CompX

Built for the agentic economy on Algorand. Canix402 • Amarok • lending, staking, liquidity.

[CompX @Compxlabs]

Congrats to the other winners! We are so leased that Canix402 came in 13th - looking forward to the next judging!

[Algorand Foundation @AlgoFoundation]

🏆 Meet the Top 20 on the Global x402 Challenge leaderboard!

500,000 ALGO in prizes across the top 20 projects by volume.

Rankings exclude identified synthetic volume. USDC prizes follow a separate judging process.

Congratulations to all 20 teams! 👏

[CompX @Compxlabs]

@ALGO_BRO @QUANTOREADY @CoopCoinHQ @Coop_Daniels @Real_monko @alphaarcade @haydotapp @AkitaInuASA $COMPX mentioned!

Oh....wait 🥲

Nevermind...😆

[CompX @Compxlabs]

Incredible work here!

[Zook @Bazooka_Labs]

There is a new DeFi protocol in town on #algorand, let me take a moment to get you acquainted.

Meet new brand new https://t.co/Qv2lAz7cAL
🧵

[CompX @Compxlabs]

Have you voted?

Over 41 Million $COMPX committed to our first governance vote - make sure you vote before 22nd October to be counted and receive your share of $USDC!

[Xxiled.compx @Xxiled1]

Doing this on my account as it allows longer posts, but this is @Compxlabs related.

Unfortunately our legacy token stream contracts were exploited today, 9th October. These contracts, from 2023 are no longer used, as they were replaced with the more modern Waypoint contracts for payments - any payments set up via the current contracts are not affected.

---

A stream is supposed to pay one recipient on a schedule. The contract holds the tokens and releases them over time. An account that was not the sender or the recipient replaced the code on those contracts, then withdrew what was still inside.

44,078,064.233629 COMPX was drained. The first two we found were 2,241,758 COMPX from app 2460984089 and 2,184,066 COMPX from app 2461112995. Each of those also lost about 0.2 ALGO.

The non-cancellable contract runs its withdraw logic on every application call, and a successful withdraw approves that call. Replacing the program is one of those calls, so the attacker’s update was accepted. They put a timestamp in the transaction that made the vesting math owe the recipient nothing, so the contract paid 0 COMPX and still approved the update. The new program then ignored the schedule and sent the remaining balance to the caller.

Cancellable streams do check the call type. 599 streams are cancellable and are not affected.

We have upgraded and fixed 187 non-cancellable streams. A claim still pays the recipient on the original schedule. A further change to the contract can only come from our admin account.

469 streams could not be upgraded because the receiver is not opted into the asset anymore. The contract cannot pay that account, or accept this update, until they opt in again.

We will pay the taken COMPX back directly to affected users over the coming week with the aim to have all affected users' funds repaid by Friday 16th October.

[MyNameGoesHere @7Hu329mhU8]

@Compxlabs on Algorand has a green candle
Maybe the ecosystem is waking up.
Still only 40k mc 👀
$ALGO

[CompX @Compxlabs]

Canix402 v1.8.3 is now available!

A very special version as this latest release integrate @haydotapp Launch!

Who/what will be the first agent to launch a token on Algorand?!

[Neon Forge @neonforgeltd]

A new look!

Check out the new Neon Forge website feature stats and updates from all our live apps and experiments on @Algorand @base and @solana.

https://t.co/0UwSzs4NQG

[CompX @Compxlabs]

Next feature for Canix402 - Agentic token launches via @haydotapp Launch!

[CompX @Compxlabs]

Canix402 quick start is ready for your agents.

1 -> go to Canix402 - https://t.co/EVKPFUpRgY
2 -> copy the prompt
3 -> Paste to your long lived agent of choice (Grok @bot, @openclaw, Hermes bot)
4 -> fund it and enjoy Canix402.

Takes less than 5 minutes.

[CompX @Compxlabs]

Next piece of Canix402 work - Accessibility.

We need, for the sake of all x402 endpoints, make it easier for users to equip their agent of choice with a wallet and map access.

Everyone has agents, not many have agents that are economically active!

[Xxiled.compx @Xxiled1]

@AlgoBatman_ We already did! https://t.co/K5exgW1hz5

[CompX @Compxlabs]

CompX governance epoch 1 is live!

You have until 8th October, 1am UTC to stake your COMPX tokens to get counted in the first vote and payout.

You have to vote and keep staked through the whole 28 day period to claim $USDC and have your vote counted!

[Xxiled.compx @Xxiled1]

As you know I love some x402 agentic payments. @LitecoinVM doesn't have a facilitator for LiteForge testnet so....

I made one! And made a little demo to try it out.

Thanks for the tip @SirAlbert2A

It's called Relay-14, and it's a part of the @Compxlabs

As always, you can just do things!

[CompX @Compxlabs]

In other great news, our buddy @Mallow_SoftDefi is available through Canix402

Agents can now use perps on your behalf!

[CompX @Compxlabs]

Find all the information and the pool interface on https://t.co/FRu4zbkLt6

--- End of thread---

[CompX @Compxlabs]

New Update!

The $COMPX Governance pool is now live!

Stake $COMPX, vote on x402 fee distribution, earn $USDC.

Epochs last 28 days and start 1st October. Full details below including links.

[CompX @Compxlabs]

Epoch Schedule and rules

[CompX @Compxlabs]

Release notes: https://t.co/Sq4xy3s2qv

[CompX @Compxlabs]

Canix 1.8.1 is now out!

Agents (and humans) can now use Canix402 to find opportunities on @aave and @aero on @base

Check out the latest release notes after the jump!