Transaction Volume (7d/30d Rolling Average)
Compares recent transaction volume against the 30-day average.
Methodology
What We Look For
Transaction volume momentum indicates whether usage is accelerating or declining.
Evaluation Criteria:
- Total transaction count or volume in last 7 days
- Compare to 30-day rolling average
- Percentage change calculation
- Filter for wash trading or manipulation
Data Sources:
- Blockchain explorers (Etherscan, Arbiscan, etc.)
- DexScreener
- DexTools
- Custom analytics dashboards
Significance
Increasing transaction volume indicates:
- Growing usage
- Increased user activity
- Product momentum
- Market interest
Guide
Finding Information
Step 1: Access Block Explorer
Navigate to your protocol's contracts on the appropriate block explorer:
- Etherscan (Ethereum)
- Arbiscan (Arbitrum)
- Optimistic Etherscan (Optimism)
- Chain-specific explorers
Step 2: Calculate 7-Day Volume
Count total transactions in the last 7 days:
- Transaction count or
- Transaction value/volume (depending on your protocol)
Step 3: Calculate 30-Day Average
Total transactions in last 30 days ÷ 30 = daily average
Daily average × 7 = 7-day average
Step 4: Compute Percentage Change
Calculate the percentage change between the actual 7-day volume and the expected 7-day average based on the 30-day trend.
Step 5: Cross-Reference
Verify using:
- DEX analytics platforms (DexScreener, DexTools)
- Dune Analytics dashboards
- Your own tracking
Submitting Evidence
When submitting transaction volume:
7-Day Volume: Total transactions in last 7 days
30-Day Average: Calculated 7-day equivalent from 30-day average
Percentage Change: Calculated change
Data Source: Link to block explorer or analytics platform
Calculation Method: Explain your calculation if not obvious