x402intel · measured as of 2026-11-09

What does on-chain demand quality look like across x402 sellers?

An evidence-bound answer built from a validated measurement and its declared limits.

What the measured evidence supports

Of 2016 x402 sellers validated on-chain on Base, 785 show distributed (healthy) demand, 375 show concentrated (whale-led or intermediated) demand, and 5 show self-dealing patterns; 851 have too little on-chain activity to classify. These four buckets account for all 2016. Descriptive on-chain fact, an indicator — never an accusation.

The figures describe the measured sample and the coverage stated by the methodology, not the whole population. Where coverage is partial, the gap is declared rather than estimated.

The classification is a descriptive indicator computed from observable structure. It is not a finding of intent, identity, or wrongdoing about any participant.

Readers and agents can inspect the companion dataset, follow the public methodology, and query the API from the links below.

This answer applies only to the observed sample, measurement window, and coverage stated by the linked methodology.

Interpretation should preserve the caveats attached to every used claim rather than generalize beyond available coverage.