Decouples execution, sequencing, and verification into specialized roles to maximize hardware utilization. Settles to Ethereum as an L2. Run via a single sequencer model with stateless validation. Uses an EVM-compatible execution environment.

MegaETH is an Ethereum Layer 2 blockchain that targets 100,000+ transactions per second and sub-10ms block times. Its architecture separates sequencers, executors, and verifiers to maximize hardware efficiency and uses an in-memory state structure called SALT (Small Authentication Large Trie) to eliminate disk I/O during execution.

Founded by Shuyao Kong and Namik Muduroglu. MegaETH Labs leads protocol development; the network is intended to be operated by independent sequencers, executors, and verifiers.

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Blockchains (L2)

MegaETH

# MegaETH Average fees per user (AFPU) Methodology

## 1. Overview

Average fees per user (AFPU) measures the fees paid per active user over a fixed 24-hour window on MegaETH. This metric is calculated by dividing total daily fees by active users (daily). The average economic cost incurred by an individual user for executing transactions on the network is reflected by this metric. All fee values are converted to USD to facilitate standardized comparison across different blockchain networks.

## 2. Data sources

- **Blockchain events**: Transaction execution details and sender addresses parsed from transactions, covering MegaETH
- **External data**: End-of-day price feeds for the native gas asset

## 3. Step-by-step calculation

### Component A: Gas fee extraction

- **Purpose**: Calculate the total gas fees paid for transaction execution and L1 settlement
- **Logic**: L2 execution fees are calculated by multiplying gas used by the gas price. L1 settlement fees are extracted directly from the L1 fee field. Both fee components are summed to determine the total gas fee per transaction. Amounts are normalized by decimal precision.
- **Key fields**: `gas_used`, `gas_price`, and `l1_fee`

### Component B: active users (daily) tracking

- **Purpose**: Identify unique active users on a daily basis
- **Logic**: Transaction sender addresses are extracted from transaction records. Unique sender addresses are aggregated daily to calculate the active users (daily) metric.
- **Key fields**: `from_address`

### Component C: USD conversion and average fee calculation

- **Purpose**: Convert fee values to USD and calculate the average fees paid per active user
- **Logic**: Total daily gas fees are multiplied by the end-of-day price of the native gas asset (ETH) to convert the values to USD. The average fees per user (AFPU) is then calculated by dividing the total daily fees in USD by the active users (daily).
- **Key fields**: `fees`, `user_dau`, and `price_usd`

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

MegaETHMEGA

Average fees per user (AFPU)

Average fees per user (AFPU)

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