0.93days of PURR volume to unwind the crowd99%of the XMR book on one side, across 30 vaults$1.32Bunder one key with no guardian, 52 of the 426 vaults whose control we have read$308.5Mwhose control we have never read, across 3,259 vaults$1.98Bsitting in vaults and not lent out$11.34Bunder 3,685 vaults we read$4.82Bin 324 vaults where we saw automated execution, nothing declared2,113vaults declared or on a venue built to run software, holding $1.00M327software-run vaults scored, 13% of them452operators identified behind them26networks where we read capital, from Ethereum to Cardano31,428,214deposits and withdrawals read from chain228changes recorded in the last day595,288ERC-8004 agent registrations read−0.56 down, ERC-8004 agent registrations read/ 30 days364,965distinct owners behind those registrations200,706registrations carrying a readable card, 34%3,342,538paid requests on the Olas rail (deliveries are counted apart)−0.67 down, paid requests on the Olas rail (deliveries are counted apart)/ 30 days87suppliers delivering that work411,349agent-to-agent jobs read on Base+0.06 up, agent-to-agent jobs read on Base/ 30 days$1.0Msettled between agents, all time1,175suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted29,194escrows between Cardano agents since Jun 2025, 145 still open78%of every agent payment we read comes from 2,636 addresses that never stop309,820addresses paid once and never came back, of 504,405 that ever paid954of those payers are an agent we can name, 0.189% of them642agent hosts answered when we asked, of 2,536 probed17,121agents sit behind a host that answers nothing at all272msmedian answer from the 642 hosts that answer44%of all agent ratings were written by ten addresses, of 676,770 ratings read29,392rated agents have exactly one rater, of 47,149 rated at all93,548service endpoints declared across 37,679 agent cards we read0.93days of PURR volume to unwind the crowd99%of the XMR book on one side, across 30 vaults$1.32Bunder one key with no guardian, 52 of the 426 vaults whose control we have read$308.5Mwhose control we have never read, across 3,259 vaults$1.98Bsitting in vaults and not lent out$11.34Bunder 3,685 vaults we read$4.82Bin 324 vaults where we saw automated execution, nothing declared2,113vaults declared or on a venue built to run software, holding $1.00M327software-run vaults scored, 13% of them452operators identified behind them26networks where we read capital, from Ethereum to Cardano31,428,214deposits and withdrawals read from chain228changes recorded in the last day595,288ERC-8004 agent registrations read−0.56 down, ERC-8004 agent registrations read/ 30 days364,965distinct owners behind those registrations200,706registrations carrying a readable card, 34%3,342,538paid requests on the Olas rail (deliveries are counted apart)−0.67 down, paid requests on the Olas rail (deliveries are counted apart)/ 30 days87suppliers delivering that work411,349agent-to-agent jobs read on Base+0.06 up, agent-to-agent jobs read on Base/ 30 days$1.0Msettled between agents, all time1,175suppliers listed on the ACP rail189agents live on Cardano76Cardano agents deregistered, 29% of all ever minted29,194escrows between Cardano agents since Jun 2025, 145 still open78%of every agent payment we read comes from 2,636 addresses that never stop309,820addresses paid once and never came back, of 504,405 that ever paid954of those payers are an agent we can name, 0.189% of them642agent hosts answered when we asked, of 2,536 probed17,121agents sit behind a host that answers nothing at all272msmedian answer from the 642 hosts that answer44%of all agent ratings were written by ten addresses, of 676,770 ratings read29,392rated agents have exactly one rater, of 47,149 rated at all93,548service endpoints declared across 37,679 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 679 of 2,595 open vaults we can size, holding $7.76B of $11.34B (68% 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?
3,050 vaults · 90 days
Growth
Money that arrived against money that was earned
Money earned
$2.11B52%
People arriving
$1.97B48%
Of $4.08B 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
4,075,820,632.253 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.
165 of 496 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
198 vaults · 4,011 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
−$4,311,189
Closed tradesrealised on the fills the venue reports
$4,066,856
Feespaid to the venue on those fills
−$214,771
Fundingpaid or received for holding the positions, from the venue's own ledger
−$905,296
Open positions movedchange in unrealised profit on what was still open
−$2,948,253
Not explainedwhat the terms above do not account for, 0.7% of the $57,273,604 that moved
$426,348
Change in value
Addresses seen
36,860
In one vault only
30,971
In two or more vaults
5,889
Timing measurable
605
Not yet measurable
5,284
With measurable timing
605
Behind holding from the start
72
of 605 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.
The same measurement read from the other end: entries that did worse than simply having been in the vault
all along. This is the larger half, 12% of measured entries are behind holding, and none of them appeared
anywhere on this page before. What it still cannot show you: everyone here is a current depositor, so these
are the wallets that timed it badly and stayed. Those who lost and left are not in the venue's list at all,
and their absence flatters this ranking exactly as much as it flatters the other one. 356 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. 4,894 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.
$2,545,218,111 to $2,541,331,806, 2026-09-10 to 2026-10-10
−$3,886,305
Performance, which is the change less what arrived and left, is $424,884 over 4,011 days and 11,028,830 fills. 12,328 further days are not included, because a reader has not covered them: 4,138 days because the funding ledger has been walked, but not over these days; 207 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.
54 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.