Dexter has overtaken Coinbase as the largest daily x402 facilitator, processing 19.8 million transactions and about half of all x402 payments since December 11.
Summary
- Dexter has surpassed Coinbase as the largest daily facilitator of x402 transactions since December 11
- The AI-focused protocol has processed a total of 19.8 million x402 transactions, trailing Base by about 14 million.
- Data from Hashed Official and Dune Analytics confirms that Dexter now handles approximately 50% of daily x402 volume.
Dexter has overtaken Coinbase to become the largest daily facilitator for x402 transactions since December 11, according to data published by Hashed Official.
The AI protocol has enabled a total of more than 19.8 million transactions, surpassing the Base network’s 14 million transactions, the South Korean venture capital fund said.
Hashed Official cited data from Dune Analytics showing transaction volumes. The analytics platform tracks blockchain transaction activity across multiple networks and protocols.
Dexter’s rise to the top spot marks a shift in the landscape of x402 transaction facilitation, a sector previously dominated by established cryptocurrency exchanges such as Coinbase.
The data reflects transaction volumes processed through December 11, according to published figures. No additional details were provided on the specific factors that contributed to Dexter’s increased transaction volume.
