Th&#7883; tr&#432;&#7901;ng DeFi &#273;&atilde; ch&#7913;ng ki&#7871;n s&#7921; t&#259;ng tr&#432;&#7903;ng &#7845;n t&#432;&#7907;ng, tuy nhi&ecirc;n, s&#7921; bi&#7871;n &#273;&#7897;ng li&ecirc;n t&#7909;c v&#7851;n l&agrave; &#273;&#7863;c &#273;i&#7875;m n&#7893;i b&#7853;t khi n&#259;m 2025 d&#7847;n k&#7871;t th&uacute;c. H&#7879; sinh th&aacute;i n&agrave;y &#273;&#7841;t m&#7913;c k&#7927; l&#7909;c 237 t&#7927; USD trong t&#7893;ng gi&aacute; tr&#7883; b&#7883; kh&oacute;a (TVL) v&agrave;o qu&yacute; 3/2025, nh&#432;ng s&#7921; h&#7913;ng kh&#7903;i n&agrave;y kh&ocirc;ng k&eacute;o d&agrave;i l&acirc;u. &#272;&#7871;n cu&#7889;i th&aacute;ng 11, t&#7893;ng TVL &#273;&atilde; gi&#7843;m 55 t&#7927; USD, xu&#7889;ng c&ograve;n 123 t&#7927; USD.
D&ugrave; c&oacute; nh&#7919;ng bi&#7871;n &#273;&#7897;ng m&#7841;nh m&#7869; n&agrave;y, s&#7921; tham gia v&agrave;o DeFi kh&ocirc;ng ch&#7881; &#7893;n &#273;&#7883;nh m&agrave; c&ograve;n t&#259;ng l&ecirc;n &#273;&aacute;ng k&#7875;. H&#417;n 14,2 tri&#7879;u v&iacute; &#273;&atilde; tham gia v&agrave;o h&#7879; sinh th&aacute;i n&agrave;y trong n&#259;m nay, v&agrave; Ethereum ti&#7871;p t&#7909;c chi&#7871;m kho&#7843;ng 63% to&agrave;n b&#7897; ho&#7841;t &#273;&#7897;ng DeFi.
M&#7913;c &#273;&#7897; tham gia cao n&agrave;y c&oacute; th&#7875; &#273;&#432;&#7907;c xem nh&#432; l&agrave; m&#7897;t b&#7857;ng ch&#7913;ng cho ti&#7873;m n&#259;ng c&#7911;a DeFi. Tuy nhi&ecirc;n, theo m&#7897;t s&#7889; chuy&ecirc;n gia, s&#7921; bi&#7871;n &#273;&#7897;ng &#273;&atilde; b&#7897;c l&#7897; m&#7897;t th&aacute;ch th&#7913;c c&#417; b&#7843;n: nhu c&#7847;u li&ecirc;n t&#7909;c ph&#7843;n &#7913;ng v&#7899;i &#273;i&#7873;u ki&#7879;n th&#7883; tr&#432;&#7901;ng, &#273;&#7863;t th&agrave;nh c&ocirc;ng ngo&agrave;i t&#7847;m v&#7899;i c&#7911;a h&#7847;u h&#7871;t ng&#432;&#7901;i d&ugrave;ng.
Ng&#432;&#7901;i d&ugrave;ng &#273;&#432;&#7907;c k&#7923; v&#7885;ng ph&#7843;i li&ecirc;n t&#7909;c theo d&otilde;i ph&#7841;m vi thanh kho&#7843;n, &#273;i&#7873;u ch&#7881;nh v&#7883; tr&iacute;, v&agrave; &#273;&#7889;i di&#7879;n v&#7899;i c&#417; h&#7897;i kinh doanh ch&ecirc;nh l&#7879;ch gi&aacute; thay &#273;&#7893;i. &#272;i&#7873;u n&agrave;y &#273;&atilde; t&#7841;o ra m&#7897;t ngh&#7883;ch l&yacute; r&#7857;ng, m&#7863;c d&ugrave; c&oacute; tuy&ecirc;n b&#7889; r&#7857;ng ti&#7873;n t&#7921; m&#7885;c l&ecirc;n, nh&#7919;ng ng&#432;&#7901;i tham gia DeFi th&#7921;c s&#7921; &#273;ang g&aacute;nh n&#7863;ng v&#7899;i nh&#7919;ng c&ocirc;ng vi&#7879;c th&#7911; c&ocirc;ng, t&#7889;n th&#7901;i gian &#273;&#7875; t&#7889;i &#432;u h&oacute;a l&#7907;i nhu&#7853;n c&#7911;a m&igrave;nh.
