A dedicated SDK development team focused on payment settlement has achieved remarkable results in the crypto ecosystem—they have developed a technical solution adopted by 6 top projects in the AI Agent ecosystem. More notably, this system handles a significant amount of transaction volume: in the context of a monthly total transaction volume of $200 million for convenience providers, they account for 20-30% of the transaction volume.

Interestingly, when observing the token performance, a mismatch in price signals was found. The current market cap is approximately $14.5 million, which is only 0.073 times the monthly transaction volume. Comparing this to common valuation metrics in the payment sector—taking Stripe as a reference, where payment infrastructure projects are typically valued at 40 times their annual transaction volume—the valuation here seems to imply a certain contradiction: either convenience providers are not making money in this model, or the project is severely undervalued.