TOLL

What software pays for, recorded every six hours.

Snapshot
2026-09-15 16:57 UTC
Sweep
daily-2026-09-15 · finished 2026-09-15 07:10 UTC
Listed
16,167

The Ledger

Built from the quality counters Coinbase publishes on every listed endpoint, snapshotted every six hours and never overwritten. The lead finding is not the volume but its concentration.

every figure on this page, as of 2026-09-14 21:48 UTC · method · pinnedCite this page
Share of calls held by the top 1% of endpoints
80.2%
as of 2026-09-14 21:48 UTC · method · pinned
Of every hundred calls counted, 80 went to the busiest one in a hundred endpoints.
Share of calls held by the top ten payee wallets
67.1%
as of 2026-09-14 21:48 UTC · method · pinned
Share of the index with exactly one call from exactly one payer
47.5%
as of 2026-09-14 21:48 UTC · method · pinned
Endpoints with counters that were called once, by one payer, in the whole trailing month: one touch, not repeat use.
Correlation between calls and unique payers, Pearson
0.40
as of 2026-09-14 21:48 UTC · method · pinned · 0.11 to 0.40 across 22 changed snapshots since ; the series table carries every value
Volume and distinct buyers are moderately related at this snapshot: an endpoint's call count is a partial guide to how many parties paid for it. One endpoint carries this figure: q verdict resource on www.ax1.vc holds 13.6% of all calls counted and the most payers of any endpoint, and removing it alone takes r to 0.10. Across the other 99% of endpoints r is 0.57, and the rank correlation, which no single endpoint moves, is 0.66.
Correlation between calls and unique payers, rankderived
0.66
as of 2026-09-14 21:48 UTC · method · pinned · Spearman on the ranks of the same two columns · Pearson across the other 99% is 0.57
Published beside Pearson because no single endpoint moves it: ranks change only when endpoints change places. It has held between 0.64 and 0.66 at every snapshot since observation began, while Pearson ranged 0.11 to 0.40.
Calls counted, trailing 30 days
395,815
as of 2026-09-14 21:48 UTC · method · pinned
Sum of per-endpoint unique payers, upper bound
46,869
as of 2026-09-14 21:48 UTC · method · pinned · not a count of unique payers; one wallet across many endpoints is counted once per endpoint
Share of endpoints last called more than 7 days before the snapshot
62.1%
as of 2026-09-14 21:48 UTC · method · pinned
Endpoints with counters
15,395
as of 2026-09-14 21:48 UTC · method · pinned · Binance-only listings carry no counters
Endpoints listed now
16,167
as of 2026-09-15 16:58 UTC · method · live · as of the last registry pull, so it moves with the registries and is not pinned

The series

one row per snapshot, newest first

Calls counted rose from 338,351 at the first snapshot to 395,815 at this one, up 17.0% over 4.1 days. Each point is a trailing-30-day sum, so part of any rise is new endpoints entering the count (14,306 to 15,395 with counters). No other published series exists for this ecosystem to compare it against.

Is the counted volume growing?

340,000360,000380,000400,000395,81510 Sep11 Sep12 Sep13 Sep14 Sep
Calls counted in the trailing 30 days across every endpoint with counters, one mark per snapshot; 22 of 25 carried a change. The axis is truncated to the range of the data rather than starting at zero, with a break drawn at its foot; the labelled values are the scale.

One row per snapshot since the first on , newest first.changedsame as previousThe registry recomputes its counters in batches, so consecutive snapshots often repeat every column (method).

