ultrasound.money - Ethereum Supply & Burn Analytics

Platform Overview

ultrasound.money is a community-driven analytics platform that has become one of the most popular websites for tracking Ethereum's post-Merge monetary dynamics. The platform provides real-time visualization of ETH supply, burn rates, and issuance data, enabling users to monitor Ethereum's deflationary mechanics introduced by EIP-1559.

Core Concept

The "ultrasound money" concept focuses on the likely decrease of ETH supply after The Merge and EIP-1559 implementation. The thesis is: if capped-supply gold is "sound money," then decreasing-supply ether is "ultra sound money."

Key Features

Supply Tracking

Real-time monitoring of Ethereum's total supply with visualization of changes over time.

Burn Rate Analytics

Live tracking of ETH burned via EIP-1559 base fees, showing the "scarcity engine" fuelled by Ethereum's transactional utility.

Issuance Monitoring

Tracking of new ETH issued through validator rewards post-Merge.

Net Supply Changes

Calculation of net supply changes showing whether Ethereum is currently inflationary or deflationary.

Gas Tracker

Real-time gas price tracking with price alerts, useful for timing transactions and monitoring network activity.

Platform Capabilities

Data Coverage

• Total ETH supply tracking
• Real-time burn rate monitoring
• Validator reward issuance
• Historical supply charts
• Gas price monitoring

Post-Dencun Analysis

The platform continues to track supply dynamics following the March 2024 Dencun upgrade, which impacted burn rates through proto-danksharding and blob transactions.

Industry Recognition

ultrasound.money has become essential for monitoring Ethereum's monetary policy and is frequently cited in industry analysis of ETH supply dynamics and the "ultrasound money" narrative.

Why Use ultrasound.money

The platform provides the definitive real-time view of Ethereum's supply mechanics, essential for understanding ETH's monetary properties and tracking the impact of EIP-1559 and network upgrades.