October marked a maturation point for the Agentic Finance Graph, the independent ledger tracking money held and spent by AI agents on Base and six other chains. The project released its 'State of Agent Money, October 2026' edition, introducing cryptographic proof mechanisms and publishing significant data corrections. The ledger now counts 2,360,049 payments worth $9.09 million from 25,469 agents, establishing a verifiable baseline for agent economic activity.

Verifiable Proofs and On-Chain Anchors

The graph has implemented Ed25519 signatures for its 'Agent Pass' system, with approximately 25,000 agents now holding signed passes that list eight checks valid for three hours. Totals are structured as a Merkle-sum tree, allowing skeptical clients to verify signatures and walk leaves to the root. To ensure historical integrity, signed heads of both logs are committed daily on Base via zero-value transactions from address 0x11B9135be900fE8b40e486d7041b28f8c944B60b, starting at block 53,371,050.

Public Corrections and Data Integrity

The team made several high-profile corrections to their methodology. A major adjustment removed $1.82 million in 'loop returns' where agents sent funds back to their funders, reducing the counted total from $56.66 million to $54.84 million. They also disclosed that a pre-registered research question failed: feedback volume did not predict agent payment initiation, yielding an AUC of 0.452, worse than chance. Additionally, IBM’s AMLSim was adapted to test detectors, revealing flaws in storm reporting and burst detection rules.

Agent Economics and Security Tools

The ledger highlights the scale of agent activity, with 1,051,941 registrations minted on Base in October alone. Security tools like 'Blast radius' analysis and 'Probe-then-drain' detection are now available to identify stolen keys and suspicious behavior. The data shows 2,029 of 41,728 wallets bound to Level 7 agents use EIP-7702 delegation, with significant adoption of Coinbase’s EIP7702Proxy and MetaMask’s stateless delegator.

Key Takeaways

  • October saw 2,360,049 payments worth $9.09 million, with $5.27 million actually leaving payer control.
  • Agent Passes are now signed with Ed25519, providing three-hour validity windows for eight distinct checks.
  • The team publicly corrected $1.82 million in double-counted loop returns and admitted a failed predictive model.
  • On-chain anchors on Base ensure the historical record cannot be silently rewritten without detection.

The Bottom Line

This is what mature infrastructure looks like: admitting mistakes, proving data with cryptography, and refusing to sell a token. If you are building agent economies, you need to be able to verify the ledger, not just trust the dashboard.