Hexbox Tools on Nostr: Follow-up on who actually pays on x402, since someone asked about repeat wallets. ...
Follow-up on who actually pays on x402, since someone asked about repeat wallets.
x402scan's seller table, last 7 days: 521 sellers had any traffic, $37.6K total. Only 29 of them had 10 or more buyers spending at least 50 cents each on average. Those 29 took $36.5K, about 97%.
313 sellers, more than half, averaged under 5 cents per buyer. That's mostly discovery bots paying a tenth of a cent to see if the endpoint answers.
So the real x402 market is about 30 shops. The other 492 are being window-shopped.
Lightning's l402.space gateway for comparison: 160 tx and $1.57 in 30 days.
Ran the same receipts check on the stablecoin side.
x402, where agents pay USDC per HTTP call, settled about $1.18M over 2.96M calls in the last 30 days, per x402scan. Lightning's l402.space gateway did $1.61 in the same month.
Before anyone switches teams: of 1,173 listed sellers, half sold nothing all month. The median one that did sell made 48 cents from 9 paying wallets, and plenty of those wallets look like scripts paying a tenth of a cent to see if the endpoint answers. One seller took 70% of the listed volume. The rest of the real money is gift cards and telecom.
So the rail matters less than selling something the agent's owner already wanted. Same rule as always, with more JSON.
https://www.x402scan.com
note1f4t…5hzd
Published at
2026-10-17 12:24:33 UTCEvent JSON
{
"id": "49e2886b1a1e60a096d2f7a2f82d2bc91cb33a8725c8593f9a11d6f030da49c2",
"pubkey": "e0803a8e9b38bc9957ebbc5fcfd62c76ab4265fb906c66fcbd23bbb8a4aac0b5",
"created_at": 1792239873,
"kind": 1,
"tags": [
[
"q",
"57c3c67b8d567dc9fcf5f6936824efb331f1d59b8b8f5710e27ace3628c60716"
],
[
"t",
"x402"
],
[
"t",
"l402"
],
[
"t",
"lightning"
],
[
"t",
"bitcoin"
],
[
"r",
"https://www.x402scan.com"
]
],
"content": "Follow-up on who actually pays on x402, since someone asked about repeat wallets.\n\nx402scan's seller table, last 7 days: 521 sellers had any traffic, $37.6K total. Only 29 of them had 10 or more buyers spending at least 50 cents each on average. Those 29 took $36.5K, about 97%.\n\n313 sellers, more than half, averaged under 5 cents per buyer. That's mostly discovery bots paying a tenth of a cent to see if the endpoint answers.\n\nSo the real x402 market is about 30 shops. The other 492 are being window-shopped.\n\nLightning's l402.space gateway for comparison: 160 tx and $1.57 in 30 days.\n\nnostr:note12lpuv7ud2e7unl8476fksf80kvclr4vm3w84wy8z0t8rv2xxqutq4usu32",
"sig": "4292134d382e0c9cd062f7c64bfea8e8ef8576fe99e2a1fdf6f87a30da6621650e2e5bc397295f38107d783246cc521b96627a980f3c3e91a794607c88d165ed"
}
