WaterX has launched a decentralized AI-native trading engine on the Sui blockchain, designed for continuous AI-assisted and autonomous trading across various asset classes, including cryptocurrency and tokenized equities. As a participant in the Sui Foundation’s DeFi Moonshots Program, WaterX aims to enhance Sui’s DeFi ecosystem by enabling both algorithms and human traders to operate on the same platform. Built to meet the demands of next-generation trading, WaterX incorporates features such as SessionCap permissions for secure trading and a MCP server for seamless integration with language models, supporting the shift to programmatic finance.
Sui: Sui is a high-performance Layer 1 blockchain built for fast execution, deterministic performance, and programmable assets, enabling next-generation financial applications. Its architecture supports mass adoption through speed, scalability, and composability for DeFi and AI agents. In this news, Sui powers WaterX’s AI-native trading engine, highlighting its suitability for agentic commerce and onchain finance.
WaterX: WaterX is a decentralized AI-native trading engine on Sui designed for 24/7 AI-assisted and autonomous markets across crypto, tokenized equities, and commodities. It launches with programmatic access, agent permissions, and features like SessionCap for secure permissions and MCP server for LLM integrations. As the latest Sui DeFi Moonshots recipient, WaterX debuts early access to support both agents and human traders on Sui.
Mysten Labs: Mysten Labs develops the Sui blockchain, providing infrastructure for scalable smart contracts and web3 applications. It backs ecosystem projects through technical support and innovation in consensus and permissions. In this news, Mysten Labs supports WaterX, with its CPO praising the platform’s alignment with Sui’s strengths.
Sui Foundation: The Sui Foundation nurtures the Sui ecosystem via programs like DeFi Moonshots, selecting elite teams for category-defining financial products. It offers technical collaboration, security audits, and go-to-market assistance to recipients. In the news, it backs WaterX as part of the Moonshots Program to advance AI-driven DeFi on Sui.
Adeniyi Abiodun: Adeniyi Abiodun is Co-Founder and Chief Product Officer at Mysten Labs, specializing in web3 platforms and blockchain infrastructure. He focuses on high-performance payments and financial tooling on Sui. In the news, he highlights WaterX’s design for autonomous trading and LLM integration as a path to agentic AI on Sui.
`json
{
“DeFi Moonshots”: “The Sui Foundation’s program selects leading teams such as WaterX to develop innovative financial products within the ecosystem.”,
“AI Infrastructure”: “WaterX introduces SessionCap permissions and MCP server to enable seamless autonomous trading driven by AI on the Sui platform.”,
“Ecosystem Momentum”: “Sui is attracting developers seeking to create high-performance applications as the finance industry evolves toward programmatic onchain and agent-driven markets.”
}
`