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SolTradingBot

# SolTradingBot Fees Methodology

## 1. Overview

The soltradingbot fees metric measures the total fees collected by the soltradingbot protocol on Solana. This metric captures revenue generated by the protocol by tracking SOL transfers to specific fee collection addresses. The calculation identifies fee payments by monitoring native SOL transfers to known protocol fee collection addresses, then aggregates these amounts daily and converts them to USD for standardized reporting.

## 2. Data sources

- **Solana native transfers**: Native SOL transfer records on the Solana blockchain, including transaction details, amounts, sender and recipient addresses, and block timestamps
- **End-of-day price feeds**: SOL token price data for USD conversion
- **Token metadata**: SOL token information for proper identification and decimal handling

## 3. Step-by-step calculation

### Component A: Raw fee extraction
- **Purpose**: Identifies and extracts fee payments to the soltradingbot protocol
- **Logic**: Filters Solana native SOL transfers where the recipient address matches one of two specific fee collection addresses (`F34kcgMgCF7mYWkwLN3WN7KrFprr2NbwxuLvXx4fbztj` or `96aFQc9qyqpjMfqdUeurZVYRrrwPJG2uPV6pceu4B1yb`). Excludes transfers where the transaction signer is also one of these fee collection addresses to prevent counting internal protocol movements or administrative transfers as fee revenue. Each transfer record includes the transaction timestamp, signer address, and transfer amount in lamports.
- **Key fields**: `block_timestamp` for timing, `transaction_signer` for identifying the fee payer, `amount` in lamports, and recipient addresses for fee validation

### Component B: Daily aggregation and unit conversion  
- **Purpose**: Converts raw transfer data into daily fee totals in SOL units
- **Logic**: Groups the filtered fee transfers by day using timestamp truncation, chain identifier, product identifier, and token address. Converts amounts from lamports to SOL by dividing by 1e9 (since 1 SOL = 1,000,000,000 lamports). Sums all fee transfers within each day to get total daily fees collected. Sets the token address to the SOL token identifier and chain to solana.
- **Key fields**: Daily `timestamp`, `fees` amount in SOL units, `chain_id` as solana, and `token_address` pointing to the SOL token

### Component C: USD conversion
- **Purpose**: Converts SOL-denominated fees to USD for standardized reporting
- **Logic**: Applies end-of-day SOL price data to convert the daily fee amounts from SOL to USD. Uses the convert_to_usd_and_correct_decimals macro with USD conversion enabled but decimal correction disabled since amounts are already properly scaled.
- **Key fields**: Daily fees converted to USD values using end-of-day exchange rates

### Final aggregation
- **Combining components**: The components flow sequentially - raw fee extraction provides input to daily aggregation, which feeds into USD conversion
- **Currency conversion**: SOL amounts are converted to USD using end-of-day price feeds applied to the daily aggregated totals
- **Time aggregation**: Data is aggregated to daily boundaries using timestamp truncation, with all transfers within a calendar day summed together
- **Final calculation**: The final metric represents total daily fees collected by soltradingbot in USD, calculated as the sum of all SOL transfers to fee collection addresses (excluding internal movements), converted from lamports to SOL, then to USD using end-of-day prices. Missing days are filled with zero values to ensure complete time series data.

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

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

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