← Latest news 
Peru’s 5200 holes were a marketplace and accounting tool not a mystery site
International
Published on 24 April 2026

Archaeologists say the pits weren’t for storage
Archaeologists studying Monte Sierpe in Peru have decoded thousands of small pits once assumed to be ritual or unknown storage features. New findings suggest the holes formed a structured marketplace where goods were placed and measured, functioning as an early accounting system—possibly connected to Inca record-keeping—recasting how ancient Andean trade and economy worked.
- Monte Sierpe’s thousands of pits were identified as deliberate market spaces
- The pits likely helped measure and manage goods for trade
- Researchers believe it doubled as an early accounting and record-keeping tool
- The discovery changes views of ancient Andean economic systems
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
