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New Smart Contracts

New Smart Contracts counts contract entities created on Hedera during the chosen period.

Hedera Data Access

To access this Hedera network statistic (and others) via Hgraph's GraphQL & REST APIs, get started here.

Hedera Stat Name: new_smart_contracts

Methodology

Qualifying Contract Creations

To be counted as a new smart contract, an event must satisfy all the following criteria:

  • Entity Type: The entity must be a smart contract (entity.type = 'CONTRACT').
  • Direct Transaction Match: The entity’s created_timestamp must exactly match the consensus_timestamp of a transaction (entity.created_timestamp = transaction.consensus_timestamp).
  • Transaction Type: The transaction must be a CONTRACTCREATEINSTANCE operation (transaction.type = 8). See Hedera Mirror Node transaction codes for all type and result definitions.
  • Transaction Success: The transaction must have completed successfully (transaction.result = 22).

Example

If a smart contract is created at timestamp T, and there is a transaction at T of type 8 and result 22, this contract is included in the metric.

GraphQL API Examples

Test out these queries using our developer playground.

Fetch current new smart contracts (hourly)

query NewContractsHour {
ecosystem_metric(
order_by: {end_date: desc_nulls_last}
limit: 1
where: {name: {_eq: "new_smart_contracts"}, period: {_eq: "hour"}}
) {
total
end_date
}
}

Fetch daily new smart contracts for 1 month (timeseries)

query DailyNewContracts {
ecosystem_metric(
order_by: {end_date: desc_nulls_last}
limit: 30
where: {name: {_eq: "new_smart_contracts"}, period: {_eq: "day"}}
) {
total
end_date
}
}

Available Time Periods

The period field supports the following values:

  • hour
  • day

SQL Implementation

Below is a link to the Hedera Stats GitHub repository. The repo contains the SQL function that calculates the New Smart Contracts statistic outlined in this methodology.

SQL Function: ecosystem.dashboard_new_smart_contracts

View GitHub Repository →

Dependencies

  • Hedera mirror node