Metric name: Supply-Adjusted CYD
Chart:
API: https://chainmetrics.com/api/m34_cdd_365_supp_adj?apikey=[YOUR-API-KEY-HERE]
Metric description: Coin Years Destroyed (CYD) is defined as the 365 day rolling sum of Coin Days Destroyed (CDD), and shows the amount of coin days that have been destroyed over the past year. It is indicative of long-term holder behaviour. This version is supply-adjusted to account for the increasing baseline of the metric over time.
Chart:
API: https://chainmetrics.com/api/m34_cdd_365_supp_adj?apikey=[YOUR-API-KEY-HERE]
Metric description: Coin Years Destroyed (CYD) is defined as the 365 day rolling sum of Coin Days Destroyed (CDD), and shows the amount of coin days that have been destroyed over the past year. It is indicative of long-term holder behaviour. This version is supply-adjusted to account for the increasing baseline of the metric over time.