⌘K

Live evidencecounted 18m ago

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$334.3Mwhose control we have never read, across 3,253 vaults$1.95Bsitting in vaults and not lent out$11.27Bunder 3,677 vaults we read$4.79Bin 323 vaults where we saw automated execution, nothing declared2,103vaults declared or on a venue built to run software, holding $1.02M324software-run vaults scored, 13% of them451operators identified behind them26networks where we read capital, from Ethereum to Cardano31,363,924deposits and withdrawals read from chain78changes 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)−0.68/ 30 days87suppliers delivering that work411,027agent-to-agent jobs read on Base+0.03/ 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$334.3Mwhose control we have never read, across 3,253 vaults$1.95Bsitting in vaults and not lent out$11.27Bunder 3,677 vaults we read$4.79Bin 323 vaults where we saw automated execution, nothing declared2,103vaults declared or on a venue built to run software, holding $1.02M324software-run vaults scored, 13% of them451operators identified behind them26networks where we read capital, from Ethereum to Cardano31,363,924deposits and withdrawals read from chain78changes 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)−0.68/ 30 days87suppliers delivering that work411,027agent-to-agent jobs read on Base+0.03/ 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

Vaults

The largest 400 by capital, of 3,674 open across every venue we read, agent-managed or not. The rest are on a plan, or in the API.Note 17

Concentration

How much of it sits in the largest vaults

Concrete · CTDELTAWEETH: $763.98M6.8%
Steakhouse USDG: $537.09M4.8%
Adpend USDC: $493.79M4.4%
Steakhouse High Yield USDC Edition: $461.93M4.1%
Sentora RLUSD Main: $458.08M4.1%
Gauntlet USDC Prime: $414.41M3.7%
2580 smaller vaults: $8.14B72%

A share of vaults_valued, open vaults we can put a size on, less the few we read as holding nothing, which have no share of capital to take. That is fewer than the open count in the header, and the difference is vaults whose underlying we cannot price rather than vaults that are not there.

How this figure was arrived at

Metric: capital-by-vault
Population: vaults_valuedOpen vaults we can put a size on, which is the denominator behind every capital total here. A vault whose underlying we cannot price is published unvalued rather than estimated; one we read as holding nothing is valued at zero, which is a reading rather than a gap.
Denominator: 11,266,558,359.938 USD · 100.0% of it
Source: Computed here from figures this platform already holds.
Grade: B
Read at: 2026-10-09 23:41 UTC
Methodology: aspern-0.3
Snapshot: cmv1m0px5000kleyffpfv926b

Concentration, deeper

The largest 25, and everything after them

Concrete · CTDELTAWEETH: $763.98M6.8%
Steakhouse USDG: $537.09M4.8%
Adpend USDC: $493.79M4.4%
Steakhouse High Yield USDC Edition: $461.93M4.1%
Sentora RLUSD Main: $458.08M4.1%
Gauntlet USDC Prime: $414.41M3.7%
Paypal USD Main: $408.94M3.6%
Spark USDC Vault: $388.52M3.4%
Gauntlet x Lista BNB Vault: $361.71M3.2%
ether.fi Liquid · LIQUIDETH: $339.81M3.0%
1337 USDC: $263.24M2.3%
Sentora x Spark RLUSD: $250.01M2.2%
Steakhouse Prime USDC: $217.53M1.9%
Grove x Steakhouse USDC: $216.08M1.9%
Sentora PRIME Main: $216.03M1.9%
Gauntlet USDC Prime: $177.37M1.6%
Steakhouse Prime EURCV: $149.78M1.3%
Gauntlet x Lista USD1 Vault: $138.22M1.2%
Gauntlet USDC Prime: $125.12M1.1%
Steakhouse USDC: $121.57M1.1%
Steakhouse Prime USDC: $115.22M1.0%
Concrete · ctwstETH+: $112.91M1.0%
Concrete · CTWLFICX-PRIME: $103.48M0.9%
Grove x Steakhouse USDC High Yield: $103.41M0.9%
Avant avUSD · SAVUSD: $101.46M0.9%
2561 smaller vaults: $4.23B38%

The same money as the ring above, cut at twenty-five instead of six. Shaded by rank, light to dark, because these are sizes rather than identities.

