Users complete Quests, Races, or other experiences to earn rewards.

Layer3 is a platform that allows anyone to discover web3 through interactive experiences.

L3 tokenholders own and govern the protocol. L3's investors include ParaFi Capital, Greenfield Capital, etc.

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Layer3

# Layer3 Active users (monthly) Methodology

## 1. Overview

Active users (monthly) measures the number of unique addresses that make a revenue-generating transaction with Layer3. This metric captures engagement across the platform's questing and credentialing ecosystem, including CUBE claiming, cross-chain bridging, referral activity, and reward distributions. Active users (monthly) are measured over a 30-day rolling window to provide insight into user growth and retention.

## 2. Data sources

- **Blockchain events**: `CubeClaim` events from `Cube` contracts, `EscrowRegistered` events from `Factory` contracts, and ERC-20 token transfers, covering Ethereum, Arbitrum, Avalanche, Base, and 7 other chains

## 3. Step-by-step calculation

### Component A: CUBE activity tracking

- **Purpose**: Identifies users interacting with the Layer3 credentialing system.
- **Logic**: Unique claimer addresses are extracted from `CubeClaim` events emitted by `Cube` contracts across all supported chains. These addresses represent participants who have completed quest-related requirements to mint on-chain credentials.

### Component B: Revenue and fee transaction tracking

- **Purpose**: Captures users participating in transactions that generate protocol revenue or involve fee payments.
- **Logic**: User addresses are identified from ERC-20 token transfers directed to designated Layer3 primary wallets and bridge-specific fee recipients. For business-to-business (B2B) operations, transfers to addresses previously identified via `EscrowRegistered` events from `Factory` contracts are included. This captures activity related to bridging fees, referral revenue, and platform payments.

### Component C: Reward payout tracking

- **Purpose**: Captures users receiving value distributions through the platform.
- **Logic**: Recipient addresses are extracted from ERC-20 token transfers originating from registered Layer3 escrow contracts. These transactions represent the successful distribution of rewards to users for quest completion.

### Monthly aggregation

- **Purpose**: Consolidates all identified user activity into a single monthly metric.
- **Logic**: All addresses identified from CUBE claims, revenue-generating transfers, and reward distributions are aggregated into a single dataset. Monthly values are calculated by counting the unique set of addresses per chain within a 30-day rolling window. Amounts associated with any underlying transfers are normalized by decimal precision.

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

Unique revenue-generating users over a rolling 30-day window.

Layer3L3

Active users (monthly)

Active users (monthly)

Competitive landscape

Chain breakdown