On-chain activity
Faremeter
An open-source x402 framework providing libraries, tools, and plugins to add payment-enabled flows to applications with minimal changes through wrappers, middleware, or proxies.
Corbits
Corbits
Corbits is a New York-based startup building the infrastructure layer for the agentic economy: an AI operations and governance platform for teams deploying autonomous agents at scale, paired with Faremeter, an open-source framework that lets any HTTP API accept on-chain stablecoin payments from AI agents using the x402 and MPP machine-payment protocols—with deep Solana integration.
The Problem
Two hard problems arrive together when organizations start deploying AI agents seriously. The first is governance: autonomous agents can cause real damage when they act without proper oversight—databases get corrupted, contracts execute incorrectly, funds move unexpectedly. As agents multiply from a handful to hundreds or thousands, ad-hoc controls break down. The second problem is payment infrastructure: AI agents need to pay for APIs, data, and compute autonomously, but conventional payment rails require human-in-the-loop authorization flows that cannot scale to machine-speed operation.
Corbits addresses both problems with distinct but related products.
The AgentOps Platform
Corbits' core platform is an agent operations system that gives organizations centralized control over how their AI agents are deployed, what they can access, and what they do. The platform sits across three layers: an apps layer where agents operate, a control plane that manages configuration and policy, and an agent runtime that executes agent workflows.
Governance is implemented through a credentials-and-grants model. Administrators define permissions separately for credentials, tools, and data—enabling granular, role-based access scoping. Every agent action is logged with cryptographic audit trails and immutable, timestamped records that can be exported for regulatory review. Budget controls operate across workspaces, capping spend before it happens.
For teams, Corbits provides a dashboard called Workbench that supports collaborative agent management across humans and agents simultaneously. Corbits Code is an installable component that connects agents to language models and code repositories. The platform is designed to scale from small deployments to thousands of concurrent agents, routing sensitive decisions to human reviewers while letting routine workflows run autonomously.
Corbits frames this as the necessary counterpart to increasing agent autonomy: as agents gain more capability, the systems around them must keep pace.
Faremeter: x402 Payments for Agents
Faremeter is Corbits' open-source payments framework—the infrastructure that enables autonomous agents to pay for APIs and services on-chain, without human authorization at each transaction. It is published under an LGPL-3.0 license and developed by ABK Labs engineers alongside open-source contributors.
The core mechanism leverages HTTP status code 402 (Payment Required), a rarely-used standard that Faremeter operationalizes for machine-to-machine commerce. When an agent calls an API endpoint protected with Faremeter, the server returns a 402 response with payment terms embedded. The agent's wallet pays on-chain, the payment settles, and the API responds with the requested data—all within a single request cycle.
Faremeter supports two machine payment protocols:
- x402: Coinbase's open protocol for HTTP-native payments, supporting both v1 and v2 of the specification with automatic negotiation.
- MPP (Machine Payments Protocol): Stripe's machine payments standard; Faremeter currently implements the charge intent on Solana, with the broader specification still in development.
Solana Integration
Solana is a first-class target for Faremeter. The @faremeter/payment-solana package provides three payment schemes: flex, exact, and the MPP charge intent. The Corbits API service accepts payments in any token on Solana—alongside Base, Polygon, and Monad—with settlement happening on-chain before the API request completes.
For service providers, Corbits acts as a proxy layer: operators can route an existing API through Corbits with zero code changes to the backend. For agents on the consumer side, Faremeter's pluggable client library handles wallet interactions and payment negotiation automatically. Supported wallets include Solana native wallets, EVM wallets, Ledger hardware wallets, Squads multisig, Crossmint, and OWS.
Additional components in the Faremeter stack include an OpenAPI-driven pricing middleware for specification-driven endpoints, an nginx gateway implementation, and a payment facilitator for outsourced payment verification and settlement.
Hackathon Recognition
Corbits placed second in the Infrastructure Track at the Solana Cypherpunk Hackathon, Colosseum's fourth Solana hackathon and the twelfth organized under the Solana Foundation umbrella. The competition drew more than 9,000 participants and 1,576 final project submissions, making it the largest crypto hackathon to date at the time of the event. Corbits was described in the results as an open-source x402 endpoint dashboard for merchants—the merchant-facing interface for configuring Faremeter-protected API endpoints.
Team and Background
Corbits was founded in 2025 and is headquartered in New York. The team includes Tim Burke, Alexander Kehaya, Joseph Filerman, and Muhammad Huzaifa, with a total headcount of under ten people. The Faremeter framework carries the faremeter GitHub organization and the ABK Labs attribution, reflecting the open-source engineering background of the founding team.
Tokens and Assets
Corbits has not issued a native protocol token. The platform is payment-token-agnostic by design: on Solana, agents can pay with any token the API operator accepts, with USDC and other stablecoins being the practical standard for predictable unit economics. There are no staking, governance, or fee-capture mechanics tied to a Corbits-specific token.
Fit Within Solana's Agentic Economy
Corbits entered the Solana ecosystem at a moment when several major payment infrastructure efforts—Coinbase's x402, Stripe's MPP, and the broader agentic commerce push—are converging on Solana as a settlement layer. Faremeter's multi-protocol stance, supporting both x402 and MPP across both Solana and EVM chains, positions it as blockchain-agnostic infrastructure that nonetheless treats Solana as a primary environment.
The AgentOps platform addresses the governance gap that emerges once organizations move from experimentation to production agent deployments. Together, the two products attempt to solve both sides of the enterprise AI agent adoption problem: accountability over what agents do, and infrastructure for how agents pay for what they need.
Contents
- The Problem
- The AgentOps Platform
- Faremeter: x402 Payments for Agents
- Solana Integration
- Hackathon Recognition
- Team and Background
- Tokens and Assets
- Fit Within Solana's Agentic Economy
Solana Token Markets