website

twitter

discord

Liquid staking

Trevee

# Trevee Active users (monthly) Methodology

## 1. Overview

Active users (monthly) is measured as the number of unique addresses that execute revenue-generating transactions with Trevee. Interactions with yield-bearing assets, including Rings scBTC, Trevee scETH, and Rings scUSD, are captured to reflect protocol engagement. This metric is utilized to assess the monthly adoption and utility of the protocol's liquid staking and governance modules across supported networks. Active users (monthly) are calculated over a 30-day rolling window.

## 2. Data sources

- **Blockchain events**: `Enter` and `Exit` events from `Rings scBTC`, `Trevee scETH`, `Rings scUSD`, `stkscBTC`, `stkscETH`, and `stkscUSD` contracts, plus `Deposit` and `Withdraw` events from `wstkscBTC`, `wstkscETH`, `wstkscUSD`, `veBTC`, `veETH`, and `veUSD` contracts, covering Ethereum and Sonic.

## 3. Step-by-step calculation

### Component A: User interaction identification

- **Purpose**: Identify unique addresses performing revenue-generating transactions with the protocol.
- **Logic**: `Enter` and `Exit` events are parsed from `Rings scBTC`, `Trevee scETH`, and `Rings scUSD` contracts, as well as their staked variants. `Deposit` and `Withdraw` events are identified from wrapped staked and voting escrow contracts. Participating addresses are extracted from the relevant event parameters to identify unique users.
- **Key fields**: `block_timestamp` (timing), `transaction_hash` (uniqueness), `from`, `by`, and `provider` (user addresses).

### Component B: Monthly distinct aggregation

- **Purpose**: Calculate the monthly count of unique users.
- **Logic**: Extracted addresses are aggregated into monthly counts using a 30-day rolling window. Duplicate addresses are removed within each 30-day window to determine the number of distinct active users. The final values are filtered according to chain-specific data availability and freshness.
- **Key fields**: `user_address` (deduplication), `chain` (network identification).

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

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

TreveeTREVEE

Active users (monthly)

Active users (monthly)

Competitive landscape

Chain breakdown