August 5, 2025
5 min read
Decrypt / Jason Nelson
OpenLedger’s AI crypto agent requires user approval before trading, ensuring transparency, privacy, and safer AI-driven decisions.
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)
AI Agent Functionality and Control
Q: How does OpenLedger's AI agent differ from other crypto trading bots? A: Unlike many crypto bots that execute trades automatically, OpenLedger's AI agent requires explicit user approval before any transaction is made, ensuring human oversight. Q: Can the AI agent make trades without my permission? A: No, the AI agent is designed to never execute a transaction without the user's explicit sign-off. It acts more like a co-pilot, providing recommendations and insights. Q: What kind of control do users have over the AI agent's parameters? A: Users have full control to set their risk limits, network preferences, and data-sharing settings before the agent takes any action. Q: How does OpenLedger ensure transparency in its AI agent's decisions? A: OpenLedger uses a Proof of Attribution framework, linking each suggested action back to its data sources and AI model version, making decisions traceable and auditable.Data Privacy and Security
Q: How is user data handled by OpenLedger's AI agent? A: All prompts and context stay on the user's device by default, ensuring that private keys and transaction histories never leave the phone. Cloud storage is only used if explicitly needed for functionality, and data is anonymized. Q: What measures are in place to prevent AI "hallucinations" or exploitable vulnerabilities? A: The system is built to resist exploits by requiring users to trace the logic and data behind AI decisions. If a data trail is incomplete, the agent will not proceed.Integration and Availability
Q: Where will OpenLedger's AI agent be available? A: Initially, the AI agent will be integrated into Trust Wallet. Q: When will OpenLedger's AI agent be available to users? A: A pilot program is scheduled for October, with wider access expected early next year. ##Crypto Market AI's Take The approach taken by OpenLedger with its new AI agent aligns with a growing sentiment in the AI and crypto space that emphasizes human-centric design and robust transparency. While the market is indeed seeing a surge in AI-powered tools, the potential for "hallucinations" and vulnerabilities remains a significant concern. OpenLedger's commitment to keeping users in the loop for every transaction, coupled with their Proof of Attribution framework, addresses these concerns directly. This model offers a compelling alternative for traders who value control and understanding over blind automation. Our own platform, Crypto Market AI, also focuses on providing sophisticated AI-driven market analysis and trading tools, but we believe that user education and control are paramount, much like OpenLedger's philosophy. Understanding the underlying logic of AI recommendations is crucial for making informed decisions in the volatile crypto market. ##More to Read:- AI Agents: How Autonomous Programs Are Transforming Cryptocurrency
- The Rise of AI in Finance: Opportunities and Challenges
- Understanding AI-Powered Trading Bots: A Comprehensive Guide