August 5, 2025
5 min read
Decrypt / Jason Nelson
OpenLedger’s AI crypto agent ensures user approval before trades, emphasizing transparency, privacy, and traceability in automated trading.
In a Market Obsessed With Speed, This Crypto AI Agent Wants You to Slow Down
While most crypto bots rush into trades without a second thought, San Francisco–based OpenLedger is slamming on the brakes. Its new AI agent won’t execute a single transaction until the user explicitly signs off, bringing humans back into the loop of automated trading.
That matters, the company argues, because speed without context can spell disaster. OpenLedger’s approach balances rapid execution with real-time adaptability and full transparency. Traders set their risk limits and review every recommendation before it goes live, ensuring the AI never becomes a black box.
“People need to understand why a trade is happening, not just watch their balance change,” OpenLedger core contributor Kamesh told Decrypt.
Once launched, OpenLedger’s agent will live inside Trust Wallet and communicate in plain English. It can summarize positions, flag unusual activity, and suggest strategies. According to Kamesh, while AI can be a powerful tool, it shouldn’t remove humans from decisions.
“The AI doesn’t need signing authority to be useful,” he said. “Think of it like a smart co-pilot—you’re still flying the plane.”
That restraint is by design, Kamesh said. Users define their parameters—risk thresholds, network preferences, and data-sharing settings—before the agent ever makes a move. All prompts and context stay on the device by default, so private keys and transaction histories never leave your phone.
To keep every decision traceable, OpenLedger uses a Proof of Attribution framework. Each suggested action links back to its data sources and AI model version, so users can audit why a trade was recommended. If the data trail is incomplete, the agent simply won’t proceed.
“We prioritize privacy, so nothing is stored in the cloud unless explicitly needed for functionality, and even then, it's anonymized and never linked to your wallet or identity,” Kamesh said.
OpenLedger will introduce the agent in Trust Wallet in October, starting with a pilot for a few hundred users. Wider access will follow early next year.
The OpenLedger AI launch comes amid a boom in crypto of AI-powered tools. The sector’s market cap hit $5.7 billion in July, according to CoinGecko, as developers race to bring AI onto DeFi platforms.
OpenLedger isn’t alone in bringing AI to wallets. In July, Base, the newly rebranded wallet app by Coinbase, announced an AI feature that lets users trade and send crypto using natural language prompts.
The rush to add AI to crypto transactions has, however, also raised concerns about “hallucinations,” or inaccurate outputs that can lead to financial losses.
In May, researchers at Princeton University showed how memory-based manipulation attacks could trick crypto AI agents into approving unauthorized transactions. OpenLedger says its system is built to resist that kind of exploit.
“You don’t have to trust what the AI says blindly,” Kamesh said. “You can trace the logic, the data behind its decision, and even who contributed that data. If the source can’t be traced, the agent doesn’t act.”
Frequently Asked Questions (FAQ)
About OpenLedger's AI Agent
Q: What is OpenLedger's approach to AI agents in crypto trading? A: OpenLedger's AI agent prioritizes user control and transparency. Unlike other bots that execute trades automatically, OpenLedger's agent requires explicit user sign-off for every transaction, ensuring human oversight. Q: What are the key features of OpenLedger's AI agent? A: The agent communicates in plain English, can summarize positions, flag unusual activity, and suggest strategies. It operates within Trust Wallet and allows users to set their own risk limits. Q: How does OpenLedger ensure the AI agent's decisions are traceable and secure? A: OpenLedger uses a Proof of Attribution framework, linking each suggested action to its data sources and AI model version. Prompts and context are kept on the device by default, and private keys never leave the user's phone. Privacy is a core priority, with cloud storage only used for anonymized data when necessary. Q: When will OpenLedger's AI agent be available? A: OpenLedger plans to launch the agent in Trust Wallet in October, starting with a pilot program, followed by wider access early next year.Crypto Market AI's Take
The development of AI agents in the cryptocurrency space, as exemplified by OpenLedger's approach, highlights a crucial trend: the increasing integration of artificial intelligence into financial markets. While speed is often prioritized in trading, OpenLedger's emphasis on human oversight and transparency addresses valid concerns about AI "hallucinations" and the potential for opaque decision-making. This balanced approach, where AI acts as an intelligent assistant rather than an autonomous executor, is a promising direction for the future of AI in finance. For those looking to understand the broader landscape of AI in crypto, our AI Agents section provides in-depth insights into various AI-driven tools and strategies shaping the market. Furthermore, understanding how these technologies impact personal finance is becoming increasingly important for individuals navigating the evolving financial world.More to Read:
- The Rise of AI in Cryptocurrency Trading: Opportunities and Risks
- Understanding AI Agents: How They're Transforming Industries
- Navigating Crypto Security: Essential Best Practices for Traders