website

twitter

Infrastructure

GMGN

# GMGN Fees Methodology

## 1. Overview

Fees measures the total value paid by users for trading activities conducted through the GMGN trading application. These fees represent the economic value generated by the platform from user trades and are collected in the native assets of the respective blockchains. The metric captures native asset transfers directed to designated protocol-controlled accounts across both EVM-compatible and Solana networks.

## 2. Data sources

- **Blockchain events**: native asset transfers and native flow records to designated fee collection accounts, covering Ethereum, Solana, BSC, Base, and Monad
- **External data**: end-of-day price feeds for native assets

## 3. Step-by-step calculation

### Component A: EVM native fee extraction

- **Purpose**: Capture native asset fee payments on EVM-compatible chains.
- **Logic**: Native asset inflows to the designated fee collection account are identified on BSC, Ethereum, Base, and Monad. Records are filtered to include only the `call_inflow` category with a value greater than zero to isolate fee payments made during contract interactions.
- **Key fields**: `block_timestamp`, `value`, `token_address`.

### Component B: Solana native fee extraction

- **Purpose**: Capture SOL fee payments on the Solana network.
- **Logic**: Native SOL transfer instructions directed to a specific set of nine fee collection accounts are parsed. Transactions where the transaction signer is also one of the fee collection accounts are excluded to prevent the inclusion of internal protocol transfers.
- **Key fields**: `block_timestamp`, `amount`, `transaction_signer`.

### Component C: Normalization and USD conversion

- **Purpose**: Normalize native asset quantities and convert them to a standardized USD value for aggregation.
- **Logic**: Amounts are normalized by their respective decimal precision, using 18 decimals for EVM native assets and 9 decimals for Solana native SOL. Daily fee totals are multiplied by end-of-day asset prices. Data is aggregated by day using UTC boundaries.
- **Key fields**: `timestamp`, `amount`, `price_usd`.

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

Total value users pay to use a protocol (gross fees, user-paid fees).

GMGN

Fees

Fees

Competitive landscape

Chain breakdown