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

Special Restrictions


Measuring Unit

Time passed × Token/Coin amount


Data Type

Timeseries Data


Frequency

Five-Minute Intervals


Latency

On-Chain Latency


Available Assets

Available for these assets


API

Available under the age_destroyed name:

1
2
3
4
5
6
7
8
9
10
11
12
13
{
  getMetric(metric: "age_destroyed") {
    timeseriesData(
      slug: "santiment"
      from: "2020-01-01T00:00:00Z"
      to: "2020-01-07T00:00:00Z"
      interval: "1d"
    ) {
      datetime
      value
    }
  }
}

Run in explorer

Was this article helpful?