# Mythos Substrate Transaction count Methodology

## 1. Overview

Transaction count measures the number of confirmed transactions added to the blockchain. It reflects how actively users engage with the Mythos Substrate network. Each transaction represents a cryptographic instruction or state change executed within the ecosystem, serving as a primary indicator of network utilization and user activity.

## 2. Data sources

- **Blockchain events**: `extrinsics` from Mythos Substrate

## 3. Step-by-step calculation

### Component A: Transaction identification

- **Purpose**: Identify unique transaction records on the network
- **Logic**: Transaction records are parsed from the `extrinsics` data on Mythos Substrate. Each unique transaction is identified by its `extrinsic_id` and associated with its corresponding block timestamp.
- **Key fields**: `extrinsic_id` (unique identifier), `block_timestamp` (timing)

### Component B: Daily aggregation

- **Purpose**: Calculate the total volume of transactions per day
- **Logic**: The number of distinct `extrinsic_id` values is aggregated on a daily basis. Data is truncated to the day level using UTC boundaries to provide a standardized view of network activity over time.
- **Key fields**: `extrinsic_id`, `block_timestamp`

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

Confirmed transactions added to the blockchain.

Transaction count

Blockchains (L1)

Collators aggregate parachain transactions block candidates and producing state transition proofs for validators based on those blocks.

Mythos Substrate

Archived

Transaction count

Transaction count

Chain breakdown