How this figure was arrived at

Metric: capital-by-vault-deep
Population: vaults_valuedOpen vaults we can put a size on, which is the denominator behind every capital total here. A vault whose underlying we cannot price is published unvalued rather than estimated; one we read as holding nothing is valued at zero, which is a reading rather than a gap.
Denominator: 11,266,558,359.938 USD · 100.0% of it
Source: Computed here from figures this platform already holds.
Grade: B
Read at: 2026-10-09 23:41 UTC
Methodology: aspern-0.3
Snapshot: cmv1m0px5000kleyffpfv926b

What the levered books look like right now

166 of 380 carry a liquidation price we can read

Closest to liquidation

1.3%

一三七, $991.1k of notional

Highest leverage

40.0×

Rhova - Market Maker defesa( hedge)

Within 10% of liquidation

3 within 5%

These sit far down a list ordered by capital, because the levered books are the small ones. Sort the To liq. column to bring them to the top, or read them ranked on distance to liquidation. A vault showing a dash is unmeasured, not safe: the venue reported no liquidation price on any position we can see.

Size

Any Over $10M 137 $1M–10M 263 Under $1M 0

Who can move the money

Any One party, acting alone 83 A multisig, more than one signature 185 A timelock 24 Another contract 40 Control not read 68

History we have observed

Any 90 days or more 28 30–90 days 176 Under 30 days 196

Record

Any Independently checkable 240 Reported to us 160

Run by

Any Software 135 trading a book 17 allocating deposits 118

Why we call it software

Any seen or declared 135 name only 0

Observations

Any Something worth a look 56

15 of 400 shownClear filtersCounts are of all 400 vaults, not of the current selection.

