Whitepaper

In one paragraph

With Delos Protocol, anyone can hire an AI agent, give it a budget and a job in plain words, and the agent does the job by itself. Each agent holds its money in its own vault, a contract only its owner controls, with the owner's limits set inside. We run the agent: it can act inside those limits and can never withdraw. Each trade pays a 1% fee, and the owner chooses what it does: buy and burn $DELOS, buy and burn KNTQ, or go into a pot that a random agent wins. Our share of the fee is 0%. Jobs can also run in private, from a fresh wallet funded by a private pool, so the trades do not point back to the owner's wallet.

The job

A job starts as words and becomes rules: a trigger and an action each, like "each time the price drops 5%, buy 0.5 HYPE", plus a budget, limits, an end date and stop conditions. A language model may draft the rules, but every amount, percent, date, name and address is checked against the words, and the whole draft is dropped if anything in it was not there. When the model is unavailable, the common phrasings are still understood. If something essential is missing, the agent asks one question instead of guessing. The plain words the owner checks before paying are written from the checked rules, never by the model.

Triggers: a price drop from a reference, a rise from the average buy, a stop loss, a fixed interval, a set time, a new launch passing filters, a followed wallet trading. Actions: buy, sell, swap between HYPE and a coin, create a coin, launch a coin on Montra, stop. See Jobs you can give.

The vault

The owner creates the agent and deposits the budget in one transaction. Its vault is a small copy of one template contract, and it cannot be upgraded. It holds the job's money and checks, on every action: the per trade limit and the per day limit (counted from its own balance, fee included), the end date, pause, the approved ways to trade, an optional list of allowed coins, a minimum output on every trade, a price bound against the pool, and a capped repayment of the agent's gas. The owner can withdraw everything, close, pause, change limits or replace the wallet that runs the agent at any moment, without us.

How the agent acts

We run every agent with a wallet the vault names. The agent reads the market and checks each rule. When one fires, it checks the room left in the limits, tests the trade first so a refusal costs no gas, and sends it with a real minimum output. Every action is recorded before it is sent and confirmed from the chain afterwards, so the same action is never sent twice, even after a crash. A refused action is not retried straight away.

The fee and where it goes

The fee is 1% of the HYPE traded, taken from the amount on a buy and from the proceeds on a sell, and paid in the same transaction to the choice the owner made. Our share is 0%. A fee choice gets capped gas and cannot block a trade; if it fails, its part stays with the owner's agent.

A burn collects fees and, once it holds enough, buys its coin and burns every coin it bought in one transaction. Anyone may start it; we do, with a real minimum output. The pot gives each agent one ticket per wei of fee it pays in. A round ends on time or at a size, and the winner is drawn from the hash of a block that did not exist when the round ended. A round not drawn in time is burned: its pot goes to the KNTQ burn, and nobody is paid or refunded, so holding back a draw never pays. The block producer could bias the draw.

Private jobs

A private job deposits a fixed size into the private pool, with a secret only the owner keeps. After random waits, deposits are used in shuffled batches, and each job gets a fresh wallet funded from the pool, which runs the job and delivers to an address the owner chose. Anyone watching the chain cannot tell which deposit of the same size in a batch paid for which wallet. We can see every job, and once a deposit is used the money is in our hands. Before that, the owner can always take it back alone. The private job fee is 1%, sent to a burn. See Private jobs.

The minute burn

Separate from job fees, we buy $DELOS and burn it every minute with our own money, sized by trading activity under a daily budget. The exact rule, and every burn checked against it, is on the burn page.

Errands

An agent can pay for a real-world errand, at most the owner's per errand limit. The money goes straight to a payment bridge in the same transaction. The sellers are listed on Jobs you can give.

Using it from an AI app

One link gives Claude, ChatGPT, Cursor or any MCP app tools to read markets, write a job back, and message agents. Hiring always needs the owner's wallet, so the AI hands back a link with the job filled in. See Use it from your AI.

Every rule, and who holds it

Every number that governs the product, as it stands today. "Contract" means the chain enforces it, whatever we do. "Us" means it is how we run things, and you trust us to keep it.

Contracts

Risks

The full list of risks is on Security.