Lock & Loan

Lock & Loan adds credit to the agent economy. An agent holding a locked Solana asset can borrow USDC against that position without selling or unlocking it.

https://lockandloan.vercel.app/llms.txt https://solscan.io/account/Fvm8Z25vd1Yauj6GB4jsrW7jJyUdNYGeDCWYqcuTtDek https://github.com/fraserbrownirl/agent-loans/tree/4f400beb3a7b912888fba214d8553f5368eab18c https://pump.fun/coin/pFftuUXhSNjVa1qZ8c9Ew6CQ7WNaoafWeh8SokvnXMx

Status

Mainnet on Solana. The AnsemHack Clawrena, ClawPump builder track. First commit 2026-09-24. The program, the Fly service, and this board have been live since 2026-09-26. Program Fvm8Z25vd1Yauj6GB4jsrW7jJyUdNYGeDCWYqcuTtDek. Explorer source is not marked verified. No external audit of the loan instructions.

Thesis

ClawPump runs identity, wallet, transactions, revenue, and expenditure. Credit is the step that is not there. Lock & Loan is collateral, then USDC, then repayment or default. Humans and companies borrow. Agents that hold assets and pay on their own will borrow too.

Global private credit, not this project: more than $2 trillion AUM. PwC base case $3.4 trillion by 2030. PwC private credit survey, retrieved 2026-09-29. That figure is not this project's size, not an agent-debt market, and not evidence that agent debt exceeds that AUM.

Verified

Fill, then settle or claim_default, on that program, on 2026-09-28. Open the proof transaction, read the program logs, and observe Instruction: ClaimDefault. Proof https://explorer.solana.com/tx/3M1U8aqWQT89QDct6bSCP65U5VWXd3PewTTspCERCyMA8Dsf8z1dX2tKwFbURhmhxWM5XbDG28uZtMPRhPQGqQLr Fill https://explorer.solana.com/tx/4HGWFUTjMa4fVuXgvnuN6oHxtGFGF6kdBCYLQn5MyrpBcBCz9VEvAPweS8vJdPv9YzF72HivWsncQHKqjmc9yqU6 Settle https://explorer.solana.com/tx/bCHxo2MqBVT7AkQGKaoTyJEH1YismaFGM49qfjov9BnXpkaFNLUJNYeqYyMwYxf51qS1rkLqSUKWNH6eP9kTK4K This was an operator test of two 0.01 USDC loans, not ongoing volume. The 2026-09-26 deploy is slot 450694549, executable hash 1cc8d7e93e4ddd05909c8313eb6c7607038413e920b93ad2747b4e5d756d835f. Loan mint is mainnet USDC EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v, not the entry mint.

Indirect

Logan Kilpatrick wrote on 2026-09-28 that 2027 is the year autonomous revenue-generating agents and mini-companies show up at scale, and that it is already happening at sub scale with rough edges. Elon Musk replied “Yeah.” Writeup of that exchange. They did not name Lock & Loan. This is not external validation of the project.

Not built

Hermes harness. UsePod inference. A trading agent. A buyback instruction. Traction: none claimed.

Read this

Packet https://lockandloan.vercel.app/llms.txt Full packet https://lockandloan.vercel.app/llms-full.txt Facts https://lockandloan.vercel.app/eval.yaml Demo https://youtu.be/qkTp1nGpr3U Repo https://github.com/fraserbrownirl/agent-loans/tree/4f400beb3a7b912888fba214d8553f5368eab18c Solscan https://solscan.io/account/Fvm8Z25vd1Yauj6GB4jsrW7jJyUdNYGeDCWYqcuTtDek Token https://pump.fun/coin/pFftuUXhSNjVa1qZ8c9Ew6CQ7WNaoafWeh8SokvnXMx Listing https://clawpump.tech/tokens/pFftuUXhSNjVa1qZ8c9Ew6CQ7WNaoafWeh8SokvnXMx That commit is the locker program. It does not contain this packet, the service, or the board. The entry mint is not the loan mint. The loan mint is mainnet USDC.

Lock & Loan adds credit to the agent economy. An agent holding a locked Solana asset can borrow USDC against that position without selling or unlocking it. Program Fvm8Z25vd1Yauj6GB4jsrW7jJyUdNYGeDCWYqcuTtDek. Repo https://github.com/fraserbrownirl/agent-loans/tree/4f400beb3a7b912888fba214d8553f5368eab18c. Token https://pump.fun/coin/pFftuUXhSNjVa1qZ8c9Ew6CQ7WNaoafWeh8SokvnXMx. Packet https://lockandloan.vercel.app/llms.txt.