# Mantra EVM Transaction count Methodology

## 1. Overview

Transaction count measures the number of confirmed transactions added to the Mantra EVM blockchain. It reflects how actively users engage with the network and provides a baseline for evaluating network demand and utilization. This metric represents the total volume of successfully processed on-chain actions within the Mantra EVM environment.

## 2. Data sources

- **Blockchain events**: Transaction records captured from Mantra EVM

## 3. Step-by-step calculation

### Component A: Mantra EVM transaction extraction

- **Purpose**: Identify and extract all unique transactions occurring on the network.
- **Logic**: Transaction data is retrieved from Mantra EVM. Specific fields, including the transaction hash and block timestamp, are extracted for each confirmed transaction. The transaction hash is utilized as a unique identifier to ensure that each on-chain action is counted exactly once.

### Component B: Daily aggregation and normalization

- **Purpose**: Consolidate transaction volume into daily intervals for reporting.
- **Logic**: Transactions are grouped by truncating block timestamps to a daily granularity using UTC day boundaries. The total number of distinct transaction hashes is calculated for each day. Data is processed to ensure all identifiers conform to standard formats, and any gaps in the time series are filled with zero values to maintain a continuous historical record.

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

Confirmed transactions added to the blockchain.

Transaction count

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

Transaction count

Transaction count

Chain breakdown