# Active users (monthly) Methodology

## 1. Overview

Active users (monthly) measures the number of unique addresses that initiate revenue-generating transactions on Sei EVM. This metric serves as a primary indicator of user adoption and network activity, specifically for the Ethereum Virtual Machine (EVM) compatible layer of the Sei Network. Every successful transaction is considered revenue-generating as it requires the payment of gas fees to the network.

## 2. Data sources

- **Blockchain events**: Transaction data from Sei EVM

## 3. Step-by-step calculation

### Component A: Transaction sender identification

- **Purpose**: Identify the unique entities initiating activity on the network
- **Logic**: The `from_address` is extracted from all transaction records on Sei EVM. This address is identified as the transaction sender and represents the unique signer responsible for the transaction and the associated gas fee payment.
- **Key fields**: `from_address` (user identification), `block_timestamp` (timing)

### Component B: Monthly aggregation

- **Purpose**: Ensure a unique count of users within a 30-day rolling window
- **Logic**: Transaction sender addresses are truncated to a monthly granularity based on the block timestamp in UTC. A distinct count of addresses is performed for each 30-day rolling window to ensure that each user is counted only once per 30-day window, regardless of the number of transactions submitted.
- **Key fields**: `user_address` (deduplicated address count), `timestamp` (monthly UTC boundary)

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

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

Active users (monthly)

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

Active users (monthly)

Active users (monthly)

Chain breakdown