0.56days of PURR volume to unwind the crowd99%of the XMR book on one side, across 27 vaults$1.43Bunder one key with no guardian, 55 of the 433 vaults whose control we have read$359.0Mwhose control we have never read, across 3,340 vaults$1.90Bsitting in vaults and not lent out$11.35Bunder 3,773 vaults we read$4.62Bin 328 vaults where we saw automated execution, nothing declared2,178vaults declared or on a venue built to run software, holding $1.04M330software-run vaults scored, 15% of them454operators identified behind them26networks where we read capital, from Ethereum to Cardano31,753,219deposits and withdrawals read from chain237changes recorded in the last day665,378ERC-8004 agent registrations read−0.06 down, ERC-8004 agent registrations read/ 30 days429,666distinct owners behind those registrations202,388registrations carrying a readable card, 30%3,369,653paid requests on the Olas rail (deliveries are counted apart)−0.59 down, paid requests on the Olas rail (deliveries are counted apart)/ 30 days88suppliers delivering that work412,095agent-to-agent jobs read on Base+0.22 up, agent-to-agent jobs read on Base/ 30 days$1.0Msettled between agents, all time1,176suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted29,409escrows between Cardano agents since Jun 2025, 156 still open78%of every agent payment we read comes from 2,878 addresses that never stop336,847addresses paid once and never came back, of 567,288 that ever paid1,069of those payers are an agent we can name, 0.188% of them674agent hosts answered when we asked, of 2,571 probed17,117agents sit behind a host that answers nothing at all407msmedian answer from the 674 hosts that answer44%of all agent ratings were written by ten addresses, of 698,452 ratings read40,407rated agents have exactly one rater, of 58,352 rated at all108,597service endpoints declared across 46,139 agent cards we read0.56days of PURR volume to unwind the crowd99%of the XMR book on one side, across 27 vaults$1.43Bunder one key with no guardian, 55 of the 433 vaults whose control we have read$359.0Mwhose control we have never read, across 3,340 vaults$1.90Bsitting in vaults and not lent out$11.35Bunder 3,773 vaults we read$4.62Bin 328 vaults where we saw automated execution, nothing declared2,178vaults declared or on a venue built to run software, holding $1.04M330software-run vaults scored, 15% of them454operators identified behind them26networks where we read capital, from Ethereum to Cardano31,753,219deposits and withdrawals read from chain237changes recorded in the last day665,378ERC-8004 agent registrations read−0.06 down, ERC-8004 agent registrations read/ 30 days429,666distinct owners behind those registrations202,388registrations carrying a readable card, 30%3,369,653paid requests on the Olas rail (deliveries are counted apart)−0.59 down, paid requests on the Olas rail (deliveries are counted apart)/ 30 days88suppliers delivering that work412,095agent-to-agent jobs read on Base+0.22 up, agent-to-agent jobs read on Base/ 30 days$1.0Msettled between agents, all time1,176suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted29,409escrows between Cardano agents since Jun 2025, 156 still open78%of every agent payment we read comes from 2,878 addresses that never stop336,847addresses paid once and never came back, of 567,288 that ever paid1,069of those payers are an agent we can name, 0.188% of them674agent hosts answered when we asked, of 2,571 probed17,117agents sit behind a host that answers nothing at all407msmedian answer from the 674 hosts that answer44%of all agent ratings were written by ten addresses, of 698,452 ratings read40,407rated agents have exactly one rater, of 58,352 rated at all108,597service endpoints declared across 46,139 agent cards we read
Every return figure elsewhere on this site belongs to a vault. These belong to the people in it, and they are different numbers whenever people arrived at different times, which is always.
Depositor books are read for 693 of 2,621 open vaults we can size, holding $7.82B of $11.35B (69% of the capital). A venue that does not publish who is inside its vaults is absent from everything below, which is an absence rather than a finding about its depositors.
Growth
How much of it was people arriving?
3,140 vaults · 90 days
Growth
Money that arrived against money that was earned
Money earned
$1.94B51%
People arriving
$1.84B49%
Of $3.78B of growth across every vault that grew. A venue reports capital and capital growth; neither says which of the two happened, and on a rising market they look the same.
