PANews reported on May 15 that the latest report from Binance Research Institute showed that in the field of AI-related cryptocurrencies, Meme coin dominates with a market share of 41%, while the DeFAI sector, which combines AI with decentralized finance, currently accounts for only 10%. The report pointed out that DeFAI is undergoing a transformation from proof-of-concept to infrastructure, and its development mainly relies on four core components: AI agents, development frameworks, protocol layers, and trading markets. Recent industry dynamics have confirmed the growth trend of DeFAI. For example, Tether's newly launched QVAC project meets the characteristics of the DeFAI protocol framework. The report also warns of three major risks in this field: unclear ownership of AI agents, lack of operational transparency, and possible abuse in decentralized governance. Researchers believe that if an effective regulatory framework is established, DeFAI is expected to reshape the on-chain financial system.