# Flow EVM Transaction participants (daily) Methodology

## 1. Overview

Transaction participants (daily) measures the number of unique addresses that participate in transactions on Flow EVM within a 24-hour window. This metric captures the primary active user base of the EVM-compatible layer on Flow by identifying the unique signers behind every transaction. These participants represent the core drivers of network activity and engagement within the Flow EVM environment.

## 2. Data sources

- **Blockchain events**: `transactions` from Flow EVM

## 3. Step-by-step calculation

### Component A: Flow EVM signer extraction

- **Purpose**: Identify unique active addresses initiating transactions on Flow EVM.
- **Logic**: Transaction signers are identified by extracting the `from_address` from all processed transactions on Flow EVM. This address represents the account that initiated and signed the transaction. Each unique address is captured and associated with the transaction's block timestamp to track activity.
- **Key fields**: `from_address` (signer identification) and `block_timestamp` (transaction timing).

### Component B: Daily aggregation and deduplication

- **Purpose**: Calculate the final daily count of unique transaction participants.
- **Logic**: Extracted signer addresses are grouped into 24-hour intervals using UTC day boundaries. A deduplication process is applied to ensure that each address is counted only once per day, regardless of the number of transactions submitted by that address within the period. The resulting daily totals represent the unique participant count for the Flow EVM product, which is subsequently integrated into project-level aggregates.
- **Key fields**: `user_address` (unique participant identifier).

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

Unique addresses participating in transactions over a fixed 24-hour window.

Transaction participants (daily)

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 participants (daily)

Transaction participants (daily)

Chain breakdown