Supply_Vaulted
Tech spec
Field | Value |
---|---|
API name (slug) | supply_vaulted |
Group | cointime statistics |
Unit / Valuetype | btc / other |
Shape | scalar |
Resolutions | block, h1, h4, h8, h12, d1 |
Endpoints | /v2/cointime_statistics |
Tier | 0 |
Last updated | 2025-08-25 18:40 UTC |
Docs | Open in Swagger |
Brief Description: The supply of Bitcoin that is dormant and does not actively participate in the economy.
It is based on the Cointime Economic framework.
Advanced Explanation The Cointime Economics paper by James Check and David Puell (Aug 23, 2023) states 'Vaulted Supply describes an equivalent sum of Bitcoin which has never been spent and represents the unspent coin volume required to generate the cumulative sum of coinblocks stored within the network. Vaulted Supply may be considered as the equivalent coin volume which is completely dormant and is not actively participating in the Bitcoin economy.'
The Vaulted Supply is computed by:
Supply_Vaulted = Supply Circulating * (1 - Liveliness)
or
Supply_Vaulted = Supply Circulating * (∑CBS / ∑CBC),
where CBD is CoinBlocks Stored and CBC is CoinBlocks Created
Reading the original papers by Check and Puell is highly encouraged. These are available here:
- https://get.glassnode.com/cointime-economics/
- https://ark-invest.com/white-papers/cointime-economics/