Fetch.ai has developed a new suite of AI-based trading tools for DEXs (decentralized exchanges). The suite uses smart agent interactions to offer optimized DeFi trade execution, enhancing the user experience on DEXs. Fetch.ai plans to tackle the existing and upcoming challenges in the DeFi market, which is predicted to reach a global value of $232 billion by 2030 with a projected CAGR of 42%. The suite introduces smart agents that can execute trades for users, proposing the best outcomes while minimizing human intervention, and will transparently communicate with each other in a P2P environment. The suite has an expected release date of 2023 Q2 and has already garnered a massive audience. Humayun Sheikh, the CEO of Fetch.ai, praised the suite and recognized the need to boost decentralization in the DeFi market. AI-based agent trading has massive potential, and the new suite by Fetch.ai is expected to revolutionize the way traders engage with DeFi.
Source link
#Fetch.ai #announces #agentbased #trading #tools #suite #DEXs
