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Exchanges (CEX)

# OKX Active users (daily) Methodology

## 1. Overview

Active users (daily) is measured as the number of unique addresses from which transactions are initiated on X Layer. Network activity, user adoption, and ecosystem engagement are evaluated through this metric. Only transaction senders of executed transactions are counted, ensuring that active participation is captured over a fixed 24-hour window.

## 2. Data sources

- **Blockchain events**: Transaction records from the X Layer ledger, covering X Layer

## 3. Step-by-step calculation

### Component A: Transaction sender extraction

- **Purpose**: Identification of unique transaction senders on X Layer
- **Logic**: Raw transaction data is parsed from the ledger. The sender address is extracted from the transaction metadata to identify the active user. Each transaction is associated with its execution timestamp and transaction hash.
- **Key fields**: `block_timestamp` (timing), `user_address` (sender identification), `transaction_hash` (transaction identification)

### Component B: Daily deduplication and aggregation

- **Purpose**: Calculation of the daily count of unique active users
- **Logic**: Timestamps are truncated to daily boundaries using Coordinated Universal Time (UTC). Senders are deduplicated to ensure each unique address is counted only once per day. The final active users (daily) metric is aggregated by day and chain.
- **Key fields**: `block_timestamp` (daily boundary), `user_address` (unique sender)

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

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

OKXOKB

Active users (daily)

Active users (daily)

Competitive landscape

Chain breakdown