14 October 2026

Reconstructing nine years of the CryptoPunks floor from contract events

CryptoPunks launched in June 2017, before the ERC-721 standard existed. Instead of relying on outside marketplaces, its contract ships with a marketplace of its own: owners list punks, buyers buy them, and every step is an event on Ethereum. That makes the floor, the cheapest punk anyone can buy, something you can read straight from the chain.

Most people get the floor from an aggregator. That works for today's number. The history is harder: CoinGecko's NFT floor history sits behind a paid plan, and Reservoir, the free alternative, has shut down. So we rebuilt the whole series from the contract itself: every day from 23 June 2017 to today, with no gaps, free to download.

CryptoPunks daily floor since 2017, log scale

Why we needed it

We track PunkStrategy (PNKSTR), a token whose treasury buys punks. Its premium is its market cap divided by what the treasury holds, and the treasury is valued at the floor. Any error in the floor goes straight into the premium.

Our first version estimated the historical floor from its correlation with the ETH price. Checked against the chain, that estimate was about 10% off on an average day and 33% off on the worst one. On 6 October 2025 it put PNKSTR's premium at about 66x. With the real floor, it was 45.5x.

The contract is the order book

Four events carry everything we need:

We replay all of them since the contract's first block (3,914,495), about 240,000 events, in block and log order. The rules are simple:

  1. A listing stands until the next event for the same punk. A new listing replaces it; a withdrawal, sale or transfer ends it. That is exactly what the contract does.
  2. The floor for a day is the lowest listing still open at 23:59:59 UTC.
  3. Listings reserved for one buyer don't count. If toAddress is set, only that wallet can buy, so it is not a price the market can take. Listings at a price of zero are ignored too.

One trap worth knowing if you try this yourself with Etherscan's log API: it returns log index 0 as "0x", which parses as NaN. Sort by it and events within a block quietly come out in the wrong order.

Checking it

A reconstruction is only worth something if it can be checked, so we checked it three ways.

What it turned up

cryptopunks.app, the collection's official site, also shows a daily floor. On most days the two series match. Where they differ, we read the contract directly on 24 days. It agreed with us on all 24.

We sent these to the team behind cryptopunks.app on 25 September 2026, before publishing this.

The second correction is our own: the PNKSTR premium described above, 45.5x on 6 October 2025 rather than about 66x.

Limits

Get the data

The series is free under CC BY 4.0 and updates every day.

The PNKSTR premium series is published the same way at punkprice.com/premium.

If you use it, cite it as: PunkPrice (2026). CryptoPunks daily floor price, reconstructed from the CryptoPunks marketplace contract. https://punkprice.com/data