How is DeFAI doing after the hype? Get a glimpse of the current status of the six popular projects
CoinMarketCap released a report earlier this year that sparked a lot of buzz in the industry, proposing the concept of the "Agentic Web", a decentralized network dominated by AI agents, and projects like ai16z and Virtuals are frequently on the hot search. At the same time, a new term quickly entered the public eye: DeFAI, or Decentralized Finance + Artificial Intelligence.
To put it simply, DeFAI is an innovative attempt to integrate AI technology into the DeFi ecosystem. It automates complex financial operations, such as trade execution, risk management, and yield optimization, through AI Agents, which not only improves efficiency, but also lowers the barrier to entry for ordinary users. As the hot discussion on the X platform said, "DeFi is the past, AI is the present, and DeFAI is the future", this trend is rapidly fermenting.
TheDeFAI craze is not unfounded. From the end of 2024 to the beginning of 2025, a number of projects have been released intensively, demonstrating the diverse possibilities of combining AI and DeFi. To better understand this emerging sector, we'll take a look at the latest developments in a few representative DeFAI projects that are building despite the weak market bias and see how they are driving the industry forward through technological innovation.
1. The Hive
Project Introduction:
The Hive is a decentralized platform based on the Solana blockchain that simplifies and enhances DeFi operations by coordinating an interoperable network of AI agents. It provides users with token analysis, liquidity management, staking, and trading tools, all powered by AI to provide real-time insights and automation. The project prioritizes user-friendly design, combines social media data (e.g., X posts) with on-chain analytics, and continuously optimizes its technical infrastructure for scalability.
Update:
- Token Analysis Agent Upgrade: In January this year, The Hive launched an upgraded version of the Token Analysis Agent, focusing on optimizing token liquidity pool (LP) management, including adding charting tools for visualizing token data, updating the token data user interface (UI), enhancing the search API, and more.
- Community-Inspired UI/UX Improvements: In mid-January, changes such as automatic dollar conversion, interactive transfer tool, and collapsible sidebar were updated to improve usability.
- Full Platform Enhancements: In February, a wide range of updates were rolled out covering multiple aspects of The Hive ecosystem, including token dashboard integrations, liquidity and trading brokers, staking pool UX, query and input improvements, API limit increases, and more.
Future Expectations:
While currently focused on Solana, The Hive may explore cross-chain integration to further expand its market reach as DeFi's demand for cross-chain interoperability increases. In addition, The Hive may further develop its AI agent so that it is not limited to the current features. Considering its "modular network" positioning, The Hive may launch more customized proxies in the future to meet the needs of different users.
2. Introduction to the Griffain
Project:
Griffain is an AI-driven platform based on Solana, which provides users with transaction automation, liquid staking, and data analysis services through autonomous agents. It has built a modular AI proxy ecosystem, the core of which is to leverage the advantages of AI and Solana to help users manage their crypto assets smarter and more efficiently.
Latest Developments:
- Hey Anon Build 0.3: On March 1st, HeyAnon Build 0.3 went live on Solana, allowing users to create a Solana wallet or connect an existing wallet in the HeyAnon app and perform swaps on the Solana network directly within the app.
- Public Beta v0.1: Announcing the launch of Public Beta v0.1 on February 1, HeyAnon simplifies DeFi operations by enforcing swaps, cross-chain asset bridging, and managing DeFi strategies. The user only needs to give the command and specify the protocol to use, and the platform takes care of the rest. The platform is currently accessible through heyanon.ai, and this is an early version, with frequent updates to add features and protocol support.
- Integrating Bubblemaps: On March 1, Hey Anon now integrated Bubblemaps, a blockchain data visualization platform, to bring token distribution, holder analysis, and decentralized metrics directly to Hey Anon.
- Listing on CowSwap: CowSwap, a decentralized trading protocol, is now live on HeyAnon, offering MEV-protected swaps and limit orders for Base, Arbitrum, Gnosis, and the Ethereum mainnet.
Future Expectations:
Although Hey Anon has only been around for 11 weeks, it is still in beta. But its current v0.3 version supports multi-chain and even more features than any other DeFAI project. Hey Anon is now live on Solana, and will establish in-depth partnerships with more blockchain and DeFi projects in the future, and continue to expand the scope and application scenarios of the public chains it supports.
5. Introduction to the Orbit
Project:
Orbit is an AI-powered DeFi assistant platform that aims to simplify users' operations on the blockchain through automated tools and smart contract management. The platform's features include cross-chain guessing and asset bridging, staking and yield strategy optimization, lending protocol access, and comprehensive portfolio management tools. Orbit currently supports more than 100 blockchains and more than 200 DeFi protocols, providing a seamless asset management and trading process, lowering the barrier to entry and improving the user experience.