> For the complete documentation index, see [llms.txt](https://docs.glassnode.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.glassnode.com/further-information/metric-guides/coin-issuance.md).

# Coin Issuance

- [Puell Multiple](https://docs.glassnode.com/further-information/metric-guides/coin-issuance/puell-multiple.md): The Puell Multiple is a ratio of daily coin issuance (in USD) and the 365 moving average of daily coin issuance providing an oscillator derived from miner profitability and income stress.
