what's Olas?
Olas is a decentralized network that enables the creation, ownership, and monetization of AI agents through a composable stack for off-chain services, including automation, oracles, and co-owned AI. It operates as a protocol that incentivizes the development of these services in a decentralized manner, allowing users to pool resources and govern agent operations collectively. By leveraging blockchain for coordination, Olas addresses challenges in AI deployment, such as scalability and trust, fostering an ecosystem where agents can interact autonomously across applications. The platform features tools like the AI Agent Bazaar for hiring and integrating agents, and Pearl, an AI Agent App Store that simplifies user experience with Web3 benefits and Web2-level accessibility. Olas supports agent economies through mechanisms like bonding programs and accelerators, empowering developers to build and deploy agents for tasks ranging from data storage to market arbitrage. Its architecture emphasizes programmable blockchains to ensure privacy, interoperability, and community-driven innovation in the AI space. Olas has expanded its token ecosystem across multiple chains, facilitating liquidity and governance for agent networks. It promotes an open, co-owned model to counter centralized AI risks, enabling agents to perform complex operations like trading and prediction markets while maintaining verifiable logic and capital protection.
Olas is noted for decentralized AI's Agentic economy, agent coordination, and shared ownership.
contract
ethereum
celo
mode
xdai
optimistic-ethereum
base
solana
polygon-pos
arbitrum-one
Featured in a comprehensive overview of decentralized AI projects, specifically listed under "Agentic economy" category for agent coordination and value creation in decentralized services, and for shared ownership of agent services compared to DAOs for AI agents.
New Relay-powered functionality enables AI agents to bridge assets autonomously, with on-ramping and instant bridging features deployed live on Base network.
An AI influencer agent goes live on Base blockchain with Olas Marketplace integration for agent-to-agent commerce, LLM payments, and AI-generated images. The product includes partnerships with Safe, Web3Auth, Transak, and RelayProtocol, and is available on Pearl app store.
Olas Accelerator teams update progress on Pearl-integrated agents, with Pett AI building an autonomous pet-sitting agent that earns OLAS, while TrendMoon and BacklandLabs prepare for integration and two teams (Spartan Labs and OneSoul AI) face setbacks. Six teams across AI companions and social data aggregators report development status toward Pearl integration.
Integration with peaq network's Core Robotics SDK enables AI agent functionality for robotics and machine economy applications, allowing robots to become economic agents with autonomous capabilities.
A specific Modius agent (Agent 83) powered by Olas on Mode Network records 56% ROI over 123 days with 166% lifetime APR.
Prediction agents in Pearl v1 reach over 10 million on-chain transactions since 2023, up from 8.8M+ previously reported. CoinFund Partner Einar presents keynote on AI ownership at the Agents Unleashed event in Buenos Aires.
Team attends EFDevcon/Devconnect in Buenos Aires with talks, panels, and demos, hosting "Agents Unleashed" event focused on AI agents.
Pearl v1 now integrates CoinGecko API to provide real-time crypto market data for onchain AI agents.
x402-powered Pearl v1 AI agents deploy on Gnosis Chain and Optimism as one of the first in-production deployments on these chains, with 8.8M+ agent-to-agent transactions completed across networks since 2023.
Forbes publishes coverage about Olas, Bankr bot and other projects, discussing Pearl v1 and user-owned AI.
Safe wallet integration now enables Pearl agents with secure smart wallets.
New AI agent app goes live with Transak fiat onramp integration, Web3Auth social wallets, x402-powered zero-API-key functionality, and co-pilot plus autonomous agent operation modes, all fully open-source with self-hosted wallets and agents.
Pearl v1, the AI Agent App Store, is now live with simplified bridging and swapping features powered by LI.FI integration.
OLAS Balancer liquidity pools confirmed unaffected by Balancer v2 Composable Stable Pools attack as they are v2 WeightedPools rather than Composable Stable Pools, and BabyDegen DeFi agent users in Pearl (the AI agent app store) can withdraw funds or use copilot mode to deselect Balancer protocol.
Project partners for Agents Unleashed event in Buenos Aires during EFDevcon, described as another event in the recurring series.
