Feerates
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Definition
The mean feerate (fee/vsize) of all mempool transactions, in native units per byte. Virtual Size (vsize) is a unit used to measure the size of a bitcoin transaction after the activation of SegWit.
Dictionary
Name
MetricID
Unit
Interval
Mean Feerate Mempool
mempool_feerate_mean
fee/vsize
1m
Methodology
The mempool is evaluated and the feerate (fee/vsize) attached to all transactions is aggregated. The mean feerate of all transactions is then calculated.
Available Assets
Bitcoin (BTC)
Sample Query
Definition
The median feerate (fee/vsize) of all mempool transactions in native units per byte. Virtual Size (vsize) is a unit used to measure the size of a bitcoin transaction after the activation of SegWit.
Dictionary
Median Feerate Mempool
mempool_feerate_median
fee/vsize
1m
Methodology
The mempool is evaluated and the feerate (fee/vsize) attached to all transactions is calculated. The median feerate of all transactions is then assessed.
Available Assets
Bitcoin (BTC)
Sample Query
Definition
The approximate value of the mean feerate for the upcoming blockchain block.
Dictionary
Next Block Average feerate
mempool_next_block_approx_feerate_mean
sats/vbyte
1m
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute The average (mean) feerate of the transactions in that block template is then showcased.
Available Assets
Bitcoin (BTC)
Sample Assets
Definition
The approximate value of the maximum feerate for the upcoming blockchain block.
Dictionary
Next Block Maximum feerate
mempool_next_block_approx_feerate_max
sats/vbyte
1m
\
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute The feerate of the highest transaction that would still be included in that block template is then showcased.
Available Assets
Bitcoin (BTC)
Sample Query
Definition
The approximate value of the median feerate for the upcoming blockchain block.
Dictionary
Next Block Median feerate
mempool_next_block_approx_feerate_median
sats/vbyte
1m
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute The median feerate of the transactions in that block template is then showcased.
Available Assets
Bitcoin (BTC)
Sample Query
Definition
The approximate value of the minimum feerate for the upcoming blockchain block.
Dictionary
Next Block Minimum feerate
mempool_next_block_approx_feerate_min
sats/vbyte
1m
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute. The feerate of the lowest transaction that would still be included in that block template is then showcased.
Available Assets
Bitcoin (BTC)
Sample Query
Definition
The recommended minimum feerate required for a transaction to be included in the upcoming blockchain block. This metric differs from mempool_next_block_approx_feerate_min in that it accounts for situations where there are many transactions paying the minimum feerate. By adding an additional cushion to the minimum estimate, this metric provides better settlement guarantees.
Dictionary
Next Block minimum recommended fee
mempool_next_block_inclusion_approx_feerate_min
sats/vbyte
1m
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute The feerate of the lowest transaction that would still be included in that block template is then showcased. Depending on the aggregate size of transactions paying the minimum feerate, additional satoshi units are added in order to increase the likelihood that a transaction paying this feerate will be included in the next block.
Available Assets
Bitcoin (BTC)
Sample Query
Definition
The approximate value of the minimum feerate for the upcoming blockchain block.
Dictionary
Next Block Minimum feerate
mempool_next_block_approx_feerate_min
sats/vbyte
1m
Methodology
The calculation begins by ranking mempool transactions based on how much fees they are paying. A block template is then applied to these transactions with the goal of identifying which transactions rational miners would pick if they were to build a block at that minute. The feerate of the lowest transaction that would still be included in that block template is then showcased.
Available Assets
Bitcoin (BTC)
Sample Query
Fee Rate metrics can be accessed using these endpoints:
timeseries/asset-metrics
and by passing in the metric ID's mempool_feerate*
and mempool_next_block_approx_feerate_*
in the metrics
parameter.
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:
Comma separated list of assets. Use the /catalog-all/assets endpoint for the full list of supported assets or specify asterisk (*) in order to get metrics for all supported assets.
Comma separated metrics to request time series data for. Information on all available metrics can be found on page https://coverage.coinmetrics.io/asset-metrics-v2. Use the /catalog-all/metrics or /catalog-all/assets endpoint for the full list of supported metrics per asset.
