# Active users (weekly) Methodology

## 1. Overview

Active users (weekly) measures the number of unique addresses that make a revenue-generating transaction with Project X. Distinct transaction senders who execute swaps within Project X liquidity pools are captured to represent active traders. This metric is utilized to assess user adoption, protocol engagement, and the overall economic activity of the Project X decentralized exchange. Active users (weekly) are measured over a 7-day rolling window.

## 2. Data sources

- **Blockchain events**: `Swap` events from `Pool` contracts and transaction metadata, covering HyperEVM

## 3. Step-by-step calculation

### Component A: Trade event extraction

- **Purpose**: Extract swap transactions and identify the initiating user addresses
- **Logic**: `Swap` events from `Pool` contracts are parsed and joined with transaction metadata on HyperEVM. The transaction signer address (the wallet that initiated and signed the transaction) is extracted as the user address, rather than the router or contract address. Only transactions occurring on or after July 8, 2025, are included.
- **Key fields**: `block_timestamp` (timing), `transaction_hash` (transaction identification), `user_address` (user identification)

### Component B: Weekly active user aggregation

- **Purpose**: Aggregate unique user addresses on a weekly basis
- **Logic**: Transaction timestamps are truncated to weekly granularity. Distinct user addresses are aggregated per 7-day window, chain, and product to determine the active users (weekly). A chain availability filter is applied to exclude data from archived or unapproved periods based on chain freshness.
- **Key fields**: `block_timestamp` (timing), `user_address` (user identification)

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

Unique revenue-generating users over a rolling 7-day window.

Active users (weekly)

Exchanges (DEX)