# Active users (weekly) Methodology

## 1. Overview

Active users (weekly) is defined as the number of unique accounts associated with revenue-generating transactions on Axiom Trade. Active users (weekly) are measured over a 7-day rolling window. This metric is utilized to evaluate user adoption and transaction activity on the platform. On-chain interactions are identified through transaction signatures associated with fee payments on Solana, swap transactions on EVM chains, and perpetual contract trades on Hyperliquid. For project-level active user metrics, unique accounts from Axiom Trade are combined with unique accounts from Axiom Perps, as detailed in the project-level methodology.

## 2. Data sources

- **Blockchain events**: Solana account activity representing fee payments, DEX trades from EVM swap abstractions, and `node_fills` events from Hyperliquid, covering Solana, BSC, Robinhood Chain, and Hypercore

## 3. Step-by-step calculation

### Component A: Solana fee payment identification

- **Purpose**: Identify transactions on Solana that represent revenue-generating trades on Axiom Trade
- **Logic**: Solana account activity is analyzed to identify transactions that represent revenue-generating trades on Axiom Trade. Positive balance changes, where the post-transaction balance exceeds the pre-transaction balance, are filtered for a specific set of 20 designated Axiom Trade fee accounts. Transactions where the signer is one of these fee accounts are excluded to prevent self-transfers and internal accounting movements from being counted. The remaining transaction signers are identified as active users.
- **Key fields**: `block_timestamp`, `signer`, `pre_balance`, `post_balance`, `account_key`

### Component B: EVM spot trade tracking

- **Purpose**: Identify active traders on EVM chains
- **Logic**: DEX trades are parsed from swap abstractions on BSC and Robinhood Chain. Transactions sent to designated Axiom Trade contracts are filtered. For each transaction, the largest swap by USD volume is retained, and the transaction sender is identified as an active trader.
- **Key fields**: `block_timestamp`, `signer`, `amount_0`, `amount_1`

### Component C: Axiom Perps trade tracking

- **Purpose**: Identify active traders on Axiom Perps
- **Logic**: Node fill events are parsed from Hyperliquid. Transactions carrying the designated Axiom Trade builder address are filtered. The account addresses associated with these fills are identified as active traders.
- **Key fields**: `block_timestamp`, `trader_address`, `builder`

### Component D: Weekly active user aggregation

- **Purpose**: Aggregate unique active users on a weekly basis across all products and chains
- **Logic**: Transaction signers and trader addresses from Solana fee payments, EVM trades, and Hyperliquid fills are aggregated. Duplicate addresses within the same 7-day rolling window are removed to determine the count of unique active users (weekly) at both the product and project levels. Weekly boundaries are defined using Coordinated Universal Time (UTC).
- **Key fields**: `block_timestamp`, `signer`, `trader_address`

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

Unique revenue-generating users over a rolling 7-day window.

Axiom Trade

Active users (weekly)

Active users (weekly)

Chain breakdown