x402intel · all references · x402 market micro-update · living reference · last measured on-chain as of 2026-11-02

x402 seller demand structure on Base

Of 1863 x402 sellers validated on-chain on Base, 804 show distributed (healthy) demand, 348 show concentrated (whale-led or intermediated) demand, and 5 show self-dealing patterns; 706 have too little on-chain activity to classify. These four buckets account for all 1863. Descriptive on-chain fact, an indicator — never an accusation.

Measured history

Measured values (sample-dependent), not a forecast.
Measured as ofDistributed (healthy)Concentrated (whale-led/intermediated)Self-dealingUnclassifiableSample (n)
28718469397937
27619578391940
26920982396956
25921487404964
25321389268823
24621793395951
26223878384962
26724374389973
28425155394984
28326059386988
284257653941000
255279793971010
250276854091020
251271874131022
244278864151023
247276814191023
237271904321030
243272904491054
2422721064701090
2472731064671093
2492681144741105
2362781144911119
256282125821132
245276115881120
244268115981121
244264116131132
250269116031133
255269106121146
26726586121152
26926786241168
280252106161158
275246126291162
278239116431171
285231115491076
277233105481068
28424365031036
28123685041029
30023284871027
30023084891027
299227114951032
311236124941053
319235124971063
336220105091075
346220125051083
355244124781089
358246114761091
363245124781098
355282124881137
357284164771134
365279174751136
375266164751132
382270134761141
377271144801142
382276134841155
376277124981163
399287104791175
402289114771179
42828295281247
41629095461261
42228895451264
42028695621277
42429295601285
415299105721296
411308105741303
40531195771302
41631985871330
41432385941339
41332676041350
40433956121360
41434246131373
41634856041373
42035366011380
41836576201410
41836566161405
41836866191411
43934266421429
45034166451442
48329766711457
54429246331473
54928846301471
56927546441492
58426446541506
58427946561523
57929446551532
59231046571563
59831846571577
60233246651603
59034046581592
58634846801618
59434647001644
61834556981666
63335357041695
64935167031709
65236867101736
67638376891755
68138366941764
71536266921775
71536477121798
73234377251807
72934687311814
74833787381831
76133587281832
78633866971827
78934957221865

Questions

How is x402 seller demand on Base distributed across healthy, concentrated, and self-dealing patterns?

Of 1863 sellers validated on-chain, 804 show distributed (healthy) demand, 348 show concentrated (whale-led or intermediated) demand, and 5 show self-dealing patterns; 706 have too little on-chain activity to classify. These four buckets account for all 1863. Descriptive base-rate fact measured on-chain as of 2026-11-02, an indicator — not an accusation, not a prediction. x402intel.uk/data/x402-market.json

What share of x402 sellers can be classified from on-chain data?

Of 1863 validated sellers, 706 have too little on-chain activity to assign a demand-structure verdict; the classifiable remainder is split across distributed, concentrated, and self-dealing. Descriptive base-rate fact measured on-chain as of 2026-11-02, not a prediction. x402intel.uk/data/x402-market.json

Data & API: x402intel.uk/data/x402-market.json · methodology at /methodology. This is a base-rate fact (provenance in the header), not a prediction of any single market.