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Real-world asset (RWA) issuers

Robinhood

# Robinhood Fees Methodology

## 1. Overview

Fees are measured as the total value paid by users to execute transactions on Robinhood Chain. Gas fees are generated when transactions are processed, smart contracts are deployed, or decentralized applications are interacted with on the network. The overall economic value and demand for block space on Robinhood Chain are represented by this metric.

## 2. Data sources

- **Blockchain events**: Transaction execution data, including gas used and effective gas price, captured on Robinhood Chain
- **External data**: End-of-day price feeds utilized for asset valuation

## 3. Step-by-step calculation

### Component A: Gas fee extraction

- **Purpose**: Gas consumption and pricing data are extracted for each transaction.
- **Logic**: Transaction-level data is parsed to retrieve the gas used and the effective gas price. The total gas fee for each transaction is calculated by multiplying the gas used by the effective gas price. Both L2 execution costs and L1 security fees are natively accounted for by this calculation, as the L1 component is already included within the effective gas price.
- **Key fields**: `gas_used` and `gas_price`

### Component B: Daily aggregation and normalization

- **Purpose**: Transaction fees are aggregated to a daily granularity and asset amounts are normalized.
- **Logic**: Transaction fees are aggregated on a daily basis using UTC day boundaries. The aggregated gas fees, denominated in Wrapped Ether (WETH), are normalized by decimal precision to convert the raw values into standard asset units.
- **Key fields**: `block_timestamp` and `token_address`

### Component C: USD conversion

- **Purpose**: Normalized daily gas fees are converted into USD.
- **Logic**: The normalized daily gas fees are multiplied by the end-of-day USD price of the native gas asset (WETH). Daily price feeds are joined based on the timestamp and asset address to produce the final USD-denominated fee metric.
- **Key fields**: `price_usd`

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

Total value users pay to use a protocol (gross fees, user-paid fees).

Robinhood

Fees

Fees

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