query parameter. Supported output formats are json
(default) and csv
, use format
query parameter to override it. To fetch the next page of results use next_page_url
JSON response field or x-next-page-url
CSV HTTP header if present. If multiple metrics are requested in the same time the strict policy for partially available metrics among requested ones is applied:
Time series of metrics for an asset.
Token of the next page results for a given request.
URL of the next page results for a given request.
Returns metrics for specified asset pairs. Results are ordered by tuple (pair, time)
. To fetch the next page of results use next_page_url
JSON response field.
Time series of pair metrics.
Token of the next page results for a given request.
URL of the next page results for a given request.