# SUNSwap V2 Trade count Methodology

## 1. Overview

The number of trades executed on SUNSwap V2 is measured by trade count. How frequently assets are bought or sold by users is shown by this metric, which serves as an indicator of protocol activity and liquidity pool utilization. Each individual swap transaction executed through a SUNSwap V2 liquidity pool is counted as a trade. For multi-hop routes that traverse multiple liquidity pools, each pool-level swap event is counted as an individual trade.

## 2. Data sources

- **Blockchain events**: `Swap` events from `Pair` contracts, covering Tron

## 3. Step-by-step calculation

### Component A: SUNSwap V2 swap event extraction

- **Purpose**: Individual swap events executed on SUNSwap V2 liquidity pools are extracted.
- **Logic**: `Swap` events from `Pair` contracts are parsed from the Tron blockchain. These events are joined with native transaction data to identify the transaction sender and verify the block timestamp. Only events occurring on or after December 14, 2021, are included. For each swap, the net asset amounts are calculated by subtracting the outgoing amount from the incoming amount for each asset.
- **Key fields**: `block_timestamp`, `transaction_hash`, `log_index`, `account_address`, `contract_user_address`, `user_address`, `amount0In`, `amount0Out`, `amount1In`, `amount1Out`

### Component B: SUNSwap V2 trade count aggregation

- **Purpose**: The extracted swap events are aggregated into daily trade counts.
- **Logic**: The block timestamp is truncated to daily granularity, and the total number of trades is calculated by counting all valid swap events for SUNSwap V2. A multi-hop route that interacts with multiple pools is counted as multiple trades, with each pool-level event contributing to the total.
- **Key fields**: `block_timestamp`, `product_id`

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

Number of trades executed on a decentralized exchange.

Trade count