{
  "as_of": "2026-07-29",
  "network": {
    "volume_headline_usd": 697480,
    "genuine_est_max_usd": 503000,
    "internal_or_fictitious_pct": 27,
    "settlements": 12930000,
    "listed_services": 87000,
    "live_pct": 0.15
  },
  "facilitator_share": {
    "base_pct": 85,
    "solana_pct": 15
  },
  "top_sellers": [
    {"name": "BlockRun.AI", "note": "$156K vol, 9.84M txns, 1.19K buyers — dominant AI routing gateway, now adding Modal sandbox endpoints"},
    {"name": "dTelecom x402", "note": "$29K vol, 13.5K txns — pay-per-use WebRTC/STT/TTS for agents"},
    {"name": "StableEnrich", "note": "$1.43K vol, 48.4K txns, 573 buyers — data enrichment (FullEnrich, Exa, Firecrawl)"},
    {"name": "claw402", "note": "$1.47K vol, 722K txns — high-txn low-value, backed by vergex.trade"},
    {"name": "PayanAgent", "note": "$1.23K vol, 6.62K txns, 200 buyers — agent-to-agent marketplace"},
    {"name": "OneSource", "note": "$143 vol, 44.7K txns, 1.25K buyers — ETH RPC for agents"},
    {"name": "agentutility", "note": "$687 vol, 28.6K txns, 267 buyers — paid x402 endpoint clusters with ERC-8004 identity"},
    {"name": "twit.sh", "note": "$806 vol, 132.8K txns — real-time Twitter/X data for agents"}
  ],
  "activity": {
    "settlements_24h": 335601,
    "active_buyers_24h": 6924
  },
  "signals": [
    {"date": "2026-07-29", "text": "Daily volume down 18% and unique buyers down 28% week-over-week — possible seasonal cooling or demand plateau"},
    {"date": "2026-07-29", "text": "BlockRun expanding beyond AI routing into compute-as-a-service: Modal sandbox endpoints (create/exec/terminate) via x402"},
    {"date": "2026-07-29", "text": "Hedera chain x402 support emerging (pinout repo: prepaid metered streaming credits over x402)"},
    {"date": "2026-07-29", "text": "coinbase/x402 ecosystem PRs this week: Code Agent, x402-seller, SQLGuard, Agent402, orchard-data, pkgpulse"},
    {"date": "2026-07-29", "text": "x402-foundation repo at 6,415 stars with 351 open issues — governance repo very active"},
    {"date": "2026-07-29", "text": "Algorand x402 MCP server (X402-Algorand-MCP) emerging for cross-chain endpoint discovery"},
    {"date": "2026-07-29", "text": "mrdn facilitator stable at 30.4% market share ($182K/30d), firmly #2 behind Coinbase (51.3%, $307K)"},
    {"date": "2026-07-29", "text": "Organic filter: 124 of 83.1K sellers (0.15%) meet the >=$100 revenue / >=3 buyers threshold — extreme long-tail"}
  ]
}