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Danom

19 transactions on Monad testnet · 50 on a local fork

The recorded run

What ran on Monad testnet comes first, each transaction linked to the explorer. The longer run on a local fork follows, with its receipts checked in your browser.

Chain 10143 · 2026-10-13

Live on Monad testnet

On chain

One full credit cycle, broadcast to the deployed vault and the canonical x402 contract. Every row opens on the explorer. Scripted agent, test token, no facilitator. Every transaction below was sent by tools/live-run.ts. One funded wallet played lender, sponsor, customer and keeper, and the agent and vendor were throwaway keys.

Agent's own funds
0.00
it signed vouchers and held nothing
Customer paid
100.00
40.00 repaid the loan first
Agent received
60.00
the remainder, after the loan
Refusals matched
4/4
simulated against the live vault
  1. 01funder sends the agent gasblock 707879250x0a9894f3…f3b904
  2. 02funder sends the vendor gasblock 707879270xc6664f50…1bbd3d
  3. 03mint test stablecoin to the funderblock 707879300xa80d6195…bde37a
  4. 04funder approves the vaultblock 707879330xbb65fb6b…57c2f3
  5. 05lender supplies 1000 to the vaultblock 707879360x23a7eb3a…977af5
  6. 06sponsor opens a line for the agent: 400 collateral, 100 base, 40 per channel, 10% APR, 30 days, 50% revenue shareblock 707879380xbdbb2e06…4467b8
  7. 07sponsor allowlists the vendorblock 707879410x23e2a4b4…d2a326
  8. 08sponsor allowlists the customer as a revenue payerblock 707879430x35a9abb4…3ef97a
  9. 09agent asks the vault to fund a 40.00 channel for the vendor (quote 25)block 707879470xf6868ade…016b6e
  10. 10vendor claims the agent's signed voucher for 25.00block 707879510x6ced01d5…54868c
  11. 11anyone settles the claimed funds to the vendorblock 707879540xd3c1ddbf…795718
  12. 12vendor refunds the 15 it did not use, straight to the vaultblock 707879570x07664293…3e8259
  13. 13anyone reconciles: debt drops by 15block 707879600x54a884ac…121733
  14. 14sponsor repays the 25 owedblock 707879630xacaa440c…dc61ec
  15. 15agent asks the vault to fund a 40.00 channel for the vendor (quote 40)block 707879660xff2ac73a…41f3fd
  16. 16vendor claims the agent's signed voucher for 40.00block 707879690x180c904d…1e9943
  17. 17anyone settles the claimed funds to the vendorblock 707879710x5e7f99ea…082a26
  18. 18a customer pays the agent 100 through the vault: the loan is repaid firstblock 707879750xeefa6329…1c0657
  19. 19sponsor revokes the lineblock 707879820x175ab0a3…723caf

The longer recorded run, on a local fork

The fork run's contracts

CreditVault run against the real x402BatchSettlement contract on a local Anvil fork of Monad testnet. State changes stay in the fork; nothing was broadcast to Monad. The token is MockAUSD. No facilitator was involved.

Mode ANVIL_FORK_MONAD_TESTNET. Generated 2026-09-30T04:41:20.372Z. Re-run it with pnpm proof:local.

MockAUSD
0x7fe8f693e40de8380a846a94b92b33d59bbb30c7 (local fork only)
CreditVault
0x3e982dec52fc7b579cda9b3a06af0fc17309f7f6 (local fork only)
x402BatchSettlement
0x4020074e9dF2ce1deE5A9C1b5c3f541D02a10003 (canonical, has code on Monad testnet 10143 and mainnet 143)

Run 01

Vault funds an x402 channel; agent signs vouchers; vendor claims; vendor refunds; reconcile books it

agent tokens change
0.00
escrowed
40.00
debt after fund
40.00
vendor received
25.00
unbooked refund
15.00
share value before reconcile
5000.00
share value after reconcile
5000.00
debt after reconcile
25.00

Run 02

Repayments raise the agent's tier; collateral supports more credit

tier before
0
tier after
1
ltv bps before
7500
ltv bps after
10000
repaid principal
145.00
credit limit before
100.00
credit limit after
245.00

Run 03

A customer pays the agent through the vault; the loan is repaid first

debt before
40.00
customer paid
100.00
agent received
60.00
debt after
0.00

Run 04

The record follows the agent to a new sponsor

sponsor2 credit limit
100.00

Run 05

An overdue line is liquidated; the default pins the agent to tier 0

debt at liquidation
40.33
returned to sponsor
59.66
defaults
1
tier after
0
ltv bps after
7500

Attempts that were refused

AttemptExpectedChain said
agent tries to fund a channel paying itselfReceiverNotAllowedReceiverNotAllowed
agent tries to fund a wallet the sponsor never approvedReceiverNotAllowedReceiverNotAllowed
agent funds 41 (cap is 40)OverPerBorrowCapOverPerBorrowCap
a wallet that is not the agent funds on the agent's lineLineInactiveLineInactive
agent funds past its credit ceilingOverCreditLimitOverCreditLimit
vendor claims a voucher signed by someone other than the agentInvalidSignatureInvalidSignature
agent funds after revokeLineInactiveLineInactive
a fresh agent asks for the same terms (base 90 on 100 collateral)BadTermsBadTerms

Receipts, checked in your browser

Each digest is recomputed from the receipt's own fields. It proves a receipt was not edited after the fact. It is not a signature.

