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Moonshot

# Moonshot Fees Methodology

## 1. Overview

This metric measures the total daily fees collected by the Moonshot protocol on Solana. Moonshot is a token launch platform on Solana, and fees are collected when users interact with the protocol for token launches, trades, or other platform activities. The metric captures fees collected in both native SOL and various SPL tokens, converts them to USD, and aggregates them daily. This provides insight into Moonshot's revenue generation and platform usage.

## 2. Data sources

- **Solana native transfers**: Native SOL transfer events on the Solana blockchain showing movements of SOL between addresses
- **Solana SPL token transfers**: SPL (Solana Program Library) token transfer events capturing movements of SPL tokens between addresses and token accounts
- **End-of-day token price feeds**: Daily closing prices for SOL and SPL tokens used for USD conversion
- **Token metadata**: Token information including decimal places for proper amount normalization

## 3. Step-by-step calculation

### Component A: Native SOL fee collection
- **Purpose**: Captures fees collected by Moonshot in native SOL
- **Logic**: Identifies all native SOL transfers sent to Moonshot's fee collection address `5wkyL2FLEcyUUgc3UeGntHTAfWfzDrVuxMnaMm7792Gk`. Filters out any transfers where the transaction signer is the fee collection address itself to avoid counting self-transfers or internal operations. Records the transfer amount, transaction details, and hardcodes the `token_address` as wrapped SOL address `So11111111111111111111111111111111111111112` for consistent token identification.
- **Key fields**: `block_timestamp` for timing, `transaction_id` for unique identification, `transaction_signer` as the fee payer, `amount` as the SOL fee collected

### Component B: SPL token fee collection  
- **Purpose**: Captures fees collected by Moonshot in various SPL tokens
- **Logic**: Identifies all SPL token transfers sent to accounts owned by Moonshot's fee collection address `5wkyL2FLEcyUUgc3UeGntHTAfWfzDrVuxMnaMm7792Gk`. Uses the `to_owner_address` field to identify transfers to accounts owned by the fee address. Filters out transfers where the transaction signer is the fee collection address to avoid self-transfers. Preserves the actual `token_address` from each transfer event to track fees in different SPL tokens.
- **Key fields**: `block_timestamp` for timing, `transaction_id` for unique identification, `token_address` for the specific SPL token, `transaction_signer` as the fee payer, `amount` as the token fee collected

### Component C: Daily fee aggregation
- **Purpose**: Combines and aggregates all fee collections by day and token
- **Logic**: Unions the native SOL fees and SPL token fees into a single dataset. Groups the combined data by day using timestamp truncation to daily boundaries, along with chain, product ID, and token address. Sums all fee amounts for each unique combination, consolidating multiple fee collections of the same token on the same day into single records.
- **Key fields**: `timestamp` truncated to daily boundaries, `chain_id` set to 'solana', `product_id` set to null, `token_address` identifying the fee token, `fees` as the daily sum of collected amounts

### Final aggregation
- **Combining components**: The daily aggregated fees from both SOL and SPL token collections are combined in a union, creating a comprehensive view of all fees collected by Moonshot regardless of token type
- **Currency conversion**: Applies decimal correction based on each token's metadata to normalize amounts to standard decimal places, then converts all fee amounts to USD using end-of-day token prices matched by token address and date
- **Time aggregation**: Uses daily boundaries created by timestamp truncation, ensuring all fees within a 24-hour period are grouped together
- **Final calculation**: The final metric value represents the total USD value of all fees collected by Moonshot on each day, with missing days filled with zero values to maintain a complete daily time series

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

Total value users pay to use a protocol (gross fees, user-paid fees).

Moonshot

Fees

Fees

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