💥 About Kinetix

Kinetix: The Next Generation AI-powered DeFi Hub on Kava EVM and Base.

Introduction

Kinetix is an AI-powered DeFi hub building out the next generation of mass market DeFi. The 2020 DeFi wave saw the conception of decentralized finance, and produced many of the blue-chip platforms operating at the forefront of the Web3 space today. By enabling active market participants to put their otherwise-dormant liquidity to work, DeFi platforms jump- started an on-chain renaissance characterized by decentralized lending markets, thicker order books, bonding curves, synthetic asset platforms, and of course, the Automated Market Maker (AMM) and its ultra-aesthetic UI.

Context

As DeFi’s first iteration, 2020’s crop of new platforms was not without flaws or misgivings. Along with a host of new use cases, DeFi brought on massive upticks in on-chain transaction volume and sent gas fees to triple-digit territory. In 2021 and 2022, sidechains, roll-ups, and other Layer 2s sprung forth to support rising demand for DeFi, while new gas-intensive DeFi applications such as Web3’s native perpetual contracts made their arrivals as the second generation of DeFi.



Nonetheless, for all but the Web3 community, DeFi has remained too complex and too demanding of users. With steep learning curves and an unfamiliar lexicon, DeFi has continued to deter the mass market. However, advances in AI-based applications have generated a new wave of Web3 growth – and with it, a breadth of new opportunities to seamlessly support DeFi users. AI-integrated DeFi is just emerging as DeFi’s third and most promising generation of groundbreaking protocols. As Large Language Models (LLMs) such as OpenAI ChatGPT advance further into the mainstream, DeFi has its best chance yet to capture the mass market and produce simple, user-friendly tooling designed for both Web3 natives and mass market newcomers that builds upon the high-performance foundation of second-generation scalability.