{"path":"/indicators/velocity","tier":2,"parameters":{"a":["ETH"],"c":["native"],"f":["csv","json"],"i":["10m","1h","24h"],"network":["aggregated","arb","base","eth","opt"]},"queried":{"a":"ETH","path":"/v1/metrics/indicators/velocity"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/indicators#get-v1-metrics-indicators-velocity","studio":"https://studio.glassnode.com/charts/indicators.Velocity","metric_variant":{"bulk":"/indicators/velocity/bulk","pit":"/indicators/velocity_pit"}},"bulk_supported":true,"timerange":{"min":1438226400,"max":1782503400},"modified":1782505532,"descriptors":{"name":"Velocity","short_name":"Velocity","group":"NVT","tags":["on-chain","valuation"],"description":{"default":"**Definition.** Velocity measures how quickly units are circulating in the network.\n\n**Technical.** Computed as on-chain transaction volume (in USD) divided by market cap, the inverse of the NVT ratio.\n\n**Interpretation.** Readings above 1 mean the entire market cap circulates on-chain more than once per day, while readings below 1 mean coins are sitting still relative to network value.\n"},"data_sharing_group":"onchain"}}