📢 Introducing the First Total Vol/Mcap Index for x402 Projects
Hi Scatters, recently there has been an influx of projects and tokens claiming to be x402.
So, how can we identify which ones are genuine x402 projects with real x402 volume?
Additionally, how can we determine if their x402 volume justifies the current market value of their tokens?
To assist in evaluating high-quality x402 projects, Scattering has introduced a new metric: the Total x402 Vol/Mcap Index.
This index is calculated by dividing a project's cumulative x402 volume by its market capitalization (Mcap).
A higher ratio indicates a project with a stronger x402 presence, while a lower ratio suggests a higher likelihood of leveraging the x402 narrative without substantial backing.
Based on this metric, the top 5 projects are as follows:
1️⃣ @arvos_ai 2.5703
2️⃣ @AInalyst_ 0.5225
3️⃣ @PayAINetwork 0.0601
4️⃣ @Agent_Layer 0.0187
5️⃣ @AurraCloud 0.0142
Welcome to use Scattering to track the real x402 projects:
Currently, we have tracked 28 x402 projects, including 12 facilitators.
The 1-day total unique users of x402 stand at 38.08K, with a 1-day total volume of $986.12K and a total cumulative volume of $5.45M.
Scattering now supports x402 projects across Solana, Base, Polygon, and BSC, and we are continuously expanding our chain base.
If your x402 project is not listed yet, feel free to DM us to submit it!
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