⌘K

Live evidencecounted 24m 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$334.2Mwhose 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 declared2,080vaults declared or on a venue built to run software, holding $1.01M324software-run vaults scored, 16% of them451operators identified behind them26networks where we read capital, from Ethereum to Cardano31,363,924deposits 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+0.03/ 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$334.2Mwhose 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 declared2,080vaults declared or on a venue built to run software, holding $1.01M324software-run vaults scored, 16% of them451operators identified behind them26networks where we read capital, from Ethereum to Cardano31,363,924deposits 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+0.03/ 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 3,677 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%
2631 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: 11,266,496,117.584 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%
2612 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: 11,266,496,117.584 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 381 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

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

Machine-managed only3 of 93 identified as machine-managed

Download CSV, part of Analyst

#																Earning from
1	Concrete · CTDELTAWEETH2393da89-4…3a20	Concrete	Ethereum	CTDELTAWEETH	Concrete	unknown	no model declared	—	$763.98M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Alone	1	—	$0.00	14%	C
2	Concrete · ctwstETH+e3b2b35d-0…d00c	Concrete	Ethereum	ctwstETH+	Concrete	unknown	no model declared	—	$112.91M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Alone	1	—	$0.00	14%	C
3	Concrete · CTWLFICX-PRIME51bd33e6-0…6086	Concrete	Ethereum	CTWLFICX-PRIME	Concrete	unknown	no model declared	—	$103.48M	<0.1%never at scale	0.1%	0.78	0.3%	—	—	—	39d	quotes ~00.03% in 29d	consistent87	Alone	1	—	$0.00	11%	C
4	EVK Vault evUSD-20xd8ec5b49…305d	Euler	Monad	vUSD	0x87ef…6c050x87ef01f2…6c05	unknown	no model declared	—	$79.37M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Multisig	9	—	$5.35M	14%	D
5	Concrete · THUSD-THBILL-STABLEbbe93fcd-8…c784	Concrete	Stable	THUSD-THBILL-…	Concrete	unknown	no model declared	—	$66.22M	0.0%never at scale	0.0%	—	0.0%	—	—	—	39d	fixed 1:1	consistent87	Multisig	—	—	$0.00	11%	C
6	Concrete · CTDEFIUSDT9ffcea5d-e…b2ba	Concrete	Ethereum	CTDEFIUSDT	Concrete	unknown	no model declared	—	$30.51M	1.0%never at scale	0.0%	—	0.4%	—	—	—	51d	quotes ~00.54% in 30d	consistent87	Alone	777	—	$387.8k	14%	C
7	EVK Vault eWETH-7 monad0xa5b409b5…6ca2	Euler	Monad	WETH	0x060d…fea30x060db084…fea3	unknown	no model declared	—	$29.41M	0.2%never at scale	0.0%	—	<0.1%	—	—	—	51d	no quote0.10% in 30d	consistent87	Alone	4	—	$8.44M	14%	D
8	Concrete · CTRWA-USD1c47fc8ce-1…bcea	Concrete	Ethereum	CTRWA-USD1	Concrete	unknown	no model declared	—	$28.25M	0.7%never at scale	0.0%	—	0.9%	—	—	—	39d	quotes ~00.51% in 30d	consistent87	Alone	2	—	$3.00M	11%	C
9	EVK Vault eweETH-2 monad0xb4f2bcd6…dff1	Euler	Monad	weETH	0x060d…fea30x060db084…fea3	unknown	no model declared	—	$24.98M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Alone	5	—	$4.72M	14%	D
