# Active users (monthly) Methodology

## 1. Overview

Active users (monthly) 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 30-day rolling 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: Monthly aggregation

- **Purpose**: Calculate the distinct count of active participants per 30-day window.
- **Logic**: User addresses are grouped by date using 30-day rolling windows. Within each 30-day window, the set of addresses is deduplicated to ensure each unique sender is represented only once per 30-day window, 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` (monthly truncation), `user_address` (unique identification for counting).

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

Unique revenue-generating users over a rolling 30-day window.

Active users (monthly)

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 (monthly)

Active users (monthly)

Chain breakdown