Velvet August Update

Velvet’s DeFAI OS is live with AI 5 agents, Solana rewards, $VELVET on Coinbase, and 1M $VELVET up for grabs.

August was a busy month for the Velvet team - pushing the boundaries of DeFAI across chains, platforms, and user experience.

We launched our multi-agent AI system, launched rewards on Solana, shipped new design upgrades, and brought $VELVET trading to Coinbase users via Aerodrome.

Let’s break it down

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Multi-Agent Intelligence For DeFi and Trading

After launching the Velvet Unicorn Copilot earlier this year, this August we launched a massive update with our Multi-Agent AI.

Now instead of juggling dashboards and agents, Velvet gives you one interface - a CEO-agent - that delegates tasks to a network of expert agents behind the scenes.

• One agent to rule them all: No context-switching

• Smart routing: The CEO-agent engages the right specialist for every task

• Self-improving: New agents, new protocols, new strategies — all added on the fly

We’ve already integrated:

• Velvet Unicorn – Native end-to-end research and execution

• Loky AI – Real-time data infrastructure powering trading agents

• Athena – Tracks smart money on Hyperliquid

• SQDGN – Personalized vibe-trading agent powered by $SQD

• Gloria - An AI-powered provider of real-time, high-fidelity, customizable news intelligence

And that’s just the start.

Read more: The Multi-Agent Copilot

Other AI Updates

Multi-Chain Swaps: Velvet agents can now execute token swaps on Ethereum, Solana, and BNB Chain, making cross-chain automation a reality.

Wallet Intelligence: Agents now analyze user wallets directly — tracking balances, positions, and token allocations for smarter strategy suggestions.

Smarter Agent Collaboration: We enhanced our multi-agent architecture, improving communication between AI agents to make research, execution, and portfolio management more fluid and autonomous.

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Tech & Product Updates

Solana Gem Rewards: rewarding users for activity and engagement on Solana-based vaults and swaps.

Yield Token Expansion: Added dozens of DeFi yield tokens across categories like:

• Lending

• Liquid Staking

• Liquid Restaking

• RWAs

• Liquidity Pools

We also launched our Base App, offering smooth onchain access to Velvet functionality for a seamless experience on the growing Base App.

Velvet also unleased our new redesigned, AI-centric home page with a trade terminal alongside the Multi-Agent OS. This helps us improve the Velvet trading experience by putting AI at the front and center.

Portfolio Tracking Overhaul

We redesigned the My Position layout and integrated live price data from Codex API - giving users a more dynamic, accurate portfolio dashboard.

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Design: UX That Delivers

This month was packed with high-impact UI/UX improvements across the board:

• Split the Rewards page into two - Staking & Gems - for better clarity and gamification

• New AI landing page to spotlight our Copilot and make it accessible from day one

• Cleaner, more intuitive My Position layout

• Gem mining animations, modals, and confetti for better reward feedback

• Animated Gems button and Token AI Analysis UI polish

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Community Update

Along with pushing product updates, Velvet’s expanded our presence in the broader community through token launches and events.

• Launched the $VELVET–USDC pool on Aerodrome, making $VELVET tradeable via Coinbase DEX Trading

• Velvet team members attended the Base Onchain Summit (SF) and ETH Vietnam

• Kicked off Epoch 2 of the Gems Campaign - with 1,000,000 $VELVET in rewards

• Went live on the Base App, making it easier than ever to access Velvet from the Base ecosystem

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