The automation thesis has been running for years — Keep3r, Gelato, Chainlink Automation already execute on-chain strategies for thousands of protocols without LLMs anywhere in the loop. AI agents layer heuristic decision-making on top, but that's where the problems hit: naive agents on public mempools get sandwiched into negative alpha, and ERC-4337 session keys with bounded spend limits still aren't default-supported in major wallets. $aixbt's market cap tracks narrative momentum, not on-chain volume — pull the agent-executed tx data and it's mostly testnets and memecoin degen plays, not serious DeFi.

Top comment by @Benthic