Infrastructure

Maestro

# Maestro Active users (daily) Methodology

## 1. Overview

Daily Active Users (DAU) for Maestro measures the number of unique traders who actively used the protocol on each day. This metric identifies active users by tracking fee payments to Maestro's fee collection addresses on Solana. The calculation assumes that any user who paid fees to the protocol during a day was actively trading and should be counted as a daily active user.

## 2. Data sources

The metric relies on the following raw data sources:
- **Solana native token transfers**: Native SOL transfers on the Solana blockchain, specifically transfers directed to Maestro's fee collection addresses
- **Solana transaction records**: Transaction metadata including signers and timestamps for each transfer
- **Protocol addresses**: Maestro's designated fee collection address (`MaestroUL88UBnZr3wfoN7hqmNWFi3ZYCGqZoJJHE36`) used to identify relevant fee payments

## 3. Step-by-step calculation

### Component A: Fee payment identification
- **Purpose**: Identify all fee payments made to Maestro protocol
- **Logic**: Extract native SOL transfers where the recipient address matches Maestro's fee collection address. Filter out self-transfers where the fee collection address is also the sender to avoid counting internal protocol operations. Each transfer represents a fee payment from a trader using the protocol.
- **Key fields**: `block_timestamp` for timing, `transaction_signer` as user identifier, `to_address` for filtering fee recipients, `amount` for fee value

### Component B: Daily user aggregation  
- **Purpose**: Count unique active users per day
- **Logic**: Group fee payments by day using timestamp truncation to create consistent daily boundaries. Apply distinct logic on the transaction signer field to ensure each user is counted only once per day, regardless of how many transactions they performed. This prevents double-counting active users who made multiple trades in a single day.
- **Key fields**: `timestamp` truncated to day granularity, `signer` as the unique user identifier, `user_type` classified as 'Trader'

### Final aggregation
- **Combining components**: The final metric directly uses the daily user aggregation results without additional joining or summing
- **Currency conversion**: No currency conversion is applied as this is a count-based metric measuring user activity rather than monetary value  
- **Time aggregation**: Daily boundaries are established by truncating timestamps to day granularity, ensuring consistent day-based grouping
- **Final calculation**: The final DAU value represents the count of distinct transaction signers who paid fees to Maestro on each day, with each unique signer counted exactly once per day regardless of transaction frequency

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

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

Maestro

Active users (daily)

Active users (daily)

Competitive landscape

Chain breakdown