Kava, one of the top players in the crypto industry, announced the launch of Kava AI on the BNB Chain. This expansion has brought its AI tools to one of the leading cryptocurrency chains.
The launch enables developers on the BSC Chain to access its tools without leaving their native environment. This includes tools like cross-chain yield optimization, portfolio management, and on-chain inference.
Most importantly, the launch brings down the barriers that have long existed between Kava and the BSC Chain. In a statement, Scott Stuart, the founder of Kava Labs, said:
“With over 4 million daily users, lightning-fast transactions, and fees that are a fraction of competitors’, BNB Chain accelerates our mission to make decentralized AI truly accessible. It enables seamless, real-time tools for yield optimization and portfolio automation—directly integrated with Binance wallets—empowering developers and everyday users to thrive in a more intelligent, interconnected DeFi landscape.”
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Kava Labs runs a top-layer-1 network in the crypto industry, enabling users to build decentralized applications. Its main feature is that it combines the speed and interoperability of Cosmos with the power of Ethereum. Its transactions cost just $0.0001, making it one of the cheapest networks.
Data compiled by DeFi Llama shows that 148 DeFi protocols are on Kava, with their total value locked being $120 million. It has over $141 million in stablecoin supply.
Kava also runs Kava Chat, a tool similar to ChatGPT that offers search solutions.
Meanwhile, BSC Chain has become one of the biggest layer-1 chains in the crypto industry with a TVL of over $11 billion and a stablecoin supply of $14 billion. BSC has implemented three upgrades this year, which have significantly increased its speed compared to other similar chains.
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