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.

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Aperture

# Aperture Tradeable assets Methodology

## 1. Overview

The tradeable assets metric measures the cumulative number of unique tokens that have been made available for trading on the Aperture DEX platform. This metric tracks the growth of token diversity over time by counting each unique token that appears in any trading pair, starting from when it first becomes tradeable. The calculation provides insight into the expanding asset ecosystem and trading opportunities available on the platform.

## 2. Data sources

- **Aperture Factory events**: Parsed `PoolCreated` events from Aperture DEX factory contracts on the Manta blockchain, containing information about newly created trading pairs including token addresses, fee tiers, and pool addresses
- **Token metadata**: Token reference data including token symbols, decimal places, and identifiers used to enrich trading pair information with human-readable token names
- **Daily boundaries**: Timestamp data for daily aggregation and time series construction

## 3. Step-by-step calculation

### Component A: Trading pair extraction
- **Purpose**: Identifies all trading pairs created on the Aperture DEX by parsing factory contract events
- **Logic**: Extracts `PoolCreated` events from Aperture factory contracts on Manta blockchain. Each event contains `token0`, `token1`, `fee`, and `pool` parameters representing a newly created trading pair. The fee tier is converted from integer format to decimal by dividing by 10^6. Token metadata is joined to add token symbols and decimal information for creating human-readable pair names
- **Key fields**: `token0_address`, `token1_address`, `fee_tier`, `pool_address`, `block_timestamp`, `chain`

### Component B: Asset identification and deduplication  
- **Purpose**: Creates a comprehensive list of all unique tokens that have appeared in any trading pair
- **Logic**: Takes both `token0_address` and `token1_address` from all trading pairs and unions them into a single list of token addresses. Timestamps are truncated to daily boundaries. For each unique token address, identifies the first date it appeared in any trading pair using minimum timestamp aggregation. This ensures each token is only counted once regardless of how many pairs it participates in
- **Key fields**: `timestamp`, `chain`, `token_address`, first appearance date

### Component C: Daily asset counting
- **Purpose**: Counts how many new unique tokens became tradeable each day
- **Logic**: Groups tokens by their first appearance date and counts the number of distinct tokens that became tradeable on each day using approximate distinct count. Applies zero-filling to ensure there are no gaps in the daily time series, filling missing dates with zero new assets
- **Key fields**: `timestamp`, `asset_count` (new tokens per day)

### Final aggregation
- **Combining components**: The daily new asset counts are processed using a cumulative sum calculation
- **Currency conversion**: No currency conversion required as this metric counts discrete assets
- **Time aggregation**: Data is aggregated at daily boundaries using timestamp truncation to day level
- **Final calculation**: Computes the running cumulative sum of unique tokens over time using a window function partitioned by chain and ordered by timestamp. This produces the total count of tradeable assets available on each date, representing the cumulative growth of the token ecosystem on the platform

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

Number of unique tokens tradeable on the exchange.

Aperture

Tradeable assets

Tradeable assets

Competitive landscape

Chain breakdown