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

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Blockchains (L1)

MANTRA

# MANTRA Number of validators Methodology

## 1. Overview

The number of validators metric measures the count of unique validators that actively proposed blocks on the Mantra blockchain within each day. This metric provides insight into the decentralization and participation level of the Mantra network's validator set. The calculation aggregates distinct validator addresses from daily block production data.

## 2. Data sources

- **Mantra blockchain block data**: Raw block records from the Mantra blockchain containing block metadata
- **Block proposer information**: Validator addresses that proposed each block 
- **Block timestamps**: Timestamp data for each block to enable daily aggregation
- **Block height data**: Sequential block numbers for data integrity

## 3. Step-by-step calculation

### Component A: Block data extraction
- **Purpose**: Extract validator and timing information from Mantra blocks
- **Logic**: Retrieves block metadata from Mantra blockchain including the `proposer_address` field which identifies the validator that proposed each block, along with block `timestamp` and `block_height`
- **Key fields**: `block_timestamp` for daily grouping, `proposer_address` as the validator identifier, `block_number` for data integrity

### Component B: Daily validator aggregation
- **Purpose**: Count unique validators active each day
- **Logic**: Groups all blocks by day using timestamp truncation to daily boundaries, then counts the number of distinct `validator` addresses (proposer addresses) for each day. This identifies how many unique validators were actively participating in block production
- **Key fields**: `timestamp` truncated to day level, `number_of_validators` as the distinct count of validator addresses, static values for `timestamp_grain` as 'day', `product_id` as null, and `chain_id` as 'mantra'

### Final aggregation
- **Combining components**: The daily validator counts are processed through the `finalize_metric_number_of_validators` macro with a 'fill_zeros' strategy to handle any missing days
- **Currency conversion**: Not applicable for this count-based metric
- **Time aggregation**: Data is aggregated at daily boundaries using timestamp truncation
- **Final calculation**: The final metric value represents the count of distinct validator addresses that proposed at least one block on each given day, providing a measure of active validator participation in the Mantra network

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

Number of active validators securing the network.

MANTRAMANTRA

Archived

Number of validators

Number of validators

Competitive landscape

Chain breakdown