curl -X GET "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day" \
-H "Authorization: Bearer <YOUR_API_KEY>"fetch("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day", { headers: { "Authorization": "Bearer <YOUR_API_KEY>"} })
.then(response => response.json())
.then(data => console.log(data))require('axios')
.get("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day", { headers: { Authorization: 'Bearer <YOUR_API_KEY>' } })
.then(response => console.log(response))require 'net/http'
uri = URI("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day")
req = Net::HTTP::Get.new(uri)
req["Authorization"] = "Bearer <YOUR_API_KEY>"
res = Net::HTTP.start(uri.hostname, uri.port, use_ssl: true) { |http| http.request(req) }
puts res.bodyimport requests
headers = {'Authorization': 'Bearer <YOUR_API_KEY>'}
url = "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day"
print(requests.get(url, headers=headers).json())<?php
$curl = curl_init();
curl_setopt_array($curl, [
CURLOPT_URL => "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple",
CURLOPT_RETURNTRANSFER => true,
CURLOPT_ENCODING => "",
CURLOPT_MAXREDIRS => 10,
CURLOPT_TIMEOUT => 30,
CURLOPT_HTTP_VERSION => CURL_HTTP_VERSION_1_1,
CURLOPT_CUSTOMREQUEST => "GET",
CURLOPT_HTTPHEADER => [
"Authorization: Bearer <token>"
],
]);
$response = curl_exec($curl);
$err = curl_error($curl);
curl_close($curl);
if ($err) {
echo "cURL Error #:" . $err;
} else {
echo $response;
}package main
import (
"fmt"
"net/http"
"io"
)
func main() {
url := "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple"
req, _ := http.NewRequest("GET", url, nil)
req.Header.Add("Authorization", "Bearer <token>")
res, _ := http.DefaultClient.Do(req)
defer res.Body.Close()
body, _ := io.ReadAll(res.Body)
fmt.Println(string(body))
}HttpResponse<String> response = Unirest.get("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple")
.header("Authorization", "Bearer <token>")
.asString();{
"status": {
"code": 123,
"message": "<string>"
},
"result": {
"window": "<string>",
"data": [
{
"datetime": "<string>",
"puell_multiple": 123
}
]
}
}Puell Multiple
Daily mining revenue in USD divided by its 365-day moving average.
curl -X GET "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day" \
-H "Authorization: Bearer <YOUR_API_KEY>"fetch("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day", { headers: { "Authorization": "Bearer <YOUR_API_KEY>"} })
.then(response => response.json())
.then(data => console.log(data))require('axios')
.get("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day", { headers: { Authorization: 'Bearer <YOUR_API_KEY>' } })
.then(response => console.log(response))require 'net/http'
uri = URI("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day")
req = Net::HTTP::Get.new(uri)
req["Authorization"] = "Bearer <YOUR_API_KEY>"
res = Net::HTTP.start(uri.hostname, uri.port, use_ssl: true) { |http| http.request(req) }
puts res.bodyimport requests
headers = {'Authorization': 'Bearer <YOUR_API_KEY>'}
url = "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple?asset=btc&window=day"
print(requests.get(url, headers=headers).json())<?php
$curl = curl_init();
curl_setopt_array($curl, [
CURLOPT_URL => "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple",
CURLOPT_RETURNTRANSFER => true,
CURLOPT_ENCODING => "",
CURLOPT_MAXREDIRS => 10,
CURLOPT_TIMEOUT => 30,
CURLOPT_HTTP_VERSION => CURL_HTTP_VERSION_1_1,
CURLOPT_CUSTOMREQUEST => "GET",
CURLOPT_HTTPHEADER => [
"Authorization: Bearer <token>"
],
]);
$response = curl_exec($curl);
$err = curl_error($curl);
curl_close($curl);
if ($err) {
echo "cURL Error #:" . $err;
} else {
echo $response;
}package main
import (
"fmt"
"net/http"
"io"
)
func main() {
url := "https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple"
req, _ := http.NewRequest("GET", url, nil)
req.Header.Add("Authorization", "Bearer <token>")
res, _ := http.DefaultClient.Do(req)
defer res.Body.Close()
body, _ := io.ReadAll(res.Body)
fmt.Println(string(body))
}HttpResponse<String> response = Unirest.get("https://api.cryptoquant.com/v2/indicator/valuation/puell-multiple")
.header("Authorization", "Bearer <token>")
.asString();{
"status": {
"code": 123,
"message": "<string>"
},
"result": {
"window": "<string>",
"data": [
{
"datetime": "<string>",
"puell_multiple": 123
}
]
}
}What it measures
Daily mining revenue in USD divided by its 365-day moving average. It shows when the value of coins issued per day is historically high or low — and historically, where buying has paid off. Created by David Puell. 📖 Data Guide: Puell Multiple — definition, interpretation, and chart examples.Assets and windows
| Asset class | What it covers | Assets | Windows |
|---|---|---|---|
| Bitcoin | the native asset of Bitcoin, asset=btc | btc | hour · day |
day.
Response fields
The time key isdatetime for every window of this endpoint (hour, day).
| Field | Type | Description |
|---|---|---|
puell_multiple | number | Daily mining revenue in USD divided by its 365-day moving average. |
Authorizations
For each API request, include the Authorization HTTP header with Bearer {access_token}.
Query Parameters
Asset to query, by its CryptoQuant alias (no chain suffix — usdt, not usdt_eth). 1 asset is available on this endpoint, across the asset class btc. Enumerate them with /v2/discovery/endpoints.
Chain the asset lives on. Optional for an asset that exists on exactly one chain, required when the same alias exists on several.
bitcoin Aggregation window. Which windows are valid depends on the asset — see the endpoint page. Defaults to day.
hour, day Inclusive start time, YYYYMMDDTHHMMSS (UTC). If window=day, YYYYMMDD is also accepted.
Inclusive end time, YYYYMMDDTHHMMSS (UTC). If window=day, YYYYMMDD is also accepted.
Maximum rows returned (default 100, max 10000).
x <= 10000Response format: json (default) or csv.
json, csv