Ron Bodkin, m&#7897;t c&#7921;u gi&aacute;m &#273;&#7889;c &#273;i&#7873;u h&agrave;nh c&#7911;a Google v&agrave; hi&#7879;n l&agrave; ng&#432;&#7901;i &#273;&#7913;ng &#273;&#7847;u nh&oacute;m ph&aacute;t tri&#7875;n c&#7911;a AI Agent Protocol <a href="https://www.theoriq.ai/" target="_blank" rel="noreferrer noopener nofollow">Theoriq</a>, l&agrave; m&#7897;t v&iacute; d&#7909; v&#7873; quan &#273;i&#7875;m n&agrave;y. Bodkin cho r&#7857;ng &ocirc;ng &#273;&atilde; ch&#7913;ng ki&#7871;n g&aacute;nh n&#7863;ng &#273;&#7889;i v&#7899;i ng&#432;&#7901;i d&ugrave;ng h&agrave;ng ng&agrave;y t&#259;ng l&ecirc;n khi DeFi m&#7903; r&#7897;ng.
&ldquo;H&#7847;u h&#7871;t m&#7885;i ng&#432;&#7901;i &#273;&#7871;n v&#7899;i DeFi v&#7899;i hy v&#7885;ng ti&#7873;n c&#7911;a h&#7885; s&#7869; l&agrave;m vi&#7879;c cho h&#7885;,&rdquo; Bodkin n&oacute;i.
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&ldquo;Nh&#432;ng b&#7857;ng c&aacute;ch n&agrave;o &#273;&oacute;, n&oacute; &#273;&atilde; bi&#7871;n th&agrave;nh vi&#7879;c h&#7885; ph&#7843;i l&agrave;m vi&#7879;c cho ti&#7873;n c&#7911;a m&igrave;nh: ki&#7875;m tra bi&#7875;u &#273;&#7891; l&uacute;c n&#7917;a &#273;&ecirc;m, &#273;i&#7873;u ch&#7881;nh ph&#7841;m vi gi&#7919;a c&aacute;c cu&#7897;c h&#7885;p. N&oacute; th&#7921;c s&#7921; l&agrave; ng&#432;&#7907;c v&#7899;i d&#7921; &#273;&#7883;nh ban &#273;&#7847;u v&agrave; l&agrave;m ng&#432;&#7901;i d&ugrave;ng m&#7879;t m&#7887;i.&rdquo;
</blockquote>

Theo Bodkin, s&#7921; t&#7921; ch&#7911; th&#7921;c s&#7921; kh&ocirc;ng &#273;&#7871;n t&#7915; vi&#7879;c y&ecirc;u c&#7847;u ng&#432;&#7901;i d&ugrave;ng l&agrave;m nhi&#7873;u h&#417;n m&agrave; t&#7915; vi&#7879;c ngh&#297; l&#7841;i c&aacute;ch qu&#7843;n l&yacute; l&#7907;i nhu&#7853;n ho&agrave;n to&agrave;n. Nghe c&oacute; v&#7867; &iacute;t gi&#7889;ng nh&#432; nh&#7919;ng ng&agrave;y ch&#7841;y theo l&#7907;i nhu&#7853;n c&#7911;a c&aacute;c chu k&#7923; tr&#432;&#7899;c v&agrave; gi&#7889;ng nh&#432; m&#7897;t cu&#7897;c t&igrave;m ki&#7871;m nh&#7919;ng c&ocirc;ng c&#7909; kh&ocirc;ng ph&#7909; thu&#7897;c v&agrave;o vi&#7879;c ng&#432;&#7901;i d&ugrave;ng d&aacute;n m&#7855;t v&agrave;o v&iacute; c&#7911;a h&#7885;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bringing-ai-into-defi-without-the-black-box-problem">&#7912;ng d&#7909;ng AI v&agrave;o DeFi m&agrave; kh&ocirc;ng g&#7863;p v&#7845;n &#273;&#7873; h&#7897;p &#273;en</h2>

Giao th&#7913;c m&#7899;i c&#7911;a Theoriq, AlphaVault, ph&ugrave; h&#7907;p v&#7899;i s&#7921; chuy&#7875;n &#273;&#7893;i r&#7897;ng l&#7899;n h&#417;n h&#432;&#7899;ng t&#7899;i c&aacute;c h&igrave;nh th&#7913;c qu&#7843;n l&yacute; DeFi t&#7921; &#273;&#7897;ng h&#417;n. Trong n&#259;m qua, nhi&#7873;u d&#7921; &aacute;n &#273;&atilde; b&#7855;t &#273;&#7847;u th&#7917; nghi&#7879;m v&#7899;i s&#7921; giao thoa gi&#7919;a DeFi v&agrave; AI (&#273;&ocirc;i khi &#273;&#432;&#7907;c g&#7885;i l&agrave; DeFAI), s&#7917; d&#7909;ng c&aacute;c agent &#273;&#7875; gi&uacute;p t&#7921; &#273;&#7897;ng h&oacute;a c&aacute;c quy&#7871;t &#273;&#7883;nh th&#432;&#7901;ng xuy&ecirc;n v&agrave; theo k&#7883;p c&aacute;c th&#7883; tr&#432;&#7901;ng di chuy&#7875;n nhanh ch&oacute;ng.
