Transfer Value

Contents

• Xfer'd Val, Adj

• Xfer'd by Contract Calls

• Xfer'd Days Destroyed

• Mean Xfer'd Days Destroyed

• Mean Tx Size

• Median Tx Size

• Xfer'd Val

• Payments Above/Below X Amount (Count)

• Sum Value of Payments Above/Below X Amount

Xfer'd Val, Adj

Definition

The sum of native units or USD transferred that interval removing noise and certain artifacts. Also known as Adjusted Transfer Value.

Name	MetricID	Unit	Interval
Xfer'd Val, Adj (native units)	TxTfrValAdjNtv	Native units	1 day
Xfer'd Val, Adj (USD)	TxTfrValAdjUSD	USD	1 day

Details

• For UTXO chains, the heuristics used are:

  • Early spend: outputs spent one hour or less after being created are not counted

  • Round numbers: if one output has much more precision than the other outputs in the same transaction, it’s not counted. For example, if a transaction creates 2 outputs, one of 1.00000000 BTC and one of 0.2561278 BTC, the second one would not be counted.

  • Self churn: outputs that have the same address as any of the inputs addresses are discounted

  • Also removed are cold wallet shuffles (when an exchange changes their cold wallet addresses) and other artifacts such as noise generated by early Bitcoin applications like Satoshi Dice

• For account chains, this metric is computed as the sum number of native units received by accounts, whose net balance did change in that hour.

Asset-Specific Details

• For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Example

• If in the same hour:

  • ** Account A sends 50 units to B

  • ** Account C sends 50 units to A

  • ** Account B sends 50 units to E

  • ** Account D sends 49 units to B

• Then:

  • ** Account A has a net balance change of 0, received 50

  • ** Account B has a net balance change of -1, received 99

  • ** Account C has a net balance change of -50, received 0

  • ** Account D has a net balance change of -49, received 0

  • ** Account E has a net balance change of +50, received 50

• *** Unadjusted volume is 199

• *** Adjusted volume is 149 (B: 99, E: 50)

Release History

• Released in the 1.0 release of NDP

Availability for Assets

• TxTfrValAdjNtv

• TxTfrValAdjUSD

Xfer'd by Contract Calls

Definition

The sum of all native units or USD transferred by contract calls on that interval. A contract call is the invocation of a contract’s code by another contract or non-contract address. Only successful calls are considered.

Name	MetricID	Unit	Interval
Xfer'd by Contract Calls (native units)	TxTfrValContCallNtv	Native units	1 day
Xfer'd by Contract Calls (USD)	TxTfrValContCallUSD	Native units	1 day

Details

• TxTrfValContCallNtv is computed as TxTfrValAdjNtv / BlkSizeByte

• TxTrfValContCallUSD is computed as TxTfrValAdjUSD / BlkSizeByte

• This metric estimates the economical density of an asset.

Asset Specific Details

• For SOL this metric measures the value transferred by instructions which sent value to program-derived accounts. Excludes vote accounts and externally-owned accounts.

Release History

• Released in the 4.2 release of NDP

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Coin Metrics CoverageCoin Metrics Coverage

Xfer'd Days Destroyed

Definitions

The sum of all native units transferred that interval multiplied by the sum of days since those native units were last transferred.

Name	MetricID	Unit	Interval
Xfer'd Days Destroyed	TxTfrValDayDst	Dimensionless	1 day, 1 block

Details

• Days destroyed is a measure of time * money.

• When an unspent output is spent, the time it stayed unspent (in days) is multiplied by its value, this metric measures the sum of these coin days spent in a given day.

• Only full days are taken into account (2.5 days count as 2 days)

Asset-Specific Details

• Only available for UTXO chains.

• For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

• Released in the 1.0 release of NDP

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Mean Xfer'd Days Destroyed

Definition

The mean per transaction of the sum of all native units transferred multiplied by the sum of days since those native units were last transferred that interval.

Name	MetricID	Unit	Interval
Mean Xfer'd Days Destroyed	TxTfrValDayDstMean	Dimensionless	1 day

Details

• Computed as TxTfrValDayDst / TxCnt

Asset-Specific Details

• Only available for UTXO chains

• For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

• Released in the 1.0 release of NDP

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Mean Tx Size

Definition

The sum value of native units or USD transferred divided by the count of transfers (i.e., the mean size of a transfer) between distinct addresses that interval.

Name	MetricID	Unit	Interval
Mean Tx Size (native units)	TxTfrValMeanNtv	Native units	1 day, 1 hour
Mean Tx Size (USD)	TxTfrValMeanUSD	USD	1 day, 1 hour

Details

• TxTfrValMeanNtv is computed as TxTfrValNtv / TxTfrCnt

• TxTfrValMeanNtv is computed as TxTfrValMeanNtv * PriceUSD

Asset-Specific Details

• For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

• Released in the 1.0 release of NDP

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Median Tx Size

Definition

The median count of native units or USD transferred per transfer (i.e., the median "size" of a transfer) that interval.

