Messari Metrics

For a nascent industry like crypto to flourish, a transparent and detailed methodology for metrics and classifications is crucial. The Messari library is composed of 100+ quantitative metrics available throughout our industry-leading data and research platform. You can learn more about each quantitative metric below. You will also find the finer details with respect to the four most important metrics: price, volume, supply, and market capitalization in our Methods page. To learn more about our qualitative classifications, head to our Classifications page.

Note that some of our metrics and classifications are only available to Messari Pro users. Visit this page to learn more about Messari Pro.

Standard

Since every cryptoasset can be traded on more than one exchange and as more than one pair (e.g., BTC/USD, BTC/USDT, BTC/EUR), we need a way to aggregate these different prices. The Messari aggregate price is a 24-hour volume-weighted average (VWAP) across various exchanges and pairs, quoted in USD. You can learn more on our Price methodology in our Proprietary Methods page.

Price USD

This is the asset's recent trading price (averaged across a number of exchanges) in US Dollars.

Price BTC

This is the asset's price in terms of Bitcoin. For example, if Bitcoin is trading at $4000 and Monero is trading at $100, the price of Monero in BTC terms would be $100 / $4000 = 0.025 BTC. Note that if an asset is trading under 0.0001 BTC, OnChainFX quotes the BTC price in "sats", which is short for "satoshis", the smallest fractional unit of Bitcoin. 1 sat = 0.00000001 BTC.

Change vs USD (24H)

This is the percentage change in the current marketcap of an asset, vs USD, compared with 24hrs ago.

Change vs BTC (24H)

This is the percentage change in the BTC-denominated current marketcap of an asset, compared with 24hrs ago.

Marketcap

The Marketcap of a given cryptoasset is calculated by multiplying its price by its supply. However supply characteristics of cryptoassets differ from all other asset classes. Issuance of new supply is determined by a mix of algorithmic issuance, asset creators’ discretion, decentralized stakeholder voting, and other mechanisms. The variety of approaches taken across the top 20 assets, not to mention the thousands of other existing assets, is extreme. As such, these assets require novel, but precise ways of defining and discussing supply, and thus Marketcap. You can learn more on our Supply & Marketcap methodology in our Proprietary Methods page.

Liquid Marketcap

Liquid Marketcap is calculated by multiplying the current Price USD of the asset by its Liquid Supply. Liquid Supply refers to tokens that exist on-chain, and which are not known to be encumbered by any contracts (programmatic or legal).

Reported Marketcap

Reported Marketcap is calculated by multiplying the current Price USD of the asset by its Reported Supply. Reported Supply is the supply amount commonly reported in the industry. Reported Supply across assets can be inconsistent.

Y+10 Marketcap

The Y+10 Marketcap is the marketcap of the asset accounting for known issuance 10 years into the future. It is calculated by multiplying the current Price USD of the asset by its Y+10 Supply.

Y2050 Marketcap

The ~Fully Diluted (Y2050) Marketcap is the marketcap of the asset accounting for known issuance until 2050. It is calculated by multiplying the current Price USD of the asset by its Y2050 Supply.

Volume

It is well known that many exchanges conduct wash trading practices in order to inflate trading volume. They are incentivized to report inflated volumes in order to attract traders. This is why we included the “Real 10” 24hr volume in our Volume metrics. You can learn more on our Supply & Marketcap methodology in our Proprietary Methods page

Real Volume (24H)

As of early 2019, it is suspected that the majority of reported global trade volume is due to wash-trading or other practices that are not representative of well-functioning markets. This 'Real Volume' metric omits volume from exchanges that don't show consistent patterns of well functioning markets. The 10 exchanges meeting that criteria, as identified by Bitwise Investments are: Binance, Kraken, Bitfinex, Coinbase, Bitstamp, BitFlyer, Gemini, itBit, Bittrex, and Poloniex.

Reported Volume (24H)

As of early 2019, it is suspected that the majority of this volume is due to wash-trading or other practices that are not representative of well-functioning markets. For a volume figure that does not include exchanges that are widely suspected of such practices, please see our 'Real 10 Volume' metric.

Volume Overstatement Multiple -Messari Pro

This is the ratio of Reported 24hr Trade Volume to Real-10 24hr Volume.

Volume Turnover (24H) -Messari Pro

The volume turnover is a measure of market transaction volume of an asset. It is calculated by dividing the Real 10 Volume of a cryptoasset by the Liquid Market Capitalization. A high daily volume and low liquid market cap will result in a relatively high turnover ratio, whereas a low daily volume and high liquid market cap will produce a relatively low turnover ratio. This ratio can be used to understand price momentum.

