Aperture Finance, a decentralized finance (DeFi) platform pioneering AI-powered intents, has raised $12m in a Series A funding round.
Aperture Finance is at the forefront of integrating AI-powered intents into DeFi, introducing a revolutionary way for users to streamline complex transactions. This approach allows users to specify desired outcomes, simplifying their interactions with DeFi protocols. Utilizing Uniswap V3, the platform enables users to set end goals, such as specific liquidity rebalancing, with transactions executed only when these conditions are met.
The fresh funding will be used to further develop Aperture’s intents infrastructure, expand its solver network, and enhance user experience through the upcoming Large Language Model (LLM) interface. This feature aims to translate user intents, expressed in natural language, into a domain-specific language (DSL) that can be codified on-chain, ensuring precise execution of user instructions.
Yonkuro, head of crypto at Skyland Ventures, said, “Intents architecture bridges the gap between sophisticated financial strategies and everyday DeFi users,” said Yonkuro, Head of Crypto at Skyland Ventures. “By enabling users to articulate their financial goals in natural language, Aperture is making advanced DeFi tools accessible to a broader audience, from retail investors to institutional players.”
Aperture’s network of decentralized solvers calculates optimal transaction flows, which are then simulated and ranked by smart contracts. Initially launched with a centralized solver, the network now includes third-party solvers like Propeller Heads and Enso Finance, with Tokka Labs set to join in Q3 2024.
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