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NDF (Network Distribution Factor)

Definition

The ratio of supply held by addresses with at least one ten-thousandth of the current supply of native units to the current supply.

Name MetricID Category Subcategory Type Unit Interval
NDF (Network Distribution Factor) NDF Supply Current Ratio Dimensionless 1 day

Release History

  • Released in the version 4.9 of Network Data Pro

Interpretation

NDF is one way to assess Supply Dispersion. This ratio encompasses a broader economic group, perhaps equivalent to a combination of the middle and lower classes. It is calculated by assessing the aggregate supply in addresses holding more than 0.01% of a cryptoasset’s supply and dividing that figure by the total supply.

Availability for Assets

{% embed url="https://coverage.coinmetrics.io/asset-metrics/NDF" %}