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

Viction is a smart contract platform for decentralized applications (a blockchain). Viction was founded by Ninety Eight and launched in 2018.

VIC holders own and govern the protocol. They currently don't take a cut of the total transaction fees paid by users (revenue). Ninety Eight's investors include Binance Labs, The Spartan Group, Multicoin Capital, etc.

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Blockchains (L1)

Viction

# Viction Active users (daily) Methodology

## 1. Overview

The Viction daily active users (DAU) metric measures the number of unique addresses that initiated at least one transaction on the Viction blockchain each day. This metric provides insight into the daily engagement and adoption of the Viction network by counting distinct transaction senders, which represents the most fundamental form of blockchain activity.

## 2. Data sources

The calculation uses the following data sources:
- **Viction blockchain transactions**: Complete transaction records from the Viction blockchain including transaction metadata, timestamps, and participant addresses
- **Transaction metadata**: Block timestamps for temporal aggregation and sender addresses for user identification

## 3. Step-by-step calculation

### Component A: User activity extraction
- **Purpose**: Extract and standardize user activity data from raw Viction blockchain transactions
- **Logic**: Each transaction record from the Viction blockchain is processed to identify the sender address (`from_address`) as an active user. The transaction's `block_timestamp` provides the timing for the activity, while the `transaction_hash` serves as a unique identifier. Each user is classified with the user type "Transaction sender" since activity is determined by initiating transactions on the blockchain.
- **Key fields**: `block_timestamp` for timing, `from_address` as `user_address` for user identification, `transaction_hash` for transaction uniqueness, and static metadata including `chain` set to "viction", `market_sector_id` as "blockchains_l1", `business_segment_id` as "blockchain", and `user_type` as "Transaction sender"

### Component B: Daily aggregation
- **Purpose**: Aggregate unique users by day to calculate daily active user counts
- **Logic**: Transaction timestamps are truncated to day boundaries using day-level granularity. For each day, distinct user addresses are identified to ensure users who made multiple transactions on the same day are only counted once. The aggregation maintains the temporal grain as "day" and preserves metadata fields for categorization.
- **Key fields**: `timestamp` truncated to day level, `user_address` for distinct counting, `timestamp_grain` set to "day", and preserved metadata fields

### Final aggregation
- **Combining components**: The user activity data flows directly into the daily aggregation without additional joining, as both components operate on the same underlying transaction dataset
- **Currency conversion**: No currency conversion is required as this metric counts users rather than monetary values
- **Time aggregation**: Daily boundaries are established by truncating block timestamps to day-level granularity, ensuring consistent daily periods across all calculations
- **Final calculation**: The final DAU value represents the count of distinct user addresses (`user_address`) that sent at least one transaction on each given day on the Viction blockchain, with each user counted only once per day regardless of transaction volume

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

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

VictionVIC

Archived

Active users (daily)

Active users (daily)

Competitive landscape