- DefiLlama has released a large language model called LlamaAI.
- The tool transforms users’ plain language prompts into a “structured query”, which it then runs on DefiLlama’s dataset.
- LlamaAI is available to LlamaPro subscribers.
DefiLlama, a DL News sister company, has released an AI tool that allows users to analyze live crypto data using plain language queries.
The product, LlamaAI, is a large language model in the mold of OpenAI’s ChatGPT or Anthpic’s Claude.
“LLMs excel at understanding language,” said Patrick Scott, head of revenue and growth at DefiLlama. DL News. “We have now offered them something even more valuable: a direct line to real, up-to-date blockchain data.”
LlamaAI translates users’ plain language prompts into a “structured query”, which it then runs on DefiLlama’s dataset.
DefiLlama tracks 469 blockchains, over 6,400 protocols, and nearly 20,000 liquidity pools. Although its data remains free, advanced analytics tools, including LlamaAI, are only available to LlamaPro subscribers.
Example queries include “What day of the week is best to buy Bitcoin?” » and “Who wins the war of DEX criminals?”
DefiLlama’s pseudonymous manager, 0xngmi, said the company has been working on LlamaAI for a year.
“I’ve tested AI products before, found them disappointing and never tried them again,” 0xngmi wrote on X. “I didn’t want this to happen to us, so we tweaked it for a year until we were proud of it.”
0xngmi said DL News the team implemented several safeguards to limit “hallucinations” – events in which an LLM produces erroneous information.
“We made it spit out data to minimize the chance of hallucinations, and we also tweaked it extensively to avoid them, but it could happen,” he said.
“In any case, we added source tracking so that it is possible to verify all statements made by the AI.”
Scott shared additional sample queries, such as “Identify protocols with growing revenue and TVL, but falling token prices” and “Create a scatterplot of market cap versus revenue.”
0xngmi said users should expect updates to the product over time.
“The launch is just the beginning,” he said.
Aleks Gilbert is DL News’ DeFi correspondent based in New York. You can reach him at aleks@dlnews.com.
