v1

latestOpenAPI 3.0.02026-07-2224101.3 MB
BTC Network Indicator

NVM

NVM(Network Value to Metcalfe Ratio) is a metric based on Metcalfe’s law; the value of a network is proportional to the square of its nodes or user. NVM is a ratio of market cap divided by daily active address. Based on Metcalfe’s law, the value of bitcoin rises if the daily active addresses increase. Therefore, if the NVM value is relatively small, it means that the value of the network is underestimated and if the value is relatively high, it means that the value of the network is overestimated.
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📖 Data Guide: NVM Ratio — definition, interpretation, and chart examples.

get/btc/network-indicator/nvm

Query parameters

windowstring

Currently, we only support day.

fromstring

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.

tostring

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.

limitinteger

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.

formatstring

A format type about return message type. Supported formats are json, csv.

Response

nvm