Decentralized Derivatives Exchange Synfutures have introduced Synthia, an AI trading agent that allows traders to exchange or transfer assets using natural language commands.
Synfutures is the largest DEX on Coinbase’s Layer-2 network base with 24 hour volume, hitting $ 220 million and liquidity for $ 768 million.
The AI Agent is rolled out in three stages, the first of which will include integration on social media platform x and the ability to respond to basic commands such as “swap 100 USDC for ETH.” The second phase allows traders and developers to implement AI agents for specific needs, including futures trading and liquidity management.
The third and final phase is the introduction of a “meta agent” capable of creating and managing more agents to control complex workflows and trading strategies.
The use of AI for trading is nothing new, a report last year estimates that about 65% of all shares are traded by algorithms. But the ability to implement AI has the potential how dealers interact with blockchain trading and decentralized funding (DEFI).
“Our vision extends beyond this launch-we plan to develop a framework that will basically transform how users interact and integrate with the onchain economy,” said Rachel Lin, co-founder and CEO of Synfutures.
