stEURa, issued by the Angle Protocol smart contracts under the governance of ANGLE tokenholders, is a tokenized yield-bearing savings vault that accrues value from the protocol's underlying yield strategies for holders of the euro-pegged EURA stablecoin [S1][S2][S3].

Holders deposit EURA, the Angle euro-pegged stablecoin, into a savings vault and receive stEURa representing a share of the vault [S2][S3]. The token is non-rebasing and accrues value through a rising exchange rate, so each stEURa becomes redeemable for progressively more EURA as yield accrues from protocol modules including real-world-asset reserve returns, DeFi yield-bearing assets, and borrower interest [S1][S2][S3]. The savings contracts charge no deposit or withdrawal fees [S2][S3].

No single corporate entity issues stEURa; issuance is via smart contracts under the Angle DAO of ANGLE tokenholders, with Angle Labs, Inc. acting as a contributing software developer that disclaims possession, custody, or control of user funds [S1][S4]. The token is a yield-bearing claim redeemable for a growing amount of EURA, withdrawable at any time with no lock-up [S2][S3]. The protocol applies a self-attestation model under which users represent they are legally permitted to use the services and are not subject to sanctions [S4]. The Terms specify the British Virgin Islands courts as exclusive forum [S4]. EURA backing stEURa cannot be lent and remains in a dedicated contract [S2].

stEURa is an ERC-4626 vault token deployed at the same address across multiple chains, including Ethereum and Linea [S2][S3]. Deposits and withdrawals settle onchain and effectively immediately, redeeming for the underlying EURA with no lock-up [S2][S3]. Yield is delivered via a governance-set minting right embedded in the contract, and the protocol publishes a savings APY endpoint [S5][S3].

<Sources
  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://www.angle.money/usda" },
    { id: "S2", url: "https://www.angle.money/steur" },
    { id: "S3", url: "https://docs.angle.money/savings/savings" },
    { id: "S4", url: "https://www.angle.money/terms" },
    { id: "S5", url: "https://docs.angle.money/transmuter/transmuter" },
  ]}
/>


# Asset senders (weekly) methodology

## 1. Overview

`Asset senders (weekly)` is defined as the number of unique addresses that initiate asset transfers over a rolling 7-day period. For each tracked asset, outgoing transactions are analyzed to identify the addresses responsible for moving tokens. This metric is utilized as a key indicator of weekly user activity and transactional engagement for tokenized assets across various blockchain networks. By aggregating unique sending addresses within a moving 7-day window, short-term fluctuations are smoothed out to provide a clearer view of active adoption.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Other blockchain data**: Token transfer and withdrawal events from Aptos, Near, Polkadot Asset Hub, Stellar, Sui, Ripple, and others
- **Asset metadata**: Token contract addresses and asset mapping datasets

## 3. Step-by-step calculation

### Component A: Extraction of daily sending addresses

- **Purpose**: Identify and extract unique addresses initiating token transfers on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from ERC-20 token transfers where the sender address is not the null address. On Solana, sending addresses are identified from token transfer instructions using the authority address. On Aptos, Sui, Cardano, and Stellar Classic, sending addresses are retrieved from token withdrawal events. On Stellar Soroban, transfers are parsed from Soroban token transfer events, excluding mint transactions where the sender address is null. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed to identify the sender. On Ripple, outgoing transfers are identified where the transaction value is negative. On Near and Injective, sending addresses are extracted from token transfer events where the sender address is populated.
- **Key fields**: `timestamp` (block time truncated to the day), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Rolling 7-day window aggregation

- **Purpose**: Aggregate daily active senders into a rolling 7-day window to calculate weekly activity.
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a rolling 7-day window is constructed by looking back at the preceding six days. Daily unique sending addresses are mapped to each active window based on their transaction timestamps.
- **Key fields**: `timestamp` (the reference day for the rolling window), `token_address` (the asset identifier), `sender_address` (the address active within the window)

### Component C: Final deduplication and aggregation

- **Purpose**: Calculate the final weekly unique sender count per asset and chain.
- **Logic**: Within each rolling 7-day window, sending addresses are deduplicated to ensure each unique address is counted only once per asset, regardless of transaction frequency. The deduplicated counts are aggregated at both the individual chain level and the global asset level. Missing dates are filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (the reference day), `chain_id` (the blockchain identifier), `token_address` (the asset contract address), `asset_senders_weekly` (the count of unique weekly sending addresses)

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

Unique asset senders over a rolling 7-day window.

Asset senders (weekly)

Tokenized funds

Overcollateralized borrowers deposit funds into Angle and receive agEUR stablecoin.

Angle is a non-custodial stablecoin protocol built on Ethereum. Angle was co-founded by Pablo Veyrat and launched in 2021. The dashboard does not track the deprecated Core module.

ANGLE tokenholders own and govern the protocol. They currently take a cut of the transaction fees paid by the users and the interest earned on collateral assets (revenue). Angle’s investors include a16z, Fabric Ventures, Wintermute, etc.

governance

github

twitter

discord

etherscan

website

Stablecoin issuers

Angle

Angle Staked EURA (stEURa) is a tokenized fund share issued by Angle.

stEURa has been issued on public blockchains since September 2023 and is native to Arbitrum One, Ethereum, and Gnosis.

Angle Staked EURAstEURa