# Active users (daily) Methodology

## 1. Overview

Active users (daily) is calculated as the number of unique addresses that make a transaction on Arc. This metric is utilized as a key indicator of user adoption, network activity, and overall utility of the Arc platform. By tracking the daily volume of distinct transaction senders, the level of active engagement with Arc's institutional features is evaluated over time. Active users (daily) are measured over a fixed 24-hour window.

## 2. Data sources

- **Blockchain events**: Transaction records from the Arc network, covering Arc

## 3. Step-by-step calculation

### Component A: Arc transaction sender extraction

- **Purpose**: Extract the unique addresses initiating transactions on Arc
- **Logic**: Transactions are parsed from the Arc network. For each transaction, the sender address is extracted from the sender address field and classified as a transaction sender. The block timestamp and transaction hash are also captured to establish the timing and uniqueness of each transaction.
- **Key fields**: `block_timestamp` (timing), `from_address` (user address), `transaction_hash` (transaction identifier)

### Component B: Daily active user aggregation

- **Purpose**: Aggregate unique transaction senders on a daily basis
- **Logic**: Transaction timestamps are truncated to daily granularity using UTC day boundaries. Distinct user addresses are aggregated per day, chain, and product to determine the active users (daily). Chain availability filters are applied to ensure data freshness and alignment with archival strategies.
- **Key fields**: `timestamp` (daily truncated time), `user_address` (unique user identifier), `chain` (network identifier), `product_id` (product identifier)

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

Unique revenue-generating users over a fixed 24-hour window.

Active users (daily)

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

Active users (daily)

Active users (daily)

Chain breakdown