&#272;&acirc;y l&agrave; m&#7897;t d&#7841;ng th&#7917; nghi&#7879;m &#273;&atilde; chuy&#7875;n d&#7847;n t&#7915; s&#7921; t&ograve; m&ograve; trong c&aacute;c cu&#7897;c hackathon &#273;&#7871;n vi&#7879;c &#273;&#432;&#7907;c c&aacute;c nh&oacute;m giao th&#7913;c th&#7843;o lu&#7853;n nh&#432; m&#7897;t ph&#7847;n trong l&#7897; tr&igrave;nh d&agrave;i h&#7841;n. Bodkin cho bi&#7871;t th&ecirc;m:&nbsp;
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&ldquo;Ch&uacute;ng t&ocirc;i &#273;ang th&#7845;y nhi&#7873;u s&#7921; quan t&acirc;m &#273;&#7871;n AI trong DeFi, nh&#432;ng th&aacute;ch th&#7913;c th&#7921;c s&#7921; l&agrave; &#273;&#7843;m b&#7843;o m&#7885;i ng&#432;&#7901;i c&oacute; th&#7875; hi&#7875;u v&agrave; tin t&#432;&#7903;ng nh&#7919;ng g&igrave; c&aacute;c agent &#273;ang l&agrave;m. T&iacute;nh minh b&#7841;ch ph&#7843;i ph&aacute;t tri&#7875;n song song v&#7899;i t&#7921; &#273;&#7897;ng h&oacute;a, n&#7871;u kh&ocirc;ng th&igrave; s&#7869; kh&ocirc;ng th&#7875; m&#7903; r&#7897;ng theo c&aacute;ch m&#7885;i ng&#432;&#7901;i mong &#273;&#7907;i.&rdquo;
</blockquote>

<a href="https://x.com/TheoriqAI/status/1990925026842063192" target="_blank" rel="noreferrer noopener nofollow">AlphaVault</a> l&agrave; m&#7897;t trong nh&#7919;ng vault DeFi &#273;ang th&#7917; nghi&#7879;m v&#7899;i vi&#7879;c s&#7917; d&#7909;ng c&aacute;c agent AI chuy&ecirc;n bi&#7879;t &#273;&#7875; qu&#7843;n l&yacute; tr&#7921;c ti&#7871;p v&#7889;n c&#7911;a ng&#432;&#7901;i d&ugrave;ng. Thay v&igrave; d&#7921;a v&agrave;o c&aacute;c c&ocirc;ng c&#7909; gh&eacute;p &#273;&#417;n gi&#7843;n theo quy t&#7855;c, n&oacute; s&#7917; d&#7909;ng m&#7897;t h&#7879; th&#7889;ng &#273;a agent &#273;&#432;&#7907;c x&acirc;y d&#7921;ng &#273;&#7875; th&iacute;ch &#7913;ng v&#7899;i &#273;i&#7873;u ki&#7879;n th&#7883; tr&#432;&#7901;ng thay &#273;&#7893;i. Thi&#7871;t l&#7853;p n&agrave;y &#273;&atilde; &#273;&#432;&#7907;c th&#7917; nghi&#7879;m d&#432;&#7899;i &aacute;p l&#7921;c th&#7921;c t&#7871; trong testnet c&#7911;a Theoriq, &#273;&atilde; x&#7917; l&yacute; h&#417;n 65 tri&#7879;u y&ecirc;u c&#7847;u t&#7915; agent v&#7899;i h&#417;n 2,1 tri&#7879;u v&iacute;.
