# Active users (daily) Methodology

## 1. Overview

Active users (daily) is calculated as the number of unique addresses involved in executed trades on Katana Perps on any given day. This metric is utilized to evaluate user adoption, engagement, and overall trading activity within the Katana Perps ecosystem. Unique wallets are identified from both sides of every executed trade, capturing both buyers and sellers. Active users (daily) are aggregated over a fixed 24-hour window using UTC boundaries.

## 2. Data sources

- **Blockchain events**: `TradeExecuted` events from V1 and V2 `Exchange` contracts, covering Katana Network

## 3. Step-by-step calculation

### Component A: Katana Perps trade wallet extraction

- **Purpose**: Extract buyer and seller addresses from executed trades
- **Logic**: `TradeExecuted` events are parsed from V1 and V2 `Exchange` contracts. From each event, the buyer address (`buyWallet`) and seller address (`sellWallet`) are extracted to capture all active participants in a trade. These addresses are compiled into a unified list of active wallets associated with their respective block timestamps.
- **Key fields**: `block_timestamp`, `buyWallet`, `sellWallet`

### Component B: Daily deduplication and aggregation

- **Purpose**: Calculate the daily count of unique active traders
- **Logic**: The extracted buyer and seller addresses are grouped by day using UTC boundaries. Duplicate addresses within the same 24-hour window are removed to ensure each unique wallet is counted only once per day. The final active users (daily) metric is generated by aggregating these unique addresses for Katana Perps.
- **Key fields**: `block_timestamp`, `wallet`

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

Unique revenue-generating users over a fixed 24-hour window.

Active users (daily)

Derivative exchanges

The network uses pessimistic proofs via the AgglayerGateway for settlement on Ethereum, with vault bridges for cross-chain asset transfers.

Katana Network provides a scalable execution environment connected to Ethereum through the Agglayer interoperability layer.

Katana Perps

Active users (daily)

Active users (daily)

Chain breakdown