Recently, Huobi HTX launched the tenth episode of its new column Dialogue with HTX Partners. In the program, $swarms founder KyeGomezB, Huobi HTX investment research team, and 0x Leon discussed the new trends and development prospects behind the popularity of $swarms and the AI Agent track with the theme of AI AGENT track is hot, Huobi assets have increased by up to 8844%, listen to HTX teach you how to seize wealth opportunities!
At the beginning of 2025, the AI Agent track continued to soar, with the market value of the two major ecosystems, ai16z and Virtual, exceeding US$2 billion and US$5 billion respectively, setting a new record high. $swarms broke through the siege like a dark horse, with a market value of up to US$480 million, attracting widespread attention from the market.
Swarms is a multi-agent collaboration framework. Its core is to provide the core component of framework and functions such as long-term memory and task decomposition, which helps multiple AI agents to collaborate seamlessly in the same network to decompose and process complex tasks. According to KyeGomezB in the live broadcast, Swarms can get data from the API in real time. For example, give it a currency name, and it can get all relevant data, including order books, prices and other data. Basically, these agents will communicate with each other about the currency and all indicators in the past 24 hours. Its easy to use and really cool.
The Birth of Swarms
Huobi HTX: $swarms is gaining momentum. What initially inspired you to develop this project?
KyeGomezB: I have been engaged in AI research for many years. When ChatGPT came out, everyone thought it was amazing. However, ChatGPT has many problems: 1. Hallucination. If you continue to use ChatGPT, it will always say some inaccurate information at some point. This is a big problem that always exists. 2. Memory. ChatGPT has a preset memory limit, which is the so-called context limit. 3. Accuracy problem.
These issues have essentially prevented enterprises from adopting generative AI because it can only solve one problem at a time. However, enterprises dont want to automate just one problem, they want to solve multiple problems. So we found that if we could get multiple ChatGPTs working together, we could solve these problems. This would really allow AI to be used at scale in enterprises. This is also why we originally discovered the concept of multi-agent collaboration - having multiple AIs working together is more effective than a single AI.
Swarms Current Status and Future Development
Huobi HTX: The entire market is currently in a correction phase. What barriers do you think Swarms is facing? What solutions will there be?
KyeGomezB: One of the reasons for the current market correction may be that some large institutions or funds are manipulating the market, trying to get a better entry price before Trump takes office. If Trump really fulfills his promise to the crypto market, it is likely to trigger the biggest bull run in history.
For Swarms, the current goal is to expand the ecosystem as much as possible and provide as many payment APIs and products as possible.
Huobi HTX: What is the current progress of Swarms and what will be the next steps?
KyeGomezB:Swarms Wallet API is basically done. Now it’s mainly about making sure it is very secure and reliable. We will release news as soon as we finish testing, hopefully this week. We are currently having agents simulate dozens of attacks to make sure no one can crack it. In addition to this, there are plans to integrate $swarms token payments in our market.
We are designing a program for other marketplaces and AI startups to integrate $swarms as a payment method. For example, we are developing a one-click payment link that uses $swarms tokens that anyone can easily integrate into their own website. In parallel, other payment infrastructure is also being built. The above is the first phase of Swarms.
Phase 2: Launch of the Agent Token Exchange, where users can issue tokens or tokenize their own agent $swarms, similar to a decentralized exchange.
Users can assign tasks to agents, and the exchange will verify the performance of the agents. After that, the agents can be tokenized and used by others, while earning income from them. In addition, with $swarms tokens as a payment method, transactions will be fast and secure.
Phase 3: Automatic fiat currency conversion will be enabled. Users can purchase $swarms tokens with fiat currencies such as USD and Rupee, or convert them into fiat currencies.
Our goal is to create agents that can solve problems in the fields of healthcare, insurance, finance, manufacturing, etc., such as transaction agents, insurance agents, manufacturing agents, etc. We focus on long-term value and hope to solve real problems through these agents, and ultimately make organizations more automated until all companies are fully automated, rather than just creating entertaining Memes.
Market and development trend of AI Agent
Huobi HTX: In the Web3 narrative, how can AI Agent break through the monopoly of Western elites? How can AI Agent in the fields of finance, lending, and healthcare be better implemented?
KyeGomezB: AI is perfectly suited to the financial sector, it can analyze encrypted data, stocks, ETFs, index funds, etc. in real time. This is a preliminary application direction. I am also very optimistic about medical agents, which is why we are building MCS (Medical Swarm). I think decentralized medicine will help people save billions of dollars and save millions of lives.
In addition, insurance will also become a very important field, analyzing claims and automating claims. I also hope to see the application of Swarms in the agricultural field, because the human population is growing and needs more food, and I think AI can automate the entire farm very well.
Another area is manufacturing, which is more customized. We will build some super customized applications based on Swarms to enable deep customization for each specific industry. Take MCS as an example. It needs to pay special attention to the security of medical data, because once the data is leaked or hacked, the consequences will be disastrous. Therefore, MCS has focused on ensuring compliance with the security compliance requirements of the medical industry from the beginning. Other industries will have similar security needs. We will develop specialized Swarm systems based on the characteristics of different industries to support customized functions and integration.
Huobi HTX: Recently, Huobi HTX has launched a lot of new assets related to AI narratives. In the January report card, we saw that Huobi’s assets rose by as much as 8844%. From the user’s perspective, how can we seize such a large increase?
Huobi HTX Research Team: The AI track is our focus, but choosing the right investment target is a challenge. Many currencies with significant gains have been listed on Huobi HTX in the early stage, and may experience multiple fluctuations in the process, so how to hold firmly and avoid being disturbed by short-term market fluctuations is the key. I believe that if you have faith, you can hold on. If you believe in the future potential and opportunities of the AI track or a certain currency, it will be easier to remain patient and continue to hold in the market fluctuations.
0x Leon: Short-term analysis is very important, and we are constantly exploring and optimizing our trading tools. In the long run, fundamentals are the key to decision-making, but they are still in a relatively chaotic state. How to combine new productivity with existing industries to achieve synergy will be an important highlight worth paying attention to in 2025.