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Blockchains (L2)

peaq

# peaq Treasury Methodology

## 1. Overview

The Peaq treasury metric measures the total value of native PEAQ tokens held in the protocol's treasury accounts, expressed in USD. This metric provides insight into the financial reserves and liquidity position of the Peaq protocol by tracking the daily balance of treasury holdings and converting them to USD using market prices.

The calculation aggregates native token balances from all treasury accounts on the Peaq blockchain, converts the raw balance data to proper token units, and applies daily PEAQ token prices to arrive at the final USD-denominated treasury value.

## 2. Data sources

- **Peaq treasury balances**: Native treasury balance records from the Peaq blockchain containing account addresses and free balance amounts stored in the protocol's treasury accounts
- **Peaq blockchain data**: Block data from the Peaq network providing accurate timestamps to establish when treasury balances were recorded
- **Token price feeds**: End-of-day PEAQ token price data from CoinGecko providing USD conversion rates

## 3. Step-by-step calculation

### Component A: Treasury balance extraction
- **Purpose**: Extract and process raw treasury balance data from the Peaq blockchain
- **Logic**: Retrieve native treasury balance records containing account addresses and free balance amounts. Join these balance records with Peaq block data to establish accurate timestamps for when each balance was recorded. Convert raw balance amounts from native blockchain units (wei-equivalent) to proper PEAQ token amounts by dividing by the token's decimal factor of 1e18. Aggregate all balances to daily boundaries by truncating timestamps to day level.
- **Key fields**: `address` for treasury account identification, `free` balance amounts in native units, `block_number` for timestamp linking, `timestamp` truncated to daily boundaries, `treasury_balance` in PEAQ token units

### Component B: Price data preparation  
- **Purpose**: Prepare PEAQ token price data for currency conversion
- **Logic**: Fetch end-of-day PEAQ token prices from CoinGecko using the calculate_cg_prices macro. This provides daily USD price points that correspond to the daily treasury balance aggregations.
- **Key fields**: `price` in USD for each day, `timestamp` aligned with daily boundaries

### Final aggregation
- **Combining components**: Join the daily treasury balance data with corresponding PEAQ price data using the daily timestamp as the common key. Sum all treasury balances across accounts to get total daily treasury holdings.
- **Currency conversion**: Multiply the total daily PEAQ treasury balance by the corresponding end-of-day PEAQ price to convert from native tokens to USD value
- **Time aggregation**: Data is aggregated and reported at daily boundaries with timestamps truncated to day level
- **Final calculation**: The final treasury value equals the sum of all treasury account PEAQ balances for each day multiplied by that day's PEAQ token price in USD, with results validated and formatted through the finalize_metric_treasury macro to ensure proper schema compliance and handle any data gaps

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

Total value of a project's onchain treasury, including its native token.

peaqPEAQ

Treasury

Treasury

Competitive landscape

Chain breakdown