Cointime-Adjusted Inflation Rate is an economic primitive which seeks to better capture the immediate market impact of coin issuance dilution on the economically active portion of the coin supply.

• 🟣 Nominal inflation rate is measured as the annualized dilution of the circulating supply.

• 🔴 Cointime-Adjusted inflation rate considers new issuance to most immediately dilute the Active Supply portion of the holder base, since this supply region better reflects coins that are economically 'active'. In effect, this amplifies the dilution influence of newly mined supply on the portion of supply that is most likely to respond.

Coined By

This metric was developed within the Cointime Economics framework for Bitcoin. This project was a joint venture between Glassnode and ARK Invest, with full details available in two formats: an overview primer (Version I published via ARK) and a comprehensive guide for specialists (Version II published via Glassnode).