Outside Source
As AI agents reshape DeFi, the rise of DeFAI brings immense potential — and significant risks. Scaling securely requires addressing challenges like hallucinations and systemic failures.
Opinion
Opinion by: Karan Sirdesai, co-founder and CEO of Mira Network
On all smart contract blockchains, when a transaction is issued in decentralized finance (DeFi) and goes to its mempool, it is said to enter the “dark forest,” as anyone can see it and take advantage of it. It is common for the most prepared and best-informed users, with the best technology, to take advantage of this.
For the industry, the incentive to take advantage of a transaction is what’s known as miner extractable value (MEV). MEV bots were created to exploit this, operating with simple, pre-set rules with little flexibility. These rule-based bots have millions of dollars from Ethereum transactions so far, and in the new era of AI and AI agents, we expect this number to grow exponentially — with all the good and bad that this entails.
Given this, we can estimate that more than 50% of onchain volume will be driven by different AI agents by the end of 2025, which will possess greater functionality than today’s bots. We can see how launchpads for decentralized finance AI (DeFAI) platforms such as HeyAnon and Griffain have significantly surged in usage and token prices.
The roles of AI agents in DeFi
We are just at the beginning of AI agents, where industry stakeholders evaluate the potential of these new tools. As an industry, we are in a research and development stage where we can observe at least three precise functions or roles in DeFi.
Just as ChatGPT revolutionized the AI industry by bringing it closer to mainstream users, AI agents could reduce the learning curve to bring DeFi closer to the masses. It is clear that the first to take advantage of the benefits AI agents will bring to DeFi will be industry professionals, as they are the first to look for any tool to gain advantages in the dark forest.
We will see MEV agents and agent market makers soon. In the more distant future, all of us who are bullish on AI expect AI agents to evolve to a level where they possess independent goals and decision-making abilities without human intervention.
This article first appeared at Cointelegraph.com News
