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Point-in-Time Flows

Overview​

Point-in-time exchange flow metrics measure the same on-chain deposit, withdrawal, net-flow, and transfer-count activity as the standard exchange flow metrics, but attribute that activity using only the addresses Talos had identified as belonging to the entity at the time. They are designed for historical analysis and backtesting where restating past intervals with newly discovered addresses would introduce look-ahead bias.

Every standard exchange flow metric on a supported asset has a point-in-time equivalent. Insert Pit immediately before the unit suffix (Ntv, USD, or Cnt) in the metric name. For example, Coinbase deposits in native units map from FlowInCBSNtv to FlowInCBSPitNtv. Point-in-time exchange flow metrics are published at 1d and 1h frequency. They are not available at block-by-block (1b) frequency.

Directional pairwise flow metrics use the same Pit naming pattern on the assets where pairwise flows are offered.

At a Glance​

Data typeEntitiesFrequency / cadenceUnitPrimary endpoint
MetricAssets1d, 1hNative units, USD, transfer count/timeseries/asset-metrics

Metrics​

Each standard exchange flow metric has a point-in-time counterpart, named by inserting Pit immediately before the unit suffix (Ntv, USD, or Cnt):

Standard metricPoint-in-time metricDescription
FlowIn{Entity}Ntv / FlowIn{Entity}USDFlowIn{Entity}PitNtv / FlowIn{Entity}PitUSDDeposits to the entity. See Deposits.
FlowOut{Entity}Ntv / FlowOut{Entity}USDFlowOut{Entity}PitNtv / FlowOut{Entity}PitUSDWithdrawals from the entity. See Withdrawals.
FlowNet{Entity}Ntv / FlowNet{Entity}USDFlowNet{Entity}PitNtv / FlowNet{Entity}PitUSDNet flows for the entity. See Net Flows.
FlowTfrIn{Entity}CntFlowTfrIn{Entity}PitCntDeposit transfer count for the entity.
FlowTfrOut{Entity}CntFlowTfrOut{Entity}PitCntWithdrawal transfer count for the entity.
Sply{Entity}Ntv / Sply{Entity}USDSply{Entity}PitNtv / Sply{Entity}PitUSDSupply held by the entity. See Exchange Supply.
TxExCntTxExPitCntTransaction count for exchanges. See Transaction Count.

Replace {Entity} with the entity short code from the exchange coverage table. For example, Coinbase deposits in native units are FlowInCBSPitNtv, Binance withdrawals in native units are FlowOutBNBPitNtv, and Kraken net flows in native units are FlowNetKRKPitNtv. USD variants follow the same pattern (FlowInCBSPitUSD, FlowOutBNBPitUSD, and so on).

Aggregate metrics use Ex for all exchanges in place of {Entity} — for example, FlowInExNtv maps to FlowInExPitNtv, and SplyExUSD maps to SplyExPitUSD. Transfer-count aggregates follow the same rule (FlowTfrFromExCnt → FlowTfrFromExPitCnt, FlowTfrToExCnt → FlowTfrToExPitCnt).

Metrics whose names include Incl — the variants that include exchange-to-exchange transfers — place Pit before Incl rather than before the unit suffix. For example, FlowInExInclNtv maps to FlowInExPitInclNtv, and FlowTfrFromExInclCnt maps to FlowTfrFromExPitInclCnt.

Asset and frequency coverage​

Point-in-time exchange flow metrics ship on the same assets and at the same batch frequencies as the corresponding standard exchange flow metrics, with the exceptions noted below.

Asset groupAssets (API symbols)Pit exchange flowsNotes
Nativebtc, eth1d, 1hIncludes aggregate (Ex) and per-exchange metrics for the on-chain exchange universe.
ERC-20 stablecoins and related tokensdai, usdc_eth, usdt_eth, usds_eth, usde_eth, usdg_eth, pyusd_eth, usd1_eth, usdc_base.eth1d, 1hSame per-exchange deposit, withdrawal, and transfer-count coverage as standard ERC-20 exchange flows. Net-flow and exchange-supply Pit metrics follow the same per-asset rules as the standard metrics.
Pairwise (USDC only)usdc_eth1d, 1hSee Point-in-time pairwise flows.

Miner exchange flows (FlowMiner*Pit*): available for btc and eth at 1d only, matching standard miner flow coverage.

ETF flows: point-in-time ETF metrics are documented separately for Bitcoin on the ETF Point-in-Time Flows page.

At 1h, point-in-time metrics mirror standard 1h exchange flows: deposits, withdrawals, transfer counts, and aggregate exchange transaction count (TxExPitCnt). Net flows (FlowNet*Pit*), exchange supply (Sply*Pit*), and related 1d-only per-exchange fields follow the same frequency rules as the standard metrics (typically 1d on native assets).

For metric-level availability (including entities and history start), use the Asset Metrics coverage tool or /catalog-v2/asset-metrics.

Methodology​

Standard and point-in-time exchange flow metrics answer the same question — how much value is held, and how much value moved into or out of an entity over an interval — but they differ in when an address counts as belonging to the entity.

Standard vs. point-in-time​

Standard metricsPoint-in-time metrics
Address setAll addresses currently known to belong to the entity. For example, a metric value for the date 2021-01-01 would include all addresses known at the current date, including addresses that had been discovered after 2021-01-01.Only addresses known to belong to the entity at the time of the interval. For example, a metric value for the date 2021-01-01 would only include addresses that had been discovered on or prior to 2021-01-01.
History startFrom each address's first non-zero balanceFrom each address's date of discovery as an entity address
RestatementPast values can change when new entity addresses are discovered later. This is done on an ad hoc basis and customers will be informed as and when any changes are made.Past values are fixed; newly discovered addresses affect only intervals on or after their discovery date
Best forCurrent monitoring and analysis using the fullest available address coveragePoint-in-time-correct backtests, research, and any workflow that must not inherit future address discoveries

For example, compare Coinbase exchange supply in native units:

MetricDescription
SplyCBSNtvThe sum in native units held by Coinbase at the end of that interval. Metric values reflect activity of addresses currently known to belong to the entity, from each address's first non-zero balance.
SplyCBSPitNtvThe sum in native units held by Coinbase at the end of that interval. Metric values reflect activity of addresses known to belong to the entity at the time, from each address's date of discovery as an entity address.

Exchange flow metrics follow the same attribution logic. A deposit to an address that Talos later tags as belonging to Coinbase appears in FlowInCBSNtv for all historical intervals back to that address's first activity, but in FlowInCBSPitNtv only from the interval when the address was first identified as Coinbase.

Accessing the Data​

Python Client
from coinmetrics.api_client import CoinMetricsClient

api_key = "<API_KEY>"
client = CoinMetricsClient(api_key)

print(
client.get_asset_metrics(
assets="eth",
metrics=["FlowInCBSNtv", "FlowInCBSPitNtv"],
frequency="1h",
).to_dataframe()
)
Shell
curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?assets=eth&metrics=FlowInCBSNtv,FlowInCBSPitNtv&frequency=1h&api_key=<your_key>"
Python
import requests

response = requests.get(
"https://api.coinmetrics.io/v4/timeseries/asset-metrics",
params={
"assets": "usdc_eth",
"metrics": "FlowInCBSNtv,FlowInCBSPitNtv",
"frequency": "1h",
"api_key": "YOUR_API_KEY",
},
).json()

Full parameter reference: see the API Reference for /timeseries/asset-metrics.