An ongoing hack on Balancer v2 pools prompts active investigation by core contributors, though there is no clear indication of direct impact on OLAS Balancer pools.
Project participates in Open AGI Summit at EFDevcon, an open-source AI conference organized with SentientAGI for researchers, developers, and communities focused on open and accessible AI.
Builder from Valory confirms using Olas protocol for autonomous systems development after testing alternatives and finding no substitute in the market.
Project announces strategic pivot from building protocols as AI agents to focusing on AI agents as users of protocols in the short term, citing adoption challenges with co-owned autonomous services.
Multiple new AI agents from Olas Accelerator teams, including a dating coach and DeFi mindshare agent, are coming to Pearl app store.
Founding member publishes opinion piece in CoinDesk about AI agents transacting on-chain.
Protocol adopts x402 and ERC8004 marketplace standards, with Pearl v1 preparing to ship.
Recallnet launches Skill Markets, advancing verifiable and market-driven intelligence within the co-owned AI economy ecosystem.
Modius AI agent achieves 450% ROI in under 300 days and 600%+ APR during Pearl Beta testing on Mode Network, with learnings powering new Optimus agent now live on Optimism.
New Olas Contribute campaign launches offering rewards for users who stake OLAS and promote Pearl v1 on social media.
Derolas, a decentralized market-making system for DeFi liquidity coordination, joins the Accelerator program and begins building for Pearl AI Agent App Store.
Introduces new AIP called "Ultrasound PoL" and launches Mech Marketplace App as part of Q3 2025 achievements, alongside updates to Predict agents and BabyDegens platform.
Pearl v1, positioned as world's first self-custodial AI Agent App Store, officially announced with Fall 2025 launch date at Agents Unleashed Singapore conference, marking transition from beta to version 1 release.
Organizes 'Agents Unleashed Singapore' conference featuring multiple industry experts including VictorNotaro, Dazuck, Fenbielding, SydneyLai, IasonRovis, and ThomasMaybrier.
Pearl AI Agent App Store launches with 7 partner teams developing diverse AI agents across DeFi, dating, and research sectors, with multiple agents entering QA phase and nearing release.
New Contribute app launches with staking-based social media rewards program.
AI agents account for 8.5M out of 300M total Gnosis Chain transactions, demonstrating substantial adoption.
Accelerator team receives MVP approval for PettBro AI agent development on Pearl marketplace.
Joins GRID, world's largest intelligence network, through SentientAGI partnership.
Token circulation approaches 40% with burn mechanism active; major unlock scheduled for Summer 2026.
Core leadership maintains full-time commitment with team expansion to 40 members.
New AI Portfolio Manager 'Optimus' launches as latest agent offering
Pearl marketplace expands with six AI agents reaching 80-95% completion, including new staking integrations.
New DEX listings launched on Base network through Balancer and Aerodrome platforms, expanding market access and liquidity options.
Agent ecosystem achieves 8.9M transactions with new marketplace features including dynamic fees and async settlement.
New chat-based copilot feature enables interactive portfolio management through Optimus autonomous agent.
Migration to The Graph subgraphs begins, enabling detailed agent lifecycle tracking.
Pearl App integrates RelayProtocol to enable seamless fund transfers, while accelerator program expands with addition of PettBro Agent by Pett.ai.
New self-custodied, locally-hosted AI agents enable autonomous asset management without third-party dependency.
Pearl platform launches Prediction Agent with withdrawal functionality and enhanced prediction accuracy, while securing Sigil Fund as new podcast sponsor.
New ROI tracking feature launches for Prediction Agent on Pearl platform, alongside integration with Irys in AI Agent Bazaar, expanding tracking capabilities and marketplace functionality.
New governance proposal introduces agent wallet recovery feature and redistributes token incentives to enhance staking mechanism.
Record-breaking attendance of 828 people at Agents Unleashed event signals growing community interest in AI agents.
New LP AI agent Optimus focuses on stablecoin liquidity provision with local device execution capability.
New exchange listing on Derivex expands market access, while platform adds image generation capability and performance tracking features for prediction agents.
CEO speaking at Real-World Asset Summit in Cannes on July 1, featuring dedicated spotlight session in collaboration with Centrifuge and Tioga Capital, signals strategic expansion into RWA sector.
