raresats.net

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Market

Circulating supply

Circulating supply per row. Select a row for its history and top holders; select a column header to sort.

Notable transfers

Why notable?

    Notable extractions

    Why notable?

      Sales

      About these prices

      Each point is one sale of tracked sats, found on chain by the fork: a marketplace listing or an accepted offer paid in the same transaction. Its price is the marketplace's: on Magisat the listing price, the seller's payment plus Magisat's 0.5% seller fee since September 2024 (the buyer's fee is not in it), and for an accepted Magisat offer the payment plus half the fee output; elsewhere the seller's payment plus the marketplace's fees. Sales with no marketplace fee in the transaction (OKX's, among others) are Unknown.

      The unit price is the price less the sold output's own value, per sat of a row. Each sale is of one row, the rarest that holds all the sats it sold, so rows don't overlap: Uncommon is plain uncommons (a 2012 uncommon is an Alpha uncommon, a rare sat a Rare), Block 9 is block 9 chunks (a 450x chunk is 450x). A bundle that mixes rows is of its rarest row. A label row, such as Block 9, 1st tx (a label within Block 9), has no market of its own: it lists the sales lying in it, each as its own row. Include rarer sub-categories also shows a row's rarer sub-categories, such as the alpha uncommons under Uncommon: lighter, priced per sat of the row, named by their own, and outside its median and market numbers. A sale that splits sats out of an output counts only the sats it sold. A sale for no more than the output's own value has no unit price above zero: it is in the table, not on the chart.

      The line is the row's median unit price over the 30 days up to each sale. Outliers, drawn hollow, sold for over 10 times or under a tenth of the median of the row's previous seven sales: a fat finger, a wash trade, something else in the output. They are left out of the line and the row's market numbers. Inscribed sats carry an inscription, whose value is not the rare sat's: hidden unless you include them, and never in the line.

      Unit price

      Unit price is what a sale or listing paid per sat of its category: the price less the output's own value, divided by the category's sats it holds.

      The formula

      Rare sats travel inside outputs that are worth sats of their own, and the buyer gets that value back with the output. So the site prices the premium, not the price:

      unit price = (price − the output's value) ÷ the category's sats it holds

      to the hundredth of a sat. A block 9 chunk of 6,280 sats, in an output of 6,280 sats, listed at 94,200 sats, has a unit price of (94,200 − 6,280) ÷ 6,280 = 14 sats per sat. A single alpha uncommon in a 546-sat output sold for 45,546 sats has a unit price of 45,000.

      Listings and sales use the same measure, so they compare directly. A category's floor is the lowest unit price among its active listings. A sale is of one category, its own (see bundles), and a sale that splits sats out of an output counts only the sats it sold.

      Which price

      A sale's price is the marketplace's, found on chain: on some marketplaces the listing price, which includes the marketplace's seller fee, elsewhere the seller's payment plus the marketplace fees in the transaction. On raresats.net the price is what the seller receives; the buyer's 2.5% fee is on top and not part of it. A sale whose transaction carries no marketplace fee output the index knows is marked Unknown, and its price is the seller's payment.

      A sale for no more than the output's own value paid nothing for its sats: it has no unit price above zero, and it is in the table but not on the chart.

      The median line and outliers

      A category's line is the median unit price of its counted sales over the 30 days up to each sale. A sale is an outlier when its unit price is more than 10 times, or less than a tenth of, the median of the category's previous 7 sales within a year (at least 5 of them, compared by ratio). When the year its lead sat was mined has 5 such sales of its own, it is judged against those instead, since a 2009 alpha uncommon, for one, sells at a price tier of its own. Outliers are drawn hollow and left out of the line and the market numbers. Inscribed sales are left out too, and pending sales count only once mined.