Tokenomics & On-chain

What is the Stock-to-Flow model for Bitcoin?

The Stock-to-Flow model is a framework that estimates an asset's scarcity by dividing existing supply (stock) by annual new production (flow), and has been applied to Bitcoin because issuance falls at each halving. A higher ratio implies greater scarcity. For example, as Bitcoin's block reward halves, its flow drops while stock keeps rising, pushing the ratio up. The model is one lens among many and has been widely debated; it describes supply scarcity, not demand, and past relationships between scarcity and price do not establish future outcomes. Treat it as context, not a prediction.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.