# Arc Contracts deployed Methodology

## 1. Overview

Contracts deployed measures the number of unique smart contracts published onchain on Arc. This metric is utilized as a proxy for the volume of new infrastructure or applications launched on the network. It is used to provide insight into developer activity and ecosystem growth specifically for Arc.

## 2. Data sources

- **Blockchain events**: Contract creation traces on the Arc network, covering Arc

## 3. Step-by-step calculation

### Component A: Arc contract creation tracking

- **Purpose**: Identify and extract unique contract deployments on Arc
- **Logic**: Unique contract deployments are identified from onchain contract creation records. For each deployment, the `timestamp`, `contract_address`, `deployer_address`, `creation_trace_address`, `contract_bytecode`, and `creator_address` are extracted. Only distinct contract addresses are retained to ensure uniqueness.
- **Key fields**: `timestamp` (timing), `contract_address` (unique identifier)

### Component B: Daily aggregation and continuity

- **Purpose**: Aggregate contract deployments by day and ensure time series continuity
- **Logic**: The contract creation timestamps are truncated to daily granularity. The total number of unique contracts deployed is calculated by counting the records for each day. Days with no deployment activity are populated with a value of zero to ensure a continuous daily time series.
- **Key fields**: `timestamp` (daily boundary), `contracts_deployed` (count of deployments)

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

Unique smart contracts published onchain.

Contracts deployed

Blockchains (L1)

Users deposit funds into Circle account and receive USDC or EUROC at a 1:1 rate.

Circle is a financial technology company that is the principal architect of USDC and EUROC - full-reserve fiat stablecoins that bring US dollar and euro liquidity on-chain.

Circle is a private company registered in the US. Circle's investors include Goldman Sachs, Baidu, and IDG Capital etc.

Arc

Contracts deployed

Contracts deployed

Chain breakdown