Mantle Bybit & Almanak Join Forces to Revolutionize AI-Powered Onchain Finance

Mantle, a top high-performance DeFi and liquidity layer, Bybit, the second-largest cryptocurrency exchange in the world by trading volume, and Almanak, an AI-native quant strategy platform have partnered to grow AI-powered onchain finance across the globe. The collaboration combines an AI strategy engine of Almanak with a fast and inexpensive execution layer of Mantle Network and liquidity infrastructure of Bybit. The partnership will increase liquidity, efficiency, and provide millions of users to have scalable quantitative automation.

Almanak Integrates with Mantle to Deploy AI-Driven Quant Strategies

The AI platform offered by Almanak allows users to create, test, and deploy complex quantitative trading strategies without much effort. The scalable structure of Mantle is the ideal platform to run the AI models of Almanak, complex, multi-step strategies, and high-frequency rebalancing that cannot be performed by traditional, high-cost chains. 

Hence, having listed its spot on Bybit, Almanak will introduce its token on Mantle Network, establish a liquidity pool, and directly integrate its no-code, multi-agent AI strategy builder into the ecosystem of Mantle. The partnership develops end-to-end on-chain AI, enhancing the automation of trading and operational efficiency of individual traders and institutions.

On the other hand, Bybit liquidity network links the AI strategies of Almanak to the on-chain finance environment of Mantle and broader market venues. Bybit has more than 70 million users, offering a significant avenue for spreading AI-driven instruments and enhancing capital efficiency in both CeFi and DeFi.

Unlocking Advanced Automation Across CeFi & DeFi

This partnership is one of the biggest steps toward bridging the centralization (CeFi) to the decentralized finance (DeFi). The partnership unites Almanak with an AI engine, Mantle with speedy infrastructure, and Bybit with liquidity to form a single and efficient quantitative strategy implementation ecosystem and operate without disruption in CeFi and DeFi. 

Introducing a two-sided liquidity pool on Mantle expands access to capital and AI-based DeFi assets. The model is more accessible, transparent, and efficient in the execution of AI-powered trading. Thus, it opens new possibilities to the traders, developers and institutions to innovate and expand their operations without any serious challenge.

Driving the Future of AI-Powered Onchain Finance

The new partnership of Mantle, ByBit, and Almanak is a significant move towards AI-Powered onchain finance in both CeFi and DeFi. Through combining Almanak’s AI strategies, Mantle’s low-fee execution environment, and Bybit’s global liquidity, this collaboration provides an effective solution to asset management and automated trading based on AI.

With the development of the AI technology, this partnership will determine the future of AI-Powered onchain finance with a unique ecosystem that provides traders, institutions, and developers with transparent and automated and liquidity-rich financial infrastructure.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.