NVT Ratio
Dash
Market cap divided by daily transfer volume in dollars — a price-to-earnings for a network.
Why it matters
High means valuation running ahead of use; low means use running ahead of valuation.
How it is built
Aggregated per day directly from the chain's own ledger — measured, not estimated or interpolated.
What to watch
**Dash's reading looks far lower than Bitcoin's** because the UTXO model counts change returned to the sender inside volume — so compare the metric against its own history, not across chains.
Measured on this chain
NVT Ratio on Dash last read 14.26 on Sep 22, 2026, a change of -53.55% over 30 days, ranging from 1.12 (Nov 28, 2024) to 80.51 (Jul 18, 2026).
- Latest reading
- 14.26
- Sep 22, 2026
- Change
- 1d +26.63%
- 30d -53.55%
- 90d -38.27%
- 1y -43.22%
- Range
- Low 1.12·Nov 28, 2024
- High 80.51·Jul 18, 2026
- Coverage
- Jul 15, 2024 — Sep 22, 2026
- 800 readings
| Date | Value |
|---|---|
| Sep 11, 2026 | 22.78 |
| Sep 12, 2026 | 35.86 |
| Sep 13, 2026 | 30.63 |
| Sep 14, 2026 | 35.76 |
| Sep 15, 2026 | 16.7 |
| Sep 16, 2026 | 23.52 |
| Sep 17, 2026 | 27.76 |
| Sep 18, 2026 | 23.77 |
| Sep 19, 2026 | 40.49 |
| Sep 20, 2026 | 45.18 |
| Sep 21, 2026 | 11.26 |
| Sep 22, 2026 | 14.26 |
Read from our own stored series, not quoted from a page.