["AdrActCnt","BlkHgt"]
Frequency of the metrics. Supported values are 1b
(block by block), 1s
(one second), 1m
(one minute), 5m
(five minutes), 10m
(ten minutes), 1h
(one hour), 1d
(one day), 1d-ny-close
(one day at New York close time). Please refer to the /catalog/metrics
endpoint for the full list. Use the /catalog-all/assets endpoint for the full list of supported frequencies per asset-metric pair.
1d
Example: 1b
Which metric values do you want to see. Applicable only for "reviewable" metrics. You can find them in the /catalog/metrics
endpoint.
all
Possible values: Start of the time interval. This field refers to the time
field in the response. Multiple formats of ISO 8601 are supported: 2006-01-20T00:00:00Z
, 2006-01-20T00:00:00.000Z
, 2006-01-20T00:00:00.123456Z
, 2006-01-20T00:00:00.123456789Z
, 2006-01-20
, 20060120
. Inclusive by default. Mutually exclusive with start_height
and start_hash
. UTC timezone by default. Z
suffix is optional and timezone
parameter has a priority over it. If start_time
is omitted, response will include time series from the earliest time available.
End of the time interval. This field refers to the time
field in the response. Multiple formats of ISO 8601 are supported: 2006-01-20T00:00:00Z
, 2006-01-20T00:00:00.000Z
, 2006-01-20T00:00:00.123456Z
, 2006-01-20T00:00:00.123456789Z
, 2006-01-20
, 20060120
. Inclusive by default. Mutually exclusive with end_height
and end_hash
. UTC timezone by default. Z
suffix is optional and timezone
parameter has a priority over it. If end_time
is omitted, response will include time series up to the latest time available.
The start height indicates the beginning block height for the set of data that are returned. Inclusive by default. Mutually exclusive with start_time
and start_hash
.
The end height indicates the ending block height for the set of data that are returned. Inclusive by default. Mutually exclusive with end_time
and end_hash
. This parameter is disabled for Community users.
The start hash indicates the beginning block height for the set of data that are returned. Inclusive by default. Mutually exclusive with start_time
and start_height
.
The end hash indicates the ending block height for the set of data that are returned. Inclusive by default. Mutually exclusive with end_time
and end_height
.
Inclusive or exclusive corresponding start_*
parameters.
true
Inclusive or exclusive corresponding end_*
parameters.
true
Specifies how many blocks behind the chain tip block by block metrics (1b
frequency) are based on. Default for btc
is 2
and 99
for eth
. For example, a min_confirmations
of 0
means metrics are being calculated for the block at the tip of the chain (the latest block received by our node) whereas a min_confirmations
of 6
means that metrics are being applied to the block that is 6
blocks behind the chain tip (i.e., the 7th block if the chain tip is block 1).
Timezone name for start_time
and end_time
timestamps. This parameter does not modify the output times, which are always UTC
. Format is defined by TZ database.
UTC
Example: America/New_York
Number of items per single page of results. The value of this parameter is ignored if the endpoint supports the format
parameter and its value is set to json_stream
.
100
Where does the first page start, at the start of the interval or at the end. The value of this parameter is ignored if the endpoint supports the format
parameter and its value is set to json_stream
.
end
Possible values: How results will be sorted. Metrics with 1b
frequency are sorted by (asset, height, block_hash)
tuples by default. Metrics with other frequencies are sorted by (asset, time)
by default. If you want to sort 1d
metrics by (time, asset)
you should choose time
as value for the sort
parameter. Sorting by time
is useful if you request metrics for a set of assets.
asset
Possible values: How many entries per asset result should contain. For example, this combination of parameters assets=btc,eth&metrics=ReferenceRate&limit_per_asset=1
returns the latest ReferenceRate
values for btc
and eth
.
Human-readable formatting of JSON responses.
false
Format of the response.
json
Possible values: Nulls are represented as zeros in the response.
false
Token for receiving the results from the next page of a query. Should not be used directly. To iterate through pages just use next_page_url
response field.
Ignore "forbidden" errors for the items you currently don't have access to.
false
Ignore "unsupported" errors for not currently supported by Coin Metrics items.
false
Time series of asset metrics.
Time series of metrics for an asset.