COTI has introduced PriveX, the first Perpetual DEX (Perp-DEX) on its network, designed to integrate AI agents, privacy, and access to liquidity from centralized exchanges. In an official statement, it was announced that users will be able to create and train AI agents for automated trading, as well as participate in a $PRVX airdrop through a points accumulation system.
According to the COTI team, PriveX will be the first Perp-DEX on their blockchain that operates on an intent-oriented principle. This approach will allow the platform to tap into the liquidity of major centralized exchanges — including Binance — while maintaining a decentralized architecture. The platform is currently functioning on the BASE network, but after the migration to COTI Mainnet, users will gain access to additional tools for confidential trading.
AI Agents for Automated Trading
The developers of PriveX claim that the platform will enable users to create, train, and deploy AI agents that can analyze market conditions and execute trades automatically. According to the published data, these AI agents will be capable of:
- Executing trades on the Perp-DEX without owner intervention.
- Publishing trading signals on social media.
- Managing trading vaults, allowing other users to invest in their strategies.
The team positions this mechanism as the next evolution in automated trading within the Web3 space.
$PRVX Airdrop and Points System
In the official announcement, COTI stated that to attract users, the platform will implement a points accumulation system, which can later be exchanged for $PRVX tokens and other rewards. The points will be awarded for activities such as:
- Trading activity.
- Interaction with AI agents.
- Other activities within the PriveX ecosystem.
This program is designed to encourage long-term user engagement.
Development of DeFAI and COTI’s Future Plans
COTI announced that PriveX is their first incubated project within their ecosystem, developed in partnership with Symm.io and IntentX. The press release notes that the project will become part of the DeFAI (DeFi + AI) concept, which combines artificial intelligence technologies with decentralized finance. For more details on this new tool, please refer to the official announcement.
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This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.