Source and Development

In recent years, the DeFi market has experienced explosive growth, with both funds and users continuously entering the market. The application of AI technology in the financial field has also become increasingly widespread, covering multiple aspects such as risk management, investment decision-making, and customer service. In the investment field, AI algorithms can perform real-time analysis on massive financial data, assisting investors in making more accurate decisions and improving investment returns. Soly AI combines AI technology with the DeFi track, allowing users to automatically perform complex DeFi operations such as cryptocurrency trading, lending, and liquidity mining using the platform’s AI algorithms.

The founder of Soly AI is Madlabs #6789 (修), who is a top expert in the fields of blockchain, decentralized physical infrastructure network (DePIN), and artificial intelligence. He has successful experience in pioneering decentralized technology. However, his specific personal information such as real name and detailed resume has not been disclosed in public information, only identified as Madlabs #6789.

Image Source:https://docs.solyai.com/soly-ai-agent

The project will carry out brand preparation work in Q1 2024, create social media channels, officially launch the issuance of the SOLY token, establish a Telegram community, and activate community voice chat functionality; in Q2, the team will organize Spaces for interaction with guests, hold the XMeme competition, and establish marketing partnerships; in Q3, the team will continue to promote the listing of the token on centralized exchanges and conduct auditing work; in Q4, the project will receive recognition from the founder of Solana.

Technical Foundation

Soly AI is built on the Solana chain, and the Soly AI Engine represents a groundbreaking fusion of blockchain technology, Large Language Models (LLM), and agent-based systems. The project’s vision is to achieve ownership, development, and monetization of autonomous AI agents (AAA) through Solana’s scalable high-speed infrastructure, fundamentally changing the way the crypto ecosystem interacts with AI agents. By facilitating seamless interaction between LLM-driven agents and on-chain environments, Soly AI enables users to create and deploy agents with practical utility and economic value.

Image source:https://docs.solyai.com/soly-ai-agent/manifest-soly-ai-engine/mission-and-vision

The project uses advanced AI Agent SDK and framework, this unique approach allows Soly to train multiple AI Agents simultaneously, enabling smarter and faster services. This AI Agent architecture, designed specifically for the Solana ecosystem, integrates AI into the Soly system, enabling smooth interaction by leveraging Solana’s on-chain tools, API, and analytics framework, facilitating automation and intelligent decision-making for cryptocurrency tasks.

Image source:https://docs.solyai.com/soly-ai-agent/the-soly-ai-ecosystem/ai-agent-sdks-and-apis

Product Features

Soly AI focuses on user experience, reduces the threshold for users through a simple and easy-to-use interface and natural language interaction function, allowing more ordinary users to easily participate in DeFi activities. In addition, the platform’s security performance and privacy protection measures are also excellent, effectively ensuring the security of users’ assets and data privacy.

Image source:https://solyai.com/payment

Currently, the Soly AI official website is still in beta testing phase, and the team is constantly developing and improving new features before the release. After logging into the website, users need to register a Soly wallet first, and then go through two steps to experience the test network. The first step is to deposit at least 1.03 SOL into the Soly wallet to pay for fees and network costs. The second step is to pay 1 SOL to obtain early access qualification. The funds paid to the platform can be used for LLM integration, data services, infrastructure maintenance, and basic operations.

The official website of Soly AI provides the following functions:

(1) Automated portfolio management: AI agents automatically construct and adjust investment portfolios based on user-set parameters such as risk preferences and investment goals, diversifying risk and maximizing returns. For example, when the market fluctuates, the system can quickly adjust the position ratios of different cryptocurrencies.

(2) Intelligent lending and arbitrage: The platform monitors the interest rate differences of multiple lending platforms in real-time to find the best lending solution for users; meanwhile, it utilizes AI algorithms to capture price differences across different trading platforms, automatically executing arbitrage operations to help users gain profits.

(3) Natural Language Interaction: Supports users to interact with AI agents through natural language, making it convenient for users to give instructions and query information, greatly improving user experience and reducing operation difficulty.

Token Economy

SOLY is the native token of Soly AI, with a total supply of 1 billion tokens, all in circulation. Currently, there are approximately 4640 holding addresses for SOLY, which are relatively dispersed. As of January 28, 2025, the price of SOLY token is $0.000817.

Image source:https://www.gate.io/pilot/solana/soly-ai-soly

The application scenarios of SOLY include the following:

(1) AI Services and Model Access: On the Soly AI platform, users can use SOLY tokens to access various AI services provided by the platform, such as natural language processing, image recognition, etc. Users can also use SOLY to access AI models trained on the platform for their own project development or research.

(2) Community Governance and Participation: SOLY token holders may have the right to participate in the community governance of the Soly AI project and vote on major decisions regarding the platform’s development direction, feature upgrades, collaborative projects, etc.

Project Risk

Although Soly AI provides automated investment management, the high volatility of the cryptocurrency market still exposes some users to investment loss risks, which affects their trust in the platform to a certain extent.

Due to the incomplete regulatory policies of the DeFi industry worldwide, users are concerned about the compliance issues of the platform and fear that policy changes may restrict assets or hinder platform operation.

Summary

As an innovative project in the Solana blockchain ecosystem, Soly AI demonstrates great potential in technical architecture, application scenarios, and market prospects. By implementing AI for DeFi automation, it is expected to promote the wider application and development of AI technology. However, it still faces risks in terms of technology, market, regulations, etc., to some extent relying on the future development of the underlying Solana.