NAGA Founder Ben Bilski Launches “AI-Native” Decentralized Exchange on Solana ⋅ Crypto World Echo
Ben Bilski, the Founder and former CEO of NAGA Group,has launched a new crypto trading platform called True Trading, which is nowlive in pre-launch.
According to Bilski’s announcement on LinkedIn, thedecentralized exchange incorporates a “trainable” artificial intelligenceengine and is built on a Layer 2 protocol using the Solana blockchain.
AI Functionality and Automation
According to its official website, True Trading describesitself as an AI-native decentralized exchange. The platform features anintegrated large language model designed to improve over time by analyzing userinteractions, trades, and market data. It automates tasks such as risk management, KYC, andpayment flows, aiming to streamline the user experience.
True Trading reportedly uses smart contracts for alltrade executions, meaning users retain control of their funds at all times.This design removes custody risk and enables transparency, as all liquidity issourced from public vaults and tracked on-chain.
The platform operates on its own Layer 2infrastructure powered by Solana, allowing for high-speed transactionprocessing and reduced costs. According to company disclosures, True TradingCorp is incorporated in Panama.
Trading Features
True Trading offers several DeFi trading functions,including: On-chain perpetual contracts, copy trading of high-performingstrategies, and yield earning through smart contract-based investment strategies. The platform does not facilitate the trading ofregulated securities, nor does it act as a broker, financial intermediary, orcustodian.
The platform has now entered a pre-launch phase and isaccepting early users. The company has not yet disclosed a full launch date ordetails on governance or tokenomics, if any.
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In March, Bilski announced plans to launch a new cryptocurrency trading platform to address inefficiencies in thedigital asset market. Following his departure from NAGA after itsacquisition by CAPEX.com, Bilski turned his attention to what he described as afundamental flaw in crypto markets’ operation.
In a LinkedIn post, he said he had identified “aloophole that changes everything,” particularly in market-making and liquidity provision—two functions often criticized for their lack of transparencyand centralization.
“After years in crypto (since 2014), scaling companiesfrom scratch to IPO, and executing large-scale projects, I took a step back toassess the imbalances and opportunities in the space. And I found somethingtruly exciting, a loophole that changes everything,” he wrote.
This article was written by Jared Kirui at www.financemagnates.com.
