The L1 Native Token Returns vs BTC highlights the relative price performance of large L1 native tokens versus bitcoin.

For more information on its interpretation and methodology see this dashboard.

This is the Point-in-Time (PiT) variant of Token returns vs BTC. 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.