GuideAPI Doc

MVRV (Market Value to Realized Value)

Shows market valuation relative to on-chain cost basis.

Formula

M V R V = M a r k e t C a p R e a l i z e d C a p MVRV = \frac{MarketCap}{RealizedCap}

Interpretation

  • MVRV > 3 → Market overheating.

  • MVRV < 1 → Undervalued accumulation.

Insights
Tracks cyclical overvaluation and undervaluation phases.

Available Metrics