Validators process transactions and receive fees from users (supply-side fees).

Mina is a smart contract platform for decentralized applications (a blockchain). Mina was founded by Evan Shapiro & Izaak Meckler and launched in 2017.

Mina’s investors include Pantera Capital, FTX Ventures, Circle Ventures, etc.

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Blockchains (L1)

Mina Protocol

# Mina Protocol Active users (daily) Methodology

## 1. Overview

Daily Active Users (DAU) for Mina Protocol measures the number of unique addresses that initiated at least one transaction on the Mina blockchain within a given day. This metric answers the fundamental question of user engagement and network activity by tracking distinct transaction senders on a daily basis. The calculation follows a straightforward approach: identify all transaction senders from raw blockchain data, group them by day, and count distinct addresses.

## 2. Data sources

The calculation relies on a single primary data source:
- **Mina blockchain transaction records**: Raw transaction data from the Mina Protocol blockchain containing block timestamps, transaction hashes, and sender addresses. This data represents all on-chain transactions processed by the Mina network.

## 3. Step-by-step calculation

### Component A: User identification
- **Purpose**: Extract and classify user addresses from raw transaction data
- **Logic**: The system processes raw Mina blockchain transaction records to identify user addresses. Each transaction record contains a sender address which represents the user who initiated the transaction. All sender addresses are classified as "Transaction sender" user type, indicating they represent active users who submitted transactions to the network. The data is categorized under the "blockchains_l1" market sector and "blockchain" business segment to properly classify Mina as a Layer 1 blockchain protocol.
- **Key fields**: `sender` address becomes `user_address`, `block_timestamp` for timing, `transaction_hash` for transaction identification, and static classification fields for user categorization

### Component B: Daily aggregation  
- **Purpose**: Group user activity by daily time boundaries and count distinct users
- **Logic**: Block timestamps are truncated to daily boundaries using day-level granularity, effectively grouping all transactions that occurred within the same calendar day. The system then applies distinct counting logic to the user addresses within each day, ensuring that users who performed multiple transactions on the same day are only counted once. This creates a true count of unique daily active users rather than transaction volume.
- **Key fields**: `timestamp` truncated to day level, `user_address` for distinct counting, `timestamp_grain` set to "day" to indicate daily aggregation

### Final aggregation
- **Combining components**: The user identification and daily aggregation components are combined in a single data flow, where user addresses extracted from transaction data are immediately grouped and counted by daily boundaries
- **Currency conversion**: Not applicable for user count metrics
- **Time aggregation**: Daily boundaries are created by truncating block timestamps to the day level, with all transactions occurring within a 24-hour period grouped together
- **Final calculation**: The final DAU value represents the count of distinct user addresses that appeared as transaction senders within each calendar day, with chain availability filtering applied to ensure data completeness and quality

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

Unique revenue-generating users over a fixed 24-hour window.

Mina ProtocolMINA

Archived

Active users (daily)

Active users (daily)

Competitive landscape