Liquidity providers deposit funds into SpookySwap and receive trading fees from traders (supply-side fees).

SpookySwap is a non-custodial exchange protocol built on Fantom. SpookySwap was launched in April 2021.

BOO tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).

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SpookySwap

# SpookySwap Trading volume Methodology

## 1. Overview

SpookySwap trading volume measures the total USD value of tokens traded on the SpookySwap v1 decentralized exchange on Fantom. This metric captures daily trading activity by analyzing swap events, converting token amounts to USD values, and applying price manipulation filters to ensure data quality. The calculation aggregates individual swap transactions into daily volume figures, providing insight into the platform's trading activity and liquidity utilization.

## 2. Data sources

- **Fantom blockchain events**: Parsed `Swap` events from SpookySwap v1 pair contracts containing trade execution details including token amounts in/out and user addresses
- **Fantom blockchain events**: Parsed `PairCreated` events from the SpookySwap v1 factory contract to identify all trading pairs and their configurations  
- **Fantom transaction data**: Transaction records to map contract interactions to originating user addresses
- **End-of-day price feeds**: Token price data in USD for accurate value conversion
- **Token metadata**: Token decimal places and symbols for proper amount normalization and pair identification

## 3. Step-by-step calculation

### Component A: Trading pair identification
- **Purpose**: Identifies all valid SpookySwap v1 trading pairs with their token configurations and fee structure
- **Logic**: Extracts trading pairs from `PairCreated` events emitted by the SpookySwap factory contract on Fantom. Each pair is assigned a fixed fee tier of 0.2% (0.002). The component joins with token metadata to obtain decimal places for each token in the pair and creates human-readable pair names using token symbols
- **Key fields**: `account_address` (pair contract), `token0_address`, `token1_address`, `fee_tier`, `token0_decimals`, `token1_decimals`, `account_name`

### Component B: Trade event processing  
- **Purpose**: Captures and processes individual swap transactions from SpookySwap pairs
- **Logic**: Extracts `Swap` events from pair contracts starting from April 17, 2021. For each swap, calculates the net change in token amounts by subtracting `amount0Out` from `amount0In` for token0, and `amount1Out` from `amount1In` for token1. Joins with Fantom transaction data to identify the originating user address beyond the immediate contract caller
- **Key fields**: `block_timestamp`, `transaction_hash`, `log_index`, `account_address`, `user_address`, `token0_amount`, `token1_amount`

### Component C: Daily volume aggregation with decimal correction
- **Purpose**: Aggregates swap data by day and normalizes token amounts using proper decimal places
- **Logic**: Groups swap events by day using timestamp truncation. Joins trade data with trading pair metadata to access token decimal information. Converts raw token amounts to human-readable values by dividing by 10 raised to the power of each token's decimal places. Takes absolute values of token amounts to ensure positive volume calculations regardless of trade direction
- **Key fields**: `timestamp`, `token0_amount` (decimal-corrected), `token1_amount` (decimal-corrected)

### Component D: USD conversion and price manipulation filtering
- **Purpose**: Converts token amounts to USD values and applies quality filters to prevent inflated volumes from price manipulation
- **Logic**: Joins daily aggregated data with end-of-day price feeds for both tokens in each trading pair. Calculates USD value for each token by multiplying the token amount by its respective USD price. Applies a price manipulation filter by taking the lesser USD value between the two tokens using the `LEAST` function. This approach assumes that manipulated prices typically affect only one token in a pair, so the lower USD value represents the more accurate volume measurement
- **Key fields**: `trading_volume` (USD value after filtering)

### Final aggregation
- **Combining components**: Daily trading volumes are summed across all trading pairs and transactions, grouped by timestamp and project metadata dimensions
- **Currency conversion**: USD conversion occurs at the individual swap level using end-of-day prices matched to the swap's date, with the price manipulation filter applied before final summation
- **Time aggregation**: Data is aggregated to daily boundaries using timestamp truncation, with each day's trading activity summed into a single volume figure  
- **Final calculation**: The final trading volume represents the sum of all filtered USD values from swaps executed on SpookySwap v1 pairs for each day, with missing days filled with zero values through the finalization process

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

Total value of spot trades executed on the exchange.

SpookySwapBOO

Trading volume

Trading volume

Competitive landscape

Chain breakdown