— State of Agent Commerce · Monthly Intelligence
State of Agent Commerce
— 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. hello@paddock.finance.
— 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.
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— 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 →
— For the trader
Track agent tokens.
Live Virtuals leaderboard. ROI, volume, market cap. Sortable. Free.
See the leaderboard →
— Methodology
How ASV is measured.
The definition, the coverage tiers, and how Paddock sources and cleans every number.
Read the methodology →