Supply

Supply characteristics of cryptoassets differ from all other asset classes. Issuance of new supply is determined by a mix of algorithmic issuance, asset creators’ discretion, decentralized stakeholder voting, and other mechanisms. The variety of approaches taken across the top 20 assets, not to mention the thousands of other existing assets, is extreme. As such, these assets require novel, but precise ways of defining and discussing supply, and thus Marketcap. You can learn more on our Supply & Marketcap methodology in our Proprietary Methods page.

Liquid Supply

Liquid supply is the number of units that currently exist on-chain and which are not known to be encumbered by any contracts. Note that an encumbering contract could be both an on-chain smart-contract, or a traditional human-space legal contract. Thus, this figure takes into account both on-chain-lockups, and founder/investor vesting and lockup periods. Until more of these contracts are discoverable on-chain, this will be a challenge to predict uniformly, one thing we are working to standardize with our Messari disclosures registry.

Reported Supply

Reported Supply is the supply amount commonly reported in the industry. Reported Supply across assets can be inconsistent.

Current Inflation -Messari Pro

Current inflation is calculated by taking the projected 12month increase in Liquid Supply and dividing by the Liquid Supply today. This gives a good estimate of dilution that an investor may suffer due to inflation over the course of the next year. Note that various assets have significant supply shocks (halvings, vesting expiry, etc) in their projected supply dynamics, and this can cause 12-month inflation rates to vary significantly at different points in time.

Stock to Flow

Stock to Flow is calculated by taking the Liquid Supply today and dividing by the projected 12month increase in Liquid Supply. This is essentially the inverse of Current Inflation. The value is undefined by assets with fixed or decreasing Liquid Supply. To learn more, see this in-depthresearch on Bitcoin's Stock To Flow.

Y+10 Supply

The Y+10 Supply refers to the estimated supply of coins that will be liquid 10 years from today.

% Y+10 Supply Issued -Messari Pro

% Y+10 Supply Issued is the percent of the Y+10 supply that's currently liquid on the market today.

Y2050 Supply

Y2050 Supply is the supply of coins that will be liquid in January 2050 according to the current asset’ specifications.

% Y2050 Supply Issued

% Y2050 Supply Issued is the percent of the Y2050 supply that's currently liquid on the market today. This figure gives an at-a-glance sense of the assured dilution an investor faces for a given asset. For example, if the Supply % Issued is 10%, then an investor taking a position today will experience ten-fold dilution by Jan 1st 2050. On the other side of the spectrum, if an asset's Supply % Issued is 95%, then today's investor will only expect to experience an additional ~5% dilution. Note that sometimes an asset's expected eventual supply changes as the community (or company) behind the asset decides to make a significant change.

Maximum Supply -Messari Pro

Maximum Supply is the maximum supply defined by the protocol for cryptoassets that have a capped supply.

You can also visit our individual asset pages to learn more about the supply dynamics and monetary policies of each cryptoasset.

Liquidity

Messari provides various metrics under a “Liquidity” umbrella, which are derived from bid and ask order book data across Real10 exchanges. These metrics can help users understand how much price might move in response to sell orders of various sizes, and therefore how reliable certain metrics that are computed from price might be, such as market cap. Since these metrics are using averages (see details below), they are not intended for day traders looking to execute transactions, but rather for analysts looking to better understand broad market structure. These metrics when looked at over time, should provide a good general picture of an asset’s market realities, and how they compare to that of other crypto assets. You can learn more on our Liquidity methodology in our Proprietary Methods page.

Clearing Price

This is the price, denominated in USD, that would result from selling a given cumulative volume of the base asset. This is based on averaged order book data from the Real 10 exchanges' market pairs for a given asset.

% Move to Clear

This is the price movement (%) that would result from selling a given cumulative volume of the base asset. This is based on averaged order book data from the Real 10 exchanges' market pairs for a given asset.

Liquidity Adjusted Marketcap

This is a market cap calculation that accounts for price-slippage that would, in theory, result from sell orders. It is calculated by multiplying the clearing price to sell a given cumulative volume by the current liquid supply of the base asset. This is based on averaged order book data from the Real 10 exchanges' market pairs for a given asset.

