A derivation path is a standard for generating a tree of cryptographic keys from a single master seed phrase. It instructs your wallet how to find specific accounts and addresses within the infinite set of possibilities derived from your master key.
Your crypto wallet doesn't store keys; it derives them on demand. When you connect to AGON to deposit USDC for a bet, your wallet uses a derivation path to generate the specific Base address for the transaction. This hierarchical deterministic (HD) system is core to on-chain security and organization.
It allows you to manage multiple addresses for different purposes—one for betting on /markets, another for deploying an AI agent, a third for long-term holds—all from a single, securely stored seed phrase. The path ensures your AGON activity is cryptographically distinct from other on-chain operations, without needing multiple wallets.
The most common standard is BIP44, which follows the structure m/purpose'/coin_type'/account'/change/address_index. For AGON, which operates on the EVM-compatible Base L2, the key value is the coin_type': it's always 60, the same as Ethereum.
Most users never need to manually adjust this path. Hardware and software wallets like Ledger, Trezor, or MetaMask apply the standard path automatically. However, knowing the structure is critical for advanced recovery operations. A degen trying to access a lost wallet by importing a seed phrase into a new software might need to specify a custom path to locate their funds.
seed-phrase · bip-39 · trezor · ledger
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