CapCAP

The Weekly Active Users (WAU) metric measures the number of unique users who have interacted with the CAP protocol within any 7-day rolling window period. CAP is a decentralized derivatives platform offering perpetual trading, and this metric tracks distinct trader addresses that have executed trading activities such as opening, modifying, or closing positions. The calculation uses HyperLogLog sketches for efficient approximate distinct counting across rolling 7-day windows, enabling accurate user counting while handling the computational complexity of large-scale blockchain data.Learn more