On-chain Metrics 1 min read
VDD — Value Days Destroyed
Also known as: VDD Multiple, Value Days Destroyed
Spikes when old coins move in size vs a yearly norm — often seen around distribution or macro turns, not everyday noise.
What VDD measures
VDD (Value Days Destroyed) asks: how much "old coin age × value" moved today compared to what's normal this year?
- Elevated VDD → long-held coins are waking up and transacting — often linked to distribution phases or major holders repositioning.
- Quiet VDD → old supply is mostly dormant; moves are driven by newer holders.
How to read it on Exum
Panel Old coins activity shows the VDD multiple, percentile vs ~1 year, and trend deltas.
Pair with:
One spike is a flag, not a verdict.
Frequently asked
VDD spiked — does that mean sell everything?
No. It means old supply participated on-chain more than usual. Read SOPR (profit vs loss) and price action before acting.