# Active users (daily) Methodology

## 1. Overview

Active users (daily) measures the number of unique addresses that initiate revenue-generating transactions on Mantra Chain. This metric serves as a key indicator of network adoption and user engagement by identifying the unique transaction signers and message senders interacting with the blockchain. Data is aggregated at a daily granularity to track the growth and retention of the Mantra Chain user base.

## 2. Data sources

- **Blockchain events**: `message` events from Mantra Chain

## 3. Step-by-step calculation

### Component A: Mantra Chain activity tracking

- **Purpose**: Extract unique user addresses from the primary message-passing layer of Mantra Chain.
- **Logic**: User addresses are extracted from the `sender` attribute within `message` events where the event type is defined as `message`. These addresses represent the originators of transactions and operations processed by the blockchain.
- **Key fields**: `event_attributes` (metadata containing the sender), `block_timestamp` (timing)

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

- **Purpose**: Calculate the total count of unique active users (daily) per UTC day.
- **Logic**: All identified sender addresses are grouped by UTC calendar days. A distinct count is performed on the user addresses to ensure that each address is counted only once per 24-hour window, regardless of how many individual transactions or messages were initiated by that user.

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

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

Active users (daily)

Blockchains (L1)

Mantra is a Decentralized Exchange (DEX), initially built on Ethereum and upgraded to the Mantra Chain, a blockchain built on the Cosmos SDK.

Mantra Chain

Archived

Active users (daily)

Active users (daily)

Chain breakdown