Infrastructure

bloXroute

# bloXroute Supply-side fees Methodology

## 1. Overview

BloxRoute fees supply-side represents the portion of fees that BloxRoute pays out to liquidity providers, validators, or other supply-side participants. However, BloxRoute operates as a blockchain infrastructure service that does not have a traditional supply-side fee sharing mechanism, so this metric is consistently set to zero. The calculation process still follows the standard fee methodology pipeline but applies a hardcoded override to zero for the final supply-side value.

## 2. Data sources

- **Solana native transfers**: Native SOL transfer events on the Solana blockchain, specifically transfers sent to BloxRoute's designated fee collection address
- **BloxRoute fee address**: The hardcoded fee collection address `HWEoBxYs7ssKuudEjzjmpfJVX7Dvi7wescFsVx2L5yoY` used to identify BloxRoute fee payments
- **End-of-day price feeds**: Daily SOL/USD exchange rate data for currency conversion
- **Token metadata**: SOL token information including the canonical SOL token address `So11111111111111111111111111111111111111112`

## 3. Step-by-step calculation

### Component A: Raw fee extraction
- **Purpose**: Identifies and extracts all fee payments made to BloxRoute on Solana
- **Logic**: Filters Solana native SOL transfers where the recipient address matches BloxRoute's fee collection address `HWEoBxYs7ssKuudEjzjmpfJVX7Dvi7wescFsVx2L5yoY`. Excludes self-transfers where the transaction signer is the same as the fee address to avoid counting internal movements. Captures the transfer `amount`, `transaction_id`, `block_timestamp`, and `transaction_signer` for each qualifying payment
- **Key fields**: `amount` (in lamports), `block_timestamp` (transaction time), `transaction_signer` (fee payer), `to_address` (BloxRoute fee address)

### Component B: Fee aggregation and conversion
- **Purpose**: Converts raw lamport amounts to SOL and aggregates by day
- **Logic**: Groups fee transfers by day using timestamp truncation. Converts transfer amounts from Solana's native lamports unit to SOL by dividing by 1e9 (since 1 SOL = 1 billion lamports). Sums all converted amounts within each day to get total daily fee revenue in SOL
- **Key fields**: `timestamp` (daily grain), `chain_id` (solana), `fees` (daily SOL total)

### Component C: USD conversion
- **Purpose**: Converts daily SOL fee totals to USD using market exchange rates
- **Logic**: Applies the standard Token Terminal currency conversion process using end-of-day SOL price feeds. Multiplies daily SOL amounts by the corresponding daily SOL/USD exchange rate to produce USD-denominated fee values
- **Key fields**: `fees_usd` (daily fee total in USD)

### Component D: Supply-side override
- **Purpose**: Sets supply-side fees to zero based on BloxRoute's business model
- **Logic**: Takes the calculated total fees from the previous steps but overrides the `fees_supply_side` field to zero, reflecting that BloxRoute operates as a pure demand-side revenue model without sharing fees with supply-side participants like validators or liquidity providers
- **Key fields**: `fees_supply_side` (hardcoded to 0)

### Final aggregation
- **Combining components**: The supply-side calculation references the total fees calculation but applies a business logic override
- **Currency conversion**: Uses end-of-day SOL/USD exchange rates from Token Terminal's price feed infrastructure  
- **Time aggregation**: Aggregates fee data to daily boundaries using timestamp truncation to day level
- **Final calculation**: Despite following the complete fee calculation pipeline (extraction, conversion, aggregation), the final supply-side metric value is always zero, representing BloxRoute's infrastructure service model where all fees are retained rather than shared with supply-side participants

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

Portion of fees distributed to service providers or supply-side participants.

bloXroute

Supply-side fees

Supply-side fees

Competitive landscape

Chain breakdown