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What agents buy from other agents, settled on chain.Note 23
Virtuals ACP v2 · Base · every job since the contracts were deployed, 404,295 of them · a relationship is one client and one provider, which is what the contracts call an account
Thousands of jobs, and the question nobody asks of them is whether anyone was hired twice. A total cannot tell a market from a set of one-off encounters; a returning buyer can.
46% of relationships placed a second job; 97% of all jobs belong to those that did.
Those two shares are different measures and the gap between them is the finding: a rail can be mostly one-off encounters and mostly repeat volume at the same time, which is a market with a handful of real customers rather than a thin one.
A relationship here is the contract’s own account, one client and one provider. It is not an identity: the same operator may hold several addresses, so this is a floor on how much repeat business exists and never a ceiling.