According to online reports, the latest report of the Binance Research Institute shows that in the field of AI-related cryptocurrencies, Meme coins dominate with a market share of 41%, while the DeFAI sector, which combines AI and decentralized finance, currently only accounts for 10% of the share. The report points out that DeFAI is undergoing a transformation from proof-of-concept to infrastructure, and its development relies mainly on four core components: AI agents, development frameworks, protocol layers and trading markets. Recent industry developments confirm the growth trend of DeFAI. For example, Tether's newly launched QVAC project conforms to the characteristics of the DeFAI protocol framework. The report also warns of three major risks in this area: unclear ownership of AI agents, insufficient operational transparency, and possible abuse issues in decentralized governance. Researchers believe that if an effective regulatory framework is established, DeFAI is expected to reshape the on-chain financial system.