# Mantra EVM Fees Methodology

## 1. Overview

Fees measures the total value paid by users to execute transactions and interact with smart contracts on Mantra EVM. These transaction fees represent the economic value generated by the blockchain's execution environment. Fees are paid in the network's native asset and serve as the primary mechanism for resource allocation and network security compensation.

## 2. Data sources

- **Blockchain events**: Transaction and receipt data including gas consumption and execution pricing from Mantra EVM
- **External data**: End-of-day price feeds for the native gas asset

## 3. Step-by-step calculation

### Component A: Transaction gas fee extraction

- **Purpose**: To identify and calculate the cost of transaction execution on Mantra EVM.
- **Logic**: Transaction receipt data is parsed to extract the actual gas used and the effective gas price for every transaction. The gas fee for each individual transaction is calculated by multiplying the gas used by the effective gas price. These values are then normalized based on the standard decimal precision of the native gas asset.
- **Key fields**: `gas_used`, `effective_gas_price`, and `block_timestamp`

### Component B: USD conversion and aggregation

- **Purpose**: To normalize fee data into a standard currency and aggregate it for reporting.
- **Logic**: Calculated gas fees are aggregated to a daily granularity based on UTC day boundaries. These daily totals are multiplied by end-of-day price feeds for the native gas asset to determine the USD value. The resulting values are aggregated specifically for the Mantra EVM product.
- **Key fields**: `gas_fee` and end-of-day asset prices

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

Total value users pay to use a protocol (gross fees, user-paid fees).

Fees

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 EVM

Archived

Fees

Fees

Chain breakdown