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

Gnosis Chain is a smart contract platform for decentralized applications (a blockchain). Gnosis was founded by Martin Köppelmann and Stefan George and launched in 2015.

GNO holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue). 

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Blockchains (L1)

Gnosis

# Gnosis Revenue Methodology

## 1. Overview

The Gnosis revenue metric measures the total daily protocol revenue generated from transaction fees on the Gnosis blockchain. This includes both base fees that are burned following EIP-1559 mechanics and blob fees from EIP-4844 blob transactions used for data availability. The metric represents the economic value captured by the protocol through its fee-burning mechanism and specialized transaction types, calculated in USD terms using the native wxDAI token.

## 2. Data sources

The calculation relies on three primary data sources:

- **Gnosis blockchain block data**: Block-level information including timestamps, block numbers, base fee per gas rates, and total gas usage per block
- **Gnosis blockchain transaction data**: Individual transaction records containing timestamps, transaction types, blob gas usage, blob gas prices, and other transaction metadata
- **End-of-day price feeds**: Daily price data for the wxDAI token (`0xe91d153e0b41518a2ce8dd3d7944fa863463a97d`) used to convert native token amounts to USD values

## 3. Step-by-step calculation

### Component A: Base fee calculation
- **Purpose**: Calculate daily revenue from base fees that are burned following EIP-1559 mechanics
- **Logic**: Process Gnosis block data by extracting the `base_fee_per_gas` field (converted from wei to ETH units by dividing by 10^18) and `gas_used` for each block. For each block, multiply the gas usage by the base fee per gas to determine the total base fee amount. Group transactions by day using timestamp truncation and sum all base fee amounts to get daily totals.
- **Key fields**: `block_timestamp` for daily grouping, `gas_used` for transaction volume, `base_fee_per_gas` for fee rates, and calculated `base_fee_amount` for revenue

### Component B: Blob fee calculation  
- **Purpose**: Calculate daily revenue from blob transaction fees used for data availability
- **Logic**: Process Gnosis transaction data by filtering to only type 3 transactions (blob transactions). Extract `blob_gas_used` and `blob_gas_price` fields (with prices converted from wei to ETH units by dividing by 10^18). For each blob transaction, multiply blob gas usage by blob gas price to determine the fee amount. Group by day using timestamp truncation and sum all blob fee amounts to get daily totals.
- **Key fields**: `transaction_type` for filtering, `blob_gas_used` for data volume, `blob_gas_price` for fee rates, and calculated `blob_fee_amount` for revenue

### Final aggregation
- **Combining components**: Union the daily base fee amounts and daily blob fee amounts into a single dataset, with each fee type treated as a separate revenue stream but both classified under the 'Blockchain' business line and 'blockchains_l1' market sector
- **Currency conversion**: Convert all native wxDAI amounts to USD using end-of-day price feeds for the wxDAI token address `0xe91d153e0b41518a2ce8dd3d7944fa863463a97d`
- **Time aggregation**: Daily boundaries are established by truncating timestamps to day level, ensuring consistent daily reporting periods
- **Final calculation**: The final metric represents the sum of USD-converted base fees and blob fees for each day, representing total protocol revenue from transaction fee burning and blob data availability services on Gnosis

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

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

GnosisGNO

Revenue

Revenue

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