Validators process transactions and receive fees from users (supply-side fees).

Algorand is a smart contract platform for decentralized applications (a blockchain). Algorand was founded by Silvio Micali and launched in 2018.

ALGO holders own and govern the protocol. They currently take a cut of the transaction fees paid by users (revenue). Algorand's investors include Union Square Ventures, Multicoin Capital, Pillar, etc.

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Blockchains (L1)

Algorand

# Algorand Contract deployers Methodology

## 1. Overview

Contract deployers is measured as the number of unique addresses that have deployed at least one smart contract on the network. This metric serves as a proxy for the volume of independent developers or entities that actively publish code onchain. It is utilized to assess the growth and health of the developer ecosystem within Algorand.

## 2. Data sources

- **Blockchain events**: Contract creation records, covering Algorand

## 3. Step-by-step calculation

### Component A: Contract deployment extraction

- **Purpose**: To identify all instances of smart contract initialization on the network.
- **Logic**: Data is retrieved from contract deployment records. For every unique contract, the corresponding deployer address and the timestamp of creation are extracted. A distinct selection is performed to ensure each deployment event is unique.
- **Key fields**: `deployer_address`, `creation_timestamp`

### Component B: Unique deployer aggregation

- **Purpose**: To calculate the daily count of distinct active developers.
- **Logic**: The number of unique `deployer_address` values is aggregated for each UTC day. This methodology ensures that if an individual entity deploys multiple contracts within a single day, that entity is only counted once toward the daily total.
- **Key fields**: `deployer_address`

### Component C: Finalization and gap filling

- **Purpose**: To provide a consistent and continuous time series for the metric.
- **Logic**: Data types are normalized and timestamps are truncated to daily granularity. For any days in the time series where no deployments are identified, a value of zero is assigned. The final output is filtered to align with the verified data availability for the Algorand chain.

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

Unique addresses that deployed at least one smart contract.

AlgorandALGO

Contract deployers

Contract deployers

Competitive landscape