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SOPR

Spent Output Profit Ratio compares the sale value of spent outputs with their value when previously created.

Spent Output Profit Ratio compares the sale value of spent outputs with their value when previously created.

Spent Output Profit Ratio compares the sale value of spent outputs with their value when previously created. This coordinate is placed in the wider system through its protocol, economic and historical relationships.

Understanding SOPR helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.

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Linked to related atlas coordinates

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Grounded in a source record

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Explains function and trade-offs

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Part of the open Bitcoin knowledge graph

DOC · 001Glassnode — Metrics CatalogDocumentation
Reviewed 25 July 2026Source-first · No investment advice