{"path":"/fees/fee_ratio_multiple","tier":2,"parameters":{"a":["BTC"],"c":["native"],"f":["csv","json"],"i":["10m","1h","24h"]},"queried":{"a":"BTC","path":"/v1/metrics/fees/fee_ratio_multiple"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/fees#get-v1-metrics-fees-fee_ratio_multiple","studio":"https://studio.glassnode.com/charts/fees.FeeRatioMultiple","metric_variant":{"bulk":"/fees/fee_ratio_multiple/bulk","pit":"/fees/fee_ratio_multiple_pit"}},"bulk_supported":true,"timerange":{"min":1231006200,"max":1787682000},"modified":1787683800,"descriptors":{"name":"Fee Ratio Multiple (FRM)","short_name":"Fee Ratio Multiple (FRM)","group":"Fees","tags":["on-chain","fees","mining"],"description":{"default":"**Definition.** Fee Ratio Multiple (FRM) is the ratio between total miner revenue (block rewards plus transaction fees) and transaction fees alone.\n\n**Interpretation.** FRM gauges how reliant network security is on protocol-issued block rewards versus user-paid fees, indicating how secure a chain would remain once block rewards disappear.\n\n**Notes.** Introduced by [Matteo Leibowitz](https://twitter.com/teo_leibowitz). For more information, see his introduction to [the Fee Ratio Multiple (FRM)](https://medium.com/coinmonks/introducing-fee-ratio-multiple-frm-1eada9ac9bec).\n"},"data_sharing_group":"onchain"}}
