Coinfello’s Fello 2 uses AI to simplify Web3 tooling

Coinfello has launched Fello 2, an AI-driven agent that creates, executes and automates on-chain decentralized finance strategies from a single plain-language instruction while users retain non-custodial control of their wallets.

The platform uses an intent-driven framework to parse a user’s sentence, build a step-by-step execution plan for user approval, and then run continuous background monitoring and safety checks. The agent converts a one-line instruction into a sequence of automated actions across protocols and chains and can run those actions on a schedule or when conditions change.

Standard externally owned accounts (EOAs) can be monitored for risk or yield shifts without creating a new wallet. An automation wallet is required only when a user authorizes active fund transfers. Coinfello says the agent never holds private keys and operates through a delegation model that pre-screens transactions to block approval-phishing attempts, wallet-draining scripts and blind-signing requests.

The software factors in net returns when deciding to move funds, calculating gas, bridging and protocol fees to determine whether an on-chain action is economically sensible. If expected net benefit is negative, the agent will remain idle. Coinfello says the agent constructs an execution plan for the user to approve and then continues to track and adjust conditions, applying guardrails to reduce the risk of costly or unwanted transactions.

Minchi Park, Coinfello’s COO and co-founder, described the platform as addressing what the company views as a tooling learning curve rather than a finance learning curve, adding: ‘That is not a finance learning curve. It’s a tooling learning curve, and we’ve spent years mistaking one for the other.’ Park highlighted user drop-off that follows onboarding, citing routine tasks such as unclaimed yield, position drift and missed rebalancing as common reasons for quitting.

jacobc.eth, Coinfello’s co-founder and CEO, said users can ‘describe it once, and the automation handles the schedule, the steps, and the conditions in between-on a wallet you own, with nothing executed you didn’t approve.’

To mark the Fello 2 launch, Coinfello introduced a rewards program paid in MON, the native token of the Monad network. During an initial promotional period the company will return 100% of eligible swap fees to active users and their referrers. The program will continue with ongoing referral rewards without a cap on the percentage of swap fees earned, and future updates will allow earned rewards to be deposited into a self-custodial account managed by Fello for automated compounding.

Coinfello positions Fello 2 for users who understand financial strategies but seek to reduce repetitive maintenance and interface friction that can cause long-term drop-off. The company says agentic workflows will allow users to interact with multiple dApps via plain-language prompts while keeping custody of their funds.