Gravity Alpha batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

Gravity Alpha is an L2 smart contract platform for decentralized applications on Ethereum. Gravity Alpha was founded by Galxe and launched in 2024.

G tokenholders own and govern the protocol. Galxe's investors include Arbitrum Foundation, Multicoin Capital, Dragonfly Capital, etc.

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Blockchains (L2)

Gravity Alpha Mainnet

# Gravity Alpha Mainnet Fees Methodology

## 1. Overview

Gravity Alpha fees represents the total daily transaction fees paid on the Gravity Alpha Layer 2 blockchain, measured in USD. This metric captures all gas fees paid by users for transaction execution on the network. The calculation aggregates individual transaction gas costs, converts them from the native G token to USD using end-of-day prices, and provides a comprehensive view of fee revenue generated by the Gravity Alpha blockchain.

## 2. Data sources

- **Gravity Alpha blockchain transactions**: Raw transaction records from the Gravity Alpha blockchain containing gas usage metrics, transaction hashes, addresses, timestamps, and gas pricing information
- **External price data**: End-of-day price feeds from CoinGecko for the G token (identified as 'g-token'), providing daily USD conversion rates

## 3. Step-by-step calculation

### Component A: Transaction gas fee calculation
- **Purpose**: Extracts and calculates individual transaction gas fees from raw Gravity Alpha blockchain data
- **Logic**: Retrieves all transactions from Gravity Alpha blockchain records, focusing on gas-related fields including `receipt_effective_gas_price` and `receipt_gas_used`. Calculates individual transaction gas fees using the formula: gas fee = (`gas_used_amount` × `gas_price`) ÷ 1e18, where the division by 1e18 converts the result from wei (smallest unit) to G tokens. Each transaction is classified with standardized metadata including market sector as 'blockchains_l2' and business segment as 'blockchain'
- **Key fields**: `block_timestamp` for timing, `transaction_hash` for unique identification, `gas_price` and `gas_used_amount` for fee calculations, and calculated `gas_fee_amount` in G tokens

### Component B: Daily fee aggregation
- **Purpose**: Aggregates individual transaction fees into daily totals
- **Logic**: Groups all transaction gas fees by day using timestamp truncation to daily boundaries. Sums all `gas_fee_amount` values within each day while maintaining dimensional groupings by chain, market sector, business segment, and product classifications. Handles incremental processing to efficiently update recent data while maintaining historical records
- **Key fields**: Daily `timestamp`, aggregated `fees` (sum of all transaction gas fees), and dimensional identifiers for proper categorization

### Component C: Price data integration
- **Purpose**: Provides daily G token prices for USD conversion
- **Logic**: Retrieves end-of-day G token prices from CoinGecko market data using the 'g-token' identifier. Extracts daily price points that correspond to the fee calculation dates, ensuring proper temporal alignment between fee data and price data
- **Key fields**: Daily `timestamp` for joining, `price` in USD for the G token

### Final aggregation
- **Combining components**: Daily aggregated fees are joined with corresponding daily G token prices using timestamp matching to ensure each day's fees are converted using that day's closing price
- **Currency conversion**: Native G token fees are converted to USD by multiplying the aggregated daily `fees` by the corresponding daily `price` from CoinGecko
- **Time aggregation**: All calculations use daily boundaries with timestamp truncation to day level, ensuring consistent daily reporting periods
- **Final calculation**: The final metric value represents the total USD value of all transaction fees paid on Gravity Alpha for each day, calculated as: daily fees in G tokens × daily G token price in USD, with gap filling applied to ensure complete time series coverage using zero values for days with no transactions

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

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

Gravity Alpha MainnetG

Fees

Fees

Competitive landscape

Chain breakdown