Dictionary

Name	MetricID	Unit	Interval
Median Tx Size (native units)	TxTfrValMedNtv	Native units	1 day, 1 hour
Median Tx Size (USD)	TxTfrValMedUSD	USD	1 day, 1 hour

Details

• Transfers are movement of native units.

• Only non-zero value, successful, transfers with distinct sender/recipient, are considered.

Asset-Specific Details

• For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

• Released in the 1.0 release of NDP

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Xfer'd Val

Definition

The sum of native units or USD transferred (i.e., the aggregate "size" of all transfers) that interval. Also known as Transfer Value (native units).

Name	MetricID	Unit	Interval
Xfer'd Val (native units)	TxTfrValNtv	Native units	1 day, 1 hour
Xfer'd Val (USD)	TxTfrValUSD	USD	1 day, 1 hour

Details

• This metric counts transfers between two addresses, exluding transfers from or to the null account (issuance account) as those would be considered mints (transfers from) and burns (transfers to). These would be counted in our SplyCur metric as an increase or decrease in the supply.

Payments Above/Below X Amount (Count)

The sum count of payments (transfers) above or below X worth of a cryptoasset at the time the transfer took place.

Name	MetricID	Unit	Interval
Payments Above $100M Cnt	TxTfrValAbUSD100MCnt	Transfers	1 day
Payments Above $10M Cnt	TxTfrValAbUSD10MCnt	Transfers	1 day
Payments Above $1M Cnt	TxTfrValAbUSD1MCnt	Transfers	1 day
Payments Above $100k Cnt	TxTfrValAbUSD100kCnt	Transfers	1 day
Xfers Below $10,000, Count	TxTfrValBelUSD10000Cnt	Addresses	1 day
Xfers Below $1,000, Count	TxTfrValBelUSD1000Cnt	Addresses	1 day
Xfers Below $500, Count	TxTfrValBelUSD500Cnt	Addresses	1 day
Xfers Below $100, Count	TxTfrValBelUSD100Cnt	Addresses	1 day

Sum Value of Payments Above/Below X Amount

The sum of all payments (transfers) that have occurred in the measuring interval above or below X worth of a cryptoasset, displayed in native units (e.g. BTC).

Name	MetricID	Unit	Interval
Sum Value of Payments Above $100M (native units)	TxTfrValAbUSD100MNtv	Ntv	1 day
Sum Value of Payments Above $10M (native units)	TxTfrValAbUSD10MNtv	Ntv	1 day
Sum Value of Payments Above $1M (native units)	TxTfrValAbUSD1MNtv	Ntv	1 day
Sum Value of Payments Above $100k (native units)	TxTfrValAbUSD100kNtv	Ntv	1 day
Sum Value of Payments Above $100M (USD)	TxTfrValAbUSD100MUSD	USD	1 day
Sum Value of Payments Above $10M (USD)	TxTfrValAbUSD10MUSD	USD	1 day
Sum Value of Payments Above $1M (USD)	TxTfrValAbUSD1MUSD	USD	1 day
Sum Value of Payments Above $100k (USD)	TxTfrValAbUSD100kUSD	USD	1 day
Sum Value of Payments Below $10k (native units)	TxTfrValBelUSD10000Ntv	Native Units	1 day
Sum Value of Payments Below $1k (native units)	TxTfrValBelUSD1000Ntv	Native Units	1 day
Sum Value of Payments Below $500 (native units)	TxTfrValBelUSD500Ntv	Native Units	1 day
Sum Value of Payments Below $100 (native units)	TxTfrValBelUSD100Ntv	Native Units	1 day
Sum Value of Payments Below $10k (USD)	TxTfrValBelUSD10000USD	USD	1 day
Sum Value of Payments Below $1k (USD)	TxTfrValBelUSD1000USD	USD	1 day
Sum Value of Payments Below $500 (USD)	TxTfrValBelUSD500USD	USD	1 day
Sum Value of Payments Below $100 (USD)	TxTfrValBelUSD100USD	USD	1 day

Details

• For more details on the methodology powering this metric, please refer to the main page this family of metrics.

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Details

• Transfers are movement of native units.

• Only non-zero value, successful, transfers with distinct sender/recipient, are considered.

• Failed transactions are not considered in TxTfrValNtv

• For ETH, the fees sent from the original sender to the miner for the failed transaction are not considered

Asset-Specific Details

• For assets that have opt-in privacy features, like ZCash, it only takes the non-private activity.

Release History

• Released in the 1.0 release of NDP

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Coin Metrics CoverageCoin Metrics Coverage

API Endpoints

Token Transaction metrics can be accessed using these endpoints:

• timeseries/asset-metrics

and by passing in the metric ID's TxTfrVal* 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=TxTfrValAdjNtv&assets=eth&pretty=true&api_key=<your_key>"

Python

import requests
response = requests.get('https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=TxTfrValAdjNtv&assets=eth&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="TxTfrValAdjNtv", 
        assets="eth",
    ).to_dataframe()
)