# deBridge Liquidity Network (DLN) Transaction count Methodology

## 1. Overview

Transaction count for deBridge Liquidity Network (DLN) measures the total number of confirmed cross-chain bridging transactions processed through the deBridge Liquidity Network (DLN) protocol. This metric reflects user engagement and the frequency of intent-based settlement activity within the deBridge Messaging ecosystem. Each transaction represents a successful interaction where assets are locked on a source chain to be fulfilled by market makers on a destination chain.

## 2. Data sources

- **Blockchain events**: `ClaimedUnlock` events from `DlnSource` contracts, covering Ethereum, Arbitrum, Avalanche, Base, and 4 other chains

## 3. Step-by-step calculation

### Component A: deBridge Liquidity Network (DLN) activity extraction

- **Purpose**: Identify and extract unique bridging transactions facilitated by the deBridge Liquidity Network (DLN) protocol.
- **Logic**: `ClaimedUnlock` events are parsed from `DlnSource` contracts across all supported chains. Each event corresponds to a specific cross-chain order fulfillment. The unique identifier for each transaction is captured through the transaction hash, ensuring that multi-event transactions are not double-counted. Asset addresses are identified, with null addresses being replaced by the wrapped native token address for each respective chain.
- **Key fields**: `transaction_hash` (unique identifier), `block_timestamp` (timing), `address` (contract identification)

### Component B: Daily aggregation and normalization

- **Purpose**: Organize transaction data into a standardized temporal and categorical format.
- **Logic**: The extracted transactions are grouped by day using UTC boundaries. The count of distinct transaction hashes is calculated for each combination of chain and product ID. The data is further enriched with standardized market sector and business segment identifiers. Any gaps in the time series for a specific chain are filled with zero values to maintain a continuous data record.
- **Key fields**: `transaction_count` (aggregated sum), `timestamp` (daily grain), `chain_id` (network identification)

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

Confirmed transactions added to the blockchain.

Transaction count

Bridges

deBridge operates two main products: (1) deBridge Messaging - node operators validate cross-chain transactions for data and asset transfers, and (2) DLN (deBridge Liquidity Network) - an order book of cross-chain intents where Makers create intents in the source chain and Takers provide liquidity on the destination chain. Validators currently do not take a cut of transfer fees (supply-side fees).

deBridge is an interoperability protocol with two products: deBridge Messaging enables decentralized transfers of data and assets between blockchains, and DLN (deBridge Liquidity Network) is a cross-chain token bridge and trading infrastructure. deBridge was founded by Alex Smirnov and launched in 2021, with DLN launched in 2023.

The deBridge team and investors own and govern the protocol. They currently take all transfer fees paid by traders (revenue). deBridge's investors include ParaFi Capital, Animoca Brands, Huobi Ventures, Lemniscap, etc. All fees paid by traders are accumulated on smart contracts operated by the deBridge team and will be governed by deBridge token holders.

deBridge Liquidity Network (DLN)

Transaction count

Transaction count

Chain breakdown