Velocity
Last updated
Last updated
The ratio of the value transferred (i.e., the aggregate "size" of all transfers) in the trailing 1 year divided by active supply in the trailing 1 year. It can be thought of as a rate of turnover -- the number of times that an average native unit among the active supply has been transferred in the past 1 year.
| Name | MetricID | Unit | Interval |
|---|---|---|---|
Released in the 1.0 release of NDP
The ratio of the adjusted value transferred (i.e., the aggregate "size" of all transfers) in the trailing 1 year divided by active supply in the trailing 1 year. It can be thought of as a rate of turnover -- the number of times that an average native unit among the active supply has been transferred in the past 1 year.
Released in the 1.0 release of NDP
The ratio of the value transferred (i.e., the aggregate "size" of all transfers) in the trailing 1 year divided by the current supply on that day. It can be thought of as a rate of turnover -- the number of times that an average native unit has been transferred in the past 1 year.
Xfer'd Value (native units) for trailing 1 year / Current Supply (native units)
Released in the 1.0 release of NDP
Velocity is a measurement of the rate at which an asset is exchanged. It can be thought of as a rate of turnover, or, in other words, the number of times that an average unit of an asset has been transferred within the last year. Our Adjusted Velocity metric removes noise and other artifacts from the transfer value in the numerator.
The ratio of the adjusted value transferred (i.e., the aggregate "size" of all transfers) in the trailing 1 year divided by the current supply on that day. It can be thought of as a rate of turnover -- the number of times that an average native unit has been transferred in the past 1 year.
Xfer'd Val, Adj (native units) for trailing 1 year / Current Supply (native units)
Released in the 1.0 release of NDP
Velocity is a measurement of the rate at which an asset is exchanged. It can be thought of as a rate of turnover, or, in other words, the number of times that an average unit of an asset has been transferred within the last year. In the above chart, we calculate velocity by dividing BTC’s adjusted transfer value over the past year (which is the total amount of cryptoasset transferred) by BTC’s total supply. Historically BTC’s velocity has increased during a rising bull cycle as on-chain activity increases, and has dipped following both the 2013 and 2017 price peaks. If velocity starts to slow dramatically, it could be read as a sign that the bull phase is reaching its end.
Token Transaction metrics can be accessed using these endpoints:
timeseries/asset-metrics
and by passing in the metric ID's VelAct1yr, VelActAdj1yr, etc. in the metrics parameter.
| Name | NameID | Unit | Interval |
|---|---|---|---|
| Name | MetricID | Unit | Interval |
|---|---|---|---|
| Name | MetricID | Unit | Interval |
|---|---|---|---|
1 Year Active Supply Velocity, Adj
VelActAdj1yr
Dimensionless
1 year
1 Year Current Supply Velocity
VelCur1yr
Dimensionless
1 year
1 Year Current Supply Velocity, Adj
VelCurAdj1yr
Dimensionless
1 year
1 Year Active Supply Velocity
VelAct1yr
Dimensionless
1 year
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.
