Axal Launches AI-Powered Tool for Automated Crypto Trading

US-based startup Axal is integrating AI with crypto trading through their Autopilot tool. Key features include:

Automated trading based on user-defined risk tolerance and restrictions.
Utilizes Ethereum L2 chains like Base, Optimism, and plans to add Solana.
Funding options via crypto wallets or Venmo using email.
Targets non-technical users, allowing interaction with DeFi tools and trading various tokens including BTC and ETH.
Customization options for creating specific token indices for trading.

To ensure task completion, the platform employs blockchain verification. The use of zero-knowledge co-processors and Optimistic oracles enhances information accuracy.

In case of inaccuracies from AI models, collateral is at stake, creating a risk-reward mechanism for users. Future plans include AI tools for automating daily tasks such as food delivery and travel bookings.