/v1/nvt
NVT ratio (market cap / 90-day on-chain tx value)
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Get an API keyCode snippets
curl "https://api.oanor.com/bitcoinvaluation-api/v1/nvt" \ -H "x-oanor-key: oanor_test_..."
await fetch("https://api.oanor.com/bitcoinvaluation-api/v1/nvt", {
headers: { "x-oanor-key": "oanor_test_..." }
});
$ch = curl_init("https://api.oanor.com/bitcoinvaluation-api/v1/nvt");
curl_setopt($ch, CURLOPT_HTTPHEADER, ["x-oanor-key: oanor_test_..."]);
curl_setopt($ch, CURLOPT_RETURNTRANSFER, true);
$out = curl_exec($ch);
import requests
requests.get(
"https://api.oanor.com/bitcoinvaluation-api/v1/nvt",
headers={"x-oanor-key": "oanor_test_..."}
)
Example response
A real response from this endpoint, captured by the latest health check.
{
"data": {
"note": "The NVT ratio (NVT Signal) = market cap / 90-day average of daily on-chain transaction value (USD) — Bitcoin's price/earnings analogue. A high NVT means the network's valuation is rich relative to the economic value actually moving on-chain; a low NVT means transaction value is supporting the price. Thresholds are heuristic. Computed from blockchain.com market-cap and estimated-transaction-volume-usd. Updates daily, cached ~10m.",
"source": "blockchain.com charts (market-cap, estimated-transaction-volume-usd), keyless",
"reading": "rich — price high relative to on-chain value settled",
"indicator": "NVT Ratio (NVT Signal, 90-day)",
"nvt_ratio": 211.8,
"market_cap_usd": 1275464084672,
"tx_volume_90d_avg_usd": 6023349787
},
"meta": {
"timestamp": "2026-06-12T19:35:44.536Z",
"request_id": "fb950061-f1fe-4ca4-91f5-a69363f2afe0"
},
"status": "ok",
"message": "NVT retrieved successfully",
"success": true
}