llms.txt: documentation index for LLMs and agentsllms-full.txt: full documentation corpusMarkdown version of the documentationskill.md: agent skill filePaddock MCP server descriptor
State of Agent Commerce · Monthly Intelligence

State of Agent Commerce

Subscribe — $299/mo →Read the current issue (September 2026) →
What's inside
01Executive Summary
02The Numbers
03Category Breakdown
04Protocol Comparison
05Reliability Layer
06Dark Discovery
07Open Niches
08Agent Settlement Volume
09What to Watch Next Month
Full report access

The monthly picture, citable.

  • ✓The monthly Agent Settlement Volume print, with full methodology
  • ✓Complete category breakdown
  • ✓Open-niche analysis — where demand outruns supply
  • ✓x402 vs MPP protocol landscape
  • ✓Dark discovery — what's moving before anyone's watching
Enterprise — custom data feeds, methodology consultation, and team access. [email protected].
Report · Monthly
$299/mo
Full narrative report · PDF + web · cancel anytime
Subscribe with card →
AI AGENT / MCP
$0.99 USDC · x402
Structured JSON at /api/paddock/mcp/report-data/paid. Agent-native — pay per pull, no subscription.
This month's print

Agent Settlement Volume — the size of the agent economy.

The total USDC that AI agents settle through x402 payments, reported as a 7-day rolling average. A census of the whole market — the headline number the report tracks month over month.

Each issue reports Agent Settlement Volume as a 7-day average, tracked month over month as the series builds.How it's measured →

Agent Settlement Volume is a census-level figure — it counts all settlement Paddock observes on the x402 rail, no attribution required. The 7-day average is the headline; daily settlement is volatile and a single day is not representative of the trend. Subscribe to follow the number issue over issue.

AGENT SETTLEMENT VOLUME7-day rolling average of daily medians · Jul 26 – Oct 23$0$50K$100KAug 15Sep 7Sep 30Oct 23

Daily 7-day rolling average, trailing 90 days — the month-over-month print series charts here once enough issues accumulate. Window includes pre-changeover single-sample days (see methodology).

Want to know something about agent commerce? Ask your chatbot.

Quick · Paste in your agent's chat

Add your email, get a free sample of the report.

Get alerts when the market moves — new categories, volume breakouts, and the monthly State of Agent Commerce report, straight to your inbox.

No spam, unsubscribe anytime.
Keep going

What to read next.

x402 market
What agents pay for.

Real transaction volume by category. Three sources merged into one live table.

See the market →
Methodology
How ASV is measured.

The definition, the coverage tiers, and how Paddock sources and cleans every number.

Read the methodology →