The launch of Nansen AI crypto trading tools allows all users to easily move from analytic data collection on-chain to executing trades without having to switch back and forth between the two platforms. The Trading Beta allows Nansen’s users to trade on Solana and Base blockchains via conversational prompts (in the mobile app or a web terminal), powered by Nansen’s database of over 500 million labeled wallets.
Using AI to Close the Gap Between Strategies and Trading Execution
The release of Trading Beta addresses one of the major issues traders face: the disconnect between finding an on-chain signal and being able to execute a trade in response to that signal. Nansen AI crypto trading tools utilize the vast amount of data within Nansen’s ecosystem to deliver users contextual suggestions on how to execute a trade.
Through the mobile AI Assistant, users can ask a question in natural language (like “Buy the token the top wallet just bought”) and receive a fully completed trade to approve. On web, a separate trading terminal provides more traditional trading controls but is fully integrated with both Nansen’s Databases and the AI trading features. Execution is non-custodial because the embedded Nansen Wallet is backed by Privy and routes through the top aggregator for Solana via Jupiter, and OKX DEX for Base, and handles cross-chain via LI.FI.
A New Direction for Nansen
Previously, Nansen was the ultimate source for understanding smart money movements. With this new enhancement, Nansen AI crypto trading tools will now provide the ability to take action based on the findings from its analysis. This move will change the way Nansen operates from primarily being a research tool to now supporting closed-loop trading, improving user retention, as well as generating additional income from transaction fees (0.25% for free users and 0.10% for Pro users).
On the other hand, it places Nansen squarely into the rapidly growing AI trading agent market as a competitor to general-purpose AI chatbots, providing a targeted, blockchain-based solution for trade execution. Nevertheless, this new area carries potential risks for the platform, as numerous studies have indicated that AI-based algorithms/agents are capable of exploiting vulnerabilities within smart contracts.
