Trust layer

Methodology & Data Sources

How Nimiq FYI builds its public market, supply, activity, liquidity and alert-context metrics. This page is intentionally public: useful analytics should also be auditable.

← Back to Nimiq FYI
Coverage model Public, UTC, source-bound
Premium wallet evidence remains gated; aggregate methodology does not.

Principles

Nimiq FYI favors transparent, source-bound metrics over opaque scores. Market data, chain data and alert metadata are kept conceptually separate, then joined only where the interpretation requires it.

Timezone
Daily public metrics use UTC calendar days unless a chart explicitly shows an intraday/hourly view.
Refresh cadence
Market and public dashboard APIs are refreshed and cached in short windows; heavy chain-derived analytics are precomputed before being served.
Privacy boundary
Public pages show aggregate series, formulas and limitations. Wallet-route evidence, private clusters and subscriber delivery details remain gated.
Market

NIM Price & Market Cap

Tracks NIM/USD, NIM/BTC sats, daily volume and adjusted circulating market capitalization.

Primary source
CryptoCompare market prices, using NIM/USDT plus NIM/BTC and NIM/ETH pairs normalized to USD when available.
Fallbacks
Earliest gaps may use CoinCarp or other documented historical patches where CryptoCompare coverage is incomplete.
Formula
Adjusted market cap = daily NIM/USD close × adjusted circulating supply.
Limitations
Small-market exchange outages, thin liquidity and pair-specific anomalies can temporarily distort volume or close prices.
Open price chart →
Supply

Circulating Supply

Separates total minted NIM from vesting-adjusted circulating supply so price and market-cap history are comparable across unlock eras.

Formula
Circulating supply = total minted supply − still-locked vesting allocations.
Schedule
Known allocation buckets are shown explicitly: community, crowdsale, foundation, good cause, early contributors and creators.
Use
Used by public market-cap calculations and long-range valuation comparisons.
Limitations
Circulating supply is an economic convention: unlocked does not necessarily mean liquid or exchange-available.
Open supply chart →
On-chain activity

Daily Active Addresses

Counts unique Nimiq addresses with at least one indexed ledger movement per UTC day, with modes for all, sender-only, receiver-only and newly-seen addresses.

Dataset
Public chain-history index built from Nimiq ledger data available to the analytics backend.
Modes
All active addresses, senders, receivers and new addresses are split to reduce overinterpretation of a single aggregate line.
Interpretation
Best read as a trend and breadth indicator, especially with smoothing, not as a perfect user count.
Limitations
One person can use multiple addresses; one service can represent many people; dust/noise can affect short windows.
Open active-address chart →
Liquidity

Exchange Dominance

Shows each tracked venue's share of observed NIM trading volume, useful for liquidity concentration and market-structure shifts.

Primary source
CryptoCompare exchange-level NIM market data across available pairs, normalized to USD.
Patches
Known venue gaps can be patched from direct exchange or historical sources where appropriate and documented internally.
Formula
Exchange dominance = venue USD-normalized NIM volume ÷ total tracked NIM volume for the same interval.
Limitations
Dominance sums to 100% of tracked venues, not necessarily every off-chain or OTC NIM market.
Open exchange-dominance chart →
Elite intelligence

Flow Alerts

Telegram-native alerts for whale-size movement, exchange inflow pressure, top-trader balance shifts and route changes.

Public surface
Only aggregate descriptions, subscriber counts and redacted examples are public.
Private surface
Wallet-route evidence, cluster candidates and delivery state stay gated to eligible Elite users.
Interpretation
Alerts are context signals, not trading instructions. They identify movements worth checking before charts fully explain them.
Limitations
Wallet labels and route inference can change as exchanges rotate addresses or large holders restructure custody.
Open Flow Alerts →
Caveats

Known Limitations

Nimiq FYI is an analytics layer, not an oracle. Historical market reconstruction, wallet clustering and source coverage all have edge cases.

Market data
Thin-liquidity assets can show venue-specific spikes, missing candles or delayed exchange reporting.
Chain data
Address-level metrics are behavioral approximations and should not be treated as unique-human counts.
Premium data
Premium and Elite analytics may use additional private-safe inference. Public pages intentionally do not expose raw wallet-route evidence.
Corrections
When source gaps are discovered, backfills and patches should preserve source identity rather than silently overwriting history.