Recently, I looked into the activity of AI agents on the blockchain, and it’s quite interesting.

Data from the first quarter of this year shows that these autonomous AI systems on the blockchain are booming. On Fetch.ai’s Agentverse platform, there are 150,000 autonomous agents running, with a total transaction volume of up to $780 million in the quarter. Meanwhile, SingularityNET’s AI service marketplace is even more impressive, with monthly call volumes reaching 8 billion, and monthly revenue hitting $45 million. Bittensor is also not to be outdone, with the number of subnets expanding to 128, covering cutting-edge fields like protein design and code generation.

Overall, the GDP (total transaction value) of AI agents grew by 400% this quarter, reaching a scale of $2.5 billion. This growth rate is indeed quite rapid.

However, behind the boom, there are also concerns. For example, who is responsible if a transaction executed by an agent encounters issues, how to align the agent’s value objectives without deviation, and whether the market could be manipulated by agent strategies—all these questions still lack clear answers. This is also why, although the prospects in this field are promising, regulatory discussions are heating up.