# Awesome Ajuna Avatars Trading volume Methodology

## 1. Overview

Trading volume for Awesome Ajuna Avatars is measured as the total value of assets exchanged during initial minting events and secondary market trades. This metric is used to evaluate the liquidity and market demand for the profile-picture collection on Ajuna Substrate. All transaction values are captured from on-chain events and converted to USD to provide a standardized view of economic activity.

## 2. Data sources

- **Blockchain events**: `AvatarsMinted` and `AvatarTraded` events from `awesomeAvatars` contracts and `Deposit` events from `balances` contracts, covering Ajuna Substrate
- **External data**: End-of-day price feeds for the native Ajuna asset

## 3. Step-by-step calculation

### Component A: Awesome Ajuna Avatars primary issuance

- **Purpose**: Captures the value of initial NFT mints paid to the treasury.
- **Logic**: Primary minting events are identified via `AvatarsMinted` events from `awesomeAvatars` contracts. The associated payment value is determined by joining these events with `Deposit` events from `balances` contracts. This join is filtered to include only transfers where the recipient address matches the protocol treasury and the activity occurs within the same extrinsic hash.
- **Key fields**: `event_data` (used to identify the treasury recipient and the deposit amount)

### Component B: Awesome Ajuna Avatars secondary trading

- **Purpose**: Captures the value of peer-to-peer trades on the secondary market.
- **Logic**: Secondary trading activity is parsed from `AvatarTraded` events from `awesomeAvatars` contracts. The trade amount is extracted directly from the event data payload.
- **Key fields**: `event_data` (used to extract the trade value)

### Component C: Normalization and USD conversion

- **Purpose**: Normalize native asset values and convert them to USD for aggregation.
- **Logic**: Raw amounts from both primary mints and secondary trades are normalized by decimal precision. These normalized values are multiplied by the end-of-day price of the native Ajuna asset. Data is aggregated by day using UTC boundaries, and missing values are zero-filled to ensure a continuous time series.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Total value of spot trades executed on the exchange.

Trading volume

NFT marketplaces

Ajuna is a gaming blockchain built on Polkadot, focused on enabling performance and scalability, for web3 gaming supporting the Unity and Unreal Engine game engines.

Awesome Ajuna Avatars

Archived

Trading volume

Trading volume

Chain breakdown