Theo &#273;&#7897;i ng&#361; ph&aacute;t tri&#7875;n, m&#7897;t trong nh&#7919;ng &#273;i&#7875;m kh&aacute;c bi&#7879;t ch&iacute;nh gi&#7919;a AlphaVault v&agrave; c&aacute;c giao th&#7913;c AI Agent kh&aacute;c l&agrave; c&aacute;ch x&#7917; l&yacute; t&iacute;nh minh b&#7841;ch v&agrave; an to&agrave;n. Nh&#7919;ng n&#7895; l&#7921;c tr&#432;&#7899;c &#273;&acirc;y th&#432;&#7901;ng b&#7883; ch&#7881; tr&iacute;ch v&igrave; gi&#7845;u gi&#7871;m c&aacute;ch &#273;&#432;a ra quy&#7871;t &#273;&#7883;nh.
AlphaVault gi&#7843;i quy&#7871;t v&#7845;n &#273;&#7873; n&agrave;y v&#7899;i &ldquo;l&#7891;ng ch&iacute;nh s&aacute;ch&rdquo; &ndash; c&aacute;c quy t&#7855;c h&#7907;p &#273;&#7891;ng th&ocirc;ng minh &#273;&#7883;nh r&otilde; nh&#7919;ng g&igrave; m&#7897;t agent &#273;&#432;&#7907;c ph&eacute;p l&agrave;m, t&#7915; c&aacute;c lo&#7841;i t&agrave;i s&#7843;n &#273;&#7871;n k&iacute;ch th&#432;&#7899;c v&#7883; tr&iacute;. Nh&#7919;ng gi&#7899;i h&#7841;n n&agrave;y nh&#7857;m gi&uacute;p ng&#432;&#7901;i d&ugrave;ng hi&#7875;u r&otilde; h&#417;n v&#7873; c&aacute;ch h&#7879; th&#7889;ng ho&#7841;t &#273;&#7897;ng v&agrave; gi&#7843;m thi&#7875;u r&#7911;i ro &#273;&atilde; th&#7845;y trong c&aacute;c th&#7917; nghi&#7879;m AI tr&#432;&#7899;c &#273;&acirc;y.
Khi ra m&#7855;t, AlphaVault &#273;ang t&iacute;ch h&#7907;p v&#7899;i c&aacute;c &#273;&#7889;i t&aacute;c uy t&iacute;n, &#273;&aacute;ng tin c&#7853;y trong kh&ocirc;ng gian l&#7907;i nhu&#7853;n c&#7911;a Ethereum. Bao g&#7891;m stRATEGY vault c&#7911;a Lido, &#273;&#432;&#7907;c qu&#7843;n l&yacute; b&#7903;i Mellow Protocol, v&agrave; MEV Max c&#7911;a Chorus One, v&#7853;n h&agrave;nh b&#7903;i StakeWise.
Nh&#7919;ng h&#7907;p t&aacute;c n&agrave;y cho ph&eacute;p AlphaVault ph&acirc;n b&#7893; v&#7889;n v&agrave;o c&aacute;c chi&#7871;n l&#432;&#7907;c l&#7907;i nhu&#7853;n Ethereum &#273;&atilde; &#273;&#432;&#7907;c s&#7917; d&#7909;ng tr&ecirc;n to&agrave;n b&#7897; h&#7879; sinh th&aacute;i. &Yacute; t&#432;&#7903;ng l&agrave; gi&uacute;p ng&#432;&#7901;i d&ugrave;ng ki&#7871;m &#273;&#432;&#7907;c l&#7907;i nhu&#7853;n m&agrave; kh&ocirc;ng c&#7847;n ph&#7843;i li&ecirc;n t&#7909;c ki&#7875;m tra hay &#273;i&#7873;u ch&#7881;nh v&#7883; tr&iacute; c&#7911;a h&#7885;, m&#7863;c d&ugrave; hi&#7879;u qu&#7843; c&#7911;a &#273;i&#7873;u n&agrave;y s&#7869; ph&#7909; thu&#7897;c v&agrave;o hi&#7879;u su&#7845;t d&agrave;i h&#7841;n c&#7911;a h&#7879; th&#7889;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bootstrapping-liquidity-the-way-many-defi-projects-now-do">Kh&#7903;i &#273;&#7897;ng thanh kho&#7843;n theo c&aacute;ch m&agrave; nhi&#7873;u d&#7921; &aacute;n DeFi hi&#7879;n nay &#273;ang th&#7921;c hi&#7879;n</h2>