All rows are machine-managed15 of 15 identified as machine-managed

Download CSV, part of Analyst

#																Earning from
1	Sentora pathUSD0x9a044AE0…a626	Morpho Vaults V2	Tempo	pathUSD	Sentora	likely	no model declared	—	$39.73M	0.1%never at scale	0.0%	—	<0.1%	—	—	—	154d	quotes ~00.02% in 28d	consistent100	Alone	—	—	$4.27M	42%	B
2	HLP Liquidator 20xb0a55f13…9540	Hyperliquid	Hyperliquid	USDC	HLP0xdfc24b07…f303	likely	no model declared	—	$30.00M	388.0%387.9% at scale	0.8%	25.41	116%	1,541%	20.0×	—	1.5y	flat0.00% in 25d	erratic47	—	1	100%	$0.00	40%	B
3	Growi HF0x1e37a337…8d5e	Hyperliquid	Hyperliquid	USDC	Growi0x77894508…f60d	likely	no model declared	—	$13.51M	180.0%68.0% at scale	12.3%	1.88	23%	15,399%	12.2×	trading	2.2y	rewards unread3.12% in 28d	consistent94	—	100+	5%	$1.96M	34%	B
4	[ Systemic Strategies ] L/S Grids0x07fd993f…689d	Hyperliquid	Hyperliquid	USDC	Systemic Strategies0x2b804617…6f4b	likely	no model declared	—	$9.78M	165.7%45.9% at scale	28.7%	1.34	55%	626%	9.3×	losing	1.7y	implausible-21.73% in 23d	consistent94	—	100+	7%	-$3.33M	45%	B
5	drkmttr0xc179e039…e0c8	Hyperliquid	Hyperliquid	USDC	drkmttr0xf4f7cebb…239f	likely	no model declared	—	$8.58M	—	—	—	—	73%	4.6×	trading	303d	implausible-91.52% in 29d	consistent94	—	100+	37%	-$776.8k	26%	B
6	BredoStrategy0x654016a8…f7b7	Hyperliquid	Hyperliquid	USDC	BredoStrategy0xf5f569a7…0336	likely	no model declared	—	$6.01M	177.9%147.1% at scale	60.4%	1.99	144%	24%	4.8×	trading	233d	implausible59.58% in 29d	consistent94	—	100+	9%	$924.9k	21%	B
7	[ Systemic Strategies ] ♾️ HyperGrowth ♾️0xd6e56265…5b42	Hyperliquid	Hyperliquid	USDC	Systemic Strategies0x2b804617…6f4b	likely	Claude Opus	B	$5.85M	193.9%never at scale	40.4%	2.55	110%	2,224%	8.0×	trading	1.1y	implausible-12.95% in 29d	consistent90	—	100+	11%	-$4.01M	31%	B
8	HLP Strategy A0x010461c1…703a	Hyperliquid	Hyperliquid	USDC	HLP0xdfc24b07…f303	likely	no model declared	—	$3.20M	99.1%120.7% at scale	88.6%	0.98	104%	5,138%	20.0×	trading	3.4y	too new	consistent93	—	1	100%	$0.00	53%	B
9	HLP Strategy B0x31ca8395…974b	Hyperliquid	Hyperliquid	USDC	HLP0xdfc24b07…f303	likely	no model declared	—	$2.99M	—	—	—	—	4,428%	20.0×	losing	3.4y	implausible-8.90% in 29d	consistent93	—	1	100%	$275.4k	52%	B
10	FC Genesis - Quantum0xa6a34f0b…5e40	Hyperliquid	Hyperliquid	USDC	FC Genesis0x3d32e286…cfec	likely	no model declared	—	$2.25M	-23.3%-13.0% at scale	24.2%	-1.22	14%	100%	1.0×	trading	1.1y	rewards unread1.70% in 29d	intermittent84	—	75	42%	$78.4k	30%	B
11	Enjoyooor V30x7178cc2d…0854	Hyperliquid	Hyperliquid	USDC	Enjoyooor0x83046ec0…42b9	likely	no model declared	—	$2.14M	99.7%50.1% at scale	49.7%	1.77	139%	62%	9.7×	trading	170d	rewards unread4.63% in 29d	intermittent78	—	17	20%	$163.2k	19%	B
12	Black Ops0x49a64893…77ae	Hyperliquid	Hyperliquid	USDC	Black Ops0x970ed103…943c	likely	no model declared	—	$1.59M	8.8%20.6% at scale	25.9%	0.45	42%	56%	3.0×	trading	275d	rewards unread9.36% in 29d	consistent89	—	100+	17%	$60.7k	24%	B
13	Hyperrr0xca230e81…e9e0	Hyperliquid	Hyperliquid	USDC	Hyperrr0x76184c92…c96e	likely	no model declared	—	$1.47M	—	—	—	—	49%	4.4×	trading	1.8y	rewards unread17.75% in 29d	consistent93	—	122	27%	-$462.2k	48%	B
14	Orbit Value Strategies0x115849ce…1aa5	Hyperliquid	Hyperliquid	USDC	Orbit Value0xf292b42e…9edf	likely	no model declared	—	$1.35M	-12.0%-5.8% at scale	20.2%	-0.47	23%	563%	14.3×	losing	296d	rewards unread-0.21% in 28d	intermittent63	—	100+	5%	-$313.4k	25%	B
15	Jade Lotus Capital0xbc5bf88f…7fdc	Hyperliquid	Hyperliquid	USDC	Jade Lotus Capital0x10cd85d0…e171	likely	no model declared	—	$1.16M	1,028.5%3.4% at scale	37.1%	5.45	173%	244%	12.8×	trading	1.4y	implausible44.88% in 27d	intermittent78	—	100+	78%	$51.0k	38%	B

the largest 15 of 3,674 vaults