# Flow EVM Transaction count Methodology

## 1. Overview

Transaction count measures the total number of confirmed transactions added to Flow EVM. This metric reflects the level of user and developer activity within the EVM-compatible environment on the Flow network. By tracking the volume of unique transaction executions, the metric serves as a primary indicator of network utilization and engagement.

## 2. Data sources

- **Blockchain events**: Confirmed transactions from Flow EVM
- **External data**: End-of-day price feeds for native asset gas valuation (when applicable for associated fee metrics)

## 3. Step-by-step calculation

### Component A: Flow EVM transaction extraction

- **Purpose**: To identify and capture all transactions executed on the Flow EVM layer.
- **Logic**: Transaction data is extracted directly from Flow EVM block records. For each transaction, the unique transaction hash and the block timestamp are retrieved. Only confirmed transactions are processed to ensure the accuracy of the activity count.
- **Key fields**: `transaction_hash` (unique identifier), `block_timestamp` (chronological placement)

### Component B: Deduplication and daily aggregation

- **Purpose**: To calculate a distinct count of transactions on a daily basis.
- **Logic**: Transactions are grouped into daily intervals based on UTC day boundaries using the block timestamp. A distinct count of transaction hashes is performed for each period to ensure that no single transaction is counted multiple times. This aggregation is conducted specifically for the Flow EVM product identifier.
- **Key fields**: `transaction_count` (distinct count result)

### Component C: Finalization and zero-filling

- **Purpose**: To ensure data consistency and provide a continuous time series.
- **Logic**: The aggregated transaction data is processed through a finalization macro where fields are cast to standardized data types. A zero-filling strategy is applied to provide a value of zero for any days where no transaction activity is detected. A chain availability filter is utilized to ensure that only data within the approved freshness window for Flow EVM is included in the final output.

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

Confirmed transactions added to the blockchain.

Transaction count

Blockchains (L1)

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

Flow is a smart contract platform for decentralized applications (a blockchain). Flow was founded by Roham Gharegozlou, Dieter Shirley and Mikhael Naayem and launched in 2019.

FLOW holders own and govern the protocol. They currently don’t take a cut of the total transaction fees paid by users (revenue). Flow’s investors include a16z, Coatue, Coinfund, Fabric Ventures, etc.

Flow EVM

Transaction count

Transaction count

Chain breakdown