Telegram has launched AI-powered crypto trading agents, enabling users to execute on-chain swaps, transfers, and staking directly within the messaging app. The new feature, funded via a user's dedicated wallet, aims to simplify DeFi access for Telegram's estimated 900 million users.
"This is about lowering the barrier to entry for decentralized finance," said a person familiar with the matter, who asked not to be named as the details are not yet public. "The goal is to make on-chain actions as simple as sending a message."
The agents allow users to interact with DeFi protocols on The Open Network (TON), the blockchain integrated with Telegram. By automating tasks like staking assets or swapping tokens, the feature removes several steps that typically require users to navigate external decentralized exchanges (DEXs) and wallets. This integration could drive significant transaction volume to the TON ecosystem and increase the utility of its native token.
The launch, however, comes as the market for AI-related crypto tokens faces intense scrutiny. The recent collapse of DeepSnitch AI ($DSNT), which fell 99.7% shortly after its launch in March due to a broken token claim process and thin liquidity, serves as a cautionary tale for automated trading tools. While Telegram's integration offers a more streamlined user experience, it also introduces new security considerations and underscores the risks of entrusting funds to automated systems. This move is an early, consumer-facing step into the broader trend of "agentic commerce," where autonomous AI agents transact on-chain, a concept being explored by major tech firms and crypto protocols alike.
This article is for informational purposes only and does not constitute investment advice.