NVT Ratio
eCash
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
**eCash'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 eCash last read 55.55 on Sep 22, 2026, a change of -43.34% over 30 days, ranging from 0.9012 (May 6, 2026) to 1,770.66 (Feb 21, 2026).
- Latest reading
- 55.55
- Sep 22, 2026
- Change
- 1d -17.09%
- 30d -43.34%
- 90d +2.24%
- 1y +170.51%
- Range
- Low 0.9012·May 6, 2026
- High 1,770.66·Feb 21, 2026
- Coverage
- Jul 15, 2024 — Sep 22, 2026
- 800 readings
| Date | Value |
|---|---|
| Sep 11, 2026 | 48.62 |
| Sep 12, 2026 | 79.11 |
| Sep 13, 2026 | 38.55 |
| Sep 14, 2026 | 67.59 |
| Sep 15, 2026 | 33.63 |
| Sep 16, 2026 | 78.7 |
| Sep 17, 2026 | 95.64 |
| Sep 18, 2026 | 67.8 |
| Sep 19, 2026 | 58.83 |
| Sep 20, 2026 | 57.81 |
| Sep 21, 2026 | 67 |
| Sep 22, 2026 | 55.55 |
Read from our own stored series, not quoted from a page.