# Active users (daily) Methodology

## 1. Overview

Active users (daily) is measured as the total number of unique addresses that execute revenue-generating transactions through Stargate. User activity is identified via cross-chain swap interactions mediated by the protocol's smart contracts. This metric provides a daily count of distinct participants utilizing Stargate for asset transfers across multiple blockchain networks.

## 2. Data sources

- **Blockchain events**: `Swap` events from `StargateV1` contracts, covering Ethereum, Arbitrum, Avalanche, BSC, and 17 other chains

## 3. Step-by-step calculation

### Component A: Stargate activity extraction

- **Purpose**: To identify individual users engaging in Stargate bridging transactions
- **Logic**: Transaction sender addresses are parsed from `Swap` events emitted by `StargateV1` contracts. The address responsible for initiating the swap is captured from the `from` field of the event data. This extraction process is applied to all relevant transactions across the supported deployment chains.
- **Key fields**: `block_timestamp` (timing), `from` (address of the transaction sender)

### Component B: Daily aggregation and de-duplication

- **Purpose**: To calculate the number of unique daily participants
- **Logic**: User addresses are aggregated into 24-hour intervals using UTC day boundaries. A de-duplication process is performed to ensure that each unique address is counted only once per day. The final daily active user values are generated by calculating the distinct count of these addresses across the analyzed blockchain events.

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

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

Active users (daily)

Bridges

LayerZero uses a decentralized network of Validator Nodes to facilitate secure and fast communication between different blockchains.

LayerZero allows users to send and receive messages between different blockchains, and to bridge tokens between different blockchains.

LayerZero is a cross-chain interoperability protocol that enables secure and fast communication between different blockchains.

Stargate

Active users (daily)

Active users (daily)

Chain breakdown