> 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/nvt.md).

# NVT

- [NVT Ratio](https://docs.glassnode.com/further-information/metric-guides/nvt/nvt-ratio.md): Network Value to Transaction (NVT) Ratio describes the relationship between market cap and transfer volumes.
- [NVT Signal](https://docs.glassnode.com/further-information/metric-guides/nvt/nvt-signal.md): NVT Signal (NVTS) is a modified version of the NVT Ratio which uses a 90 day moving average of daily transfer volume as the denominator.
- [Velocity](https://docs.glassnode.com/further-information/metric-guides/nvt/velocity.md): Velocity is a measure of how quickly units of currency are circulating in the network.