fee_min
Tech spec
| Field | Value |
|---|---|
| API name (slug) | fee_min |
| Group | fees |
| Unit / Valuetype | sats / other |
| Shape | scalar |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/fees |
| Tier | 0 |
| Last updated | 2025-08-30 07:29 UTC |
| Docs | Open in Swagger |
Brief Description: The minimum Bitcoin transaction fee.
fee_min reflects the lowest fee paid by users to have their transactions included in the blockchain, providing insights into block space demand and transaction cost trends.
Metric variants
- _usd: fee_min denominated in USD.
- _btc: fee_min denominated in BTC.
Interpretation Understanding the fee_min metric can offer valuable perspectives on the Bitcoin network's operational state and user behavior. A rising fee_min suggests increased competition for block space, often correlating with heightened network activity or speculation. Conversely, a declining fee_min may indicate reduced network congestion or a drop in transaction demand.
Advanced Explanation The fee_min is calculated as the daily minimum of the minimum transaction fees per block.
Aggregation logic: average over time period.