Stacks miners batch users' transactions and receive fees from users (supply-side fees). Miners submit transactions to Bitcoin, paying a share of the transaction fees to Bitcoin miners.

Stacks is an smart contract platform for creating decentralized applications on Bitcoin (a blockchain). Stacks was founded by Muneeb Ali and Ryan Shea, and launched in 2021.

STX tokenholders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue). Stacks' investors include IOSG Ventures, The Spartan Group, Hashkey Exchange, etc.

github

twitter

discord

website

Blockchains (L2)

Stacks

# Stacks Active users (daily) Methodology

## 1. Overview

Stacks daily active users (DAU) measures the number of unique addresses that initiated transactions on the Stacks blockchain each day. Unlike Bitcoin's UTXO model, Stacks uses an account-based model where the transaction sender (`from_address`) directly identifies the user. System transactions (coinbase and tenure_change) are excluded to capture only genuine user activity. This metric answers the question: "How many unique users are actively transacting on Stacks each day?"

## 2. Data sources

- **Stacks blockchain transaction data**: Raw Stacks transaction records containing sender addresses (`from_address`), block timestamps, transaction types, and transaction metadata
- **Block timestamp data**: Timestamps for temporal aggregation to daily boundaries

## 3. Step-by-step calculation

### Component A: User identification
- **Purpose**: Identifies unique daily active users on the Stacks network by extracting transaction sender addresses
- **Logic**: Processes all Stacks transactions and extracts the `from_address` field which directly identifies the transaction sender. System transactions (coinbase and tenure_change types) are filtered out as they are protocol-level operations, not user-initiated. Each unique sender address on a given day counts as one active user. The account-based model simplifies user identification compared to UTXO-based chains like Bitcoin.
- **Key fields**: `from_address` (user address), `block_timestamp` (for daily grouping), `transaction_type` (for filtering)

### Component B: Daily aggregation
- **Purpose**: Counts distinct users per day
- **Logic**: Block timestamps are truncated to daily boundaries. Within each day, distinct `from_address` values are counted to determine the number of unique active users. Metadata fields are applied including `chain_id` as 'stacks', `market_sector_id` as 'blockchains_l2', and `business_segment_id` as 'blockchain'.
- **Key fields**: `timestamp` (daily), `user_dau` (distinct user count)

### Final aggregation
- **Combining components**: Daily user counts are processed through a finalization macro that validates the data schema and ensures temporal completeness
- **Currency conversion**: No currency conversion required as this metric counts addresses rather than monetary values
- **Time aggregation**: Transaction timestamps are truncated to daily boundaries using day-level precision, ensuring consistent daily groupings
- **Final calculation**: The final DAU count represents the number of distinct sender addresses that initiated transactions on Stacks each day, with zero values filled for any missing days to maintain a continuous daily time series

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

Unique revenue-generating users over a fixed 24-hour window.

StacksSTX

Active users (daily)

Active users (daily)

Competitive landscape