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

Sui is a smart contract platform for decentralized applications (a blockchain). Sui was founded by Evan Cheng, Sam Blackshear, Adeniyi Abiodun, George Danezis and launched in 2022.

Sui (Mysten Labs) team & investors own and govern the protocol. They currently don’t take a cut of the total transaction fees paid by users (revenue). Sui's investors include a16z, Coinbase Ventures, Electric Capital, etc.

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Blockchains (L1)

# Sui Active addresses (daily) Methodology

## 1. Overview

Active addresses (daily) measures the number of unique addresses that make a transaction on Sui. This metric serves as a primary indicator of network adoption and user engagement by tracking the number of distinct participants interacting with the blockchain within a fixed 24-hour window. Active addresses (daily) includes all transaction senders, regardless of whether the underlying transaction was successful, as all submitted transactions on Sui consume resources and incur gas costs.

## 2. Data sources

- **Blockchain events**: Transaction records and sender data from the Sui network, covering Sui
- **External data**: Historical genesis records beginning on May 3, 2023

## 3. Step-by-step calculation

### Component A: Transaction data extraction

- **Purpose**: Identify all network interactions and the participating addresses
- **Logic**: Transaction data is extracted from the Sui blockchain. For every transaction, the `sender` address and the associated block timestamp are captured. Both successful and failed transactions are included in the dataset, as failed transactions still represent active network participation and require the payment of gas fees.
- **Key fields**: `sender` (address identification), `block_timestamp` (timing)

### Component B: Daily unique address identification

- **Purpose**: Deduplicate address activity to identify unique daily participants
- **Logic**: Transaction timestamps are truncated to daily intervals using UTC day boundaries. Within each 24-hour window, the set of `sender` addresses is filtered to isolate unique values. This ensures that an address is counted only once per day, regardless of the number of transactions submitted by that address.

### Component C: Aggregation and historical alignment

- **Purpose**: Finalize the daily metric and ensure data continuity
- **Logic**: The count of unique daily addresses is aggregated at the chain level. For periods where no activity is recorded, values are filled with zeros to maintain a complete time series. Historical data is aligned to include activity starting from the Sui network genesis on May 3, 2023.

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

Unique active addresses over a fixed 24-hour window.

SuiSUI

Active addresses (daily)

Active addresses (daily)

Competitive landscape