On-Chain Data

Messari uses uses On-Chain Data provided by Coin Metrics. Coin Metrics delivers market and network data, analytics, and research to the community and wider industry.

Transaction Volume (24H, USD)

Tx Vol (24hr, USD) is the sum of all transaction outputs belonging to the blocks mined on the given day', ignoring knowable 'change' outputs.* Note that for Ripple and Stellar, transaction volume refers only to the value of the native XRP and XLM transferred, respectively.

Adjusted Transaction Volume (24H, USD)

This is the estimated on-chain transaction volume in USD for the past 24hrs, adjusted to try and remove some types of 'non-economic' transactions.

To learn more about the issues calculating transaction volume, see Coinmetrics' posts:

• On the difficulty of estimating on-chain transaction volume
• An important network value to transaction ratio caveat
• Introducing our adjusted transaction volume estimates

Median Transaction Volume (USD)

This is the value in USD of the median transaction over the past 24hrs. Note that the median transaction is not necessarily the median payment. This means that the median transaction value can be 0 - this occurs in cases where more than half of a chain's daily transactions transfer a value of 0, as can easily happen often for smart-contract chains which may not focus on economic value transfer (payments).

NVT Ratio

NVT Ration is the ratio of the current Network Value (ie, current marketcap) to estimated daily on-chain Transaction volume. For the transaction volume component of NVT, we use a daily-average over 7-days to smooth out very short term spikes in transaction volume that sometimes occur.NVT essentially attempts to describe how much of a value multiple the market is assigning to an asset's actual direct usage. NVT has therefore been described as the 'PE' equivalent for crypto-assets.

There are, however, several caveats to be aware of with respect to NVT:

1) It is difficult or impossible to directly calculate the denominator - on-chain transaction volume - for many coins. This results from the details about how transactions for most types of coins appear in the public blockchain - it is often difficult or impossible to figure out how much is being *spent* by a transaction versus how much is being returned to the sender as *change*. Note that this caveat applies to 'UTXO' based coins like Bitcoin and it's derivatives, but *not* to 'Account' based coins such as Ethereum and Ethereum Classic.

Coin Metrics calculates transactions volume "as the sum of all transaction outputs belonging to the blocks mined on the given day" and does not try to apply any heuristics to attempt to identify 'change' volumes where it's not certain what's change and what isn't. Please see Coin Metrics' blog post detailing these issues. While this method does not tell you 'real' usage (it over-estimates actual spend significantly), it does provide a 'pure' measure that doesn't rely on any assumptions. Thus, we feel that these figures are likely (but not guaranteed!) to be comparable across coins of similar transaction type.

2) The magnitude of NVT (and also transaction volume) is not comparable across coins of different transaction types! For example, Bitcoin and coins derived from it use a 'UTXO' based transaction model where it's often difficult or impossible to tell how much is being spent versus how much is being returned to the sender as change for a given transaction. By contrast, Ethereum and its derivatives use 'Account' based transactions that do not have this ambiguity. Thus, transaction volume is over-estimated for Bitcoin and derivative coins, but likely *not* over-estimated for Ethereum and its derivatives.

Adjusted NVT Ratio

This figure is using the adjusted transaction volume, defined above, to calculate the NVT Ratio.

Active Addresses

This is the number of unique addresses that participated in a transaction at any point during the past 24hrs. Note that for Monero, CoinMetrics states that the active-addresses figure reports "an upper bound for this metric (calculated as sum of input and output count), as the precise value is unknowable due to stealth addresses technology."

Transactions (24H)

This is the number of transactions that occurred in the prior 24hr period, excluding transactions for issuing new coins.

Payments (24H)

This is the value in USD of the newly issued coins in the prior 24hr period.

New Issuance (24H, USD)

This is the value in USD of the newly issued coins in the prior 24hr period.

Fees (24H, USD)

This is the value in USD of the fees in the prior 24hr period.

Median Fee (USD)

This is the value in USD of the median fee in the prior 24hr period.

Average Difficulty

This is the average network mining difficulty in the prior 24hr period.

Kilobytes Added (24H)

This is the data-size in kilobytes (KB) added to the chain in the prior 24hr period.

Blocks (24H)

This is the number of blocks added to the chain in the prior 24hr period.

Consensus

Targeted Block Time (in Secs) -Messari Pro

This is the targeted time interval (in seconds) between two blocks, as defined by the specifications of a given cryptoasset. The actual observable on-chain block time may slightly differ from this value.

