Living references

One canonical URL per measured fact, updated in place. Each carries its methodology, sample, and measured history — base-rate facts, not predictions.

• The x402 economy runs on real, recurring buyers

  The x402 economy on Base has over 10000 distinct real buyers in 30 days, 38.6% of them recurring. The self-reported call count inflates the picture; the honest signal is on-chain buyer structure, not a volume headline.

  last material change: 2026-07-11
• x402 seller demand structure on Base

  Of 836 x402 sellers validated on-chain on Base, 237 show distributed (healthy) demand, 177 show concentrated (whale-led or intermediated) demand, and 49 show self-dealing patterns; 373 have too little on-chain activity to classify. These four buckets account for all 836. Descriptive on-chain fact, an indicator — never an accusation.

  last material change: 2026-07-11

Methodology: /methodology.