, which will also include the lending protocol Canis and the insurance protocol Hecate.
The trading platform features an intuitive dashboard and powerful AI tools, including the Athena portfolio management service, which can handle over 35 cryptocurrency pairs. It can analyze and predict their prices in real time and automatically open long and short positions. Athena also uses AI’s learning capabilities to take futures trading positions and return profits to the ecosystem, increasing its speculative value.
NFA Labs is demonstrating the power of AI and how this technology can make DeFi more attractive to investors of all types by reducing reliance on centralized entities that are subject to a variety of other risks. The combination of DeFi and AI has the potential to transform the financial world, democratizing access to financial instruments and opportunities previously available only to a limited number of traders.Cointelegraph does not endorse any content or product on this page.
One example of an AI-powered DeFi trading platform is Athena GPT, a product of NFA Labs (NFAi). Athena is part of a wider DeFi ecosystem known as Not Financial Advice (NFA), which will also include the lending protocol Canis and the insurance protocol Hecate.
At the forefront of these efforts is a growing desire to integrate artificial intelligence (AI) into financial ecosystems, which represents the next step for crypto.