Block Reward -Messari Pro

The block reward refers to the newly minted coins awarded to the creator of a new block. This figure does not include potential transaction fees that can also be awarded to the creator of a new block. You can learn more on block rewards on our dedicated resource page.

Staking Stats

Messari uses Staking Stats provided by Staking Rewards. Staking Rewards curates knowledge and data on Proof-of-Stake Protocols which enable passive returns through staking.

Annualized Staking Yield

This is the annualized yield for staking at current supply levels.

Real Annualized Staking Yield

Real Yield is the annual yield expected from staking, after accounting for the network's liquid supply inflation. Real Yield is calculated as the nominal staking yield adjusted for the liquid supply inflation rate. Note that Real Staking Yield is calculated using Messari proprietary liquid supply inflation data.

Tokens Staking

This is the number of tokens currently staking on the network.

% Network Staking

This is the % of current reported supply that is currently staking.

Staking Minimum

This is the required or recommended minimum number of tokens needed to stake.

You can learn more on Staking on our dedicated resource pages:

• Staking
• Staking-as-a-service
• Generalized Mining

Mining Data

Messari uses Mining Data provided by WhatToMine and NiceHash.

Hash Rate

This is the total hash-rate of the network. Note that the hash-rates of coins with different mining algorithms are NOT comparable from a security perspective, since different mining algorithms can require vastly different computation resources per hash.

% on Nicehash

This is the fraction of a 51% attack's hash-rate that's currently available for rent on NiceHash. NiceHash is a market for crypto mining power, where users can buy or sell mining compute power. For some coins, it is possible, in theory, to rent enough hash-power on NiceHash to mount a 51% attack on the coin. For other coins, only a small fraction of the required 51% hashrate is available on NiceHash. This metric may be much less than 100% (in which case not enough hash-power is for rent on NiceHash to mount a 51% attack), or much more than 100% (in which case plenty of hash-power is available for rent, in theory).

Attack Cost (1H)

This is the theoretical cost to rent enough hash-power on NiceHash right now to 51% the network for an hour.

Attack Cost (24H)

This is the theoretical cost to rent enough hash-power on NiceHash right now to 51% the network for a day. Note that this 24hr figure is only intended to give a rough idea of potential cost. There is considerable churn in the NiceHash market, and furthermore, the act of carrying out an attack could significantly affect the hash-power market itself.

Next Halving Date -Messari Pro

This is an estimation of the upcoming data at which a halving (block reward reduction mechanism) should occur for a given Proof-of-Work cryptoasset, calculated based on the average observed block time of the past 6 months. Note that the Next Halving Dates are calculated using Messari proprietary supply data.

You can learn more on Mining on our dedicated resource pages:

• Hash Power
• Hash Function
• Halving
• Merge Mine
• Mining

All Time High & Cycle Low

Notes about how Messari determines ATH:

We ignore the first 10 days of trading when calculating All-Time-High. This is due to the fact that the first few days of trading for an asset can often be exceptionally volatile; thus, any ATH made during this period often carries little valid price signal. As an example, below is a weekly ZCash chart. Note the extreme first week of trading.

The ATH quote is not necessarily the absolute highest single trade price. Due to the nature of the historical data we analyze, we are not always able to look at every trade for an asset. For some assets, the ATH quoted may refer to the All-Time-Highest daily average, or a price-sample on the day the All-Time-High occured.

ATH (USD)

This is the All-Time-High ('ATH') trading price for the asset, in USD.

Time from ATH

This is the number of days that have passed since the asset had its All-Time-High trading price (vs USD).

% Down from ATH

This is how far down the asset is currently trading from it's All-Time-High (in USD) price. For example, if an asset's All-Time-High price was $120, and it's currently trading at $80, it is therefore 33% down from it's ATH. Note that this number will be '0%' on days when the asset is making new All-Time-Highs.

Breakeven Multiple

This is the multiple by which the current price will have to rise in order to re-gain the All-Time-High. Note this is a *multiple*, not a percentage. For example, if an asset's All-Time-High price was $120, and it's currently trading at $15, the breakeven multiple will be 8x. That is, the asset must experience an 8-fold gain in order to get back to its previous All-Time-High.

Cycle Low (USD)

This is the lowest trading price (in USD) of the asset since its All-Time-High. Note that the Cycle Low quote is not necessarily the absolute lowest single trade price. Due to the nature of the historical data we analyze, we are not always able to look at every trade for an asset. For some assets, the Cycle Low quoted may refer to the lowest daily average since the ATH, or a price-sample on the day the Cycle Low occured.