Tr&ecirc;n to&agrave;n b&#7897; DeFi, c&aacute;c ch&#432;&#417;ng tr&igrave;nh tham gia s&#7899;m &#273;&atilde; tr&#7903; th&agrave;nh m&#7897;t c&aacute;ch ph&#7893; bi&#7871;n &#273;&#7875; c&aacute;c d&#7921; &aacute;n x&acirc;y d&#7921;ng thanh kho&#7843;n v&agrave; thi&#7871;t l&#7853;p c&#417; s&#7903; gi&aacute; tr&#7883; kh&oacute;a ban &#273;&#7847;u (<a href="https://x.com/TheoriqAI/status/1959994340681621616" target="_blank" rel="noreferrer noopener nofollow">TVL</a>), t&#7841;o kh&ocirc;ng gian cho c&aacute;c h&#7879; th&#7889;ng m&#7899;i ho&#7841;t &#273;&#7897;ng d&#432;&#7899;i &#273;i&#7873;u ki&#7879;n th&#7921;c t&#7871;. AlphaVault &#273;ang &#273;i theo h&#432;&#7899;ng t&#432;&#417;ng t&#7921;.
&#272;&#7875; b&#7855;t &#273;&#7847;u ra m&#7855;t vault, Theoriq &#273;&atilde; tri&#7875;n khai m&#7897;t giai &#273;o&#7841;n kh&#7903;i &#273;&#7897;ng &#273;&#432;&#7907;c khuy&#7871;n kh&iacute;ch, n&#417;i c&#7897;ng &#273;&#7891;ng c&oacute; th&#7875; kh&oacute;a ETH v&agrave; ki&#7871;m &#273;i&#7875;m chuy&#7875;n th&agrave;nh ph&#7847;n th&#432;&#7903;ng $THQ. Khi giai &#273;o&#7841;n n&agrave;y ti&#7871;n tri&#7875;n, TVL s&#7869; d&#7847;n d&#7847;n chuy&#7875;n t&#7915; v&#7889;n b&#7883; kh&oacute;a sang v&#7889;n s&#7889;ng &#273;&#432;&#7907;c qu&#7843;n l&yacute; b&ecirc;n trong AlphaVault b&#7903;i c&aacute;c agent t&#7921; &#273;&#7897;ng c&#7911;a n&oacute;.
&#272;&acirc;y l&agrave; m&#7897;t m&ocirc; h&igrave;nh quen thu&#7897;c trong DeFi, nh&#432;ng trong tr&#432;&#7901;ng h&#7907;p n&agrave;y, v&#7889;n kh&ocirc;ng ch&#7881; ng&#7891;i y&ecirc;n m&agrave; tr&#7903; th&agrave;nh nhi&ecirc;n li&#7879;u cho m&#7897;t h&#7879; th&#7889;ng &#273;&#432;&#7907;c thi&#7871;t k&#7871; &#273;&#7875; ho&#7841;t &#273;&#7897;ng v&#7899;i &iacute;t s&#7921; gi&aacute;m s&aacute;t th&#7911; c&ocirc;ng nh&#7845;t, theo nh&oacute;m ph&aacute;t tri&#7875;n tuy&ecirc;n b&#7889;.
N&#417;i m&agrave; m&#7885;i th&#7913; tr&#7903; n&ecirc;n th&uacute; v&#7883; h&#417;n l&agrave; c&aacute;ch $THQ d&#7921; ki&#7871;n ho&#7841;t &#273;&#7897;ng trong t&#432;&#417;ng lai. Thay v&igrave; ch&#7881; &#273;&oacute;ng vai tr&ograve; l&agrave; m&#7897;t ph&#7847;n th&#432;&#7903;ng, Theoriq d&#7921; &#273;&#7883;nh n&oacute; tr&#7903; th&agrave;nh m&#7897;t token uy t&iacute;n cho ph&eacute;p ng&#432;&#7901;i d&ugrave;ng &#273;&#7863;t c&#432;&#7907;c ph&iacute;a sau c&aacute;c AI agent m&agrave; h&#7885; tin r&#7857;ng &#273;ang ho&#7841;t &#273;&#7897;ng t&#7889;t.
