# Active users (daily) Methodology

## 1. Overview

Active users (daily) is defined as the total number of unique addresses that execute revenue-generating transactions. Interaction with the project is identified through the submission of `extrinsics`, which represent various on-chain activities at the consensus layer. A fixed 24-hour UTC window is utilized to aggregate these distinct participants. This metric is intended to provide visibility into the scale of the active user base within the ecosystem.

## 2. Data sources

- **Blockchain events**: `extrinsics` from the Polkadot Relay Chain

## 3. Step-by-step calculation

### Component A: Polkadot Relay Chain extrinsic extraction

- **Purpose**: Identify individual participants on the network through transaction metadata.
- **Logic**: All `extrinsics` are retrieved from the Polkadot Relay Chain. The address of the transaction sender is identified using the sender `id` field and cast to a standardized string format. Block timestamps are converted to a standardized timestamp format to ensure accurate temporal placement within UTC boundaries.
- **Key fields**: `block_timestamp` (timing), `id` (sender address identification), `extrinsic_hash` (transaction identification).

### Component B: Daily deduplication and aggregation

- **Purpose**: Calculate the distinct count of active participants per day.
- **Logic**: User addresses are grouped by date using 24-hour UTC intervals. Within each daily window, the set of addresses is deduplicated to ensure each unique sender is represented only once, regardless of the number of transactions executed. The resulting distinct count of addresses is then generated as the final value for the Polkadot Relay Chain.
- **Key fields**: `block_timestamp` (daily truncation), `user_address` (unique identification for counting).

*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)

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 Relay Chain

Active users (daily)

Active users (daily)

Chain breakdown