x402 from zero

thirdweb

A web3 developer platform that sells a hosted x402 facilitator for a 0.3% fee.

Checked 11 October

Our view

A serious company whose x402 line was a four-month sprint led by one engineer, Joaquim Verges, who now commits to a separate firm, Agent Labs. One x402 commit landed in the six months to 11 October, and the facilitator handled 210 transactions in the last 30 days (x402scan). The label rates the x402 line; the company itself is a serious builder.

Facts

Role
Facilitator and SDK
How serious
Credible but small
Momentum
Slowing
Trend-hopping
3 of 5
Funding
$24M Series A (24 August 2022, led by Haun Ventures); $5M seed (2021)
On Base
Base is one of several networks it uses
How often we check
Every month

What these ratings mean

In numbers

about $190

in payments settled on Base through it in the 30 days to 14 October.

188

payments in those 30 days, about $1.02 each on average.

21

commits to its public code in the 30 days to 14 October. Its last release, thirdweb@5.122.0, came out on 12 October.

Payments from x402scan, code from thirdweb-dev/js on GitHub. As of 14 October 2026.

People

  • Furqan Rydhan

    Co-founder and CEO

    On X: @FurqanR

  • Joaquim Verges

    Led the x402 line

    On X: @joenrv

  • thirdweb

    Official account

    On X: @thirdweb

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