Fear & Greed Index


NFT Market Sentiment (Fear ↔ Greed)

A simple, 0–100 gauge that shows how the Ethereum NFT market feels right now—from Extreme Fear to Extreme Greed—with a short tooltip per pillar so you can see why the needle sits where it is.


What you’ll see

  • Gauge with a number and label (e.g., 38 — Fear).
  • Hover tooltip that lists the six pillars with a one-line explanation for each at that moment.

Scale

  • 0–25 Extreme Fear
  • 25–45 Fear
  • 45–55 Neutral
  • 55–75 Greed
  • 75–100 Extreme Greed

Refresh rate: hourly (daily closes are kept for history).


Pillars (hover tooltips)

  • MomentumAre prices trending up or down?
  • ParticipationHow many people are trading?
  • LiquidityHow easy do trades go through?
  • Supply PressureAre listings piling up or clearing?
  • Valuation GapPrice vs our modelled fair value.
  • StressHow jumpy is the market right now?

These six cover price action, activity, execution, supply, value context, and risk—enough to be useful without being a black box.


How to read it

  • Rising gauge on stronger Liquidity & Participation → trades are clearing and more wallets are active; confidence is improving.
  • Falling gauge with higher Stress & Supply Pressure → volatility is up and listings are building; risk appetite is fading.
  • Neutral → mixed signals; often a transition or consolidation.

What moves the pillars (plain English)

  • Momentum: recent up-moves push the gauge higher; down-moves pull it lower.
  • Participation: more unique buyers/sellers and more sales vs normal = warmer market.
  • Liquidity: higher turnover and steady trade-through = easier execution.
  • Supply Pressure: rising listed share = more sell-side overhang; falling share = relief.
  • Valuation Gap: trading above (greed) or below (fear) our fair-value aggregate (NFTi).
  • Stress: bigger, faster swings increase uncertainty and tilt toward fear.

Stability without the wiggles

  • Uses robust baselines (so one odd hour doesn’t whipsaw the gauge).
  • Applies sensible caps to keep outliers from dominating.
  • Bands are fixed, so “Fear” and “Greed” keep the same meaning over time.

FAQs

How often is this updated? Hourly. We also store a daily “close” for charts and history.

Is this only about prices? No. Prices matter, but we also consider activity, execution, supply, value context, and risk via the six pillars above.

Can a single collection swing the market? No. The market view uses liquidity-aware aggregation with caps so no single collection dominates.


Tip: Hover the gauge to read the six pillar one-liners. They explain the why behind the current reading in just a few words.