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/historical

Availability

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.