Exchange Cross-Asset Net Flow Reliance Ratio
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Exchange Cross-Asset Net Flow Reliance Ratio is a normalized, signed measure of exchange net-flow reliance across assets, displayed as a percentage. The underlying decimal is multiplied by 100, so 0.01 is shown as 1%; it is not a BTC quantity.
How to read it
Compare the sign, persistence and size of the reading within this series: a move further above zero indicates a larger positive cross-asset net-flow measure, while a move below zero indicates a negative one. The recorded range extends from about -5.23% on May 27, 2022 to 13.90% on January 31, 2015, so it is not a nonnegative share of a fixed total.
Interpretation depends on the asset basket, venue coverage and normalization used. The series alone does not reveal those weights or the exact construction, so it cannot establish which asset drove a change or whether BTC exchange balances rose. Compare like-for-like measures rather than treating a level as a stress threshold.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Institutions & Exchanges
- Type
- Single value
- Data since
- 2012-04-02
- Latest data
- 2026-10-27
- Data points
- 5,322
FAQ
Why can the cross-asset net flow reliance ratio be negative?
It is a signed net-flow measure, not a simple allocation share. The supplied history includes negative values, with a minimum near -5.23% on May 27, 2022.
Can this ratio be calculated from Bitcoin exchange net flow alone?
No. A cross-asset measure requires its asset coverage and normalization as well as the underlying flows. The displayed percentage converts the supplied decimal ratio by multiplying it by 100.
How is cross-asset reliance different from net flow to balance?
Net flow to balance compares flows with the corresponding reserve balance. Cross-asset reliance adds an across-asset construction, so the two should not be assumed to use the same numerator, denominator or coverage.
