# Astar Substrate Staking market cap Methodology

## 1. Overview

Staking market cap measures the total value of native assets currently staked on the Astar Substrate network. This metric represents the economic capital committed by validators and delegators to secure the blockchain's consensus mechanism. It serves as a key indicator of network security and the overall market value of the assets participating in the Astar Substrate proof-of-stake system.

## 2. Data sources

- **Blockchain data**: Validator deposit records from the Astar Substrate network, covering Astar
- **External data**: End-of-day price feeds for native assets

## 3. Step-by-step calculation

### Component A: Validator deposit extraction

- **Purpose**: Identify the total quantity of native assets locked by validators on Astar Substrate.
- **Logic**: Deposit amounts and associated addresses are extracted from validator state records. Distinct entries are identified per day to ensure a daily snapshot of all active staking positions within the network.
- **Key fields**: `deposit` (staked amount), `address` (validator identifier), `block_timestamp` (event timing)

### Component B: Staked supply normalization

- **Purpose**: Aggregate and normalize the total staked supply into standard asset units.
- **Logic**: The sum of all validator deposits is calculated for each daily period. Raw amounts are normalized by decimal precision to represent the total quantity of the native Astar asset currently staked.
- **Key fields**: `staking_market_cap` (aggregated staked quantity)

### Component C: USD conversion and finalization

- **Purpose**: Calculate the market value of the staked supply and ensure data continuity.
- **Logic**: The normalized staked supply is multiplied by end-of-day price feeds to determine the USD market capitalization. A fill-forward strategy is applied to maintain a continuous daily time series, where the most recent known values are used to account for any missing data points.
- **Key fields**: `price_usd` (asset valuation), `staking_market_cap` (final USD value)

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

Value of native tokens currently staked to secure a proof-of-stake network.

Staking market cap

Blockchains (L2)

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

Astar is a collective driving web3 adoption by connecting people through blockchain technology, business innovation, decentralized applications, and seamless digital experiences in the Polkadot ecosystem. Astar was founded by Sota Watanabe and launched in 2021.

ASTR tokenholders own and govern the protocol. Part of the transaction fees is burned (revenue). Astar’s investors include Binance, Polychain Capital, Crypto.com, etc.

Astar Substrate

Staking market cap

Staking market cap

Chain breakdown