How this figure was arrived at
Metric
growth-arrivals
Population
vaults_with_flow_historyVaults whose deposits and withdrawals we hold over the window, so growth can be split from performance.
Denominator
3,779,680,699.093 ratio · 100.0% of it
Source
Computed here from figures this platform already holds.
Three routes to the split, ranked. The vault’s own share price is best and needs no cooperation from the venue, because a deposit cannot move it, because a deposit mints shares at that price. The venue’s own profit figure is second and inherits its fee treatment, which is one of the things this is supposed to separate. Flows are the residual and the weakest: a deposit we failed to observe lands in the performance term, which is the flattering direction.
167 of 519 vaults where two routes could both be computed disagree by more than a tenth of the vault. That is published rather than resolved. Two routes agreeing is evidence; two disagreeing is a finding about the venue’s books, and the second is the more interesting of the two.
A vault whose share price cannot move is refused rather than reported at zero — that would be a valuation convention arriving as a result. The flow route is the weakest and errs in the flattering direction: a deposit we failed to observe lands in the performance term. Where more than one route is available they are compared and the disagreement is published rather than resolved.
Growth, decomposed
And what the earned half was made of
199 vaults · 3,876 vault-days
The ring above separates money that arrived from money that was earned. This takes the second half apart: closed trades, the fees paid on them, the funding paid or received for holding a position, and the change in what was still open. Every term is read from the venue, and what they do not explain is published rather than folded into the nearest one.
Money in and outdeposits less withdrawals, and arriving is not earning
−$2,337,518
Closed tradesrealised on the fills the venue reports
$2,177,768
Feespaid to the venue on those fills
−$323,168
Fundingpaid or received for holding the positions, from the venue's own ledger
−$952,008
Open positions movedchange in unrealised profit on what was still open
−$2,477,594
Not explainedwhat the terms above do not account for, 0.7% of the $61,554,702 that moved
$404,233
Change in value
Addresses seen
30,107
In one vault only
24,125
In two or more vaults
5,982
Timing measurable
557
Not yet measurable
5,425
With measurable timing
557
Behind holding from the start
71
of 557 measured
Beat holding from the start
Read this before using the ranking. The venue lists only current depositors, so anyone who entered, lost money and left is invisible, every address below survived, which flatters all of them. Only the largest 100 holders per vault are published, so smaller and earlier positions are missing. And our value history begins when we started observing, not when the vault did. This is a lead worth investigating, not a verdict.
Chance alone would put the “beat holding” figure near 50%. It currently sits far below that, which at this stage says more about the shortness of our history than about anyone’s judgement: most entries we can measure landed after a vault’s early growth was already in its average. Treat the ranking as usable only once that figure approaches half.
Ranked by timing rather than by return, because picking a vault that was rising anyway is not skill. 489 addresses are held out for size , because their whole stake is under $1,000. A return on a leftover balance is arithmetic rather than a decision, and ranking it alongside a stake somebody chose would sell you the wrong list. They are counted here rather than dropped, because a shorter list that looks like the whole one is the thing this page exists not to publish. 4,899 addresses are not ranked here: a vault they hold annualises past the 1000% ceiling, and an edge measured from a ceiling is the ceiling minus the vault’s own history, which would rank the worst vaults highest.
3 of 60 shown in full. 12 more are listed with the wallet withheld.The other 45 are not on this page at all. A plan opens every depositor, concentration, and the timing of each wallet’s entries and exits. The count is free because the count is the finding; the detail is what Analyst carries.
$2,461,093,220 to $2,457,584,932, 2026-09-16 to 2026-10-15
−$3,508,287
Performance, which is the change less what arrived and left, is −$1,170,769 over 3,876 days and 11,257,199 fills. 12,490 further days are not included, because a reader has not covered them: 4,294 days because the funding ledger has been walked, but not over these days; 258 days because fills have been walked, but not over these days; 1 day because one end of the day has no position snapshot; 1 day because the funding ledger has never been walked for this vault; 1 day because this vault’s fills have never been walked.
56 further vaults have days in this window and none that can be decomposed yet, so they are excluded from every figure above rather than contributing the terms they do have. Each term comes from its own walk with its own cursor, and those are still working backwards.