# Hyperbridge App Expenses Methodology

## 1. Overview

Expenses for Hyperbridge App is measured as the total value of token incentives distributed from the protocol treasury. These costs represent the capital deployed by the project to incentivize supply-side or demand-side participants and support general ecosystem operations. All expenses are valued in USD using end-of-day price feeds to ensure consistency across different time periods.

## 2. Data sources

- **Blockchain events**: `Transfer` events from the `balances` pallet, covering Hyperbridge Substrate
- **External data**: End-of-day price feeds for the native Hyperbridge asset

## 3. Step-by-step calculation

### Component A: Treasury incentive tracking

- **Purpose**: To identify and isolate token distributions originating from the protocol treasury.
- **Logic**: `Transfer` events are parsed from the `balances` pallet on Hyperbridge Substrate. Only successful transactions where the sender address matches the Hyperbridge treasury address (`13UVJyLkyUpEiXBx5p776dHQoBuuk3Y5PYp5Aa89rYWePWA3`) are included. Specific transfers associated with known founder addresses are excluded to ensure only protocol-level operating expenses and incentives are captured.
- **Key fields**: `from_address` (sender identification), `amount` (quantity of assets transferred), `block_timestamp` (transaction timing).

### Component B: Asset normalization and valuation

- **Purpose**: To convert raw on-chain transfer amounts into a standardized USD valuation.
- **Logic**: Raw transfer amounts are normalized by decimal precision. These normalized values are then multiplied by end-of-day price feeds for the native Hyperbridge asset. This process ensures that the cost of incentives is accurately reflected in dollar terms regardless of price volatility.
- **Key fields**: `amount` (normalized quantity), `price_usd` (asset valuation).

### Component C: Expense aggregation

- **Purpose**: To consolidate all identified treasury outflows into a single daily expense metric.
- **Logic**: Total token incentives are summed by day, chain, and product. This aggregated value is mapped to the expenses metric for Hyperbridge App. Daily granularity is maintained using UTC day boundaries, and a zero-fill strategy is applied to ensure data continuity for days without treasury activity.

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

Total project operating and incentive expenses.

Expenses

Bridges

Build once, connect everywhere. Hyperbridge gives developers the secure infrastructure to scale applications across any network.

Hyperbridge App

Archived

Expenses

Expenses

Chain breakdown