# Polkadot Coretime Transaction count Methodology

## 1. Overview

Transaction count measures the total number of confirmed transactions added to the Polkadot Coretime blockchain. This metric reflects the level of user engagement and network activity specifically related to blockspace allocation and core scheduling on Polkadot. It serves as a primary indicator of demand for the protocol's computational resources. Transactions are captured at the extrinsic level to ensure all on-chain interactions are accounted for within the specified period.

## 2. Data sources

- **Blockchain events**: Confirmed extrinsics from the `extrinsics` source, covering Polkadot Coretime

## 3. Step-by-step calculation

### Component A: Polkadot Coretime transaction extraction

- **Purpose**: Capture individual transaction records from the network.
- **Logic**: Transaction data is extracted from the `extrinsics` source on Polkadot Coretime. The `block_timestamp`, `extrinsic_hash`, and `extrinsic_id` are parsed and cast to standard formats. Each record represents a unique interaction submitted to the blockchain.
- **Key fields**: `block_timestamp`, `extrinsic_hash`, and `extrinsic_id`.

### Component B: Daily aggregation

- **Purpose**: Calculate the total volume of activity on a daily basis.
- **Logic**: The `block_timestamp` for each transaction is truncated to the day level. The final metric is calculated by performing a distinct count of the `extrinsic_id` for each day. This ensures that every unique extrinsic is counted exactly once within its respective UTC day boundary.
- **Key fields**: `block_timestamp` (truncated to day) and `extrinsic_id`.

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

Confirmed transactions added to the blockchain.

Transaction count

Blockchains (L2)

Network participants process transactions and receive fees from users (supply-side fees).

Polkadot is a security & interoperability platform for blockchains and applications. Polkadot was founded by Gavin Wood and launched in 2020.

DOT holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue). Polkadot’s investors include Polychain, IOSG Ventures, Hashkey, etc.

Polkadot Coretime

Transaction count

Transaction count

Chain breakdown