News center > News > Headlines > Context
Bankless: What is DeFAI? What can they do?
Editor
2025-02-06 09:03 8,388

Bankless: What is DeFAI? What can they do?

Author: Kazu Umemoto, Bankless; Translated by: Baishui, Golden Finance

DeFi is one of the core pillars of cryptocurrencies. Artificial intelligence agents have begun to capture exciting emerging opportunities.

Now, the project under construction will allow users to enter action-oriented prompts, and then the AI ​​agent will execute transactions or exchanges in the background, creating a whole new field of cryptocurrencies called DeFAI (DeFi) + AI).

Active on the chain

Artificial intelligence agents initially appeared in the cryptosphere as simple Twitter accounts, able to interact with humans and have conversations. It later evolved into them posting useful information based on on-chain data and people’s tweets.

Thereafter, users began to challenge the limits of these AI agents and hoped to test what other useful tasks these agents could accomplish. We have now seen AI agents manage money, produce music and create art. The team has now begun building applications that leverage these AI agents to assist nearly all crypto-related transactions, and due to their convenience and ability to manage funds, they may begin to become alternatives to traditional hot wallets.

Simplify the experience

Even basic tasks like lending ETH can be tricky when new users want to interact with DeFi applications.

Simply browsing these projects and making sure your funds flow to the intended place can be confusing. At the same time, it can be very annoying to have to switch back and forth between networks, trying to focus on the highest return opportunity for a single token.

With a DeFAI project like Orbit, you can do it all with just one simple tip! Users simply ask the agent "Can you deposit some ETH into Aave for the highest gain on any network?" and the agent will be able to bridge your ETH to the correct network to deposit your funds when needed, without You search for it. Orbit offers a variety of protocol-specific proxying, with which new users can interact and browse all the content provided by these different proxyings. They can also enter prompts directly into the Orbit proxy, such as "Where can I deposit my USDC for profit?", and Orbit will return a list of protocols that users can deposit their USDC into.

These DeFAI projects can not only assist in the completion of on-chain operations, but also help complete the heavy work in research. For many veteran users, browsing documents, white papers, and GitHub repositories is a necessary task before reaching any project.

The DeFAI team (such as Clustr Labs) are creating AI agents to browse project documents and output the most relevant and important information, saving users hours of researchtime.

Clean cryptocurrency

Another problem these DeFAI platforms are addressing is reducing the number of frauds that occur in the field.

This may sound like a daunting task, but if you spend some time on CT you will see a large number of accounts trying to impersonate an account with a malicious link. These DeFAI projects will be able to identify and whitelist certain items that their AI agents have access to. This will ensure that users interact with projects that are not malicious and that funds will not be stolen because of signing a wrong transaction.

Top projects?

While DeFAI projects are still in their early stages, they are laying the foundation for the entire DeFi field. No matter how much experience you have, these AI agents can improve the workflow for each user. So don't be surprised when you start seeing DeFi projects build their own AI agents and integrate them on their platform for everyday use.

Keywords: Bitcoin
Share to: