{"id":"approval.unlimited.usd.v2","title":"Dollars behind standing unlimited approvals (each balance once)","unit":"USD","chain_set":"eip155:8453 (Base)","window":"approvals in the last 30 days; allowances and balances read at the time of the run","definition":"The sum, over the wallets in approval.unlimited.wallets.v1, of each wallet's current balance of each token for which it has at least one standing unlimited approval, counted once per wallet and token however many spenders hold such an approval: what those spenders together could move today. v1 summed the balance once per approval, so a wallet that had approved two spenders for the same token was counted twice; on 6 Nov 2026 (00:48 UTC run) v1 read $20,958.52 and v2 $17,936.16 across 916 wallets and 982 approvals (v1 14.4% higher).","method":"As approval.unlimited.usd.v1: ERC-20 Approval events whose owner is a paying agent wallet, on USDC, USDT, DAI, USDbC, EURC, WETH and cbBTC, plus Permit2 Approval and Permit events for the same tokens, read daily with eth_getLogs over the last 30 days; for each (wallet, spender, token) whose latest ERC-20 approval was unlimited (at least half of 2^256), the allowance still standing and the token balance read at run time from Base's public node; WETH and cbBTC at the latest stored ETH and BTC price, EURC at 1.08. Then one balance per (wallet, token). The per-approval sum is kept in /api/approvals as exposure.usd_behind_per_pair.","excludes":["Balances of tokens the wallet did not approve.","The second and later approvals of the same token by the same wallet (their balance is already counted)."],"does_not_assert":["That the money is at risk from a specific spender: most spenders are routers, escrows and lending pools.","That the exposure is spread evenly: on 5 Nov 2026 one wallet held a third of it and ten wallets 83%."],"supersedes":"approval.unlimited.usd.v1","source":"AFG-Pulse approval watch","since":"2026-11-06","revisions":[],"body_sha256":"239b7ee8f0eadbc537ddf06198de96ecbdea5e8174a8907f28d890d52ff39de3","url":"https://agenticfinancegraph.com/def/approval.unlimited.usd.v2","ladder":"https://agenticfinancegraph.com/ai-agent-liveness-methodology-l0-l9-ladder","license":"https://creativecommons.org/licenses/by/4.0/","attribution":"Agentic Finance Graph — https://agenticfinancegraph.com"}