a16z partner Noah Levine posted that Coinbase’s x402 protocol has been integrated by Stripe, Cloudflare, and Vercel, with Google also incorporating x402 into its agent payment protocol. However, statistics on on-chain payments initiated by AI agents via the x402 protocol vary significantly across sources. Bloomberg, citing data from x402.org, reported that AI agent payments totaled $24 million over the past 30 days; on-chain data from Allium Labs showed approximately $3 million for the same period; and Artemis Analytics analyst OnchainLu, after filtering out wash trades, revised the figure further down to $1.6 million.
Analyst: AI Agents' 30-Day x402 Protocol Transaction Volume at $1.6M, Not $24M as Reported
TechFlowShare
Summary
According to TechFlow, a16z partner Noah Levine highlighted discrepancies in AI agent transaction volumes on the x402 protocol. Bloomberg cited data from x402.org showing a 30-day trading volume of $24 million, while Allium Labs reported $3 million. OnchainLu of Artemis Analytics revised the figure to $1.6 million after filtering out bot traffic.
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