The multi-agent protocol Adapt, or ANP3, has been chosen as the inaugural project to debut on Sui ecosystem’s AI launchpad, Surge. This initiative is recognized for enabling quantitative trading.
Summary
- Surge, Sui’s new AI launchpad, has selected Adapt, a multi-agent quantitative trading protocol, as its first project from over 70 submissions.
- Adapt’s ANP3 protocol connects AI-driven trading agents to create a self-learning, interoperable DeFi network that facilitates autonomous market-making and liquidity optimization.
On October 29, Sui’s AI launchpad, Surge, announced the selection of the multi-agent protocol Adapt as the first project to launch on its ecosystem. The project stood out among more than 70 AI projects that applied to join Surge.
“Adapt’s ANP3 protocol connects professional trading agents to deliver innovative smart trading solutions that adjust to user and market dynamics, making advanced DeFi accessible to all,” stated the AI launchpad platform in a post on X.
The integration of this multi-agent protocol into Sui’s launchpad could pave the way for broader on-chain deployment of AI trading agents within the crypto landscape, accessible to users and developers on the Sui (SUI) blockchain.
Launched on October 28, Surge is the first AI Agent Launchpad built directly on the Sui blockchain, aimed at nurturing and advancing projects that incorporate artificial intelligence into Web3. Its goal is to foster a structured ecosystem where AI-driven agents can function within decentralized applications and DeFi frameworks.
Upon its introduction, numerous outlets highlighted Surge’s milestone-based funding and token release mechanism, designed to encourage long-term sustainability rather than short-term speculation.
Each project launched via Surge must undergo a process where up to 90% of its tokens are locked until critical development milestones are achieved. Additionally, the platform offers integrated liquidity support through the Cetus Protocol, enabling projects to tap into DeFi liquidity pools right after launch.
The launch of Adapt on Surge further merges AI and crypto as more developers lean towards AI agent-focused projects.
According to data from CoinGecko, AI Agents and AI Agent Launchpads are primary contributors to the overall AI and crypto market cap. Currently, AI Agents boast a market cap of $4.4 billion, reflecting a 1% growth over the past day.
Conversely, AI Agent Launchpads lag behind, accounting for roughly half of the market cap generated by AI Agents, standing at $2.2 billion. Despite this, their value has increased by 1.8% compared to the previous day.
How does Adapt work?
Adapt is a web3 protocol developed around the principle of multi-agent collaboration in quantitative trading. Known as the first Agent Interconnection Protocol or ANP3, Adapt aims to form a decentralized network where autonomous agents operate using AI algorithms.
These AI-enabled agents can communicate, cooperate, and execute intricate trading strategies across blockchain markets.
The initiative envisions a future where AI agents serve as participants in DeFi, optimizing liquidity provision, arbitrage, and market-making without requiring human intermediaries. By fostering interoperability among these agents, Adapt endeavors to create what it describes as an “Agent DeFi Network,” an intelligent, self-organizing trading ecosystem that continuously evolves through machine learning and decentralized governance.
In a recent post, Adapt mentioned that it will continue its growth with support from Surge’s FDV-Milestone vesting model while it prepares for integration into the Sui blockchain.
“Let’s anticipate Adapt’s fundraising and token performance on Sui Network!” stated the protocol in its latest message.
