We publish regular research on the x402 ecosystem.
63 million payments. $7.5M in USDC. 1,100+ projects.
The first real-world proof that AI agents can pay for services at scale.
| Format | Link |
|---|---|
| Full Report (PDF) | State_of_x402_2025.pdf |
| Web Version (Markdown) | WEB_STATE_OF_X402.md |
| Presentation Deck | blockrun.ai/state-x402-2025-deck.pdf |
- Transaction Volume: 63M+ transactions, $7.5M USDC
- Average Transaction: $0.12 (true micropayments)
- Projects: 1,100+ independent projects
- Endpoints: 4,800+ API endpoints
- Network Split: Base 53.3%, Solana 36.6%
- Price Distribution: 76% of services priced at $0.10 or below
Data collected from:
- x402scan.com transaction indexer
- 6 facilitator discovery APIs (Coinbase CDP, PayAI, Questflow, AnySpend, AurraCloud, thirdweb)
- Mainnet-only analysis (testnet/devnet filtered)
We plan to publish quarterly reports on the x402 ecosystem.
Want to collaborate on research? Open an issue or reach out on Telegram.