PANews reported on November 13th that, according to Cryptopolitan, Pump.fun announced the launch of an experimental Mayhem mode, allowing AI agents to participate in the trading of newly issued tokens. This automated bidding method represents a breakthrough for both AI agents and the Mayhem coin, as most agents previously relied on human assistance. Pump.fun stated that the mode aims to increase early trading volume by introducing AI agents, but did not explicitly announce the participating agents, leaving it to the community to discover from relevant documents. Unlike previous methods, the AI agents will not create new tokens. Token creators on Pump.fun must select the Mayhem mode before issuance. This mode will not apply to existing or graduated tokens on the Pump.fun binding curve. The AI agent will issue 1 billion new tokens for each Meme coin, bringing the total supply to 2 billion. The AI agent will then randomly trade these tokens, increasing initial trading risk and volatility. After a 24-hour period, unsold tokens and tokens sent to the AI agent's wallet during this period will be destroyed without affecting its buying and selling decisions. The AI agent may randomly sell more tokens, potentially exhausting the binding curve and preventing human traders from selling. Given the prevalence of front-running bots, this AI agent may primarily compete with simple trading bots.PANews reported on November 13th that, according to Cryptopolitan, Pump.fun announced the launch of an experimental Mayhem mode, allowing AI agents to participate in the trading of newly issued tokens. This automated bidding method represents a breakthrough for both AI agents and the Mayhem coin, as most agents previously relied on human assistance. Pump.fun stated that the mode aims to increase early trading volume by introducing AI agents, but did not explicitly announce the participating agents, leaving it to the community to discover from relevant documents. Unlike previous methods, the AI agents will not create new tokens. Token creators on Pump.fun must select the Mayhem mode before issuance. This mode will not apply to existing or graduated tokens on the Pump.fun binding curve. The AI agent will issue 1 billion new tokens for each Meme coin, bringing the total supply to 2 billion. The AI agent will then randomly trade these tokens, increasing initial trading risk and volatility. After a 24-hour period, unsold tokens and tokens sent to the AI agent's wallet during this period will be destroyed without affecting its buying and selling decisions. The AI agent may randomly sell more tokens, potentially exhausting the binding curve and preventing human traders from selling. Given the prevalence of front-running bots, this AI agent may primarily compete with simple trading bots.
Pump.fun introduces the Mayhem mode, which allows AI agents to automatically participate in new coin auctions to increase early trading volume.
PANews reported on November 13th that, according to Cryptopolitan, Pump.fun announced the launch of an experimental Mayhem mode, allowing AI agents to participate in the trading of newly issued tokens. This automated bidding method represents a breakthrough for both AI agents and the Mayhem coin, as most agents previously relied on human assistance. Pump.fun stated that the mode aims to increase early trading volume by introducing AI agents, but did not explicitly announce the participating agents, leaving it to the community to discover from relevant documents. Unlike previous methods, the AI agents will not create new tokens.
Token creators on Pump.fun must select the Mayhem mode before issuance. This mode will not apply to existing or graduated tokens on the Pump.fun binding curve. The AI agent will issue 1 billion new tokens for each Meme coin, bringing the total supply to 2 billion. The AI agent will then randomly trade these tokens, increasing initial trading risk and volatility. After a 24-hour period, unsold tokens and tokens sent to the AI agent's wallet during this period will be destroyed without affecting its buying and selling decisions. The AI agent may randomly sell more tokens, potentially exhausting the binding curve and preventing human traders from selling. Given the prevalence of front-running bots, this AI agent may primarily compete with simple trading bots.
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