Open Revenue — x402 Fleet

Mekong Trade Intelligence · radical transparency · last updated 2026-10-24 09:15 UTC

We sell pay-per-call APIs to AI agents (USDC on Base via x402). This page shows exactly what the fleet has earned — computed from our own logs and the public blockchain, never from internal bookkeeping. Several kinds of money arrive in the agent wallet and we keep them strictly separate (we can tell them apart on-chain: x402 settlements are submitted by the payment facilitator, plain transfers are not):

Buyer revenue — payments from external wallets, verified on-chain. This is the only number we call revenue.
Self-test settlements — our own test wallet paying our own endpoints through the x402 facilitator during verification. Not revenue, shown only so the wallet balance adds up.
Own-wallet transfers — capital moved directly between our own wallets (e.g. operator top-ups routed via the test wallet). Not revenue.

$0.05verified buyer revenue (all time, 1 settlement)

$5.5482agent wallet balance now — verify on Basescan

1,150external trial calls, last 7 days (348 unique IPs)

0.09%trial → paid conversion, last 7 days (1 paid / 1,150 trials)

$3.4982self-test settlements (all time, 118) — NOT revenue

$5own-wallet capital transfers (all time, 1) — NOT revenue

Verified buyer settlements

Date (UTC)	Amount	Payer	Endpoint	Proof
2026-10-21 21:19 UTC	$0.05	`0xa1d1c0cf…b01978`	/brief	verify

How to read this page

Trial calls are counted from the free-trial middleware logs of all fleet endpoints (Contabo + InferenceHub), external IPs only. Our own infrastructure is excluded (tailnet/CGNAT, localhost, monitoring, host IPs, operator IPv6) — roughly 99% of raw fleet traffic is our own monitoring and health checks, and it is never presented as demand.
Log coverage starts 2026-10-19 00:35 UTC (older logs are rotated).
Chain scan covers blocks 52400000 → 53021997 (Base), every USDC transfer into the agent wallet 0x198f3895551B309fF5C5F59e690FB0823d10EA93.
The wallet balance is higher than buyer revenue because it also holds own-wallet capital transfers and self-test settlements (minus operating outflows such as the $3.00 that funded the public trial wallets). Balance ≠ revenue; only the first stat above is revenue.