{"as_of":"2026-09-21T06:24:56Z","headline":{"claimed_volume_usdc":37830.85,"estimated_non_organic_pct":70.6,"grades":{"A":2,"B":4,"C":9,"D":14,"F":27,"n/v":4},"merchants_scored":56,"organic_adjusted_volume_usdc":11103.39,"reading":"volume-weighted share of claimed challenge volume that the wash-risk model does not attribute to independent multi-party demand"},"limitations":["Statistical estimates from public data; not a finding about any operator's intent.","Weights are set by judgment, not fitted; there is no labelled ground-truth set beyond this operator's self-declared wallets, so no false-positive rate is claimed.","High-volume merchants are scored on a recent sample, not their full history.","Every inbound USDC transfer to a payTo is counted; transfers that were not x402 payments (top-ups, refunds) cannot always be separated.","A single large legitimate customer, or a scheduled job that is real demand, can look like concentration or metronomic timing.","Funder attribution uses each payer's largest recent USDC inflow; exchange or bridge hot wallets can appear as a shared funder."],"methodology":"https://apeirontrade.github.io/provenance-site/methodology.html","paid_detail":{"/commission/washcheck":"https://blocksigner.org/commission/washcheck","/commission/washclusters":"https://blocksigner.org/commission/washclusters","/commission/washreport":"https://blocksigner.org/commission/washreport"},"publisher":"Apeiron Capital Inc.","scope":"60 of 104 merchants on the GoPlausible x402-global-challenge leaderboard, highest claimed volume first","service":"Provenance - Algorand x402 Challenge wash report (free summary)","this_operator":{"grade":"F","payTo":"K5HIZPOUUUBQ5WJ6I3DT6NGIQUMALYJYSVVBY7CXA3BYBWY6225DNNBDSA","score":97,"statement":"We grade our own entry with the same code. Almost all of our settlements to date are our own end-to-end tests from wallets we control, which we declare here; the model is expected to flag that, and this entry doubles as a known-answer check on the scoring."}}