Time Since Low

This is the number of days that have passed since the asset had its Cycle Low trading price (vs USD).

% Up Since Low

This is how much the asset has risen from its Cycle Low (in USD) price. For example, if an asset's All-Time-High price was $120, and it subsequently traded at $15, but is now trading at $25, it's % up from Low will be 66.7%

Short-Term ROI

An asset ROI is its raw percentage return over a defined period. Messari presents ROI of an asset vs both USD and BTC over the past 7 days, 30 days, 90 days, and 1-year period. The asset price performances (ROIs) from the beginning of the current month, quarter and year are also presented, but are reserved to Messari Prousers.

ROI by Year

ROIs by Year are the raw percentage return of an asset from the beginning of a given year to the end.Messari presents ROIs by Year from 2011 to 2018.

Risk Metrics

Volatility is defined as the annualized standard-deviation of daily returns. The Sharpe Ratio measures the excess return for a given level of risk. If you earned excess return greater than the amount of risk you will have a positive Sharpe Ratio. Likewise, if you had a negative excess return, or a positive return with higher volatility, you will have a negative Sharpe ratio.

Messari Prousers have access to Volatility and Sharpe Ratio over the past 30 days, 90 days, 1-year and 3-years of daily returns.

Launch

Initial Supply -Messari Pro

This is the initial number of tokens that were issued at the launch of the asset.

% Initial Supply - Investors -Messari Pro

This is the percentage of the total initial supply that was allocated to Initial Investors at the launch of the asset.

% Initial Supply - Pre-mine & Airdrops -Messari Pro

This is the percentage of the total initial supply that was airdropped or reserved for future block production rewards at the launch of the asset.

% Initial Supply - Organizations & Founders -Messari Pro

This is the percentage of the total initial supply that was allocated to the Founders or the Project Operations (Organization(s) behind the project) at the launch of the asset.

Token Sale Stats

Messari uses Token Sale Stats provided by TokenData. TokenData lists and provides data on past, current and upcoming Initial Coin Offerings (ICO) and token sales.

Token Sale Proceeds (USD)

This is the amount raised during the project's ICO/initial-sale. Sale figures include amounts raised in all currencies (both fiat and crypto), where information is known.

Sale Start Date

This is the date that the project's ICO/initial-sale started.

Sale End Date

This is the date that the project's ICO/initial-sale ended.

Change vs USD (Since Sale)

This is the return generated to today, versus USD, of a purchase made during the token sale at the average token sale price. Note that some sales span a significant amount of time (for example, EOS' 1yr long sale period). The ROI computed here is based on the average token sale price across the whole token sale time frame, and may differ significantly from ROI that would have occurred from purchases made at various specific points during the sale. Note that the ROIs Since Sale (vs USD) are calculated using Messari proprietary price data.

Github Data

Note that there are often many repositories associated with a given asset or project, but Github stats shown here on Messari are pulled from what we consider the 'primary' repository for an asset. Occasionally it's not straightforward to determine which repository should be considered the primary one (or the project/asset is such that there just isn't a primary repo). In such cases, we select the repo that most closely defines the unique aspects of the project. This is usually a repo that defines the core node client for the asset, or a set of smart contracts. Note that in some cases, this means we're not reporting stats from the most popular repo for project. This is because it is sometimes the case that a project has, for example, a wallet repo or helper-sdk that has more stars/watchers/activity than the core node or contracts repo. The specific repository that Messari is using is reported in the 'technology' section on the asset detail pages.

Stars

This is the number of stars that the asset's main Github repository has.

Watchers

This is number of Watchers that the asset's main Github repository has.

Commits (90D)

This is the number of commits to the asset's main Github repository in the last 90 days.

Commits (1Y)

This is the number of commits to the asset's main Github repository in the last year.

Lines Added (90D)

This is how many lines of code have been committed to the asset's main Github repository in the last 90 days.

Lines Added (1Y)

This is how many lines of code have been committed to the asset's main Github repository in the last year.

Lines Removed (90D)

This is how many lines of code have been removed from the asset's main Github repository in the last 90 days.

Lines Removed (1Y)

This is how many lines of code have been removed from the asset's main Github repository in the last year.

