DefiLlama, a data platform for decentralized finance, has released LlamaAI, an AI tool that enables users to query live crypto data using plain language. The large language model translates prompts into structured queries against DefiLlama's extensive blockchain dataset. Available to LlamaPro subscribers, it includes guardrails to minimize errors known as 'hallucinations.'
DefiLlama announced the launch of LlamaAI on its platform, marking a new integration of artificial intelligence with real-time cryptocurrency data analysis. The tool, described as a large language model similar to OpenAI’s ChatGPT or Anthropic’s Claude, allows users to input plain-language prompts that are converted into structured queries run against DefiLlama’s dataset.
DefiLlama tracks 469 blockchains, more than 6,400 protocols, and nearly 20,000 liquidity pools, providing a comprehensive view of the DeFi ecosystem. While core data access remains free, advanced features like LlamaAI are exclusive to LlamaPro subscribers.
Patrick Scott, head of revenue and growth at DefiLlama, explained the tool's value: “LLMs excel at understanding language. We’ve now given them something even more valuable: a direct line to real, up-to-date blockchain data.”
The development of LlamaAI took about a year, led by DefiLlama’s pseudonymous head, 0xngmi. He shared on X: “I previously tested AI products, found them underwhelming and never tried them again. Didn’t want it to happen to us, so we’ve been refining it for a year till we were proud of it.” To address potential inaccuracies, the team implemented guardrails and fine-tuning. 0xngmi noted: “We made it so it spits out data to minimize the chance of any hallucinations, and we also fine tuned it extensively to avoid them, but it could happen. In any case, we added source tracking so it’s possible to verify all statements made by the AI.”
Example queries include “Which day of the week is best to buy Bitcoin?” and “Who’s winning the perp DEX wars?” More complex ones are “Identify protocols with growing revenue and TVL, but declining token prices” and “Create a scatter plot of market cap vs revenue.”
0xngmi indicated ongoing improvements: “The launch is just the start.”