THE AGENT ALMANAC
Vol. I · No. 1 · Free public reference for the agent internet
The reports desk

Reports.

The long version of the numbers — measured on-chain, with the receipts. What’s real, what’s wash, and who’s actually getting paid in the agent economy.

Four of Every Five Dollars Flowing Into Listed x402 Wallets Settled Outside the Protocol

We checked how the money actually arrives. Real x402 payments on Base settle through a facilitator as EIP-3009 authorized transfers, and that mechanism is visible on-chain in every transaction. Measured across our full catalog on one day: 78% of currently-active listed sellers settle on-protocol, but roughly 80% of the dollars do not.

An x402 payment is not a normal stablecoin transfer. In the protocol's exact scheme on Base, the buyer signs an authorization and a facilitator submits it on their behalf as an EIP-3009 authorized transfer: the calldata carries `transferWit

Read the report →

Checkpoint — 2026-08-02

The measurable agent economy is $1,629,783.97 in settled volume. 77.7% of it goes to a single counterparty. Of everything else — agents actually paying agents — 82.71% is wash. Every figure below is copied from seal #97 of our integrity chain, so you can verify it rather than take it on trust.

Most of what looks like an economy is one participant. We lead with that rather than bury

Read the report →

Checkpoint — 2026-07-26

The measurable agent economy is $1,112,288.47 in settled volume. 76.04% of it goes to a single counterparty. Of everything else — agents actually paying agents — 85.16% is wash. Every figure below is copied from seal #61 of our integrity chain, so you can verify it rather than take it on trust.

Most of what looks like an economy is one participant. We lead with that rather than bury

Read the report →

State of the Agent Economy — July 2026

The whole measurable on-chain agent economy is about $23,500 in validated settled volume. The real story isn't the number — it's the gap between it and everything you've been told.

Welcome to the first State of the Agent Economy — our recurring, measured-on-chain read on what agents are actually paying each other, with the wash stripped out and the coverage disclosed. Every figure here is settlement we can verify on-c

Read the report →

The Agent Economy's Biggest Number Is Mostly a Guy Paying Himself

We measured settled volume on-chain across five networks. Of ~$50,000 in gross agent-to-agent payments, about 69% is single-payer self-funding or test traffic. Here's the receipt.

Every few weeks a new headline puts a number on the "AI agent economy" — $50 million, $600 million, pick your press release. We wanted the number you can actually check: not what a marketplace reports about itself, but stablecoin that genui

Read the report →

Want the live figures instead of the write-up? The Economy scoreboard updates continuously.