Ratings

Messari uses Ratings provided by Flipside Crypto and TokenInsight. Flipside Crypto produces and distributes FCAS, a single, consistently comparable value for measuring cryptocurrency project health. TokenInsights is dedicated towards providing accurate cryptocurrency ratings based on risk and quality in order to help investors and institutions to reduce liabilities and make more intelligent financial decisions

Flipside FCAS Grade

Flipside Crypto states: "FCAS ratings are on a 0-1000 point scale with a corresponding letter grade." Letter grades are:

S - Superb (900-1000 points)

A - Attractive (750-899)

B - Basic (650-749)

C - Caution (500-649)

F - Fragile (Below 500)

Flipside FCAS Rating

Flipside Crypto states: "FCAS ratings are on a 0-1000 point scale with a corresponding letter grade. The number rating is derived from Developer Behavior, User Activity, and Market Maturity Subscores."

Flipside Dev Score

The FCAS 'Development Behavior' Score is a component of Flipside Crypto's overall FCAS Rating, and is an indicator of how active and efficient a development community is on a specific blockchain or project, derived from 30 data points across three factors: Code Changes, Code Improvements, and Community Involvement.

Flipside Utility Score

The FCAS 'User Activity' score is a component of Flipside Crypto's overall FCAS Rating, and is an aggregate measurement of all customer behavior for a specific project, comprised of Project Utilization and Network Activity factors.

Flipside Market-Maturity Score

The FCAS 'Market Maturity' score is a component of Flipside Crypto's overall FCAS Rating and represents the likelihood a crypto asset will provide consistent returns across various market scenarios by combining assessments of market risk, as well as an analysis of the stability of the Money Supply of each tracked project.

TokenInsight Grade

This rating is a letter grade, with the following scale:

AAA, AA, A

BBB, BB, B

CCC, CC, C

D.

TokenInsight Team, Subject & Ecology Score

TokenInsight states: “Team qualification and validity are currently extremely important in the rating process as most token projects are still at an early stage of development. We define the project team as multiple groups involved in the project, including operating and technology teams, industry consultants, external investing institutions, compliance advisors and foundations.”

TokenInsight Subject Score

TokenInsight states: “TokenInsight performs assessments in terms of technology, market valuation, business model, project landing and more. Due to ratings being highly vulnerable to technology updates, business model updates, market variation and other alterable factors..”

TokenInsight Ecology Score

TokenInsight states: “TokenInsight performs a credible ecological assessment on the token mechanism, cooperating institutions, secondary markets, popularity, and some other aspects, and demonstrates the project's environmental viability.”

Miscellaneous

Vladimir Club Cost

The Vladimir Club refers to owning 1% of 1% of an asset's eventual supply. For example, bitcoin's supply is fixed to 21,000,000 coins. Therefore, to be "in the Vladimir Club" for bitcoin requires: 21,000,000 * 0.01 * 0.01 = 2100 BTC. The term "Vladimir Club" was coined on the Bitcointalk forum in 2011 or 2012 by user Vladimir, and turns out to be a convenient metric for comparing cost to own a percentage of one cryptoasset vs another. Messari uses the Y2050 supply as the 'eventual supply'.

Price if BTC-Normalized Supply

This is the price the asset would be if it had the same current supply as Bitcoin. We first saw this metric tweeted by @boxmining on Jan 4th 2018. The specific calculation OnChainFX is using is simply: asset's current marketcap divided by bitcoin's current supply. Thus, we are normalizing supply and backing out price assuming marketcap stays the same. As with the various types of marketcap comparisons, we hope that this framing will help people better understand how the market is pricing assets compared to one another.

Price if BTC-Normalized to Y2050 Supply

We first saw this metric tweeted by @boxmining on Jan 4th 2018. The specific calculation Messari is using is simply: asset's Y2050 marketcap divided by bitcoin's Y2050 supply.

Age -Messari Pro

This is how old the asset is with respect to when it became tradeable. For proof-of-work released assets such as bitcoin, this is synonymous with the timestamp on the genesis block (ie, when the first block was mined). For some ICO assets, though, the token became tradeable before the network launched. OnChainFX uses the tradeability date as the asset's 'age' since price-discovery has been freely occurring since that date.

Genesis Block Date -Messari Pro

This is the date of the genesis block (ie, when the first block was mined).

Has Experienced Of 51 Percent Attack? -Messari Pro

This indicates if the cryptoasset has experienced a 51% attack since its launch. A 51% attack is when one person or group gains more than half of a blockchain’s resources (hash power in PoW, tokens in PoS) in order to reverse a transaction. You can learn more on 51% attack on our dedicated resource page.

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