10	EVK Vault eWETH-30x502e4a0b…2c2c	Euler	Monad	WETH	0x060d…fea30x060db084…fea3	unknown	no model declared	—	$24.95M	0.2%never at scale	0.0%	—	<0.1%	—	—	—	51d	no quote0.10% in 30d	consistent87	Alone	31	—	-$18.25M	14%	D
11	EVK Vault egAUSD-10xe04dc245…aa7a	Euler	Monad	gAUSD	0x060d…fea30x060db084…fea3	unknown	no model declared	—	$24.84M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Alone	2	—	$0.00	14%	D
12	Concrete · CTWBTC berachain26cd1dcf-2…a89d	Concrete	Berachain	CTWBTC	Concrete	unknown	no model declared	—	$24.29M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Contract	670	—	$0.00	14%	C
13	Lagoon · ROCK.RETHb22108bd-d…08fb	Lagoon	Ethereum	ROCK.RETH	Lagoon	unknown	no model declared	—	$24.04M	0.1%never at scale	0.0%	—	0.1%	—	—	—	51d	quotes ~00.04% in 30d	consistent87	Alone	384	—	-$253.7k	14%	C
14	EVK Vault ewstETH-2 monad0x61788859…75e9	Euler	Monad	wstETH	0x060d…fea30x060db084…fea3	unknown	no model declared	—	$21.03M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Alone	—	—	-$11.46M	14%	D
15	Concrete · THUSD-USDC-ETHc77c9bce-1…f765	Concrete	Ethereum	THUSD-USDC-ETH	Concrete	unknown	no model declared	—	$20.47M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Multisig	91	—	$0.00	14%	C
16	EVK Vault eAUSD-160x9e350064…870e	Euler	Monad	AUSD	0x87ef…6c050x87ef01f2…6c05	unknown	no model declared	—	$17.65M	1.0%never at scale	0.0%	—	0.2%	—	—	—	51d	no quote0.63% in 30d	consistent87	Multisig	23	—	$4.35M	14%	D
17	EVK Vault eUSD0-40xd001f0a1…3b5d	Euler	Ethereum	USD0	0x81ad…03f40x81ad394c…03f4	unknown	no model declared	—	$17.36M	0.1%never at scale	0.0%	—	<0.1%	—	—	—	51d	no quote0.05% in 30d	consistent87	Multisig	2	—	-$6.3k	14%	D
18	Kamino pyUSD–USDCHmj82e48X9…UiGm	Kamino	Solana	—	—	unknown	no model declared	—	$16.69M	<0.1%never at scale	0.0%	0.94	0.2%	—	—	—	40d	no quote0.03% in 30d	consistent93	—	—	—	—	11%	D
19	EVK Vault eUSDt-30xa446938b…3e9e	Euler	Avalanche	USDT	0xdd84…8b6b0xdd84a24e…8b6b	unknown	no model declared	—	$16.65M	3.9%never at scale	0.0%	—	0.4%	—	—	—	51d	no quote2.24% in 30d	consistent87	Alone	495	—	$0.00	14%	D
20	EVK Vault exUSD-20xf1ba8c5c…b9eb	Euler	Ethereum	xUSD	0x7d07…dcd80x7d07bfdd…dcd8	unknown	no model declared	—	$16.10M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Multisig	8	—	$0.00	14%	D
21	EVK Vault eAUSD-170x4a798ef3…fa99	Euler	Monad	AUSD	0x060d…fea30x060db084…fea3	unknown	no model declared	—	$15.84M	0.8%never at scale	0.0%	—	0.1%	—	—	—	51d	no quote0.43% in 30d	consistent87	Alone	5	—	-$379.8k	14%	D
22	EVK Vault eUSDC-640x01864ae3…7ecd	Euler	Ethereum	USDC	0x7d07…dcd80x7d07bfdd…dcd8	unknown	no model declared	—	$14.39M	<0.1%never at scale	0.0%	—	<0.1%	—	—	—	51d	no quote0.01% in 30d	consistent87	Multisig	86	—	$0.00	14%	D
23	Concrete · CTUSDE622d3daa-f…0ccf	Concrete	Berachain	CTUSDE	Concrete	unknown	no model declared	—	$13.43M	0.0%never at scale	0.0%	—	0.0%	—	—	—	51d	fixed 1:1	consistent87	Contract	240	—	$0.00	14%	C
24	EVK Vault escUSD-20xb38d431e…97b8	Euler	Sonic	scUSD	0xb672…f1c40xb672ea44…f1c4	unknown	no model declared	—	$13.30M	8.7%never at scale	0.0%	—	0.8%	—	—	—	51d	no quote5.01% in 30d	consistent87	Multisig	—	—	$0.00	14%	D
25	Lagoon · SYNUSD+41e759da-5…b3b5	Lagoon	Ethereum	SYNUSD+	Lagoon	unknown	no model declared	—	$11.75M	1.1%never at scale	0.0%	—	0.7%	—	—	—	51d	8.20%of7.35%from 0.67% in 30d	consistent87	Alone	57	—	$3.36M	14%	C

1–25 of 93 vaultsShow