# Active users (daily) Methodology

## 1. Overview

Active users (daily) for Near Intents measures the number of unique addresses that engage in revenue-generating transactions through the Near Intents swap and transfer infrastructure. This metric identifies participants who execute intent-based swaps or related asset transfers facilitated by the protocol. By tracking unique daily interactions, the metric provides insight into the adoption and utility of intent-based execution on Near Protocol.

## 2. Data sources

- **Blockchain events**: `token_diff` and `transfer` events from `intents.near` contracts on Near Protocol

## 3. Step-by-step calculation

### Component A: Swap-based user identification

- **Purpose**: To identify unique users initiating swap transactions through the protocol.
- **Logic**: Logs from the `intents.near` contract are filtered to isolate `token_diff` events. The `account_id` field within the event data is extracted to represent the active user. These events signify the completion of intent-based swaps where token balances are updated and fees are collected.

### Component B: Swap-related transfer identification

- **Purpose**: To capture additional participants involved in asset movements directly tied to swap execution.
- **Logic**: `transfer` events from the `intents.near` contract are parsed. These events are filtered to include only those sharing a unique transaction receipt identifier with the swap events identified in Component A. From these filtered logs, both the `account_id` and the `receiver_id` are extracted as active users, ensuring all counterparties in a swap-related transfer are accounted for.

### Component C: Deduplication and daily aggregation

- **Purpose**: To calculate the final count of unique daily participants.
- **Logic**: All addresses identified from swaps and related transfers are combined into a single dataset. Duplicate addresses are removed for each transaction receipt and subsequently for each 24-hour UTC window. The final metric is calculated as the count of unique user addresses per day for the Near Intents product.

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

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

Active users (daily)

Exchanges (DEX)

Validators process transactions and receive validator rewards (supply-side fees).

NEAR Protocol is a smart contract platform for decentralized applications (a blockchain). NEAR Protocol was founded by Alexander Skidanov & Ilya Polosukhin and launched in 2017.

NEAR holders own and govern the protocol. They currently take (burn) all of the total transaction fees paid by users (revenue). NEAR Protocol's investors include a16z, Pantera Capital, Libertus, etc.