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Walt Plans AI-Powered Perpetuals Trading Using Mira, ChatGPT and Claude

(3 hours ago) · 1 source · Summarized by CryptoBipto

Walt, a decentralized finance project, has announced plans to integrate AI systems including Mira, ChatGPT, and Claude into perpetual futures trading. The project aims to use multiple AI models to assist with trading decisions in the perpetuals market.

WHY IT MATTERS

Perpetual futures are like betting on whether the price of a cryptocurrency will go up or down, except unlike traditional futures contracts, they never expire — you can hold the position as long as you want. Think of AI integration here like adding an autopilot system to a car: it could potentially help with decision-making, but it also introduces new risks if the system makes mistakes. This story is notable because it shows a growing trend of DeFi projects trying to use AI tools — the same kind of chatbots many people use for writing or research — to make trading decisions. For newcomers, it is important to understand that AI-assisted trading does not guarantee better results, and automated systems can amplify losses just as easily as gains.

Walt has outlined a plan to incorporate artificial intelligence into perpetual futures trading on decentralized platforms. The approach reportedly involves using multiple AI systems — Mira, OpenAI's ChatGPT, and Anthropic's Claude — potentially to analyze market data or assist in executing trades.

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SOURCES

  • thedefiant.io

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