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Bloom Trading Bot

# Bloom Trading Bot Fees Methodology

## 1. Overview

The bloomtradingbot fees metric measures the total daily fees collected by the Bloom Trading Bot protocol on Solana. This metric tracks SOL payments made to the protocol's designated fee collection account, representing revenue generated from trading bot services. The calculation identifies native SOL transfers to the fee account, converts amounts from lamports to SOL, aggregates daily totals, and converts to USD using end-of-day prices.

## 2. Data sources

- **Solana native transfers**: Native SOL transfer events on the Solana blockchain, specifically transfers where the recipient matches the protocol's fee collection account
- **End-of-day price feeds**: Daily SOL price data used for USD conversion
- **Token metadata**: SOL token information for price lookup and conversion

## 3. Step-by-step calculation

### Component A: Raw fee extraction
- **Purpose**: Identifies SOL transfers that represent fee payments to the Bloom Trading Bot protocol
- **Logic**: Filters Solana native transfer events to include only transfers where the recipient address is the designated fee collection account `7HeD6sLLqAnKVRuSfc1Ko3BSPMNKWgGTiWLKXJF31vKM`. Excludes transfers where the transaction signer is the fee account itself to avoid counting internal transfers or self-transactions. Each qualifying transfer includes the transaction timestamp, transaction ID, signer address, and transfer amount in lamports.
- **Key fields**: `block_timestamp` for timing, `transaction_id` for uniqueness, `transaction_signer` as the fee payer, `amount` in lamports, and `to_address` filtered to the specific fee account

### Component B: Amount normalization and daily aggregation  
- **Purpose**: Converts raw lamport amounts to SOL and aggregates daily fee totals
- **Logic**: Converts lamport amounts to SOL by dividing by 1e9 (since 1 SOL = 1 billion lamports). Groups all fee transfers by day using timestamp truncation to daily boundaries. Sums the normalized SOL amounts for each day to get total daily fees collected. Sets the chain as 'solana', uses the wrapped SOL token address for price conversion purposes, and leaves `product_id` as null since this represents protocol-level fees.
- **Key fields**: `timestamp` truncated to day, `fees` as summed SOL amounts, `chain_id` as 'solana', `token_address` as the wrapped SOL identifier

### Component C: USD conversion
- **Purpose**: Converts daily SOL fee amounts to USD values using market prices
- **Logic**: Applies the standard USD conversion process using end-of-day SOL prices. The conversion uses the wrapped SOL token address to lookup appropriate price data and multiplies the SOL fee amounts by the corresponding daily price. No decimal correction is applied since the amounts have already been normalized from lamports to SOL.
- **Key fields**: `fees_usd` as the converted USD value, retaining all original fields plus price conversion metadata

### Final aggregation
- **Combining components**: No additional combining is needed as this represents a single fee stream - SOL payments to the protocol's fee account
- **Currency conversion**: USD conversion applied using end-of-day SOL prices matched to the transaction date
- **Time aggregation**: Daily boundaries determined by truncating transaction timestamps to day level, with all fees within a calendar day summed together
- **Final calculation**: The final metric represents total daily fees in USD collected by the Bloom Trading Bot protocol, calculated as the sum of all SOL transfers to the fee account on each day, converted to USD using end-of-day prices. Missing days are filled with zero values to maintain consistent time series data.

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

Total value users pay to use a protocol (gross fees, user-paid fees).

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