State of X402 – Independent Audit – Every Faciliator, Every Chain

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x402 Statistics — State of x402 | volume, sellers, facilitator market share<br>$432k

raw* $966k<br>organic volume, 30 days

173

raw* 32.0k wallets<br>organic sellers — businesses actually earning

$20k<br>▼ 45% wk<br>daily volume, trailing week

6.2k<br>▼ 25% wk<br>paying agents (unique buyers), trailing week<br>daily average

$0.10

median seller revenue, 30 days<br>half of all sellers earn less

65%

of volume sits in 10 wallets<br>concentration, unfiltered

daily x402 volume · USDC · all facilitators · unfiltered<br>latest $4k$1.3M$2.5M$3.8M$5.0MMayJulSepNov2026MarMayJulNov 2025 spike: the artificial-volume era — the reason organic filtering exists.<br>daily active sellers<br>latest 6485.0k10.0k15.0k20.0kMayJulSepNov2026MarMayJuldaily paying agents (buyers)<br>latest 3.2k25.0k50.0k75.0k100.0kMayJulSepNov2026MarMayJul<br>facilitator market share · daily volume<br>coinbasemrdnpayAIfluxarelaianyspenddexterxecho$6.3M$12.5M$18.8M$25.0MMayJulSepNov2026MarMayJulWho clears x402's payments — the browser-wars chart of machine commerce.<br>per-facilitator breakdowns →

methodology · 2026-07-01.v1<br>Organic = wallets with ≥$100 revenue in the window, ≥3 distinct buyers, average payment ≥$0.001 — excluding facilitator settlement wallets (Meridian, RelAI, FluxA) whose flows are throughput, not seller income. Sources: on-chain USDC transfers across 10+ facilitators, Coinbase CDP and facilitator discovery registries. The raw series is published unfiltered alongside. Full methodology →

cite:“x402stats — State of x402, x402stats.io” · data CC BY 4.0 · CSV · JSON · llms-full.txt

volume x402 facilitator daily sellers organic

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