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Real-world asset (RWA) issuers

Robinhood

# Robinhood Median transaction fee Methodology

## 1. Overview

Median transaction fee is calculated as the median fee paid across all transactions on Robinhood Chain. The typical amount paid by a user is shown by this metric, without being skewed by exceptionally high or low outlier values. Transaction costs are denominated in the native gas asset, Wrapped Ether (WETH), and converted to USD to enable standardized comparison. This metric is utilized to assess the economic accessibility and cost-efficiency of the network.

## 2. Data sources

- **Blockchain events**: Transaction records on Robinhood Chain, covering Robinhood Chain
- **External data**: End-of-day price feeds for the gas asset (WETH)

## 3. Step-by-step calculation

### Component A: Transaction fee extraction

- **Purpose**: Extract gas parameters for all transactions on Robinhood Chain to determine individual transaction costs
- **Logic**: Transaction records are parsed from Robinhood Chain. For each transaction, the gas used and the effective gas price are extracted. The total transaction fee is calculated by multiplying the gas used by the effective gas price, and this fee amount is then normalized by the decimal precision of the gas asset (WETH)
- **Key fields**: `gas_used`, `gas_price`, `block_timestamp`

### Component B: Median fee calculation

- **Purpose**: Determine the daily median transaction fee in the native asset
- **Logic**: Transaction fees are aggregated and grouped by day using the block timestamp. The median transaction fee is calculated for each day by identifying the 50th percentile of all transaction fees processed during that day
- **Key fields**: `block_timestamp`, `fee_amount`

### Component C: USD conversion and aggregation

- **Purpose**: Convert the median transaction fee to USD and finalize the metric
- **Logic**: The daily median transaction fee is multiplied by the end-of-day price of the gas asset (WETH) to convert the value to USD. The final dataset is adjusted to ensure daily continuity and filtered based on chain availability
- **Key fields**: `timestamp`, `transaction_fee_median`, `price_usd`

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

Robinhood

Median transaction fee

Median transaction fee

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