Fungi is the first DeFi AI agent powered by Fungi Studio, built to autonomously manage and optimize onchain capital across protocols and networks - fully non-custodial, with zero micromanagement required.

Currently focused on USDC yield optimization on Base, Fungi evaluates protocols like Aave, Morpho, Fluid, and Moonwell every 24 hours. It considers APRs, rewards, slippage, gas, liquidity, and risk to determine whether reallocating capital will improve net returns. When it makes sense, Fungi reallocates using smart contract logic all on your behalf, while you stay in control.

The Yield comes from:

1. Lending yields - by supplying USDC to protocols like Aave, Morpho, Moonwell, and Fluid, it earns interest from borrowers.
2. Protocol incentives - some protocols reward lenders with extra USDC or native tokens to boost liquidity.

Fungi scans all supported protocols daily and reallocates funds to the highest net APY, balancing risk and reward?so your dollars keep working, even while you sleep.

Fungi is fully non-custodial by design - users retain complete control over their funds at all times.

When a user deposits, a dedicated smart wallet is created under their ownership. Fungi operates through session keys, which grant limited, revocable permissions to perform specific actions like reallocating funds between approved protocols (Morpho, Fluid, Moonwell, Aave).

Fungi cannot withdraw to external addresses or act outside its predefined strategy.

Think of Fungi as an automated yield manager with a strict permission set optimizing within safe bounds, while you hold the keys.