⌘K

Live evidencecounted just now

0.50days of MEME volume to unwind the crowd99%of the XMR book on one side, across 30 vaults$1.30Bunder one key with no guardian, 52 of the 424 vaults whose control we have read$334.2Mwhose control we have never read, across 3,230 vaults$1.95Bsitting in vaults and not lent out$11.27Bunder 3,654 vaults we read$4.79Bin 323 vaults where we saw automated execution, nothing declared2,080vaults declared or on a venue built to run software, holding $1.01M324software-run vaults scored, 13% of them450operators identified behind them26networks where we read capital, from Ethereum to Cardano31,361,886deposits and withdrawals read from chain5changes recorded in the last day594,038ERC-8004 agent registrations read−0.57/ 30 days364,225distinct owners behind those registrations200,313registrations carrying a readable card, 34%3,337,008paid requests on the Olas rail (deliveries are counted apart)−0.66/ 30 days87suppliers delivering that work411,027agent-to-agent jobs read on Base+0.04/ 30 days$1.0Msettled between agents, all time1,175suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted29,141escrows between Cardano agents since Jun 2025, 142 still open78%of every agent payment we read comes from 2,571 addresses that never stop307,376addresses paid once and never came back, of 494,774 that ever paid934of those payers are an agent we can name, 0.189% of them635agent hosts answered when we asked, of 2,532 probed17,125agents sit behind a host that answers nothing at all404msmedian answer from the 635 hosts that answer44%of all agent ratings were written by ten addresses, of 671,178 ratings read29,502rated agents have exactly one rater, of 47,110 rated at all86,979service endpoints declared across 33,840 agent cards we read0.50days of MEME volume to unwind the crowd99%of the XMR book on one side, across 30 vaults$1.30Bunder one key with no guardian, 52 of the 424 vaults whose control we have read$334.2Mwhose control we have never read, across 3,230 vaults$1.95Bsitting in vaults and not lent out$11.27Bunder 3,654 vaults we read$4.79Bin 323 vaults where we saw automated execution, nothing declared2,080vaults declared or on a venue built to run software, holding $1.01M324software-run vaults scored, 13% of them450operators identified behind them26networks where we read capital, from Ethereum to Cardano31,361,886deposits and withdrawals read from chain5changes recorded in the last day594,038ERC-8004 agent registrations read−0.57/ 30 days364,225distinct owners behind those registrations200,313registrations carrying a readable card, 34%3,337,008paid requests on the Olas rail (deliveries are counted apart)−0.66/ 30 days87suppliers delivering that work411,027agent-to-agent jobs read on Base+0.04/ 30 days$1.0Msettled between agents, all time1,175suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted29,141escrows between Cardano agents since Jun 2025, 142 still open78%of every agent payment we read comes from 2,571 addresses that never stop307,376addresses paid once and never came back, of 494,774 that ever paid934of those payers are an agent we can name, 0.189% of them635agent hosts answered when we asked, of 2,532 probed17,125agents sit behind a host that answers nothing at all404msmedian answer from the 635 hosts that answer44%of all agent ratings were written by ten addresses, of 671,178 ratings read29,502rated agents have exactly one rater, of 47,110 rated at all86,979service endpoints declared across 33,840 agent cards we read

Risk score

One number for how much can go wrong, built from risk alone and never from return. Higher is worse.Note 13

Who holds the keys

Read from the contract, never declared. A single private key and a multisig that requires one signature are the same thing and are counted together. Capital whose control we have not read is its own line, because unread is not unowned.

Already lost, still open9 vaults sit more than 95% below their own peak; the contracts are open and may still hold capital, so this is a loss, not a closure

These are separated because the loss has happened rather than looming, and a reader scanning for danger needs the ones that can still cost them something. The scores are unchanged, the arithmetic does not care whether a fall is past or pending, and they are published rather than hidden, because a failure that disappears from a site is the survivorship bias this place exists to argue with.

Show rows measured at least9 of 9 rows on this page

							What drives it
Hyperliquid Banana	Hyperliquid	$4.9k	72	Severe	—	62%	98.0% peak to trough beyond what the market explains · largest wallet holds 100% +1 more
Prosperity protocol	Hyperliquid	$30.4k	65	High	7.7%	100%	96.5% peak to trough, market share not measured · 99% of the book sits in a one-sided crowd holding 55.3% of venue open interest +2 more
Didibaba	Hyperliquid	$16.2k	63	High	84%	100%	99.5% peak to trough, market share not measured · 96% of the book sits in a one-sided crowd holding 1.2% of venue open interest +2 more
AJ Pro	Hyperliquid	$25.6k	60	High	15%	100%	99.3% peak to trough, market share not measured · 99% of the book sits in a one-sided crowd holding 17.9% of venue open interest +2 more
💩 Short the Shit	Hyperliquid	$26.3k	53	High	100%	80%	97.6% peak to trough, market share not measured · largest wallet holds 85% +1 more
Peter Brandt Esque Discretionary	Hyperliquid	$15.0k	53	High	—	100%	100.0% peak to trough beyond what the market explains · 81% of the book sits in a one-sided crowd holding 5.8% of venue open interest +1 more
Hyperland	Hyperliquid	$18.4k	50	High	—	100%	100.0% peak to trough, market share not measured · 73% of the book sits in a one-sided crowd holding 5.2% of venue open interest +1 more
TAPTRADE	Hyperliquid	$82.1k	49	High	80%	100%	99.5% peak to trough, market share not measured · 94% of the book sits in a one-sided crowd holding 7.5% of venue open interest +1 more
BTC Forever	Hyperliquid	$18.7k	44	Moderate	—	100%	47.8% peak to trough beyond what the market explains · largest wallet holds 103% +1 more