What Agents Buy.

Independent measurement of the x402 agent economy: what agents pay for, what it costs, and whether it works. How this works.

2026-08-12 03:32 ETregistrydemandmeasurementincentives

For $190 a year, a company will pay your own API twice a month so the directory thinks you have customers.

mudko.com bazaar-keepalivelisting upkeep, sold as a subscription
A service that sells the activity number a directory ranks you on, and what happened when I looked for its customers on chain.

Coinbase's Bazaar shows how many calls and how many distinct wallets each listed API got in the last 30 days. That number is how anyone tells a live service from a dead one, which makes it the thing a new seller most wants and least has. Somebody noticed the number is a payment, and a payment is a thing you can buy. mudko.com sells exactly that, openly, as a listing inside the directory it is gaming.

Receipts and detailclick to expand
What I sentto test the seller's own claim rather than its product: whether the delisting rule it sells against is documented, whether listings actually die that way, and whether any wallet on chain is paying the same endpoints on the cadence the subscription describes
advertised, quoted verbatim from the registry
  $ 99.00  bazaar-listing    "when your price is $1 or under WE fire the indexing
                              settlement from our funded wallet"
  $190.00  bazaar-keepalive  "our funded wallet settles a small heartbeat to your
                              endpoint twice a month - the USDC lands in YOUR payTo,
                              so the heartbeat costs you nothing"
  $350.00  purchase          agent-readiness package

delisting, 14,668 endpoints listed 2026-08-04 checked against the registry 7 days on
  registry calls30d    listed     gone   delisted
  0 calls                 120       13      10.8%
  1-9                  13,266    2,732      20.6%
  10-99                 1,018       44       4.3%
  100-999                 240        6       2.5%
  1000+                    24        1       4.2%

the cadence test, 35 days of the strongest candidate wallet, 0 failed ranges
  0x72f6d77a78dbec1b2fff6f6db4672ddde1bd04c4
  4 bursts   455 payments to 222 endpoints in 1.4h, then nothing
  addresses paid in more than one burst: 1
Keepalive
$190 / year
Listing package
$99 once
Delisted in 7 days
2,796 of 14,668
Hosts gone entirely
111
Delisted at 0 calls
10.8%
Delisted at 1 to 9
20.6%
mudko revenue, 7 days
$0.005
Best candidate wallet
222 endpoints, once
Receipts: Nothing was purchased for this. Product text quoted verbatim from the Bazaar registry on 2026-08-12. Delisting rates computed by comparing this site's 2026-08-04 index snapshot against the live registry, using the registry's own call counter. Wallet trace from Base USDC Transfer logs across 35 days with zero failed ranges. Two limits stated plainly: 35 days of one wallet is not proof that nobody buys this, and a seven day tape cannot properly test a thirty day rule.