NVT (Network Value to Transactions) = market cap ÷ 24h transfer volume (USD), crypto's P/E ratio: price divided by usage instead of earnings; lower means more real usage per dollar. Velocity = 24h volume ÷ total supply. Nakamoto coefficient = the minimum number of pools that together control 51% of blocks won in the last 24h, from the live pool board. All read from our node.
The live network MatMul rate, read now from the node, not a 24-hour average. This is the security signal on a chain that multiplies matrices instead of hashing: more compute pointed at BTX means a harder chain to attack and outproduce. Measured from the node's own 15-minute recordings, the only historical record of this chain.
Every 15-minute recording since March 2026. Raw series at /history.json.
Per-block ASERT retarget, decoded from block headers on our node.
The daily heartbeat of the chain: how many addresses are transacting and how many economic transactions are landing. Mining (coinbase) transactions excluded.
Unique receiving addresses in economic transactions each day. The heartbeat.
Economic transactions only. Mining coinbase transactions excluded.
What is actually moving on-chain: BTX transferred per day, and the NVT ratio that prices valuation against real usage.
Total BTX moved in economic transactions. Crosshair carries the USD value at the model price.
Crypto's P/E ratio. Market cap ÷ daily USD transfer volume: how many dollars of valuation ride on each dollar of daily usage. Bitcoin historically trades 50 to 150; lower is cheaper per unit of usage.
On a pool-dominated chain the real security question is how few hands hold the hashrate. The top pool's share, the Nakamoto coefficient, and the HHI index, from blocks won in the last 24h. Lower concentration is a harder chain to censor or reorganize.
Block share by pool, 24h rolling. Watch for any single producer approaching 51%.
The supply schedule, so dilution can be modeled instead of guessed. 960 blocks per day at 90-second target spacing; each halving at 525,000-block intervals cuts the block reward in half.
| Era | Starts at block | Est. date | BTX / block | BTX / day | Annual inflation at start |
|---|---|---|---|---|---|
| Era 1 (current) | 0 | Mar 2026 | 20 | 19,200 | — |
| Era 2 | 525,000 | ~Apr 2027 | 10 | 9,600 | ~46% |
| Era 3 | 1,050,000 | ~May 2028 | 5 | 4,800 | ~16% |
| Era 4 | 1,575,000 | ~Jun 2029 | 2.5 | 2,400 | ~7% |
Cumulative supply against the halving schedule. The approach to a fixed 21M cap.
Network activity, usage, and security health, read straight from our full node and refreshed every 15 minutes. No third-party APIs, no self-reported numbers: every figure below is reproducible from the chain itself. Download the raw data (CSV) and check it against your own node. Holder and ownership analytics live on the holders page. This is delayed on-chain data, a measurement record, not a live block feed.