Mode Network batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

Mode Network is an L2 smart contract platform for decentralized applications on Ethereum. Mode Network was founded by James Ross and launched in 2024.

Mode Network team & investors own and govern the protocol. Mode Network has received a $6 million grant from the Optimism Foundation.

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Blockchains (L2)

Mode Network

# Mode Network Active users (daily) Methodology

## 1. Overview

Daily active users (DAU) for Mode blockchain measures the number of unique addresses that initiated at least one transaction on any given day. This metric provides insight into user engagement and adoption on the Mode Layer 2 network. The calculation identifies distinct transaction senders per day, providing a fundamental measure of blockchain activity and user participation.

## 2. Data sources

The calculation relies on the following raw data sources:
- **Mode blockchain transactions**: Complete transaction records from the Mode Layer 2 network, including sender addresses, timestamps, and transaction metadata
- **Block timestamps**: Precise timing data for when each transaction was included in a block on the Mode blockchain
- **Transaction metadata**: Additional transaction details such as transaction hashes used for data validation and deduplication

## 3. Step-by-step calculation

### Component A: User transaction extraction
- **Purpose**: Identify all users who initiated transactions on Mode blockchain
- **Logic**: Extract transaction data from Mode blockchain records, focusing on the sender address (`from_address`) and block timestamp (`block_timestamp`) for each transaction. Each transaction sender is classified as a 'Transaction sender' user type. Additional metadata is added including chain identification as 'mode', market sector as 'blockchains_l2', and business segment as 'blockchain'
- **Key fields**: `user_address` (transaction sender), `block_timestamp` (transaction timing), `transaction_hash` (unique identifier), `chain` (Mode), `user_type` (Transaction sender)

### Component B: Daily aggregation and deduplication  
- **Purpose**: Group transactions by day and identify unique users
- **Logic**: Transaction timestamps are truncated to daily boundaries using day-level granularity. For each day, the system identifies all distinct user addresses that sent at least one transaction. This creates a daily count of unique active users regardless of how many transactions each user initiated
- **Key fields**: `timestamp` (day-level boundary), `timestamp_grain` (day), `user_dau` (unique user address count)

### Final aggregation
- **Combining components**: The final metric combines the user identification from transaction data with daily time boundaries to produce daily unique user counts
- **Currency conversion**: Not applicable for user count metrics
- **Time aggregation**: Data is aggregated to daily boundaries, with each day representing a complete 24-hour period based on block timestamps
- **Final calculation**: The final DAU value represents the count of distinct user addresses that initiated at least one transaction on Mode blockchain for each specific day, with chain availability filters applied to ensure data quality and completeness

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

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

Mode NetworkMODE

Active users (daily)

Active users (daily)

Competitive landscape

Chain breakdown