---
title: "Puell Multiple"
method: GET
path: "/btc/network-indicator/puell-multiple"
tags: ["BTC Network Indicator"]
---

# Puell Multiple

`GET /btc/network-indicator/puell-multiple`

Puell Multiple is the mining revenue usd divided by MA 365 mining revenue usd. `puell_multiple` is a metric shows the historically low and high periods of the value of bitcoin issued daily, and at what point investors should buy bitcoin to get high returns. This indicator was created by David Puell.  
__[Go to Data Guide‣](https://dataguide.cryptoquant.com/network-indicators/puell-multiple)__


**📖 Data Guide:** [Puell Multiple](/data-guide/network/puell-multiple) — definition, interpretation, and chart examples.

## Query parameters

- `window` string
- `from` string
- `to` string
- `limit` integer
- `format` string

## Response `200`

puell_multiple

- object
  - `status` object, required — The status object is return with most of requests and indicates if the request was successful. If it is not successful, error information is included.
    - `code` integer, required — HTTP status code
    - `message` string, required — Text description of the error or success.
  - `result` object, required
    - `window` string, required — The size of window. This metric supports only day resolution.
    - `data` object[], required
      - `date` string — The date in YYYY-DD-MM. This optional field only appears when window=day is used.
      - `puell_multiple` number, required — Puell Multiple is the mining revenue usd divided by MA 365 mining revenue usd.

---

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