DeFAI Takes the Spotlight: AI-Powered DeFi Tokens Surge

  • The DeFAI sector is worth a massive $671.62 million, led by GRIFFAIN.
  • HotKeySwap (HOTKEY) soared a massive 947% in the past week. 
  • ORBIT (GRIFT) skyrocketed a monumental 50% in the past 24 hours.

Bearish conditions in the crypto market haven’t deterred the rise of the new DeFAI sector, where decentralized finance (DeFi) intersects with artificial intelligence (AI). and several of these DeFAI tokens are outperforming, capturing attention for their resilience and growth potential despite the market slowdown.

In a post on X (formerly Twitter), CoinMarketCap highlighted leading DeFAI tokens. , including GRIFFAIN (GRIFFAIN), Hey Anon (ANON), Hive Ai (BUZZ), Mode (MODE), neur.sh (NEUR), ORBIT (GRIFT), and Asym (ASYM). GRIFFAIN, part of the Solana ecosystem, leads the pack with a market capitalization of $388 million, ranking 218th on CoinMarketCap.

Read also: Shibarium’s DeFi Expansion: What It Means for Yearn Finance

DeFAI Sector Overview

As of now, the DeFAI sector holds a market valuation of $671.62 million, with a trading volume of $144.404 million, reflecting a 3% dip over the past 24 hours. Despite the decline, some tokens have posted notable gains:

  • GRIFFAIN: Up 4.63%, currently trading at $0.3898.
  • ANON: A surge of 23.44% brings its value to $14.
  • ORBIT: Marked a staggering increase of 50.30%, trading at $0.06272.
  • NEUR: Rose 11.88%, now priced at $0.05383.

HotKeySwap (HOTKEY), a key DeFAI protocol, achieved an impressive 947% increase in the past seven days. However, it faced a slight drop of 2.53% in the last 24 hours, trading at $0.1019 at the time of writing.

With a market capitalization of $4.4 million, HotKeySwap remains a promising yet developing player in the DeFAI space. The platform aims to reshape the DeFi landscape by integrating AI-driven tools, offering enhanced privacy, limit orders, and leverage trading for users.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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