# Injective EVM Transactions per second Methodology

## 1. Overview

Transactions per second measures the average number of confirmed user transactions added to the Injective EVM blockchain each second. This metric reflects both the network’s throughput and real-time usage within its EVM-compatible environment. It serves as a key indicator of network activity and capacity utilization for Injective EVM.

## 2. Data sources

- **Blockchain events**: Transaction and block data from Injective EVM

## 3. Step-by-step calculation

### Component A: Injective EVM transaction counting

- **Purpose**: To identify and count the total number of unique transactions confirmed on the network.
- **Logic**: Unique transactions are identified by extracting the `transaction_hash` from Injective EVM transaction records. These records are filtered to include only confirmed transactions and are aggregated to produce a total count for each 24-hour period based on the `block_timestamp`.
- **Key fields**: `transaction_hash`, `block_timestamp`

### Component B: Throughput calculation

- **Purpose**: To convert the daily transaction volume into a per-second average.
- **Logic**: The total daily transaction count is divided by the total number of seconds in a day (86,400). This calculation produces the average transactions per second for the given date. Daily granularity is maintained using UTC day boundaries.
- **Key fields**: `transaction_count` (aggregated sum)

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

Average confirmed user transactions added per second.

Transactions per second

Blockchains (L1)

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

Injective is a smart contract platform for decentralized finance applications (a blockchain) and an orderbook exchange protocol. Injective was founded by Eric Chen, Albert Chon etc. and launched in 2020. Note that this dashboard only tracks Injective's blockchain business.

INJ holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue) via Burn Auctions. Injective's investors include Binance, Jump Crypto, Mark Cuban, etc.

Injective EVM

Transactions per second

Transactions per second

Chain breakdown