Binance report: Meme coins account for 41% of the AI encryption market, but DeFAI is still growing

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PANews
05-15
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PANews reported on May 15th that the latest report from Binance Research shows that in the AI-related cryptocurrency field, Meme coins dominate with a 41% market share, while the DeFAI sector combining AI and decentralized finance currently accounts for only 10% of the market. The report points out that DeFAI is experiencing a transformation from concept verification to infrastructure, and its development mainly depends on four core components: AI agents, development frameworks, protocol layers, and trading markets. Recent industry dynamics confirm the growth trend of DeFAI, such as Tether's newly launched QVAC project, which aligns with the DeFAI protocol framework. The report also warns of three major risks in this field: unclear ownership definition of AI agents, insufficient operational transparency, and potential abuse in decentralized governance. Researchers believe that if an effective regulatory framework is established, DeFAI has the potential to reshape the on-chain financial system.

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