Price and Daily Active Addresses Divergence

Description

The DAA Divergence metric measures the difference between the number of daily active addresses (DAA) and an asset's price movement. It helps identify whether network activity is supporting the price trend or if there's a mismatch that could signal a potential reversal. A positive divergence (higher DAA, lower price) might indicate undervaluation, while a negative divergence (lower DAA, higher price) could suggest overvaluation. For more info, read the A Primer on On-chain Trading Strategies article.

• price_daa_divergence - Divergence between an asset's price movement and daily active addresses
• adjusted_price_daa_divergence - Smoother version of price_daa_divergence, averaging data over the last 365 days

Access

Restricted Access

Measuring Unit

Divergence factor

Data Type

Timeseries Data

Frequency

Daily Intervals

Latency

On-Chain Latency

Available Assets

Available for these assets

SanAPI

Available under name: price_daa_divergence and adjusted_price_daa_divergence

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{
  getMetric(metric: "price_daa_divergence") {
    timeseriesData(
      slug: "bitcoin"
      from: "utc_now-90d"
      to: "utc_now"
      interval: "1d"
    ) {
      datetime
      value
    }
  }
}

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{
  getMetric(metric: "adjusted_price_daa_divergence") {
    timeseriesData(
      slug: "bitcoin"
      from: "utc_now-90d"
      to: "utc_now"
      interval: "1d"
    ) {
      datetime
      value
    }
  }
}

Run in Explorer