What Is Almanak (ALMANAK)? A Guide to AI-Driven DeFi Trading on Phemex

Summary Box (Quick Facts)

• Ticker Symbol: ALMANAK

• Chain: Ethereum

• Contract Address: 0xdefa1d21c5f1cbeac00eeb54b44c7d86467cc3a3

• Circulating Supply: 270 Million ALMANAK

• Total Supply: 1 Billion ALMANAK

• Primary Use Case: An AI-powered, no-code platform for creating and automating DeFi strategies.

• Current Market Cap: Approximately $9.77 Million

• Availability on Phemex: Yes (Spot)

What Is ALMANAK?

Almanak (ALMANAK) is a sophisticated decentralized finance (DeFi) platform that empowers users to build, test, and deploy automated quantitative trading strategies using an institutional-grade "AI Agent Swarm." The platform's primary goal is to solve the complexity of DeFi by democratizing access to financial intelligence that was once exclusive to hedge funds. What is Almanak? In essence, it’s a tool that compresses the development cycle of advanced financial strategies from months to mere minutes, all without requiring any coding knowledge.

Almanak explained simply, moves beyond the static, rule-based automation common in DeFi. It provides a framework where AI agents can analyze market patterns, manage risk, and adapt to changing conditions, making institutional-grade strategy creation accessible to active traders, developers, and investment professionals.

How Many ALMANAK (ALMANAK) Are There?

Understanding the token supply is crucial for evaluating a project's potential. For Almanak, the tokenomics are designed to support a long-term vision.

• Max vs. Circulating Supply: The maximum total supply of ALMANAK is capped at 1 billion tokens. The current circulating supply is 270 million ALMANAK. This structure suggests that a majority of tokens are reserved for future ecosystem incentives and development.

• Fully Diluted Valuation (FDV): The project has a fully diluted valuation of approximately $36.3 million. This figure represents the project's market cap if all 1 billion tokens were in circulation today. The emission schedule will determine how many years it takes for the full supply to enter the market.

• Inflationary/Deflationary Model: With a fixed maximum supply, the ALMANAK token is designed to be deflationary over the long term, as no new tokens can be minted beyond the 1 billion cap.

What Does ALMANAK (ALMANAK) Do?

The ALMANAK token is the core utility asset that powers the platform’s incentive, governance, and resource-allocation systems. The Almanak use case is multifaceted, serving both strategy creators and liquidity providers.

• Staking and Resource Access: Users can stake ALMANAK tokens to receive discounts on the computing resources consumed by the AI agents. Staking also boosts a user's voting power in governance decisions.

• Emissions and Incentives: The ecosystem rewards participants through token emissions. Strategy creators are rewarded for building high-performing vaults, while liquidity providers earn rewards proportional to their capital contribution and its return on investment.

• Governance (veToken Model): By locking ALMANAK tokens, holders receive veALMANAK, a governance token. This grants them the power to influence which investment vaults receive emission boosts, vote on protocol-level changes, and fund ecosystem initiatives.

• Incentivizing Platform Activity: In a model inspired by "Curve Wars," other protocols can incentivize veALMANAK holders to direct token emissions toward vaults that interact with their applications, driving activity across the ecosystem.

ALMANAK vs. Mamo

Both Almanak and Mamo operate within the AI and DeFi sectors, but they target different user experiences and applications. Here’s how they compare:

The Technology Behind ALMANAK

Almanak’s foundation is a powerful combination of AI and secure blockchain infrastructure. It is designed to replicate the rigor of a professional quantitative trading desk.

• AI Agent Swarm: This is a multi-agent AI system where different agents specialize in research, strategy coding, backtesting, risk optimization, and deployment.

• On-Chain Vaults: Users can turn their profitable strategies into tokenized, on-chain products called Vaults. This allows others to invest in a strategy's performance by purchasing its vault tokens, and it enables creators to monetize their work by charging fees.

• Non-Custodial Wallets: The platform is built on Safe and Zodiac, industry standards for smart contract wallets and permission management. This ensures users delegate specific, limited permissions without ever giving up custody of their assets.

• Python-Based Environment: It features a high-performance Python environment for defining strategy logic, a language widely used in professional quantitative finance.

Team & Origins

Almanak was developed by Algo Theory INC. While the project doesn't heavily publicize individual founders, it has garnered significant support from prominent venture capital firms in the crypto space, including Delphi Labs, HashKey Capital, BanklessVC, and RockawayX. This backing indicates strong industry confidence in its vision and technology.

Key News & Events

• Strong VC Backing: The project has successfully secured funding from a roster of well-known crypto investors, providing a solid foundation for development and growth.

• Increased Market Activity: Almanak has recently seen a significant increase in trading volume, signaling a rising interest from the broader crypto market. For the latest News about ALMANAK, traders should monitor its official channels and market data.

• Exchange Listings: The token’s availability on regulated, centralized exchanges like Phemex has been crucial for providing liquidity and accessibility for traders worldwide.

Is ALMANAK a Good Investment?

Deciding whether ALMANAK is a good investment requires careful consideration of its potential and risks. (Disclaimer: This is not financial advice. Crypto trading involves risks; only invest what you can afford to lose.)

Here's a balanced perspective on the ALMANAK investment potential:

• Market Positioning: Almanak is strategically positioned at the intersection of AI and DeFi—two of the most significant growth narratives in technology and finance. Its no-code platform has the potential to attract a broad user base.

• Technology and Utility: The platform's robust technology, non-custodial security, and strong token utility create a compelling value proposition. The "Almanak Wars" incentive model could also drive significant platform demand.

• Risks: As a relatively new project, its long-term performance is not yet proven. It faces risks related to market volatility, competition, and the evolving regulatory landscape for both AI and DeFi. The ALMANAK price is subject to significant fluctuation, like all cryptocurrencies.

Ultimately, its success will depend on its ability to attract and retain strategy creators and liquidity providers in its ecosystem.

How to Buy ALMANAK (ALMANAK) on Phemex

For traders looking to get involved, the process is simple. You can easily trade ALMANAK on the Phemex spot market. If you are new to our platform, please refer to our dedicated guide that explains How to buy ALMANAK step-by-step.

FAQs

1. What makes Almanak different from other DeFi platforms?
Almanak’s key differentiator is its AI Agent Swarm, which automates the entire lifecycle of a sophisticated financial strategy without requiring users to code. Its on-chain, tokenized vaults also allow creators to monetize their strategies in a permissionless way.

2. Is Almanak safe to use?
Almanak prioritizes security through a non-custodial system built on Safe wallets. This design ensures that users retain full control and custody of their funds at all times while delegating limited, specific permissions to the automated strategies.

3. What is the main use case for the ALMANAK token?
The ALMANAK token is central to the ecosystem. It is used for staking to get platform discounts, participating in governance (veALMANAK model), directing rewards to top-performing vaults, and incentivizing platform activity.

Summary: Why It Matters

Almanak represents a significant evolution in making sophisticated financial tools accessible to a broader audience. By integrating AI with a secure, non-custodial framework, it lowers the barrier to entry for quantitative trading and automated asset management in DeFi. For traders seeking to enhance their strategies and manage risk with greater efficiency, Almanak offers a glimpse into the future of finance.

Trade ALMANAK Now on Phemex