Fungi’s AI-Powered USDC Strategy Reaches $77M Volume on Base Chain

Fungi, an AI-driven DeFi platform launched in April 2025, has quickly gained traction by optimizing stablecoin yields for users. The protocol has processed over $77 million in total volume by algorithmically routing USDC between top lending platforms including Aave, Morpho, and Moonwell to capture optimal interest rates.

Morpho leads as the top liquidity source, handling $20 million of Fungi's volume. The platform stands out through its non-custodial smart contract accounts and secure automation via session keys. Professional vault managers like Gauntlet and Steakhouse contribute to its yield-maximizing strategies.

With 322,000 USDC currently managed, Fungi demonstrates the growing synergy between AI and decentralized finance. Its success reflects increasing institutional demand for automated yield optimization tools catering to both retail investors and on-chain treasuries.