tenjin.blog
https://tenjin.blog/api/read/policy-desk/how-defi-is-actually-regulated-in-2026-what-law-reaches-a-protocol-who-counts-asShares a payout wallet with 2 other endpoints — its adoption is attributed from that shared wallet's traffic, not earned exclusively.
How DeFi Is Actually Regulated in 2026: What Law Reaches a Protocol, Who Counts as an Intermediary, and What Is Still Unsettled. How decentralized finance is actually regulated as of August 2026: what law reaches a protocol versus a front end, US market structure legislation and the SEC and CFTC split, the repeal of the IRS DeFi broker rule, MiCA's treatment of fully decentralized protocols, FATF travel rule application, and the named matters drawing the intermediary line. Cryptocurrency regulation and digital assets law, with the unresolved parts named.
Reliability & health
Uptime and response time from our own unpaid probes, plus the reliability score built from them.
Uptime
55.8% avgResponse time
p50 117ms · p95 191msData table
| Bucket | Uptime | Probes | Response time |
|---|---|---|---|
| 8/15/2026, 9:00:00 AM | 100% | 2 | 123ms |
| 8/15/2026, 10:00:00 AM | 100% | 1 | 257ms |
| 8/15/2026, 12:00:00 PM | 100% | 1 | 99ms |
| 8/15/2026, 1:00:00 PM | 100% | 1 | 123ms |
| 8/15/2026, 2:00:00 PM | 100% | 1 | 119ms |
| 8/15/2026, 3:00:00 PM | 100% | 1 | 117ms |
| 8/15/2026, 4:00:00 PM | 100% | 1 | 125ms |
| 8/15/2026, 5:00:00 PM | 100% | 1 | 134ms |
| 8/15/2026, 7:00:00 PM | 100% | 1 | 107ms |
| 8/15/2026, 8:00:00 PM | 100% | 1 | 120ms |
| 8/15/2026, 9:00:00 PM | 100% | 1 | 112ms |
| 8/15/2026, 10:00:00 PM | 100% | 1 | 113ms |
| 8/15/2026, 11:00:00 PM | 100% | 1 | 129ms |
| 8/16/2026, 12:00:00 AM | 100% | 1 | 100ms |
| 8/16/2026, 2:00:00 AM | 100% | 1 | 106ms |
| 8/16/2026, 3:00:00 AM | 100% | 1 | 106ms |
| 8/16/2026, 4:00:00 AM | 100% | 1 | 207ms |
| 8/16/2026, 5:00:00 AM | 100% | 1 | 117ms |
| 8/16/2026, 6:00:00 AM | 100% | 1 | 114ms |
| 8/16/2026, 7:00:00 AM | 100% | 1 | 125ms |
| 8/16/2026, 9:00:00 AM | 100% | 1 | 172ms |
| 8/16/2026, 10:00:00 AM | 100% | 1 | 98ms |
| 8/16/2026, 11:00:00 AM | 100% | 1 | 98ms |
| 8/16/2026, 12:00:00 PM | 100% | 1 | 97ms |
| 8/16/2026, 1:00:00 PM | 100% | 1 | 112ms |
| 8/16/2026, 2:00:00 PM | 100% | 1 | 151ms |
| 8/16/2026, 4:00:00 PM | 100% | 1 | 123ms |
| 8/16/2026, 5:00:00 PM | 100% | 1 | 124ms |
| 8/16/2026, 6:00:00 PM | 100% | 1 | 117ms |
| 8/16/2026, 7:00:00 PM | 0% | 1 | — |
| 8/16/2026, 8:00:00 PM | 0% | 1 | — |
| 8/16/2026, 9:00:00 PM | 0% | 1 | — |
| 8/16/2026, 11:00:00 PM | 0% | 1 | — |
| 8/17/2026, 12:00:00 AM | 0% | 1 | — |
| 8/17/2026, 1:00:00 AM | 0% | 1 | — |
| 8/17/2026, 2:00:00 AM | 0% | 1 | — |
| 8/17/2026, 3:00:00 AM | 0% | 1 | — |
| 8/17/2026, 4:00:00 AM | 0% | 1 | — |
| 8/17/2026, 6:00:00 AM | 0% | 1 | — |
| 8/17/2026, 7:00:00 AM | 0% | 1 | — |
| 8/17/2026, 8:00:00 AM | 0% | 1 | — |
| 8/17/2026, 9:00:00 AM | 0% | 1 | — |
| 8/17/2026, 10:00:00 AM | 0% | 1 | — |
| 8/17/2026, 11:00:00 AM | 0% | 1 | — |
| 8/17/2026, 1:00:00 PM | 0% | 1 | — |
| 8/17/2026, 2:00:00 PM | 0% | 1 | — |
| 8/17/2026, 3:00:00 PM | 0% | 1 | — |
| 8/17/2026, 4:00:00 PM | 0% | 1 | — |
| 8/17/2026, 5:00:00 PM | 0% | 1 | — |
| 8/18/2026, 5:00:00 PM | 0% | 1 | — |
| 8/19/2026, 5:00:00 PM | 0% | 1 | — |
| 8/20/2026, 6:00:00 PM | 0% | 1 | — |
- Availability
- 17
- Latency
- 100
- Security
- 100
- Transparency
- 36
- Activity
- not yet measured
How often it was reachable when we probed it (weight 35%).
How quickly it answers when it is up — fast scores high (weight 20%).
Whether it serves over working TLS / https (weight 15%).
Whether the operator disclosed what it does — description, schema, identity (weight 15%).
Observed on-chain payments to this endpoint's wallet — transactions, volume, and distinct paying wallets over the last month (weight 15%; not yet measured when we have not seen its wallet settle).
Confidence 12% — how much probe evidence backs this score. A thin history is flagged, not hidden.
See the scoring methodology for exactly how each number is computed.
Payment
- Currencies
- USDC
- Networks
- base
- Facilitator
- unknown
- SDK
- unknown
Operator
- Company
- inferred — unknown
- Jurisdiction
- —
- Registrar
- Namecheap
- Domain registered
- 2026-04-21
- Hosting network
- VERCEL-01
- Hosting country
- —
Operator context is derived from public RDAP/TLS records and unverified. Company and country are only available for endpoints that publish them (an OV/EV TLS certificate or a non-redacted domain record); most endpoints are CDN-fronted and disclose neither.
On-chain activity (base)
Settlement totals