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COTI Launches PriveX Perpetual Decentralized Exchange for Individuals and Agents, Signaling the Beginning of the DeFAI Era

In Brief

The rollout of PriveX on COTI's network marks a transformative moment as users gain more autonomy over their trading methodologies in a secure, decentralized setting, transitioning the platform from a traditional DeFi model to a more AI-focused DeFAI approach.

Web3 privacy layer COTI announced that it has launched PriveX This innovative platform combines advanced AI Agent capabilities with intuitive, intent-based technology, offering enhanced control for users navigating their trading strategies in a secure decentralized setup, representing a pivotal shift from traditional DeFi towards an AI-fueled decentralized finance (DeFAI) model.

At its essence, PriveX functions as an intent-driven Perp-DEX, and through collaborations with Symm.io for dependable infrastructure and IntentX for a user-friendly interface, it taps into liquidity from leading Centralized Exchanges (CEXs). This strategic move allows traders to reap the benefits of a decentralized framework while also accessing substantial liquidity pools, initiating with Binance.

PriveX is breaking new ground in AI-enhanced trading, enabling users to construct and tailor their own AI trading agents for the first time, training them on specialized datasets that cater to various trading strategies. These AI Agents vigilantly track market fluctuations, refine trading executions, and can even promote their successes on social media platforms.

Moreover, these agents are equipped with unique vaults, empowering users to benefit from successful trades by investing in top-tier agents, allowing strategies to operate autonomously while retaining user control.

Currently functioning on the Base network, PriveX is on track to transition to the Mainnet, unveiling a host of features focused on user privacy. These enhancements will empower users to implement intricate trading strategies confidently while ensuring their data remains secure from exposure. COTI PriveX Rolls Out Points-Based Reward System to Benefit Early Adopters and Engaged Traders

PriveX has unveiled a points-based rewards initiative aimed at recognizing and incentivizing early users and active traders within the ecosystem. Participants can accumulate points through their trading activities and interactions, which can later be exchanged for PRVX tokens and exclusive perks within the PriveX environment.

As a COTI-initiated project, PriveX embodies COTI's ambition to forge a secure and integrated Web3 framework. With its upcoming migration to COTI's Mainnet and the launch of AI trading agents, PriveX represents a pivotal advancement in the landscape of decentralized finance. By debuting the first perpetual DEX on the COTI blockchain, PriveX is propelling the movement towards secure, efficient, and user-friendly decentralized trading solutions.

is recognized for being one of the most rapid and efficient privacy layers within the Web3 ecosystem, leveraging the cutting-edge cryptographic protocol known as Garbled Circuits. It provides a compliant method for securing information on public blockchains. This innovative approach is paving the way for the next phase of Web3 growth and widespread acceptance. Through its technology, COTI is unlocking new avenues for diverse applications, including decentralized finance enhanced by AI (DeFAI), real-world assets (RWAs), security protocols, identity management, and more.

The COTI Network Recently, COTI has officially joined the ranks of the Enterprise Ethereum Alliance, further solidifying its position as a significant player in the larger Ethereum ecosystem.

, it’s important to mention that the details shared on this page do not constitute legal, tax, investment, financial, or any other type of advice. It’s vital to invest only what you can afford to lose and to consider seeking independent financial counsel if uncertainties arise. For further information, we recommend consulting the terms and conditions along with the support resources provided by the issuer or promoter. MetaversePost is dedicated to delivering precise and impartial reporting, yet market dynamics can change unexpectedly.

Disclaimer

In line with the Trust Project guidelines Alisa, a passionate journalist at Cryptocurrencylistings, specializes in areas like cryptocurrency, zero-knowledge proofs, and the vast field of Web3. With a sharp eye for novel trends and technologies, she offers in-depth reports to engage and inform readers navigating the ever-changing terrain of digital finance.

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