What is Velvet (VELVET)?

Deep Dive

1. Purpose & Value Proposition

Velvet tackles DeFi’s complexity by merging AI with decentralized tools. Its AI Co-Pilot lets users discover opportunities, analyze tokens, and execute trades via natural language commands, lowering barriers for traders and institutions. The platform also allows users to create tokenized strategies (e.g., yield farms, index funds) managed as vaults, with over 10,000 vaults deployed by influencers and funds (Velvet Blog).

2. Technology & Architecture

The platform uses a multi-agent AI framework to route decisions across DeFi protocols. It supports cross-chain interactions, enabling asset management on Ethereum, Solana, and BNB Chain. Recent upgrades include Turnkey’s MPC wallet integration for secure onboarding and adversarial-checking AI layers to verify trades (Cointelegraph).

3. Ecosystem Fundamentals

Velvet’s ecosystem includes:
- Trading Terminal: Live price analysis, limit orders, and strategy automation.
- Vault Infrastructure: Customizable portfolios for individuals or DAOs.
- API Access: White-label solutions for institutions to deploy branded DeFi apps.
Partnerships with Gloria AI for real-time news integration and Binance for liquidity further bolster its utility.

Conclusion

Velvet positions itself as a unified hub for AI-enhanced DeFi, combining cross-chain execution with user-friendly tools. While its vault system and AI integrations address real inefficiencies, the platform’s long-term success hinges on retaining users amid rising competition. How will Velvet balance decentralization with the scalability demands of institutional players?