Optimus agent now powered by CoinGecko API for improved DeFi data and functionality.
New LI.FI integration enables automated cross-chain fund movement for Prediction and Optimus AI agents on Pearl marketplace.
Upcoming announcements planned at Agents Unleashed event in Cannes, followed by Q2 retrospective and Q3 outlook.
Agent Optimus launches real-time tracking functionality on Optimism network, expanding cross-chain capabilities and infrastructure reach.
Accelerator program updates show 5 teams actively developing AI agents across dating, DeFi, DAO governance, research, and funding verticals.
OneSoul AI joins accelerator program to develop dating coach AI agent for Pearl marketplace.
New prediction market AI agent launches powered by Graph Protocol integration for real-time market data
New infrastructure partnership with Tenderly powers Modius & Optimus systems while two new products launch: AgentDB for AI agent infrastructure and Mech Marketplace for AI collaboration.
New token emission curve implements 238.3M OLAS reduction in maximum supply over next decade.
Pearl marketplace launches AI agent ownership functionality while Modius introduces Smart Whitelist feature, expanding protocol capabilities across two key products.
Lilypad Tech joins accelerator to develop AI Research Assistant agent for Pearl marketplace.
Backland Labs joins accelerator program to develop autonomous DAO governance tool Quorum Agent
Automated bridging functionality now live between Ethereum and Base networks through Modius on Pearl marketplace, expanding beyond previous Gnosis chain concentration.
Protocol achieves 7M transaction milestone with marketplace now processing thousands of fee-generating transactions daily.
Sponsors EthPrague conference (May 27-29) with team members @victornotaro and @kupermind presenting.
New partnership with CoinGecko provides market data for DeFAI trading agents Modius and Optimus.
Protocol implements drastic reduction in maximum token emissions.
Major financial infrastructure expansion with Visa/Mastercard integration for AI agents and VelodromeFi partnership for stablecoin liquidity management, while launching Pearl as an agent marketplace.
AI agents have 99.09% transaction concentration on Gnosis chain.
Network achieves 6M+ transactions on Gnosis Chain while launching multiple new AI agents and tools.
Major organizational restructuring includes new COO appointment and co-founder launching dedicated growth-focused startup.
Former CPO leaves core team to build independent applications while new COO joins, signaling strategic shift toward greater ecosystem decentralization and product-market fit focus.
Agents achieve milestone of 6M+ transactions while ecosystem expands with 6th accelerator team and new staking model implementation.
Millions of agent-to-agent transactions currently processed, with upcoming presentation at Dubai's Hack Seasons Conference on May 2.
New AI-powered funding platform Supafund joins accelerator program, building on Pearl Agent App Store.
New staking model rolls out alongside multiple product launches including Pearl gateway, Mech Marketplace, and Rate Rover on Arbitrum.
$15K bounty program launches for developer integration with Mech Marketplace at ETHLisbon (May 9-11).
Network reaches 3.6M transactions and 2.1K+ deployed agents while achieving 50% accelerator capacity.
New AI agent Rate Rover launches on Arbitrum, performing lending rate arbitrage across Dolomite, Compound, and Fluid protocols.
Spectral Labs joins accelerator program to build trading intelligence agent for Pearl marketplace.
Spectral Labs joins accelerator program to develop AI trading agent with market insights functionality.
Platform achieves 3.6M transactions with 2.1K+ deployed agents, launches new Pearl app and Modius chat feature.
Record-breaking 5.25M agent transactions and 600+ daily active agents achieved alongside launch of three new products: Pearl (Agent App Store), Mech Marketplace, and Modius (Asset Manager).
Platform reaches 600+ daily active AI agents conducting autonomous on-chain transactions.
Two new AI agent marketplaces launch with 5.2M total transactions completed in Q1 2024.
Protocol present on 9 chains with protocol-owned liquidity. Over 500 daily active agents, working permissionless coordination mechanism for agent swarms on mainnet.
Reached 500 daily active AI agents milestone. Offers Pearl platform for running autonomous AI agents.
Mentioned as a base layer for AI agents.