N&#7871;u m&#7897;t agent ho&#7841;t &#273;&#7897;ng k&eacute;m ho&#7863;c kh&ocirc;ng &#273;&#7841;t &#273;&#432;&#7907;c mong &#273;&#7907;i, c&aacute;c quy&#7871;t &#273;&#7883;nh &#273;&oacute; c&oacute; th&#7875; b&#7883; c&#7855;t gi&#7843;m m&#7897;t ph&#7847;n. C&#417; ch&#7871; n&agrave;y nh&#7857;m duy tr&igrave; ch&#7845;t l&#432;&#7907;ng cao v&agrave; ng&#259;n ch&#7863;n h&agrave;nh vi li&#7873;u l&#297;nh.
C&aacute;ch ti&#7871;p c&#7853;n n&agrave;y ph&#7843;n &aacute;nh m&#7897;t n&#7895; l&#7921;c r&#7897;ng l&#7899;n h&#417;n c&#7911;a ng&agrave;nh c&ocirc;ng nghi&#7879;p &#273;&#7875; mang l&#7841;i nhi&#7873;u tr&aacute;ch nhi&#7879;m h&#417;n v&agrave;o c&aacute;c h&#7879; th&#7889;ng t&#7921; &#273;&#7897;ng. Thay v&igrave; d&#7921;a v&agrave;o nh&#7919;ng tuy&ecirc;n b&#7889; ti&#7871;p th&#7883; ho&#7863;c b&aacute;o c&aacute;o hi&#7879;u su&#7845;t m&#7901; &aacute;m, &yacute; t&#432;&#7903;ng l&agrave; &#273;&#7875; uy t&iacute;n h&igrave;nh th&agrave;nh tr&#7921;c ti&#7871;p quanh c&aacute;ch c&aacute;c agent n&agrave;y ho&#7841;t &#273;&#7897;ng theo th&#7901;i gian.
V&#7873; l&yacute; thuy&#7871;t, &#273;i&#7873;u n&agrave;y t&#7841;o ra m&#7897;t h&#7879; th&#7889;ng n&#417;i tin t&#432;&#7903;ng kh&ocirc;ng d&#7921;a tr&ecirc;n c&aacute; nh&acirc;n ho&#7863;c h&#7913;a h&#7865;n, m&agrave; d&#7921;a tr&ecirc;n hi&#7879;u su&#7845;t c&oacute; th&#7875; th&#7845;y &#273;&#432;&#7907;c tr&ecirc;n chu&#7895;i, v&agrave; n&#417;i c&#7897;ng &#273;&#7891;ng c&oacute; vai tr&ograve; tr&#7921;c ti&#7871;p trong vi&#7879;c &#273;&#7883;nh h&igrave;nh nh&#7919;ng AI agent n&agrave;o c&oacute; nhi&#7873;u tr&aacute;ch nhi&#7879;m h&#417;n.&nbsp;
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-where-defi-goes-after-the-yield-chasing-era">H&#432;&#7899;ng &#273;i c&#7911;a DeFi sau th&#7901;i k&#7923; s&#259;n l&ugrave;ng l&#7907;i nhu&#7853;n</h2>

Theoriq hy v&#7885;ng s&#7869; chuy&#7875;n &#273;&#7893;i cu&#7897;c tr&ograve; chuy&#7879;n trong ng&agrave;nh c&ocirc;ng nghi&#7879;p kh&#7887;i vi&#7879;c theo &#273;u&#7893;i t&#7927; l&#7879; l&#7907;i nhu&#7853;n ph&#7847;n tr&#259;m h&agrave;ng n&#259;m (APY) cao h&#417;n v&agrave; h&#432;&#7899;ng t&#7899;i vi&#7879;c gi&#7843;m b&#7899;t kh&#7889;i l&#432;&#7907;ng c&ocirc;ng vi&#7879;c m&agrave; ng&#432;&#7901;i d&ugrave;ng &#273;&#432;&#7907;c k&#7923; v&#7885;ng ph&#7843;i l&agrave;m. N&oacute; &#273;&#432;&#7907;c thi&#7871;t k&#7871; d&#7921;a tr&ecirc;n &yacute; t&#432;&#7903;ng r&#7857;ng c&aacute;c nh&agrave; ph&aacute;t tri&#7875;n &#273;ang t&igrave;m ki&#7871;m c&aacute;ch &#273;&#7875; gi&#7843;m t&#7843;i vi&#7879;c gi&aacute;m s&aacute;t li&ecirc;n t&#7909;c, c&acirc;n b&#7857;ng l&#7841;i, v&agrave; vi&#7879;c ra quy&#7871;t &#273;&#7883;nh m&agrave; h&#7847;u h&#7871;t m&#7885;i ng&#432;&#7901;i v&#7851;n th&#7921;c hi&#7879;n th&#7911; c&ocirc;ng.
