NOVRIX
TERMINAL MODULES
NOVRIX v3.2.1

DATA SOURCES

NOVRIX aggregates data from multiple providers to build a comprehensive intelligence layer. Each source is queried server-side — your browser never contacts these APIs directly.

BGeometrics (bitcoin-data.com)

Source for all on-chain Bitcoin metrics including valuation, supply, and network metrics. Full history from 2013. Updated daily.

FRED (Federal Reserve Economic Data)

Macroeconomic indicators including interest rates, inflation data, money supply, unemployment, and treasury yields.

DeFiLlama

Multi-chain DeFi protocol analytics including TVL, fees, revenue, and active addresses across 20+ networks.

Alternative.me

Fear & Greed Index composite score (0–100). Full daily history from 2018. Updated daily.

CoinMarketCap

BTC and ETH market dominance percentage. Updated daily.

CoinGecko

Market cap history for dominance calculation and trending coins data. Updated daily.

Etherscan

On-chain transaction data for whale tracking module. Real-time.

UPDATE SCHEDULE

DATA TYPESOURCESCHEDULELATENCY
On-Chain MetricsBGeometrics04:00 UTC daily~1h after publish
Fear & Greed IndexAlternative.me04:00 UTC daily~3h after publish
Macro IndicatorsFREDDaily / Weekly / MonthlyVaries by indicator
DeFi AnalyticsDeFiLlamaHourly~15 min
Market DominanceCMC + CoinGecko04:00 UTC daily~1h after publish
Social SentimentCoinGeckoOn-demandReal-time
Trending CoinsCoinGeckoOn-demandReal-time
Whale TransactionsEtherscanOn-demandReal-time

Staleness fallback: if any data source has not been updated within expected windows when a module is loaded, the platform will initiate an emergency fetch before serving data.

INTERPRETATION GUIDANCE

On-chain metrics are powerful analytical tools with known structural limitations. The following principles govern how NOVRIX presents and interprets data:

Zone-Based Signaling

Each indicator is divided into zones (e.g., undervalued, fair value, overvalued) based on historical thresholds. These zones are visualized as colored background bands on charts. Green zones typically indicate bullish territory; red zones indicate bearish territory. The exact thresholds vary by indicator and are derived from historical cycle analysis.

Not Trading Signals

Zone colors are interpretive guides, not buy/sell signals. They show where current values sit relative to historical ranges. A metric in a "bearish" zone does not mean price will fall — it means the metric is in a range that has historically correlated with bearish conditions.

Lag and Estimation

On-chain data is inherently delayed. Most metrics reflect yesterday's on-chain activity, not real-time price action. Network hashrate is estimated, not directly measured. Realized cap calculations depend on UTXO age methodology which includes assumptions about lost coins.

Exchange Custody

Large exchange cold wallets move coins in ways that can trigger false signals. Metrics based on UTXO movement (movement-based metrics) are particularly sensitive to exchange operations.

Composite Nature

No single indicator should drive decisions. NOVRIX provides multiple indicators precisely because each captures a different dimension of market structure. The strongest signals emerge when multiple indicators converge on the same interpretation.

Past Performance

All historical signal accuracy reflects backward-looking analysis. Markets adapt. Widely-known signals become less reliable as they are traded. Use indicators as one input among many.

GENERAL LIMITATIONS

On-chain metrics are powerful analytical tools with known structural limitations that users must understand:

Exchange Custody

Large exchange cold wallets move coins in ways that trigger false UTXO signals. movement-based metrics are particularly sensitive to exchange operations.

Lost Coins

Estimated millions of BTC are permanently lost (Satoshi wallet, early miners). Their presence in realized cap calculations affects certain valuation readings.

Data Lag

BGeometrics publishes data with a 1–2 day lag relative to on-chain events. Our update at 04:00 UTC means the freshest data point is typically yesterday's.

No Futures/Derivatives

These are pure on-chain spot metrics. Derivatives market dynamics are not captured. Basis, funding rates, and open interest are separate analytical dimensions.

Past Signals ≠ Future Performance

All historical signal accuracy described in this document reflects backward-looking analysis. Markets adapt. Widely-known signals become less reliable as they are traded.

ACKNOWLEDGMENTS

NOVRIX would not exist without the exceptional work of the following data providers and open-source projects:

BGeometrics

For comprehensive Bitcoin on-chain analytics and historical data spanning over a decade. The foundation of our on-chain intelligence layer.

FRED (Federal Reserve Economic Data)

For decades of meticulously maintained macroeconomic data that powers our macro analysis module.

DeFiLlama

For open, transparent, and comprehensive DeFi protocol analytics across the entire multi-chain ecosystem.

Alternative.me

For the Fear & Greed Index, a benchmark sentiment metric used across the cryptocurrency industry.

CoinGecko

For reliable market data, trending asset tracking, and market dominance metrics.

CoinMarketCap

For market capitalization data and cryptocurrency market benchmarks.

Etherscan

For Ethereum blockchain explorer services and on-chain transaction data.

All trademarks and data belong to their respective owners. NOVRIX aggregates and presents this data for analytical purposes only. We are deeply grateful to these providers for making their data accessible.

Documentation →