Honeypop is an AMM and concentrated liquidity layer on Scroll, built for efficient swaps and real yield. It will also feature a Morpho-powered money market, enabling seamless lending and borrowing.

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Exchanges (DEX)

Honeypop

# Honeypop Flash loan volume Methodology

## 1. Overview

Flash loan volume measures the total USD value of assets temporarily borrowed through flash loans on the Honeypop decentralized exchange. Flash loans are uncollateralized loans that must be repaid within the same blockchain transaction. This metric captures the economic activity and capital efficiency of the Honeypop protocol by tracking the volume of flash loan transactions across all trading pairs. The calculation aggregates daily flash loan amounts for both tokens in each trading pair, converts them to USD, and sums them to provide total daily flash loan volume.

## 2. Data sources

The flash loan volume calculation relies on several data sources:

- **Blockchain events**: Parsed `Pool_Flash_event` logs from Honeypop v1 smart contracts on Scroll blockchain, capturing flash loan amounts for both tokens in each trading pair
- **Trading pair data**: Parsed `Factory_PoolCreated_event` logs from Honeypop v1 factory contracts on Scroll, providing trading pair configurations including token addresses, fee tiers, and pool addresses
- **Transaction data**: Scroll blockchain transaction records containing user addresses and transaction metadata
- **External data**: End-of-day token price feeds providing USD conversion rates for all tokens involved in flash loans
- **Token metadata**: Token information including decimal places and symbols for proper amount conversion and display

## 3. Step-by-step calculation

### Component A: Flash loan event extraction
- **Purpose**: Extracts and processes raw flash loan events from Honeypop contracts
- **Logic**: Queries parsed `Pool_Flash_event` logs from Honeypop v1 contracts on Scroll blockchain. Each event contains the pool address, sender address, and flash loan amounts for both tokens (`amount0` and `amount1`). Joins with Scroll transaction data to identify the actual user address (`from_address`) rather than just the contract address. Filters out any denylisted trading pairs, though the denylist is currently empty. Captures essential metadata including transaction hash, log index, block timestamp, and contract addresses.
- **Key fields**: `amount0` and `amount1` (raw flash loan amounts), `sender` (contract user address), transaction `from_address` (actual user), pool `address`, `transaction_hash`, `log_index`, `block_timestamp`

### Component B: Trading pair dimension enrichment  
- **Purpose**: Enriches flash loan events with trading pair metadata and token information
- **Logic**: Joins flash loan events with trading pair dimension data derived from `Factory_PoolCreated_event` logs. This provides token addresses for both tokens in each pair (`token0_address`, `token1_address`), decimal places for proper amount conversion, token symbols for naming, and fee tier information. Creates account names by concatenating token symbols with a hyphen separator.
- **Key fields**: `token0_address`, `token1_address`, `token0_decimals`, `token1_decimals`, token symbols, `fee_tier`, `account_name`

### Component C: Daily aggregation and decimal correction
- **Purpose**: Aggregates flash loan amounts by day and applies decimal corrections
- **Logic**: Groups flash loan events by day using timestamp truncation, along with transaction hash and log index to maintain granularity. Applies decimal correction by dividing raw token amounts by 10 raised to the power of each token's decimal places. Sums the corrected amounts for `token0_amount` and `token1_amount` to handle any multiple flash loans within the same transaction and day.
- **Key fields**: Daily `timestamp`, corrected `token0_amount` and `token1_amount` (divided by 10^decimals)

### Final aggregation
- **Combining components**: The corrected daily token amounts are joined with end-of-day price feeds for both token0 and token1 using timestamp, chain, and token address as join keys
- **Currency conversion**: Each corrected token amount is multiplied by its corresponding end-of-day USD price. Token0 USD value and token1 USD value are then summed to get the total flash loan volume in USD. Missing prices default to zero using coalesce function
- **Time aggregation**: Data is aggregated at daily boundaries using timestamp truncation to day level, with timestamp grain set to 'day'
- **Final calculation**: The final flash loan volume equals the sum of (token0_amount × token0_price_usd) + (token1_amount × token1_price_usd) for each flash loan transaction, aggregated by day. The finalize_metric macro ensures proper schema validation, fills gaps with zeros for missing days, and applies chain availability filters

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

Total value of assets borrowed and repaid within the same transaction.

Honeypop

Flash loan volume

Flash loan volume

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