Active Wallets

Active Wallets

Contents

• Active Wallets Count

• Active Wallets Count (Received)

• Active Wallets Count (Sent)

Active Wallets Count

Definition

The sum count of unique wallets that were active in the network (either as a destination or source of a ledger change) that day. All unique wallets involved in a ledger change action (recipients and originators) are counted. This metric does not double-count wallets. In other words, if a wallet has been deemed active by being part of a ledger change, it is not counted again if is subsequently involved in a transaction during the same time interval. Wallets represent groups of addresses that we estimate are owned by the same entity. They provide a better proxy for user behavior since users often own more than one blockchain address.

Dictionary

Name	MetricID	Unit	Interval
Wallets, active, count	WalActCnt	Wallets	1 day

Details

• Wallets represent groups of addresses that we estimate are owned by the same entity. In order to group addresses together, we employ a clustering methodology based on well-established industry standards.

Asset-Specific Details

• This metric is not available for assets that have full privacy, like Monero and Grin. For assets that have opt-in privacy features, like ZCash, it only takes the non-private activities into account.

• For Solana, this metric captures the count of owner accounts.

Release History

• Released in version 5.1 of Network Data Pro

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Active Wallets Count (Received)

Definition

The sum count of unique wallets that were active in the network as a recipient of funds. All unique wallets that have received funds in transactions are counted. This metric does not double-count wallets. In other words, if a wallet has been deemed active by receiving funds, it is not counted again if it receives funds again during the same time interval. Wallets represent groups of addresses that we estimate are owned by the same entity. They provide a better proxy for user behavior since users often own more than one blockchain address.

Dictionary

Name	MetricID	Unit	Interval
Wallets, active, received, count	WalActRecCnt	Wallets	1 day

Details

• Wallets represent groups of addresses that we estimate are owned by the same entity. In order to group addresses together, we employ a clustering methodology based on well-established industry standards.

Asset-Specific Details

This metric is not available for assets that have full privacy, like Monero and Grin. For assets that have opt-in privacy features, like ZCash, it only takes the non-private activities into account.

Release History

• Released in version 5.1 of Network Data Pro

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Active Wallets Count (Sent)

Definition

The sum count of unique wallets that were active in the network as a sender of funds. All unique wallets that have sent funds in transactions are counted. This metric does not double-count wallets. In other words, if a wallet has been deemed active by sending funds, it is not counted again if it sends funds again during the same time interval. Wallets represent groups of addresses that we estimate are owned by the same entity. They provide a better proxy for user behavior since users often own more than one blockchain address.

Dictionary

Name	MetricID	Unit	Interval
Wallets, active, sent, count	WalActSentCnt	Wallets	1 day

Details

• Wallets represent groups of addresses that we estimate are owned by the same entity. In order to group addresses together, we employ a clustering methodology based on well-established industry standards.

Asset-Specific Details

This metric is not available for assets that have full privacy, like Monero and Grin. For assets that have opt-in privacy features, like ZCash, it only takes the non-private activities into account.

Release History

• Released in version 5.1 of Network Data Pro

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

API Endpoints

Address Balances can be accessed using these endpoints:

• timeseries/asset-metrics

and by passing in the metric IDs WalActCnt, WalActSentCnt, etc. in the metrics parameter.

Asset metrics

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:

GEThttps://api.coinmetrics.io/v4/timeseries/asset-metrics

Authorization

api_key

Query parameters

Response

200400401403414

Time series of metrics for an asset.

Body

application/jsontext/csv

data*any

next_page_tokenNextPageToken (string)

Token of the next page results for a given request.

next_page_urlNextPageUrl (string)

URL of the next page results for a given request.

Response

200400401403

{
  "next_page_token": "text",
  "next_page_url": "text"
}

Shell

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=WalActCnt&assets=btc&pretty=true&api_key=<your_key>"

Python

import requests
response = requests.get('https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=WalActCnt&assets=btc&pretty=true&api_key=<your_key>').json()
print(response)

Python Client

from coinmetrics.api_client import CoinMetricsClient

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

print(
    client.get_asset_metrics(
        metrics="WalActCnt", 
        assets="btc",
    ).to_dataframe()
)