# Active users (monthly) Methodology

## 1. Overview

Active users (monthly) measures the unique number of addresses that initiate transactions on Mantra EVM within a 30-day rolling window. This metric serves as a key indicator of network adoption and on-chain activity. Every successful transaction on Mantra EVM is classified as a revenue-generating event for the network through the payment of transaction fees.

## 2. Data sources

- **Blockchain events**: Transactions on Mantra EVM
- **External data**: Asset metadata for address classification

## 3. Step-by-step calculation

### Component A: Mantra EVM user identification

- **Purpose**: Identifies the unique addresses responsible for initiating activity on the blockchain.
- **Logic**: Transaction records from Mantra EVM are parsed to extract the `from_address` for every successful interaction. This address is designated as the transaction sender, representing the primary unique identifier for the user.
- **Key fields**: `from_address` (user identification), `block_timestamp` (timing).

### Monthly aggregation

- **Purpose**: Calculates the total count of unique participants for each 30-day window.
- **Logic**: Transaction sender addresses are grouped by 30-day rolling windows based on the block timestamp. Deduplication is performed within each window to ensure that each address is counted only once per 30-day window, regardless of the number of transactions executed by that address.
- **Key fields**: `block_timestamp` (used for monthly grouping).

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

Unique revenue-generating users over a rolling 30-day window.

Active users (monthly)

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

Active users (monthly)

Active users (monthly)

Chain breakdown