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BagTrace

Independent readerNot Bags

Read-only payout trace

See where a Bags token's fees were claimed, listed, and paid in cash.

Paste a Solana mint. BagTrace reads the public Bags payout record: the saved handle, whether fees currently route to the payout wallet, claimed SOL, open cash orders, and verified fiat. Nothing here signs a wallet or changes a fee.

How Bags describes the path

  1. 01

    A handle is saved

    The creator names an X Money, Cash App, or Venmo account. That saved handle is the intended cash recipient. It is not itself a payment.

  2. 02

    Routing is read on-chain

    Cash payouts are meant to use the Bags payout wallet as the only fee claimer. Bags reports that live read as paysPayoutBot. On new SOL configs the deployer still keeps a separate 25% of the claimers pool in SOL, so a 100% payout-wallet share is not all creator fees.

  3. 03

    SOL is claimed

    The payout wallet claims fees once they reach about 0.25 SOL. Claimed lamports are SOL in the payout path. They are not cash delivered.

  4. 04

    A cash order waits

    Claimed SOL is converted to USDC. Bags documents that conversion at about 0.5–0.7% plus a few cents, taken from the payout. Once a batch is worth at least 5 USDC it is listed on Peer. Orders are discounted, by default 10% from listing and 20% after 24 hours. The current discount is order.discountBps.

  5. 05

    Verified fiat is a released fill

    A Peer buyer pays the handle and the fill is released. fiatPaidCents is the verified cash Bags reports for that fill. An open order, a signaled payment, or a claimed SOL balance is not that figure.

BagTrace is an independent third-party reader. It is not Bags, and it does not launch tokens, sign wallets, change fees, or move money. Verified fiat means Bags reported a released Peer payment. It is not a balance observed in a bank, Cash App, Venmo, or X Money account.

Bags payout guideToken endpointHistory endpointLabeled example