{
  "service": "x402 Market Intelligence",
  "what": "Real settled revenue for x402 merchants, read from Base and filtered to actual x402 settlements.",
  "method": "Inbound USDC on Base filtered to method=transferWithAuthorization (x402 settlement); plain transfer/airdrop excluded as funding/spam, as are wallet-funding routes. Revenue is settled on-chain truth, not listed prices. CATEGORY NOTE: the catalogue mixes agent data/compute APIs (cents per call) with e-commerce checkout and asset-purchase rails (dollars per call, e.g. buywith402.com at $19.86 listed, jamton.network gold at $1000). Both are genuine x402 revenue, but they are not comparable per-call businesses — read the ARPU percentiles as describing the data-API population, which is ~94% of merchants by count.",
  "generated_at": "2026-08-02T00:24:26Z",
  "coverage": {
    "merchants_profiled": 527,
    "merchants_delisted": 279,
    "merchants_earning": 473,
    "routes_indexed": 4070
  },
  "market": {
    "observed_gross_usd": 5926.83,
    "median_settled_arpu": 0.019488,
    "p25_settled_arpu": 0.007843,
    "p75_settled_arpu": 0.06041
  },
  "paid_routes": [
    {
      "path": "/merchants/top",
      "price_usdc": "0.05",
      "title": "Top x402 merchants by REAL settled revenue"
    },
    {
      "path": "/merchants/lookup",
      "price_usdc": "0.02",
      "title": "Profile one merchant wallet"
    },
    {
      "path": "/market/pricing",
      "price_usdc": "0.03",
      "title": "What the market actually pays per call"
    }
  ],
  "note": "This summary is free. Per-merchant data is paid — that is the part nobody else publishes."
}