The DeFi sector continues to grow — this week total value locked (TVL) exceeded $75bn. Yet the lion’s share of trading remains concentrated on CEX such as Binance and Coinbase.
Early February saw the start of beta testing for CeDeFiAi, an app for working with centralized and decentralized services. Here is what the project offers and how it improves the user experience for crypto traders.
What is CeDeFiAi and what problems does it solve
CeDeFiAi is a non-custodial platform for managing cryptoassets across DeFi protocols and both centralized and decentralized exchanges. The developers plan a full launch of the application by the end of February.
“To manage and track assets it is often necessary to interact with different user interfaces, numerous tabs and websites. CeDeFiAi is designed as a single platform to solve the problem of fragmentation in cryptocurrency markets,” ― the project team comments.
The platform offers the following services:
- Pro Trade Terminal ― a terminal for configuring orders on CEX via API, either manually or by selecting trading strategies such as DCA;
- Multi-Sig Asset Management ― a tool for managing multisig wallets;
- Investment Aggregator ― an explorer of liquidity pools and other investment tools in DeFi protocols;
- Dex Aggregator ― a DEX aggregator;
- Crypto Lendings ― a service for managing lending DeFi protocols.
The developers have issued the CDFi utility token. Holders can stake it and take part in decisions on the development of CeDeFiAi. At the time of publication, the project is distributing CDFi to private investors through closed token sales.
In future, the CeDeFiAi team plans to integrate support for AI‑based personalised recommendations.
Overview of CeDeFiAi’s tools
To access CeDeFiAI, launch the app in a browser and connect MetaMask, Rabby or WalletConnect.
The home page features a dashboard with an overview of a Web3 wallet’s balance, connected exchanges and DeFi protocols.
Clicking Portfolio opens the Connection Manager section, where you can add centralized exchanges’ APIs.
During the beta the platform supports only Binance. In due course the developers will add other venues, and users will be able to combine balances across multiple CEXs and trade through a single interface.
The DeFi section offers the following tools:
- Lending ― a panel for managing lending DeFi protocols. During the beta, Venus and Compound are available;
- Create LP ― a service for adding liquidity to pools on decentralized exchanges such as PancakeSwap;
- Bridge CDFi ― a bridge for moving the CDFi token between Ethereum, BNB Chain, Polygon, Arbitrum and other L2 networks;
- Swap ― an interface for exchanging assets via the 1inch DEX aggregator;
- Investment ― a dashboard with tokens locked in staking.
The CeFi section lets you manage orders on centralized exchanges in two trading modes: Single Pair and Packs. In the first, you select a platform and a single trading pair such as BTC/USDT; in the second, you create custom “packs” of trading pairs and switch between them quickly.
To add a pack, click Add pack, set a name, specify the quote and base cryptocurrencies, and then configure:
- the trade amount or the total pack amount;
- order type (market, limit, signal-based, take-profit and stop-loss);
- a DCA strategy.
The Tools section provides access to a news aggregator, the CeDeFiAi chat, the Revoke wallet-permissions tool and a service for buying CDFi tokens.
The team is actively building communities on X, Telegram and other social networks, and publishes trading ideas on TradingView.
Conclusions
CeDeFiAi streamlines interaction with DeFi and CeFi services by integrating them into a single interface. The platform does not hold users’ assets: it is enough to connect MetaMask or another Web3 wallet, while interactions with exchanges go via API.
At the time of publication, CeDeFiAi is in beta: the developers are expanding the list of supported protocols and services. Even now, clients can trade on Binance, swap tokens via 1inch and add liquidity on PancakeSwap.