{"path":"/market/mvrv","tier":2,"parameters":{"a":["TRX"],"c":["native"],"f":["csv","json"],"i":["10m","1h","24h"]},"queried":{"a":"TRX","path":"/v1/metrics/market/mvrv"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/market#get-v1-metrics-market-mvrv","studio":"https://studio.glassnode.com/charts/market.Mvrv","metric_variant":{"bulk":"/market/mvrv/bulk","pit":"/market/mvrv_pit"}},"bulk_supported":true,"timerange":{"min":1529892000,"max":1782558600},"modified":1782560771,"descriptors":{"name":"Market Value to Realized Value Ratio (MVRV)","short_name":"MVRV Ratio","group":"MVRV","tags":["on-chain","valuation","profit_loss","unrealized_profit_loss"],"description":{"default":"**Definition.** Market Value to Realized Value (MVRV) is the ratio between market cap and realized cap.\n\n**Interpretation.** It gives an indication of when the traded price is below a \"fair value\".\n\n**Notes.** Created by [David Puell](https://twitter.com/kenoshaking) and [Murad Muhmudov](https://twitter.com/MustStopMurad). For more information, see the post on [the MVRV ratio](https://medium.com/adaptivecapital/bitcoin-market-value-to-realized-value-mvrv-ratio-3ebc914dbaee).\n"},"data_sharing_group":"onchain"}}