TLDR: Valory is introducing decentralized AI agents built on the Olas protocol, aiming to provide DeFi investors with greater transparency, control, and sovereignty over their AI-driven financial strategies. These agents combine machine learning with smart contracts and crypto wallets, offering an alternative to traditional black-box AI tools.
Valory, a Zurich-based company operating on the Olas protocol, is poised to transform the Decentralized Finance (DeFi) landscape with its innovative decentralized AI agents. These agents are designed to empower investors, particularly high-net-worth individuals and institutions, by offering unprecedented transparency and control over their AI-driven financial operations. Unlike conventional AI tools, which often involve platform risks, hidden logic, and limited user control, Valory’s open-source agents integrate machine learning models with smart contracts and crypto wallets. This allows users to execute AI-driven strategies across various sectors, including DeFi, prediction markets, and marketing, without relying on centralized infrastructure.
David Diez, CEO of Valory, emphasized the company’s core philosophy, stating, “We launched Olas so that people could truly own their AI. That means owning the models, the logic, and the economics.” This approach addresses a critical need for firms seeking greater sovereignty over their data and operational margins, especially for core business functions like portfolio optimization and campaign automation.
Valory’s agents, licensed under Apache 2.0, are highly customizable and reusable for diverse applications. The platform currently supports integration with over 50 DeFi protocols, including prominent ones like Aave and Uniswap. As of Q4 2024, Valory reported a significant milestone, reaching $400 million in locked value.
Security is a paramount concern for institutional adoption in the DeFi space. Valory has addressed this by incorporating built-in guardrails and operating with the support of Safe, a widely used multi-signature wallet provider. These security measures restrict agents to predefined actions, such as setting caps on transactions, thereby mitigating risks.
This development aligns with a broader trend in the financial sector, where AI agents are increasingly becoming integral to managing portfolios, automating workflows, and navigating digital markets. The fusion of AI and DeFi, often termed “DeFAI,” is projected to grow into a substantial market, with some experts anticipating it could reach $20 billion. Projects like Virtuals Protocol and SingularityNET are already demonstrating the potential of this convergence, with AI agents optimizing yields, predicting liquidity shifts, and even automating smart contract auditing.
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Valory’s commitment to advancing decentralized AI is further evidenced by recent strategic moves, including the appointment of Gemma Welsh as the new COO. The company also unveiled ‘Propel Genie’ at EthCC, an AI agent designed to generate autonomous AI agents, promising a tenfold acceleration in AI agent development. These advancements underscore Valory’s role as a pioneer in architecting autonomy within the decentralized ecosystem, aiming to make AI agents more accessible and user-friendly through initiatives like an “agent app store.”
