# Active users (daily) Methodology

## Overview

Active users (daily) measures the number of unique addresses that make a revenue-generating transaction with a project, i.e. An application or a blockchain. Active users (daily) are measured over a fixed 24-hour window.

## Data sources

- Raw blockchain transaction records and metadata
- On-chain event logs and program instructions
- Token price feeds for USD conversion

## Common calculation approaches

### Network-wide transaction aggregation
Unique addresses are identified from raw transaction records to quantify daily network engagement. For blockchains such as Ethereum and BNB Chain, sender addresses are extracted from transaction metadata, while on Solana, transaction signers are captured from program instructions.

### Application-specific event monitoring
User activity is tracked through interactions with specific smart contracts associated with a project's core functionality. For example, on World Mobile Chain, unique recipient addresses are identified from ERC-20 `Transfer` events emitted by the telecom service subscription contract.

### Multi-action participant identification
Active users are identified across various transaction types, including standard executions and delegated actions. On NEAR Protocol, unique user addresses are extracted from both transaction signers and participants in delegate actions to capture the full scope of daily network activity.

**Note:** The calculation approaches and protocol examples above are representative patterns. Individual protocol implementations may vary.

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

Unique revenue-generating users over a fixed 24-hour window.

Active users (daily)

Exchanges (DEX)

Liquidity providers deposit funds into Aperture and receive trading fees from traders (supply-side fees).

Aperture is a non-custodial DeFi exchange protocol built on Manta Pacific (originally a fork of Uniswap). Aperture was founded by Gao Han, Lian Zhu, and Peiqian Li in 2021.

Aperture team & investors own and govern the protocol. They do not currently take a cut of the total trading fees paid by traders (revenue). Aperture's investors include ParaFi Capital, Arrington XRP Capital, Costanoa Ventures and Divergence Ventures.

Aperture Swap V1

Active users (daily)

Active users (daily)

Chain breakdown