Infrastructure

bloXroute

# bloXroute Revenue Methodology

## 1. Overview

BloXroute revenue represents the total USD value of fees collected by BloXroute from their blockchain services on Solana. This metric measures BloXroute's earnings from providing transaction acceleration and MEV protection services by tracking native SOL transfers to their designated fee collection address. The calculation aggregates daily fee collections, converts them to USD, and applies standardized revenue metric finalization.

## 2. Data sources

The calculation relies on these underlying data sources:
- **Solana native transfers**: All native SOL transfer transactions on the Solana blockchain, including transaction signers and recipient addresses
- **End-of-day token price feeds**: Daily closing prices for SOL token to enable USD conversion
- **Token metadata**: Information about the SOL token contract address and decimal precision for proper amount calculations

## 3. Step-by-step calculation

### Component A: Fee extraction
- **Purpose**: Identifies and extracts all fee payments made to BloXroute's service
- **Logic**: Filters Solana native transfers to isolate payments sent to BloXroute's designated fee collection address `HWEoBxYs7ssKuudEjzjmpfJVX7Dvi7wescFsVx2L5yoY`. Excludes any transfers where the transaction signer is the same as the fee collection address to prevent counting internal transfers or refunds. Records the transaction timestamp, signer address, and transfer amount in lamports.
- **Key fields**: `block_timestamp` for timing, `transaction_signer` to identify fee payers, `amount` in lamports, and `to_address` filtered to the specific fee collection address

### Component B: Daily aggregation and unit conversion
- **Purpose**: Converts raw transfer amounts to standard units and aggregates by day
- **Logic**: Groups all fee transfers by day using timestamp truncation to daily boundaries. Converts amounts from lamports (Solana's smallest unit) to SOL by dividing by 1e9. Sums all converted amounts within each day to get total daily fee collection in SOL. Associates each day's data with the SOL token address and Solana chain identifier.
- **Key fields**: `timestamp` truncated to daily granularity, `fees` as the sum of converted SOL amounts, `chain_id` set to 'solana', and `token_address` referencing the SOL token

### Component C: USD conversion
- **Purpose**: Converts daily SOL fee totals to USD values
- **Logic**: Uses the `convert_to_usd_and_correct_decimals` macro to convert daily SOL amounts to USD. The macro joins with end-of-day price feeds to get the SOL/USD exchange rate for each day and multiplies the SOL amounts by the corresponding exchange rate. No additional decimal correction is applied since SOL amounts are already properly scaled.
- **Key fields**: Original `fees` amount in SOL and calculated USD equivalent using daily exchange rates

### Final aggregation
- **Combining components**: The USD-converted daily fee amounts are processed through the `finalize_metric_revenue` macro which applies standardized revenue metric schema and validation
- **Currency conversion**: All amounts are expressed in USD using end-of-day exchange rates for the SOL token
- **Time aggregation**: Data is aggregated at daily boundaries, with each day representing the total fees collected in that 24-hour period
- **Final calculation**: The final revenue metric equals the sum of all USD-converted fee payments received by BloXroute's fee collection address each day, with zero-filling applied for dates with no fee collection activity to maintain continuous time series data

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

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

bloXroute

Revenue

Revenue

Competitive landscape

Chain breakdown