Welcome to Clubs! As much as we’d like to make ENS investing as simple as possible, there are a few things you need to understand first. Here are four important metrics that summarize the latest updates in the ENS market.
For Sale Listings
This shows the total number of domains listed for sale on our site and gives updates of the percentage difference for 24 hours, 1 week and 4 weeks. You can see the trend over time if the number of listings are increasing or decreasing. This is akin to supply and if supply goes down, prices tend to increase if demand stays the same.
- If the number of listings goes down, the Floor / Buy Price will go up.
- Higher prices will lead to more listings as sellers will make unlisted digits available for purchase.
Floor Price / Buy Price
The floor price is the minimum price you’d have to pay for a name from a specific category. Each club would have a different floor price. If you’re selling a name, you can check the floor price of its category to see the lowest price you could charge for it.
The floor price, however, doesn’t always reflect the actual buying price because there are different types of digits with some being more rare and valuable than others. While it may give you a good estimate of the minimum value on paper, the buy price is a more realistic indicator.
Our buy price is the price of the first 20% of the listings on the market.
Top 5 Sales in the last 7 days
This shows the top 5 most valuable names that were sold the last 7 days. You can check this list to see what the most expensive names sold were.
This gives you the overall market value. It gives updates of the percentage difference for 24 hours, 7 days and 28 days. This is based on actual sold data which means someone actually paid to buy the digit.
The historical trend allows you to see if average selling prices have increased. You can compare this with the For Sale Listing and Floor Price and see how they correlate over time.