Description
Mode is a modular DeFi Layer 2 (L2) network built with the Optimism Stack, operating as part of the Superchain ecosystem. It aims to establish a new on-chain economy by rewarding contributions to network growth. The platform integrates AI with DeFi (termed 'DeFAI' or 'AiFi'), featuring a native Perpetuals DEX developed in partnership with Orderly, which offers low fees and AI-powered tools. Mode also provides an AI Terminal that enables users to automate on-chain actions like bridging, swapping, and trading, leveraging AI to optimize strategies. The ecosystem supports over 50 DeFi applications and incentivizes developers with sequencer fee sharing and airdrops. Additionally, Mode runs the AIFi Accelerator, a program to foster the growth of AI and DeFi startups on its network by providing funding, mentorship, and resources.