GuideAPI Doc

Investor Price & Thermo Price

Investor Price captures the average cost basis of circulating supply, while Thermo Price measures the cost basis of mined coins.

Formulas

I n v e s t o r P r i c e = R e a l i z e d C a p − T h e r m o C a p C i r c u l a t i n g S u p p l y InvestorPrice = \frac{RealizedCap - ThermoCap}{CirculatingSupply}
T h e r m o P r i c e = T h e r m o C a p C i r c u l a t i n g S u p p l y ThermoPrice = \frac{ThermoCap}{CirculatingSupply}

Interpretation

  • Investor Price: Reflects capital deployed by investors.

  • Thermo Price: Captures miners’ cumulative economic input.

Available Metrics