Network participants process transactions and receive fees from users (supply-side fees).

Cosmos Hub is an interoperability & security platform for blockchains and applications. Cosmos was founded by Ethan Buchman & Jae Kwon and launched in 2019.

ATOM holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue). Cosmos’s investors include Paradigm, IOSG Ventures, 1confirmation, etc.

governance

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etherscan

website

Blockchains (L1)

Cosmos Hub

# Cosmos Hub Transaction count Methodology

## 1. Overview

The Cosmos transaction count metric measures the daily number of unique transactions processed on the Cosmos Hub blockchain. This metric provides insights into network activity and user engagement by counting distinct transactions that occur each day. The calculation uses a straightforward approach: extract all transactions from the Cosmos blockchain, deduplicate by transaction hash, and aggregate by day.

## 2. Data sources

The metric relies on the following data sources:

- **Cosmos Hub transaction records**: Raw blockchain transaction data from the Cosmos Hub network, containing transaction hashes, block timestamps, transaction fees, and other transaction metadata
- **Internal processing metadata**: Table edit cache data used for incremental data processing to track the latest processed partitions

## 3. Step-by-step calculation

### Component A: Transaction extraction and standardization
- **Purpose**: Extract and standardize raw transaction data from the Cosmos Hub blockchain
- **Logic**: All transaction records are retrieved from Cosmos Hub blockchain data. The `transaction_fee` field is converted from microatoms (uatom) to atoms by dividing by 10^6 to standardize the decimal representation. The `unit` field is set to 'uatom' to indicate the original unit. For incremental processing, only transactions from recent days (based on a configurable lookback period) are processed to optimize performance.
- **Key fields**: `block_timestamp` (when the transaction was included in a block), `transaction_hash` (unique identifier for each transaction), `transaction_fee` (fee paid, converted from microatoms to atoms), `unit` (set to 'uatom')

### Component B: Daily transaction aggregation
- **Purpose**: Count unique transactions per day and add standardized metadata for Token Terminal's metrics framework
- **Logic**: Transaction data is grouped by day using timestamp truncation of the `block_timestamp` field. Within each day, unique transactions are counted using the distinct `transaction_hash` values. Standardized metadata fields are added: `chain_id` is set to 'cosmos', `market_sector_id` to 'blockchains_l1', `business_segment_id` to 'blockchain', and `product_id` to null. The timestamp grain is set to 'day' to indicate daily aggregation.
- **Key fields**: `timestamp` (truncated to day boundary), `timestamp_grain` (set to 'day'), `chain_id` (set to 'cosmos'), `market_sector_id` (set to 'blockchains_l1'), `business_segment_id` (set to 'blockchain'), `product_id` (set to null), `transaction_count` (count of distinct transaction hashes)

### Final aggregation
- **Combining components**: The daily aggregated transaction counts are processed through Token Terminal's standard metric finalization framework, which validates the schema structure and ensures data consistency
- **Time aggregation**: Data is aggregated at daily boundaries using timestamp truncation, ensuring consistent day-level reporting across time zones
- **Gap filling**: Missing days are filled with zero transaction counts to maintain continuity in the time series using a 'fill_zeros' strategy
- **Chain availability filtering**: Final results are filtered based on chain availability rules to ensure only valid data periods are included in the metric output
- **Final calculation**: The final metric value represents the count of distinct transaction hashes that occurred on the Cosmos Hub blockchain within each calendar day

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

Confirmed transactions added to the blockchain.

Cosmos HubATOM

Transaction count

Transaction count

Competitive landscape