The intersection of AI and crypto has opened up new avenues for intelligent software agents to operate within DeFi and onchain ecosystems. AI agents can leverage their ability to rapidly analyze massive data sets to spot patterns and opportunities in crypto by executing automated trading strategies, providing predictive analytics, and aiding in portfolio optimization. Furthermore, AI agents can also employ natural language technology to execute these strategies in a way that feels intuitive and seamless, without needless manual execution.
As crypto continues to evolve, AI agents will play an increasingly important role. However, we and Spectral Labs believe that crypto is still massively constrained by UX limitations, including those stemming from a subpar wallet experience. By deploying AI agents such as their SYNTAX AI, Spectral Labs recognizes the potential for agents to fundamentally transform how users interact onchain and redefine the industry’s current UX paradigm.
Here’s how they’re doing it with Turnkey:
The problem: Limitations of existing crypto UX
Wallet UX in crypto is still largely a limiting factor in how humans currently interact with onchain applications and protocols. Manually managing wallet addresses and seed phrases can be a pain for new entrants, and even experienced users are often forced to navigate fluctuating transaction fees, sandwich attacks, and gas volatility across multiple chains and assets.
Spectral Labs is building its SYNTAX platform, which allows users to create their own onchain AI agents, to address these onchain UX challenges. However, agents require an even higher level of trust and security to execute on behalf of the user, so that a user’s intent is aligned with the actions of the AI agent. How can you create an agentic wallet that is capable of executing complex financial transactions, without compromising on security or performance?
The solution: Creating non-custodial, secure wallets for AI Agents
In order for SYNTAX’s agents to autonomously and trustlessly deploy and run smart contracts, Spectral Labs integrated Turnkey to create Smart Wallets for each agent. As a result, an AI agent can send any arbitrary smart contract action to a paymaster via the Agent Wallet, without manual verification from a third party. Here’s how that works:
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Once users are signed into the SYNTAX platform, they are prompted to create a Gas Tank and an Agent Wallet
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Agent Wallets are set up as a 1:2 multisignature contract where both AI agents and Spectral Labs SYNTAX users can broadcast transactions from a single wallet
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Users can then request the Agent to perform onchain transactions via Spectral Labs’s Execution Engine, and deposit funds into the wallet for said transactions
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Turnkey signs transactions on behalf of the Agent wallet without triggering a third-party verification flow
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Only AI agents and their respective users have access to their private keys
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Turnkey’s flexible policy engine provides fine-grained controls for how Agents use their private keys, including platform-wide limits for transaction amounts and signature patterns
Turnkey is excited to collaborate with Spectral Labs to create autonomous AI Agents frictionless onchain interactions. By utilizing Turnkey’s secure embedded wallets, scalable signing primitives, and flexible policy engine, Agent Wallets within Spectral SYNTAX are an exciting step forward for the intersection of crypto and AI.
About Spectral Labs
Spectral Labs is pioneering the machine intelligence network for the Onchain Agent Economy. The company's flagship product, Spectral Labs Syntax, enables users to create Onchain Agents by translating natural language intents into executable code. These Agents seamlessly interact via the Inferchain, a dedicated chain for agent engagement, ownership, and communications, allowing users to handle complex onchain operations autonomously and transparently. With over 60,000 users, Syntax has generated more than 1 million smart contracts and engaged agents in complex onchain tasks, such as launching over 4,700 memecoin projects. By enabling users to build and utilize AI Agents that can autonomously perform sophisticated tasks, Spectral Labs is committed to transforming how users interact in Web3, empowering them to create exponential value onchain. For more information, [visit their website](https://Spectral Labslabs.xyz/), or follow Spectral Labs on Twitter and Discord.
About Turnkey
Turnkey is secure, flexible, and scalable wallet infrastructure offering low-level primitives for teams building onchain applications and infrastructure. Founded by the team that built Coinbase Custody, Turnkey is powering serious applications across a wide range of use cases, from wallets-as-a-service to programmatic backend crypto automation. By leveraging a novel security framework, Turnkey achieves 50-100ms signing latency for millions of wallets, all with affordable transaction-based pricing that’s designed for scale.