# Venus Flux Trade count Methodology

## 1. Overview

The number of trades executed on Venus Flux is measured by trade count. This metric is used to determine how frequently assets are bought or sold through the product. Overall trading activity and liquidity utilization on Venus Flux are reflected by the frequency of these transactions.

## 2. Data sources

- **Blockchain events**: `Swap` events from `FluidDex` contracts, covering BNB Chain

## 3. Step-by-step calculation

### Component A: Venus Flux trade extraction

- **Purpose**: To extract swap transactions executed on Venus Flux.
- **Logic**: `Swap` events from `FluidDex` contracts on BNB Chain are parsed. Transaction hashes, block timestamps, and log indices are extracted from these events. The transaction sender address is retrieved by joining the events with transaction data.
- **Key fields**: `transaction_hash`, `block_timestamp`, `chain_id`

### Component B: Trade count aggregation

- **Purpose**: To aggregate the total number of unique trades on a daily basis.
- **Logic**: The extracted trades are filtered to isolate those associated with Venus Flux. The number of unique trades is calculated by counting the distinct transaction hashes for each day. Daily boundaries are defined using UTC timestamps.
- **Key fields**: `timestamp`, `trade_count`

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

Number of trades executed on a decentralized exchange.

Trade count

Lending

Fluid acts as a lending, vault, and DEX platform for seamless DeFi interaction.

Fluid is a non-custodial lending, vaults, and DEX protocol built by Instadapp. Instadapp was founded by Samyak Jain & Sowmay Jain and launched in 2018.

FLUID tokenholders own and govern the protocol. They currently earn a cut of the fees generated through Fluid lending, vault and DEX services. Instadapp's investors include Coinbase Ventures, Pantera Capital, Robot Ventures, etc.

Venus Flux

Trade count

Trade count

Chain breakdown