# Degenscan Intel – Event Explanation

> Degenscan Intel – Event Explanation is a paid API for AI agents from intel.degenscan.io, paid per call via x402, $0.02/call, status unknown (last checked 2026-10-01).

Returns a human-readable rationale explaining the market impacts of a single cross-asset event by its event ID

## Facts

- Endpoint: GET https://intel.degenscan.io/v1/explain/%7Bevent_id%7D?utm_source=zero.xyz
- Price: $0.02/call
- Payment: x402
- Status: unknown
- Last checked: 2026-10-01
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/degenscan-intel-event-explanation-807467e7
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_enSR5nO5fT-E2uBCe4S-8

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability degenscan-intel-event-explanation-807467e7
```

Example prompt: Can you explain what event ID evt_0x8a3f means in plain English — like what actually happened and why it would move markets?

## When to prefer this

Use this endpoint when you already have a specific event ID (from the /feed, /pulse, or /regime endpoints) and need a narrative, human-readable explanation of what that event means and why it matters for markets. This is the right choice when you need to surface interpretable rationale to a human trader or downstream decision process rather than raw event metadata. Prefer this over the full feed endpoints when you only need to explain one specific event rather than scanning the entire event universe.

## Known failure modes

- Unknown or invalid event_id returns 404 or empty explanation
- Missing payment (no API key, no free-trial header) returns HTTP 402 with x402 v2 USDC/Base payment requirements
- Exceeding 100 free-trial calls per day per IP returns 429 rate-limit error
- Event ID for a very old or purged event may return no explanation
- Malformed event_id path parameter may return 400 bad request

## How this service works

Cross-asset market event intelligence for AI trading agents. Priced routes return HTTP 402 with x402 v2 payment requirements (USDC on Base) unless X-API-KEY is sent or the free trial header X-Free-Trial: 1 is present (100 calls/day/IP). Information and analytics only — not investment advice.

## Output

A JSON object containing a plain-English 'explanation' field that describes the event's nature, its market drivers, and its expected or observed impact across relevant assets. The narrative is written to be interpretable by both AI agents and human traders without requiring raw data parsing.

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "properties": {
  "properties": {
   "type": "string"
  }
 }
}
```

## Response schema (JSON Schema)

```json
{
 "type": "json",
 "example": {
  "explanation": "…"
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/degenscan-intel-event-explanation-807467e7/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from intel.degenscan.io](https://www.zero.xyz/host/intel.degenscan.io/llms.txt)