market_snapshot
Cheap L2 fees are the economic precondition x402 keeps citing
Coinbase’s x402 launch note argued that cent-level L2 fees revive HTTP micropayments.
The x402 announcement contrasts earlier Bitcoin-channel micropayment experiments with modern L2 fees on Base. The commercial claim is not that fees are zero; it is that they are low enough for API-priced calls. zFinia records this as a market precondition, not as a fee oracle.
Why it matters
If L2 fees spike, x402’s per-call business model degrades before the protocol text changes.
Source: Coinbase Developer Platform