# Sei EVM Transaction count Methodology

## 1. Overview

Transaction count measures the total number of unique, confirmed transactions successfully added to the Sei EVM blockchain. This metric is utilized to assess the scale of activity and user engagement within the Sei EVM ecosystem. It is calculated by aggregating all verified transactions processed by the execution environment.

## 2. Data sources

- **Blockchain events**: Blockchain transactions from the Sei EVM network

## 3. Step-by-step calculation

### Component A: Sei EVM transaction extraction

- **Purpose**: Identify and capture unique transaction records from the ledger
- **Logic**: Every successful transaction is extracted from the Sei EVM blockchain. Each record is identified by a unique transaction hash and its associated block timestamp.
- **Key fields**: `transaction_hash`, `block_timestamp`

### Component B: Daily aggregation and deduplication

- **Purpose**: Aggregate granular transaction data into daily totals
- **Logic**: The number of distinct transaction hashes is counted and grouped by day. Block timestamps are truncated to the start of the day using UTC boundaries to ensure consistent daily reporting.
- **Key fields**: `transaction_hash`, `block_timestamp`

### Component C: Data validation and gap filling

- **Purpose**: Ensure the integrity and continuity of the historical time series
- **Logic**: The aggregated totals are validated against canonical chain and product identifiers. A zero-fill strategy is applied to any dates where no transactions are recorded to ensure a continuous daily dataset.
- **Key fields**: `transaction_count`, `timestamp`

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

Confirmed transactions added to the blockchain.

Transaction count

Blockchains (L1)

Validators process transactions and receive fees from users (supply-side fees).

Sei is a Layer 1 blockchain built for fast, low-cost financial transactions. It combines the security and reliability of Ethereum with the high performance of Solana. To date, Sei has processed billions of transactions across more than 90 million wallets. The project is backed by leading investors, including Multicoin Capital, Jump, Coinbase Ventures, and Circle Ventures. Token Terminal exclusively tracks Sei EVM data.

SEI holders own and govern the protocol. They currently do not take a cut of the transaction fees paid by users (revenue). Sei's investors include Multicoin Capital, Coinbase, etc.

Sei EVM

Transaction count

Transaction count

Chain breakdown