Fee_avg_sats
Tech spec
| Field | Value |
|---|---|
| API name (slug) | fee_avg |
| Group | fees |
| Unit / Valuetype | sats / other |
| Shape | scalar |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/fees |
| Tier | 0 |
| Last updated | 2025-12-16 19:49 UTC |
| Docs | Open in Swagger |
Brief Description: The average Bitcoin transaction fee.
Fee_avg_sats reflects the typical fee users pay to have their transactions processed on the Bitcoin blockchain, offering insights into network demand and transaction costs.
Metric variants
- _usd: Fee_avg_sats denominated in USD.
- _sats: Fee_avg_sats denominated in satoshi (1/100 000 000 BTC).
Interpretation Studying the Fee_avg_sats can yield valuable information for both market and network analysis. An increasing Fee_avg_sats suggests a growing demand for transaction processing, potentially indicating a busy network or rising market activity. Conversely, a decreasing average fee could signal reduced network congestion or lower demand for transactions.
Advanced Explanation The Fee_avg_sats is calculated as the daily mean of the average transaction fees per block.
Aggregation logic: Transaction-weighted average fee per transaction in the period.