M&#7909;c ti&ecirc;u kh&ocirc;ng ph&#7843;i l&agrave; lo&#7841;i b&#7887; ng&#432;&#7901;i d&ugrave;ng kh&#7887;i quy tr&igrave;nh, m&agrave; l&agrave; x&acirc;y d&#7921;ng nh&#7919;ng c&ocirc;ng c&#7909; x&#7917; l&yacute; nh&#7919;ng ph&#7847;n qu&#7843;n l&yacute; tr&ecirc;n chu&#7895;i nh&#7841;y c&#7843;m v&#7873; th&#7901;i gian, th&#432;&#7901;ng xuy&ecirc;n nh&#7857;m gi&uacute;p m&#7885;i ng&#432;&#7901;i kh&ocirc;ng ph&#7843;i coi DeFi l&agrave; m&#7897;t c&ocirc;ng vi&#7879;c ph&#7909;.
Theo &#273;&#7897;i ng&#361; ph&aacute;t tri&#7875;n, c&oacute; s&#7921; quan t&acirc;m ng&agrave;y c&agrave;ng t&#259;ng t&#7915; ph&iacute;a ng&#432;&#7901;i d&ugrave;ng &#273;&#7871;n c&aacute;c h&#7879; th&#7889;ng c&oacute; th&#7875; ho&#7841;t &#273;&#7897;ng &#7893;n &#273;&#7883;nh h&#417;n trong n&#7873;n, ph&#7843;n &#7913;ng v&#7899;i &#273;i&#7873;u ki&#7879;n th&#7883; tr&#432;&#7901;ng m&agrave; kh&ocirc;ng c&#7847;n h&#7885; can thi&#7879;p li&ecirc;n t&#7909;c m&#7895;i v&agrave;i gi&#7901;. Lo&#7841;i t&#7921; &#273;&#7897;ng h&oacute;a n&agrave;y ng&agrave;y c&agrave;ng &#273;&#432;&#7907;c nh&igrave;n nh&#7853;n nh&#432; m&#7897;t b&#432;&#7899;c ti&#7871;n t&#7921; nhi&ecirc;n ti&#7871;p theo cho m&#7897;t ng&agrave;nh mu&#7889;n tr&#432;&#7903;ng th&agrave;nh, m&#7903; r&#7897;ng v&agrave; thu h&uacute;t m&#7897;t l&#432;&#7907;ng kh&aacute;n gi&#7843; r&#7897;ng l&#7899;n h&#417;n.
N&#7857;m trong xu h&#432;&#7899;ng chung nh&#7857;m th&uacute;c &#273;&#7849;y t&#7921; &#273;&#7897;ng h&oacute;a on-chain &#273;&aacute;ng tin c&#7853;y v&agrave; minh b&#7841;ch h&#417;n, Theoriq v&agrave; h&#7879; th&#7889;ng AlphaVault c&#7911;a n&oacute; c&oacute; th&#7875; c&oacute; &yacute; ngh&#297;a. D&ugrave; c&aacute;c kho t&agrave;i s&#7843;n do AI qu&#7843;n l&yacute; c&oacute; tr&#7903; th&agrave;nh ti&ecirc;u chu&#7849;n hay ch&#7881; l&agrave; nh&#7919;ng th&#7917; nghi&#7879;m ban &#273;&#7847;u v&#7851;n c&ograve;n l&agrave; c&acirc;u h&#7887;i m&#7903;, nh&#432;ng h&#432;&#7899;ng &#273;i c&#7911;a ng&agrave;nh c&ocirc;ng nghi&#7879;p n&agrave;y l&agrave;m cho s&#7921; xu&#7845;t hi&#7879;n c&#7911;a ch&uacute;ng kh&ocirc;ng h&#7873; ng&#7851;u nhi&ecirc;n.

Điều năm 2025 chứng minh về DeFi thụ động và lý do tại sao hệ thống AI Agent như AlphaVault của Theoriq là bước tiếp theo