v1
latestOpenAPI 3.0.02026-07-2224101.3 MBEstimated Leverage Ratio
By dividing the open interest of an exchange by their BTC reserve, you can estimate a relative average user leverage. Whenever the leverage value reaches a high, there is rapid volatility. Similar to Open Interest, but more accurate because it reflects the growth of the exchange itself. This is experimental indicator but it seems this reflects market sentiment. You can see how aggressive people are and how conservative they are in terms of investment. For 'In Progress' exchanges, estimated leverage ratio is not supported yet even though they provide open interest. Go to Data Guide‣
<br><br>Note: This endpoint does not support Point-In-Time (PIT) accuracy due to periodic updates to wallet address clustering. Historical data may change as new exchange wallets are discovered, added, and validated.
📖 Data Guide: Estimated Leverage Ratio — definition, interpretation, and chart examples.
Query parameters
A derivative exchange from the table that we support. See here.
Currently we support day, hour, and block.
This defines the starting time for which data will be gathered, formatted as YYYYMMDDTHHMMSS (indicating YYYY-MM-DDTHH:MM:SS, UTC time). If window=day is used, it can also be formatted as YYYYMMDD (date). If window=block is used, you can also specify the exact block height (e.g. 510000). If this field is not specified, response will include data from the earliest time.
This defines the ending time for which data will be gathered, formatted as YYYYMMDDTHHMMSS (indicating YYYY-MM-DDTHH:MM:SS, UTC time). If window=day is used, it can also be formatted as YYYYMMDD (date). If window=block is used, you can also specify the exact block height (e.g. 510000). If this field is not specified, response will include data from the latest time.
The maximum number of entries to return before the latest data point (or before to if specified). This field ranges from 1 to 100,000.
A format type about return message type. Supported formats are json, csv.
Response
The amount of open interest of exchange divided by their BTC reserve