# Active users (daily) Methodology

## 1. Overview

Active users (daily) measures the number of unique addresses that make a revenue-generating transaction with Mantra Zone. Unique addresses interacting with the decentralized exchange to perform swaps are identified and tracked. User engagement is quantified by capturing these interactions over a fixed 24-hour window.

## 2. Data sources

- **Blockchain events**: `execute_swap_operations` actions from Mantra Zone contracts, covering Mantra.

## 3. Step-by-step calculation

### Component A: Mantra Zone swap identification

- **Purpose**: Identify revenue-generating swap transactions performed on the exchange.
- **Logic**: `execute_swap_operations` actions are parsed from `wasm` events emitted by the Mantra Zone exchange contract. Only transactions interacting with the specific exchange contract address are included. These events are used to confirm that a trade was executed, as they are associated with the generation of swap, protocol, and burn fees.
- **Key fields**: `sender` (user address), `block_timestamp` (event timing), `_contract_address` (contract identification).

### Component B: Daily unique address aggregation

- **Purpose**: Calculate the daily count of unique swap participants.
- **Logic**: The `sender` addresses identified in Component A are aggregated by day using a UTC-based 24-hour window. Distinct addresses are counted to ensure that each user is represented only once per day, regardless of their total transaction volume or frequency. Duplicate interactions from the same address within the same 24-hour period are excluded.

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

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

Active users (daily)

Exchanges (DEX)

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

Mantra Zone

Archived

Active users (daily)

Active users (daily)

Chain breakdown