Supply-Adjusted Dormancy

Supply-Adjusted Dormancy accounts for the impact of time on the Average Coin Dormancy metric.

Indicator Overview

Supply-Adjusted Dormancy accounts for the impact of time on the Average Coin Dormancy metric. Because coin days are accrued over time, the potential CDD increases over time. As such, adjusting for supply (an increase in the number of coins in circulation over time) in the denominator provides a more proportional view of dormancy over the history of a market.

How is it measured?

Supply-Adjusted Dormancy simply divides Average Coin Dormancy by the circulating supply (total amount of coins issued).

About

Created By

Reginald D. Smith and David Puell

Date Created

June 2019

Further Resources

Reginald Smith and David Puell - Bitcoin Average Dormancy: New Views of a Classic On-Chain Metric