# Active users (daily) Methodology

## 1. Overview

Active users (daily) measures the number of unique addresses that make a revenue-generating transaction with a project, i.e. An application or a blockchain. This metric is calculated for both Near Protocol and Near Intents to capture a comprehensive view of network activity. Activity is identified through direct on-chain transactions and specialized intent-based operations, providing a standardized measure of daily user engagement within the ecosystem.

## 2. Data sources

- **Blockchain events**: `token_diff` and `transfer` events from `intents.near` contracts, and core transaction records from Near Protocol

## 3. Step-by-step calculation

### Component A: Near Protocol core activity extraction

- **Purpose**: Identify unique users performing standard transactions on the network.
- **Logic**: User addresses are extracted from native transaction records. For standard transactions, the signer account ID is identified as the active user. In the case of meta-transactions, which are identified by the `DELEGATE_ACTION` attribute, the receiver account ID is utilized as the user address to ensure the initiator of the transaction is accurately captured.
- **Key fields**: `signer_account_id`, `receiver_account_id`, `action_kind`

### Component B: Near Intents participant extraction

- **Purpose**: Capture user activity specifically related to the Near Intents product.
- **Logic**: Intent-based activity is parsed from logs where the executor is `intents.near`. Account addresses are extracted from `token_diff` events, which represent swap operations. Additionally, `transfer` events are analyzed; addresses from these events are included if the associated receipt ID matches a recorded swap operation. Both the account and receiver IDs from these filtered transfers are identified as active users.
- **Key fields**: `account_id`, `receiver_id`, `receipt_id`, `event`

### Component C: Deduplication and daily aggregation

- **Purpose**: Consolidate activity into a single daily count of unique participants.
- **Logic**: Addresses identified from both core transaction data and intent-based events are unified into a single dataset. Duplicate entries for the same address within the same UTC day are removed. The final count of unique addresses is then aggregated at a daily granularity for each product.
- **Key fields**: `block_timestamp`, `user_address`, `product_id`

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

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

Active users (daily)

Blockchains (L1)

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.