Parallel Studios
, a leading Web3 gaming company, has released the open beta of Wayfinder. This groundbreaking platform leverages AI agents to make navigating and executing in decentralized finance (DeFi) easy, safe, and efficient. Wayfinder is inspired by and the next evolution of Colony. It seeks to simplify advanced DeFi strategies to a wider audience by providing a seamless user experience and using smart automation. The platform introduces a novel approach to managing on-chain tasks through natural language commands, streamlining processes that traditionally require extensive technical knowledge.Wayfinder consists of two core elements: Wayfinder Shell and Wayfinder Graph. Wayfinder Shell serves as the primary user interface for users. It further enables them to interact with complex DeFi middleware and maximize meaningful interactions through specialized agents that automate and optimize specific activities. Wayfinder Graph functions as a robust routing platform. It navigates agents across the challenging landscape of multi-chain ecosystems, enabling them to discover the most effective routes to deploy user-specified strategies.
Core Components of Wayfinder
Wayfinder Shell is a functional interface that allows anyone to interact with the complex DeFi space. More importantly, it lets users interact with intelligent, specialized agents, removing the need for users to understand the complexities of blockchain technology. Together with the shell, these features allow complex strategies to be executed instantly just by typing some natural language commands.
Wayfinder Graph is the graph-based navigational backbone of our platform. Its goal is to improve the efficiency of agents moving between distinct blockchain ecosystems. This system works wonderfully in the highly fragmented multi-chain environment of DeFi. That allows you to figure out the most cost-effective, most efficient paths forward, which is really the key to success. This connectivity allows agents to fluidly traverse challenging terrains to reach their learning goals.
Wayfinder’s unique capability to execute complex on-chain procedures using plain language instructions is a major breakthrough in making DeFi more accessible. Users can now do complex actions like rebalancing their portfolio or executing a cross-chain swap in just a few clicks! This addition opens the floodgates for regular folks that don’t have the technical know-how it would take to navigate around this.
Agent System Functionality
Wayfinder’s agent system is made up of four unique types, each optimized to perform distinct duties among the complex ecosystem of DeFi. These agents would be Transaction Agents, Autonomous Agents and Perpetual Agents. Together, each type contributes immensely to improving automation and optimization in various aspects of managing DeFi assets.
Transaction Agents execute the core asset movement, creation, improvement, and management tasks to create the on-chain asset ecosystem. These agents perform token swaps, bridge assets across different chains, and stake tokens to receive rewards. They make sure that mundane, day to day transactions go smoothly and promptly.
Autonomous Agents could plan and analyze real-time data from all the lending protocols (like Aave, Compound, etc.) on how they work. These agents keep a lookout for the right interest rates and total value locked (TVL) to find the best lending and borrowing opportunities. By automating this dynamic analysis, users can understand the potential impacts of their decisions without having to manually check each time.
Perpetual Agents are powered by Hyperliquid’s on-chain orderbook engine, dubbed ‘HyperCore’, allowing them to constantly monitor funding rates. These agents are a total game changer for users performing high-frequency perpetual futures trading. They dynamically reposition or pit themselves to take advantage of positive funding arbitrage opportunities and to manage and hedge risk well.
Wayfinding Paths and Network Support
From Wayfinder’s graph system, the concept of ‘Wayfinding Paths’ is central. This cutting-edge feature provides agents with crisp, tiered guidance as they play the DeFi game. This new system functions like Google Maps, providing the simplest, most elegant routes for performing complicated tasks to get you where you want to go. Wayfinding Paths allow the user to request actions that require multiple steps, including across separate blockchains.
With Wayfinding Paths, users can start complex, multi-step actions with just a few clicks. For example, a user can request to "Bridge my ETH from Base to Solana and buy the memecoin BONK." The system then handles each step of the process, automatically guiding the user every step of the way for a smarter, faster, smoother experience.
Wayfinder is compatible with all popular mainnets, including Ethereum, Solana, Base, and Avalanche. This wide-ranging compatibility gives users the freedom to interact with countless DeFi protocols. It helps them easily discover unique native assets on multiple blockchain ecosystems. Multi-chain support is key to allowing users the flexibility and access to the varied opportunities across multiple chains.
Wayfinder allows investors to control large positions with a small up-front investment. The platform allows users to trade up to 3-4 BTC positions. They’re able to do this with a minimal upfront investment of less than one BTC. This leverage is made possible through the platform’s smart automation and risk management tools.
Wayfinder’s Perpetual Agent can build on the strengths of these other agents to keep an eye on changing conditions and help avert risk. You can set it up to never have more than 3x leverage, for instance. Further, it will automatically trigger position liquidation with losses over 10%. This integration provides users with the ability to trade high-leverage, high-speed contracts while using powerful risk controls typically found in spot markets.