Market Dashboard
Live state of the Bitcoin credit market
Indicators grouped by family. Click any card to expand its detail — historical chart, methodology, related signals.
Informational purposes only — not financial advice or a recommendation.
BTC Spot
Block Height
Hashrate (7D)
Arb Gas
USDC on Arbitrum
Active Auctions
Active Loans
Total Volume
Yield Curves
Gavel
no data
Treasuries
no data
Cross-Market Rates
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Indicator Components
annualised, from MRYS
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Selected Rates × BTC Price
No data in this time range.
Credit Premium
Premium Gavel rates command over external benchmarks (Treasuries, BTC supply yield).
2 live
90D
DRP
DeFi Risk Premium
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Posted365D
CCS
Custodial Credit Spread
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On-chain indicators now have a section of their own
MVRV-Z, SOPR and long-term-holder supply are network measures derived from the Bitcoin node, not credit measures — they describe the chain whether or not anyone is lending. They were withheld from this surface while their destination was built; it now exists.
Miner-facing indicators now have a section of their own
The hash-rate credit spread, the revenue-per-input differential and the mining revenue yield spread describe the economics of producing Bitcoin, not the cost of borrowing against it. Their audience is the miner-borrower, and the section they were promised now exists — with the depth of the underlying series stated on it.
Variable Rate Basis is withheld
VRB measures Gavel against the best variable DeFi USDC supply rate. That rate is third-party data (DefiLlama) which this site does not redistribute, and the basis would disclose it, so the card is not shown.