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Blockchains (L2)

Rootstock

# Rootstock Average transaction fee Methodology

## 1. Overview

Average transaction fee measures the average value paid by users per transaction on the Rootstock network. This metric reflects the typical cost of interacting with the protocol's smart contracts or transferring assets. As a Bitcoin sidechain, Rootstock transaction fees are paid in RBTC (Smart Bitcoin) and are influenced by the demand for block space and the complexity of transaction execution.

## 2. Data sources

- **Blockchain events**: Transaction data including gas usage and gas prices from the Rootstock network
- **External data**: End-of-day price feeds for the native asset (RBTC)

## 3. Step-by-step calculation

### Component A: Individual transaction fee extraction

- **Purpose**: Calculate the specific fee paid for every transaction recorded on the network.
- **Logic**: Gas price and gas used values are extracted from transaction records. Since Rootstock operates as a pre-EIP-1559 chain, the total fee for each transaction is calculated by multiplying the gas price by the gas used.
- **Key fields**: `gas_price`, `receipt_gas_used`

### Component B: Transaction volume and fee aggregation

- **Purpose**: Sum total fees and transaction counts at a daily granularity.
- **Logic**: Unique transaction hashes are counted to determine the total daily transaction volume. Simultaneously, individual transaction fees are summed to calculate the total fees generated by the network. Both aggregations are performed using UTC day boundaries.
- **Key fields**: `transaction_hash`, `fee_amount`

### Component C: USD normalization

- **Purpose**: Convert native fee values into a standardized USD representation.
- **Logic**: Aggregated fee amounts are normalized by decimal precision. These values are then multiplied by end-of-day price feeds for the native RBTC asset.

### Component D: Average fee derivation

- **Purpose**: Calculate the final average fee paid per transaction.
- **Logic**: The total daily fee volume in USD is divided by the total daily transaction count. In instances where no transactions occur, the metric is zero-filled to ensure data continuity.
- **Key fields**: `fees`, `transaction_count`

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

RootstockRIF

Average transaction fee

Average transaction fee

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