One row per snapshot: endpoints with counters, calls, unique payers, both correlations, and whether the snapshot changed
snapshot, UTCendpoints with counterscalls, 30dsum of unique payers, upper boundcalls to payers, Pearsoncalls to payers, rankreadingpinned view
2026-09-14 21:48 UTC15,395395,81546,8690.4000.661changed2026-09-14T21-48Z
2026-09-14 12:43 UTC15,378393,19946,5800.3980.659changed2026-09-14T12-43Z
2026-09-14 04:54 UTC15,381390,36946,3150.3980.656changed2026-09-14T04-54Z
2026-09-13 20:48 UTC15,348380,86446,0540.3210.656changed2026-09-13T20-48Z
2026-09-13 16:15 UTC15,184367,38544,8570.2280.654changed2026-09-13T16-15Z
2026-09-13 11:49 UTC14,571362,47644,2740.1830.657changed2026-09-13T11-49Z
2026-09-13 04:45 UTC14,647359,50744,2520.1590.659changed2026-09-13T04-45Z
2026-09-12 20:44 UTC14,609357,12144,4580.1510.660same as previous2026-09-12T20-44Z
2026-09-12 20:40 UTC14,609357,12144,4580.1510.660same as previous2026-09-12T20-40Z
2026-09-12 20:32 UTC14,609357,12144,4580.1510.660changed2026-09-12T20-32Z
2026-09-12 15:30 UTC14,518352,53744,1350.1430.654changed2026-09-12T15-30Z
2026-09-12 14:15 UTC14,530352,55644,1540.1430.654changed2026-09-12T14-15Z
2026-09-12 10:44 UTC14,544347,81343,8690.1200.651changed2026-09-12T10-44Z
2026-09-12 04:32 UTC14,540347,24243,8930.1150.652changed2026-09-12T04-32Z
2026-09-11 20:57 UTC14,344345,46843,7160.1130.651changed2026-09-11T20-57Z
2026-09-11 16:27 UTC14,295344,93043,6770.1120.650changed2026-09-11T16-27Z
2026-09-11 09:22 UTC14,276344,07243,5320.1110.648changed2026-09-11T09-22Z
2026-09-11 08:47 UTC14,272344,07543,5340.1110.648changed2026-09-11T08-47Z
2026-09-11 03:04 UTC14,250338,89443,1200.1110.645changed2026-09-11T03-04Z
2026-09-10 21:35 UTC14,197337,18743,0810.1110.646changed2026-09-10T21-35Z
2026-09-10 20:14 UTC14,286337,28043,1720.1110.646changed2026-09-10T20-14Z
2026-09-10 20:00 UTC14,295337,29143,1810.1110.646same as previous2026-09-10T20-00Z
2026-09-10 19:57 UTC14,295337,29143,1810.1110.646changed2026-09-10T19-57Z
2026-09-10 19:17 UTC14,304338,33743,2010.1110.646changed2026-09-10T19-17Z
2026-09-10 19:08 UTC14,306338,35143,2090.1110.646changed2026-09-10T19-08Z

Pages

  • Concentration: the full distribution of calls and payers, top endpoints and top wallets.
  • Single-wallet burst windows: every candidate window with its four measurements and pass or fail, rule version stamped.
  • Correlation: why the published Pearson moved from 0.11 to 0.40 while the rank correlation held, the endpoint that carries it, and what that means for any aggregate figure about this market.
  • Single-payer endpoints: high volume from exactly one payer, a measurement of counters rather than timing.
  • Validation: what the daily sweep found, state by state and check by check.
  • Counter discrepancy: these counters against the x402.org counter, with the caveats.
  • Method: how every number is produced, what is excluded, what cannot be seen.
  • JSON, version 1: every page above as data, with the snapshot and rule version in the body.
Cite this page

The pinned URL below renders this page from the snapshot of 2026-09-14 21:48 UTC and does not change; the live page does, every six hours. Data reuse is under CC BY 4.0 (terms).

Plain text

TOLL, "The Ledger", snapshot of 2026-09-14 21:48 UTC. https://tollindex.com/ledger/at/2026-09-14T21-48Z. Accessed [access date].

BibTeX

@misc{toll-ledger-2026-09-14T21-48Z,
  author = {TOLL},
  title = {The Ledger},
  howpublished = {\url{https://tollindex.com/ledger/at/2026-09-14T21-48Z}},
  year = {2026},
  month = {9},
  note = {Pinned view of the snapshot of 2026-09-14 21:48 UTC. Accessed [access date].}
}