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Blockchains (L1)

XDC Network

# XDC Network Average transaction fee Methodology

## 1. Overview

The XDC transaction fee average metric measures the mean cost per transaction on the XDC Network blockchain on a daily basis. This metric is calculated by dividing the total transaction fees collected by the network each day by the total number of transactions processed that same day. The result provides insight into the average cost users pay to execute transactions on the XDC Network, expressed in USD.

## 2. Data sources

- **XDC blockchain transaction records**: Raw transaction data from the XDC Network including block timestamps, transaction hashes, sender and receiver addresses, gas usage amounts, and gas prices paid
- **End-of-day token price feeds**: Daily closing prices for XDC tokens used to convert native token amounts to USD values
- **Token metadata**: XDC native token information including the token address (`0x951857744785e80e2de051c32ee7b25f9c458c42`) and symbol (`XDC`)

## 3. Step-by-step calculation

### Component A: Individual transaction fee calculation
- **Purpose**: Calculate the gas fee paid for each individual transaction on the XDC Network
- **Logic**: For each transaction record, multiply the `gas_used` amount by the `gas_price` and divide by 1e18 to convert from wei units to XDC token units. This produces the actual fee paid in native XDC tokens for each transaction
- **Key fields**: `gas_used` (gas consumed by the transaction), `gas_price` (price per unit of gas), `block_timestamp` (when the transaction was processed)

### Component B: Daily fee aggregation  
- **Purpose**: Sum all transaction fees by day and convert to USD
- **Logic**: Group individual transaction fees by day using timestamp truncation to daily boundaries. Sum all the XDC token fees for each day, then convert the daily totals from XDC tokens to USD using end-of-day price feeds. The conversion also handles decimal precision adjustments
- **Key fields**: `timestamp` (daily boundary), `fees` (total daily fees in USD)

### Component C: Daily transaction count
- **Purpose**: Count the total number of unique transactions processed each day
- **Logic**: Group all transaction records by daily timestamp boundaries and count distinct transaction hashes. This provides the total volume of transactions processed by the XDC Network each day
- **Key fields**: `timestamp` (daily boundary), `transaction_count` (distinct transaction hash count)

### Final aggregation
- **Combining components**: Join the daily fee totals with daily transaction counts on the timestamp field to ensure matching time periods
- **Currency conversion**: Fees are converted to USD using end-of-day XDC token prices before the final average calculation
- **Time aggregation**: All calculations use daily boundaries created by truncating transaction timestamps to day granularity
- **Final calculation**: Divide the total daily fees in USD by the total daily transaction count using safe division (returns null for zero transaction days). This produces the average transaction fee in USD per transaction for each day

The methodology includes schema validation, identifier verification, and gap-filling with zero values for days when no transactions occur, ensuring a complete daily time series for the metric.

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

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Average transaction fee

Average transaction fee

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