ReceiptAmountTransactionDigestCheck
supplied5000.000xd49274…9052b30xfdce76…34d95dMatches
lineopened400.000xadcbb0…3e101f0xe8146b…1e3abdMatches
channelfunded40.000x05e3a7…0b729f0x9f113e…63d3bbMatches
channelreconciled15.000x6e317d…8f8f090xf07d6d…65958aMatches
repaid25.000xb16519…e309020xb0350a…4e24aeMatches
channelfunded40.000x1361c8…5107ac0x621b6c…2a9f1fMatches
repaid40.000x4aeef6…ade77a0x1ba962…3f0af1Matches
channelfunded40.000x90f497…7005540x61807e…9d7ff4Matches
repaid40.000x706ad2…e778ac0x489ef3…992f23Matches
channelfunded40.000x1b2649…5b4dfc0x53b3a9…c817b2Matches
repaid40.000xa08746…802e370xa4f801…f04f67Matches
channelfunded40.000x08d04d…5f37010xa96463…69731dMatches
revenuerouted100.000xc4b172…51fe070x3c0310…c54607Matches
repaid40.000xc4b172…51fe070x71a723…aa445eMatches
channelfunded40.000x41093b…76a61e0x8c653a…a4f3a2Matches
channelfunded40.000xe0574c…df81350x290150…2060a0Matches
channelfunded40.000x072db3…36075f0xc96670…b8e6d1Matches
channelfunded40.000x96d8c4…45eb220x043461…05320aMatches
channelfunded40.000xc4ee81…0058d60xa55a02…dff5d8Matches
channelfunded40.000x4ae52d…862a490x3ff113…860dd5Matches
channelfunded40.000x5c1a88…67fa990x927ba5…4c1435Matches
channelfunded5.000xeccf28…842cf80x3e7b71…d3c53eMatches
lineopened100.000x4b7481…e553730xa2af0e…86e951Matches
channelfunded40.000xb6ecab…0329b00x22f675…f10fb5Matches
liquidated40.330xb54401…46849c0x5e69e6…cc36ebMatches

Transactions (50)

  1. 01deploy MockAUSD (stand in for the real stablecoin)block 66878622
  2. 02deploy CreditVaultblock 66878623
  3. 03mint 10000 to lenderblock 66878624
  4. 04mint 2000 to sponsorblock 66878625
  5. 05mint 500 to sponsor2block 66878626
  6. 06mint 5000 to customerblock 66878627
  7. 07lender approves the vaultblock 66878628
  8. 08sponsor approves the vaultblock 66878629
  9. 09sponsor2 approves the vaultblock 66878630
  10. 10customer approves the vaultblock 66878631
  11. 11agent approves the vaultblock 66878632
  12. 12lender supplies 5000block 66878633
  13. 13sponsor opens line: 400 collateral, 100 base, 40 per channel, 10% APR, 30 days, 50% revenue shareblock 66878634
  14. 14sponsor allowlists the vendor and its claim authorizerblock 66878635
  15. 15sponsor allowlists the customer as a revenue payerblock 66878636
  16. 16agent funds a 40 channel for the vendor (vault pays, agent holds nothing)block 66878637
  17. 17vendor claims a voucher for 12.30block 66878638
  18. 18anyone settles claimed funds to the vendorblock 66878639
  19. 19vendor claims a later voucher for 25block 66878640
  20. 20anyone settles claimed funds to the vendorblock 66878641
  21. 21vendor refunds the 15 it did not use (goes straight to the vault)block 66878642
  22. 22anyone reconciles the refund: debt drops by 15block 66878643
  23. 23sponsor repays the outstanding 25block 66878644
  24. 24agent funds a 40 channel (round 1)block 66878645
  25. 25vendor claims 40 (round 1)block 66878646
  26. 26anyone settles claimed funds to the vendorblock 66878647
  27. 27sponsor repays 40 (round 1)block 66878648
  28. 28agent funds a 40 channel (round 2)block 66878649
  29. 29vendor claims 40 (round 2)block 66878650
  30. 30anyone settles claimed funds to the vendorblock 66878651
  31. 31sponsor repays 40 (round 2)block 66878652
  32. 32agent funds a 40 channel (round 3)block 66878653
  33. 33vendor claims 40 (round 3)block 66878654
  34. 34anyone settles claimed funds to the vendorblock 66878655
  35. 35sponsor repays 40 (round 3)block 66878656
  36. 36agent funds a 40 channel to have debtblock 66878657
  37. 37customer pays the agent 100 through the vaultblock 66878658
  38. 38agent funds toward its credit ceiling (1)block 66878659
  39. 39agent funds toward its credit ceiling (2)block 66878660
  40. 40agent funds toward its credit ceiling (3)block 66878661
  41. 41agent funds toward its credit ceiling (4)block 66878662
  42. 42agent funds toward its credit ceiling (5)block 66878663
  43. 43agent funds toward its credit ceiling (6)block 66878664
  44. 44agent funds toward its credit ceiling (7)block 66878665
  45. 45agent funds toward its credit ceiling (8)block 66878666
  46. 46sponsor revokes the lineblock 66878667
  47. 47sponsor2 allowlists the vendor for the proven agentblock 66878668
  48. 48sponsor2 opens the same terms for the proven agent (allowed by its tier)block 66878669
  49. 49agent funds 40 on sponsor2's lineblock 66878670
  50. 50keeper liquidates the overdue lineblock 66878672