{"uid":"cap_BqVOko_c3p5Az2lRhCPUA","slug":"puell-multiple-bitcoin-on-chain-indicator-118904aa","name":"Puell Multiple Bitcoin On-Chain Indicator","description":"Backed by vergex.trade. Pay for any API with USDC. No API keys. No registration. Just a wallet.","url":"https://claw402.ai/api/v1/coinank/indicator/puell-multiple","method":"GET","headers":{},"bodySchema":{"type":"object","properties":{"properties":{"type":"string"}}},"responseSchema":{"type":"json","example":{"code":0,"data":[]}},"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.002","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"settled","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.002/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.01","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.01","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_Zh3t1da_Uyc14c4I99m8J","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.01","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Fetches the Puell Multiple on-chain indicator for Bitcoin market cycle analysis via a USDC-paid, keyless API gateway","exampleAgentPrompt":"What's the current Puell Multiple for Bitcoin right now — is it in the overvalued or undervalued zone?","exampleUseCases":null,"resultDescription":"Returns a JSON object with a code field (0 for success) and a data array containing the current Puell Multiple value, which represents the ratio of daily Bitcoin miner revenue to its 365-day moving average, used to identify market cycle tops and bottoms.","failureModes":["Payment not received — returns HTTP 402, requires USDC payment via x402 protocol","Invalid or malformed properties parameter — may return empty data array","Upstream CoinAnk data unavailable — data array may be empty with code 0","Network timeout from underlying vergex.trade/CoinAnk provider","Rate limiting or payment processing delay on the x402 gateway"],"whenToPreferThis":"Use this endpoint when you need real-time or current Puell Multiple data for Bitcoin on-chain cycle analysis without managing API keys or subscriptions — payment is per-call in USDC via the x402 protocol, making it suitable for lightweight or infrequent lookups by AI agents or automated workflows.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-13T12:55:15.673Z","isFirstParty":false}