# Active users (monthly) Methodology

## 1. Overview

Active users (monthly) measures the number of unique addresses that execute revenue-generating swap transactions through XRPL AMM liquidity pools over a rolling 30-day period. Users are identified by their account address when initiating transactions that route through XRPL AMM pools, capturing trading activity that generates protocol fees. This metric isolates XRPL AMM trading participants from other XRP Ledger activity.

## 2. Data sources

- **Blockchain data**: XRPL AMM reserve state changes from XRP Ledger, paired with transaction metadata including account addresses and transaction types
- **XRPL AMM pool identification**: Pool addresses and reserve updates used to identify which transactions interacted with XRPL AMM liquidity

## 3. Step-by-step calculation

### Component A: XRPL AMM swap transaction identification

- **Purpose**: Isolate transactions that route through XRPL AMM pools and generate trading fees
- **Logic**: Reserve state changes for XRPL AMM pools are joined with transaction metadata. Only `Payment` and `OfferCreate` transaction types that successfully complete (`tesSUCCESS` result) and trigger reserve updates are included. These transaction types represent swap activity routed through the XRP Ledger DEX engine that interacts with XRPL AMM liquidity pools.
- **Key fields**: `transaction_type` (swap method), `transaction_result` (success status), `pool_address` (XRPL AMM pool identification), `account` (user address)

### Component B: Monthly user aggregation

- **Purpose**: Count unique active traders per 30-day period
- **Logic**: Transaction timestamps are truncated to UTC day boundaries. User addresses are extracted from the `account` field representing the transaction initiator. Unique addresses are counted per 30-day window to produce monthly active user totals. Each address is counted once per 30-day window regardless of transaction volume.

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

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

Active users (monthly)

Exchanges (DEX)

Through the use of blockchain and modern APIs, Ripple enables financial institutions who are part of the network, RippleNet, to send money globally, instantly, reliably and for fractions of a penny. RippleNet is built on top of Ripple’s consensus ledger, XRP Ledger (XRPL).

Ripple is the leading provider of crypto-enabled solutions for businesses. Ripple was founded by Chris Larsen and Jed McCaleb and launched in 2012 (previously OpenCoin).

XRP tokenholders own and govern Ripple's consensus ledger 'XRP Ledger' (XRPL). Ripple's investors include a16z, Pantera Capital, Route 66 Ventures, etc.