Definition
Blockchain metrics are quantitative measures that are used to analyze and assess the performance and behavior of a blockchain network. Metrics can provide valuable insights into the health, security, and scalability of the network, as well as the overall activity and usage of the network by its users.Details
- Blockchain Address Metrics: active address count for a given blockchain, historical adoption and usage for a specified address on Ethereum, etc.
- Blockchain Block Metrics: average block difficulty in mining, average time needed to confirm a block, average hashrate used in mining, total size of block data confirmed, total transaction fees paid to miners, and more
- Blockchain Token Metrics: total amount of token transfers, the historical velocity and number of transfers for the specified address, etc.
- Blockchain Transaction Metrics: average amount of transaction fees, total amount of transactions, total number of contract function calls confirmed in the transactions, average gas price used in the transactions, and more
API Endpoints
/blockchains/metrics/latest /blockchains/blocks/metrics/historical /blockchains/tokens/metrics/{symbol}/historical /blockchains/transactions/metrics/latest /blockchains/transactions/metrics/historicalAvailability
Blockchain-related endpoints across the On-Chain namespaces are accessible via REST API, WebSockets, and JSON RPC. A complete list of supported blockchain networks is available in the API Documentation here.Frequently Asked Questions
How are blockchain metrics used and why are they important?- Blockchain metrics are essential for understanding the health, performance, and user behavior within a blockchain network. These metrics can help analysts, researchers, and institutional participants identify trends, evaluate network activity, and support decision-making processes. The relevance of a specific metric may vary depending on the context or use case, and not all metrics carry equal weight in every analytical scenario.