Supply Velocity
supply_velocityOn-chain supply turnover measuring the rate coins change hands relative to float.
How the factor is constructed
Supply Velocity measures changes in token supply dynamics, capturing inflationary and deflationary pressures across crypto assets and reflecting the fundamental relationship between token supply and asset performance. It is inspired by the observation that supply inflation can lead to underperformance as crypto matures into a more fundamental-driven market.
The universe consists of the most liquid and actively traded assets, identified on a rolling basis and survivorship-bias free. Positions are scaled by the inverse of rolling volatility; the factor is available point-in-time with hourly updates.
Supply Velocity vs. factor average
This .40 series is a tradeable but demonstrative model portfolio — a liquid top-40 implementation that evidences Supply Velocity's cross-sectional predictive power. The product is the raw factor data: clients license it and apply it within their own models, universes and risk frameworks.
| Period | Return | EW avg | Ann. vol | Sharpe | Max DD |
|---|---|---|---|---|---|
| 1 month | +0.00% | — | — | — | 0% |
| 3 months | +0.00% | — | — | — | 0% |
| Year to date | +0.00% | — | — | — | 0% |
| 1 year | +0.00% | — | 0% | 0.00 | 0% |
| Since inception | +0.00% | — | 0% | 0.00 | 0% |