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.
Amberdata provides metrics in multiple different areas throughout our API:
- 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
Our Blockchain endpoints found throughout the different On-Chain namespaces are available via REST API, WebSockets or JSON RPC. The list of supported Blockchain networks can be found in the API Documentation here.
Since we maintain our own nodes, we have every event from the genesis block forward which enables us to provide complete historical datasets for most chains we support.
If I want to put in a request for a metric you don't currently support, how can I do that?
- We love to hear feedback from our users and highly encourage it. If you see something missing from our API, please don't hesitate to contact us on our website. Provide all the details and information you can around your request and someone will reach out to you!
How are blockchain metrics used and why are they important?
- By monitoring and analyzing certain metrics, blockchain enthusiasts and investors can gain a deeper understanding of the performance and behavior of a blockchain network, and make more informed decisions about investing in or using the network. However, it is important to note that not all blockchain metrics are created equal, and some may be more meaningful or relevant depending on the specific use case or context.
Updated about 1 year ago