DeFAI: Can the deep integration of AI and DeFi lead the new wave of AI Agents?

1. The Core Concepts of DeFAI

1.1 Definition of DeFi AI

DeFAI is the combination of AI and DeFi. Although AI-related concepts have gone through multiple rounds of hype, from AI computing power to AI Memes, from different technology architectures to various infrastructures, DeFAI as an emerging concept is rising. Currently, DeFAI is mainly divided into three categories: AI abstraction, autonomous DeFi agents, and market analysis and prediction.

1.2 The operating mechanism of DeFAI

The core of the DeFAI system is the AI Agent based on the large language model (LLM), which operates on multiple levels, from data collection to decision execution. Most models follow the workflow below:

1. Data Collection: Obtain real-time information from on-chain, off-chain, and decentralized data sources.

2. Model Inference: Utilizing techniques such as supervised learning, unsupervised learning, reinforcement learning, and natural language processing for complex inference and prediction.

3. Decision Making: Based on the collected data and inference results, use optimization engines and multi-agent systems to collaborate in formulating the best strategy.

4. Custody and Operation: Custody AI models through centralized or decentralized methods, and interact with on-chain protocols.

5. Interoperability: Seamless interaction with multiple Decentralized Finance protocols through API integration and decentralized messaging.

6. Wallet Management: Use MPC wallet or TEE technology to ensure secure key management and transaction execution.

1.3 The vision of DeFAI

The goal of DeFAI is to enable users to autonomously manage their portfolios through AI agents and various AI platforms, allowing everyone to easily participate in cryptocurrency market trading. This vision resonates with the concept of "intention" driven trading, where users only need to focus on the trading outcomes without worrying about the specific execution process.

The ultimate form of large-scale application of blockchain in the future may be: AI Agent + Solver + Intent-Centric + DeFAI.

2. Overview of DeFAI Related Projects

Multiple DeFi projects have emerged in the current market, including but not limited to:

1. Griffain: An innovative platform combining AI Agent and blockchain, supporting functions such as token swapping and liquidity provision.

2. Hey Anon: AI-driven Decentralized Finance protocol that simplifies user interactions and executes complex operations.

3. Orbit: Lower the participation threshold for Decentralized Finance, supporting multiple blockchains and protocols.

4. Neur: An open-source full-stack application designed specifically for the Solana ecosystem.

5. Modenetwork: An AI x DeFi innovation platform on Ethereum Layer 2.

6. The Hive: A Solana project that integrates multiple AI models to achieve complex Decentralized Finance operations.

7. Bankr: An AI-driven cryptocurrency management tool that simplifies trading and wallet management.

8. HotKeySwap: Provides an AI-driven DEX aggregator and cross-chain trading tools.

9. Gekko AI: An automated trading solution focused on predicting the market.

10. ASYM: AI-driven DEX aggregator and analytics tool that identifies high return opportunities.

11. Wayfinder Foundation: An all-chain interactive tool that helps Agents navigate in the on-chain environment.

12. Slate: A universal AI agent connecting the infrastructure layer, simplifying on-chain operations.

13. Cod3x: A no-code development tool in the Solana ecosystem for building automated Decentralized Finance strategies.

14. Almanak: An AI Agent with self-learning capabilities, optimizing Decentralized Finance and gaming projects.

15. HIERO: A multi-chain smart tool that supports natural language commands to complete transactions.

3. Development Direction of AI Agents

The development of AI Agents faces two main directions: gaming (GameFAI) and Decentralized Finance (DeFAI).

3.1 Game Direction

M3 ( Metaverse Makers ) is a representative project in the gaming direction. However, even in the resource-rich Web2 market, there has not yet been a truly explosive AI game. The long development cycle of games may limit the rapid development of this direction.

3.2 Decentralized Finance方向

The DeFAI project is showing a rapid growth trend. Currently, projects with a high market capitalization include GRIFFAIN, ANON, OLAS, among others. Among them, GRIFFAIN and ANON together account for 37.29% of the total market capitalization of DeFAI.

GRIFFAIN is built on Solana, providing functionalities such as wallet generation and fast trading. Hey Anon supports multiple public chains and is led by renowned founder Daniele, gaining significant market attention.

4. Outlook

The emergence of DeFAI aligns with the strong financial attributes of blockchain. In the future, GameFAI may inherit the concept of the metaverse, managing virtual assets and economic systems through AI. DeFAI will need to gradually shift from emotion-driven to actual value-oriented approaches, and the continuous development of AI Agents may require support from revenue models similar to DeFi. The final outcome of market competition is worth looking forward to.