{"uid":"cap_DMvzx_IecLeO532lv6bs6","slug":"glassnode-mvrv-ratio-babb7724","name":"Glassnode MVRV Ratio","description":"Market Value to Realized Value Ratio (MVRV) — Market Value to Realized Value (MVRV) is the ratio between market cap and realized cap. Data by Glassnode.","url":"https://x402.glassnode.com/v1/metrics/market/mvrv","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","required":["a"],"properties":{"a":{"type":"string","description":"Asset symbol, e.g. BTC, ETH"},"c":{"enum":["native"],"type":"string","description":"Currency for denominated values, e.g. usd, native"},"f":{"enum":["csv","json"],"type":"string","description":"Response format: json or csv"},"i":{"enum":["1month","1w","24h"],"type":"string","description":"Time interval / resolution, e.g. 24h, 1w, 1month"},"network":{"enum":["aggregated","arb","base","eth","opt"],"type":"string","description":"Network / blockchain identifier for cross-chain metrics"}}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"array","items":{"type":"object","properties":{"t":{"type":"number"},"v":{"type":"number"}}}}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.05","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","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":"$0.05/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.05","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.05","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_wrwfmMmeTsx7fmj9dN0ft","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.05","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the Market Value to Realized Value (MVRV) ratio for a crypto asset, measuring whether the asset is over- or under-valued relative to its realized cap.","exampleAgentPrompt":"Can you pull the daily MVRV ratio for Bitcoin from Glassnode so I can see whether BTC is currently over- or under-valued relative to its realized cap?","exampleUseCases":null,"resultDescription":"An array of timestamped data points, each containing a Unix timestamp (t) and the MVRV ratio value (v) for the requested asset, interval, and network. The ratio above 1 indicates market cap exceeds realized cap (potential overvaluation); below 1 indicates the opposite.","failureModes":["Missing required 'a' (asset) parameter returns a 400 error","Unsupported asset symbol returns an error or empty result","Payment not provided or insufficient USDC balance triggers a 402 Payment Required response","Invalid interval or network enum value returns a 400 or 422 error","Rate limiting or network timeout returns a 429 or 503 error"],"whenToPreferThis":"Use this endpoint when you need on-chain valuation context for Bitcoin or Ethereum, specifically the MVRV ratio from Glassnode's institutional-grade data. Prefer this over generic price endpoints when the goal is assessing market cycle position, investor profit/loss, or realized value comparisons. It is ideal for on-chain analysis workflows where MVRV is a key signal.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-15T07:09:56.334Z","isFirstParty":false}