Token Age Consumed metric

    For a more in-depth technical explanation of Age Consumed, please click here


    Definition

    Age Consumed shows the amount of tokens changing addresses on a certain date, multiplied by the time since they last moved.

    Spikes on the graph signal a large amount of tokens moving after being idle for an extended period of time.

    One potential use case for this metric is identifying when big market players exit the project post ICO.

    Here's the Token Age Consumed graph for Golem, an ERC-20 project that lets you rent other people's computing power. golem-age-consumed

    We can easily spot several significant spikes over time: each could be a large early investor selling their tokens, which commonly results in a parallel price decline.


    Access

    Restricted Access


    Measuring Unit

    Time passed × Token/Coin amount


    Data Type

    Timeseries Data


    Change Metrics

    Change Metrics


    Frequency

    Five-Minute Intervals


    Latency

    On-Chain Latency


    Available Assets

    Available for these assets


    API

    Available under the age_destroyed and age_consumed names, one being an alias for the other:

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    {
      getMetric(metric: "age_consumed") {
        timeseriesData(
          slug: "santiment"
          from: "2020-01-01T00:00:00Z"
          to: "2020-01-07T00:00:00Z"
          interval: "1d"
        ) {
          datetime
          value
        }
      }
    }

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