The mean BTC size of public Lightning Network channels. The Lightning Network works by creating payment channels between two parties, where multiple transactions can be made without the need for each individual transaction to be recorded on the Bitcoin blockchain. These transactions are instead recorded off-chain, which makes them faster and cheaper.
This is the Point-in-Time (PiT) variant of Lightning Network Channel Size (Mean). PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.