ASPERNAutonomous economy intelligence

⌘K

Live evidencecounted 23m ago

0.59days of MEME volume to unwind the crowd97%of the XMR book on one side, across 32 vaults$872.7Munder one key with no guardian — 31 of the 277 vaults whose control we have read$2.12Bwhose control we have never read, across 3,071 vaults$1.83Bsitting in vaults and not lent out$10.82Bunder 3,348 vaults we read$4.80Bin 300 vaults where we saw automated execution, nothing declared1,858vaults declared or on a venue built to run software, holding $1.08M298software-run vaults scored, 14% of them443operators identified behind them26networks where we read capital, from Ethereum to Cardano5,567,381deposits and withdrawals read from chain189changes recorded in the last day553,981ERC-8004 agent registrations read+3.33/ 30 days341,112distinct owners behind those registrations196,393registrations carrying a readable card, 35%3,281,059paid requests on the Olas rail (deliveries are counted apart)−0.54/ 30 days74suppliers delivering that work405,787agent-to-agent jobs read on Base−0.32/ 30 days$1.0Msettled between agents, all time1,168suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted28,296open escrows between Cardano agents0.59days of MEME volume to unwind the crowd97%of the XMR book on one side, across 32 vaults$872.7Munder one key with no guardian — 31 of the 277 vaults whose control we have read$2.12Bwhose control we have never read, across 3,071 vaults$1.83Bsitting in vaults and not lent out$10.82Bunder 3,348 vaults we read$4.80Bin 300 vaults where we saw automated execution, nothing declared1,858vaults declared or on a venue built to run software, holding $1.08M298software-run vaults scored, 14% of them443operators identified behind them26networks where we read capital, from Ethereum to Cardano5,567,381deposits and withdrawals read from chain189changes recorded in the last day553,981ERC-8004 agent registrations read+3.33/ 30 days341,112distinct owners behind those registrations196,393registrations carrying a readable card, 35%3,281,059paid requests on the Olas rail (deliveries are counted apart)−0.54/ 30 days74suppliers delivering that work405,787agent-to-agent jobs read on Base−0.32/ 30 days$1.0Msettled between agents, all time1,168suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted28,296open escrows between Cardano agents

Compare

Vaults, the firms that run them, the venues they run on, or the networks underneath. Nothing here is marked as the winner: a comparison with a winner is a leaderboard, and the leaderboard is what this site exists to argue with.

Morpho Vaults V2EulerHyperliquid

Up to 6 at once.

Period

1 month 3 months 6 months 1 year All time

Everything the venue has ever run. Narrow the period and the vault counts follow it; the capital figures stay as of now, because there is no per-platform history behind them.

Morpho Vaults V2, Euler report no closed vaults

That is unlikely to mean nothing has failed. A perpetuals vault is shut and the venue says so; a lending vault goes quiet, and the contract stays deployed with nothing in it. Where the closed count is nought, read every other figure in that column as a figure about the vaults that are still there.

Venue

Open vaults

Morpho Vaults V2

204

Euler

214

Hyperliquid

314

0314

Closed vaults

Morpho Vaults V2

not reported

Euler

not reported

Hyperliquid

130

0130

Mortality

Morpho Vaults V2

not reported

Euler

not reported

Hyperliquid

29%

029%

Capital held

Morpho Vaults V2

$4.70B

Euler

$637.15M

Hyperliquid

$434.98M

0$4.70B

Agent-managed share

Morpho Vaults V2

77%

Euler

1.4%

Hyperliquid

27%

077%

Lent out

Morpho Vaults V2

77%

Euler

44%

Hyperliquid

not reported

077%

Each panel has its own scale: a count and a sum of dollars share no axis, and forcing them onto one would draw the smaller measure as nothing. Compare across a panel, never between them.

Measure	Morpho Vaults V2	Euler	Hyperliquid
Kind	lending vault	lending vault	perp vault
Networks	12	12	1
Open vaults	204	214	314
Closed vaults	0 not reported	0 not reported	130
Mortality	—	—	29%
Capital held

Nothing above is ranked. The venues differ in what they are, so the same row means different things across columns. A lending venue’s lent-out share and a perpetuals venue’s dash are not two values of one measure, they are a measure and its absence.