Validators process transactions and receive validator rewards (supply-side fees).

MultiversX is a smart contract platform for decentralized applications (a blockchain). MultiversX was founded by Beniamin Mincu and launched in 2018.

EGLD tokenholders own and govern the protocol. They currently take a cut of the transaction fees paid and give the cut to smart contract deployers (revenue).

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Blockchains (L1)

MultiversX

# MultiversX Active users (daily) Methodology

## 1. Overview

Daily Active Users (DAU) for Elrond measures the number of unique addresses that initiated at least one transaction on the Elrond blockchain each day. This metric answers the fundamental question of user engagement and network activity by counting transaction senders. The calculation uses pre-aggregated daily active user counts from the Elrond data scraper and formats them into multiple dimensional breakdowns for comprehensive analysis.

## 2. Data sources

The calculation relies on:
- **Elrond blockchain transaction data**: Pre-processed daily active user counts derived from analyzing unique transaction senders on the Elrond network
- **Active users dataset**: Daily aggregated counts of unique addresses that sent transactions, sourced from the Elrond scraper system

## 3. Step-by-step calculation

### Component A: Raw transaction senders extraction
- **Purpose**: Extract daily active user counts from the Elrond scraper data source
- **Logic**: The system retrieves pre-calculated daily counts of unique transaction senders from Elrond blockchain data. Each record represents the number of distinct addresses that initiated transactions on a specific day. All users are classified as `Transaction sender` type, and the data is associated with the Elrond chain within the `blockchains_l1` market sector and `blockchain` business segment.
- **Key fields**: `timestamp` for the day, `value` containing the DAU count (cast as `transaction_senders`), `chain` set to Elrond, and `user_type` set to Transaction sender

### Component B: Dimensional breakdowns
- **Purpose**: Create multiple analytical perspectives of the same DAU data for flexible reporting
- **Logic**: The system generates three identical copies of the DAU data with different dimensional configurations. The project-level breakdown provides aggregate DAU without additional dimensions. The chain-level breakdown includes the specific chain identifier (Elrond) for cross-chain analysis. The user-type-level breakdown includes the user classification (Transaction sender) for user behavior analysis. Each breakdown uses null values for unused dimensional fields.
- **Key fields**: `dimensions` field indicating the breakdown type, `chain_id` populated only for chain-level breakdown, `user_type` populated only for user-type breakdown, and `user_dau` containing the same DAU count across all breakdowns

### Final aggregation
- **Combining components**: All three dimensional breakdowns are combined using union operations to create a comprehensive dataset with multiple analytical perspectives of the same underlying DAU data
- **Currency conversion**: Not applicable as this metric counts users rather than monetary values
- **Time aggregation**: Data is already aggregated at daily grain from the source system, with each record representing one day's unique transaction sender count
- **Final calculation**: The metric applies standardization through the finalize macro, which ensures consistent schema formatting, fills any missing days with zero values to maintain continuous time series, and applies chain availability filtering to ensure data quality. The final DAU value represents the exact count of unique addresses that sent transactions on the Elrond blockchain for each day.

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

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

MultiversXEGLD

Active users (daily)

Active users (daily)

Competitive landscape