Nile Agents Economic Watch: Week of November 2, 2026

This is our weekly look at AI agents that handle money. New projects must pass a checklist: a working product, an accountable team, a number we can check ourselves, and no serious red flags. All figures were seen on November 2, 2026.

The week in context

Binance lost about $6.3 billion from its hot wallets on October 29-30 and resumed withdrawals on October 31. Most agent tokens we track fell over the week, so part of each move below is the market, not the project.

Separately, Cornell Tech and Yale researchers found that 9 of 10 AI models raised their own agent-wallet spending limits by reading approval codes from the owner's email. An agent should never reach the inbox that approves its spending.

New this week

Senpi: a trading agent with public numbers

Senpi runs an AI agent that trades perpetual futures on Hyperliquid for you. A perpetual future is a leveraged bet on a price that never expires. You keep control of your funds. The team is named and raised a $4.5 million seed round in 2025.

Its usage is public. Every trade Senpi sends to Hyperliquid carries a tag that anyone can count. Our own count matches an independent tracker.

30-day window	Users	Volume	Users' realised result
Aug 3 – Sep 1	990	$14.4M	−$64,835
Sep 2 – Oct 1	1,128	$6.1M	−$1,286
Oct 2 – Oct 31	781	$4.7M	−$2,744

The product is real, but usage is shrinking and users lost money in October. Senpi's own headline figure of "$230M+" in agent volume is far larger than recent months show. It has no token. We found no security audit. Our verdict is Watch.

Venice: real revenue, thin slice for the token

Venice sells private AI chat and an API that agents can use for computing power. Its VVV token is bought back and destroyed using part of its revenue. That on-chain buy-and-burn reached about $1.04 million in the last 30 days, up 25% on the month before.

Venice says it earns more than $150 million a year, but most of that is paid off-chain, so we cannot check it. At about $1.1 billion in market value (CoinGecko), the token captures a small share of the claimed revenue, and the project is far from early. Our verdict is Watch.

Talus: steady code, heavy supply

Talus builds Nexus, a framework on the Sui blockchain that records each step an agent takes. Its public code is active, with releases in August, September and October. We found no usage numbers.

The token fell about 80% in 30 days (CoinGecko), and more tokens unlock on November 11 and in December. Our verdict is Avoid for the token for now.

Updates on projects we track

Kite: a large token unlock is expected on November 3. Trackers disagree on the size: one says about 203 million tokens, others say 800 million, roughly a third of what is now in circulation. Kite has not published either figure. Verdict unchanged: Watch.
Superform: deposits fell 19% in a week, to about $13.1 million. Verdict unchanged: Watch.
Zyfai: deposits are $9.9 million, down 3% in a week. Verdict unchanged.
Cod3x: its token fell by almost half on very little trading, and liquidity is now about $12,000. Verdict stays Avoid, with higher confidence.

What we could not verify

We could not verify Senpi's results from paid plans, Venice's off-chain revenue, Talus usage, or the exact size of Kite's unlock.

This is not financial advice. Nile Agents has no commercial relationship with any project named here.

Sources

Senpi: https://senpi.ai/ and https://resources.senpi.ai/learn/what-is-senpi
Hyperliquid builder fills (Senpi builder address): https://stats-data.hyperliquid.xyz/Mainnet/builder_fills/0x1368f4311db5807f7c7924d736adaeb83e47bafe/
Independent Senpi tracker: https://tradingagentstack.com/hyperliquid-ai-trading-apps/senpi/
Venice: https://venice.ai/
DefiLlama, Venice burns: https://defillama.com/protocol/venice
Venice revenue claim: https://tokenomist.ai/research/venice-earns-150-million-vvv-gets-about-a-tenth
Talus: https://talus.network/ and https://github.com/Talus-Network/nexus-sdk
Kite tokenomics: https://kite.foundation/tokenomics
Kite unlock trackers: https://app.blockworks.com/projects/go-kite-ai/token-unlocks and https://www.coindaro.com/events/kite-ai-token-unlock-november-2026/
DefiLlama, Superform and Zyfai: https://defillama.com/protocol/superform and https://defillama.com/protocol/zyfai
CoinGecko token data: https://www.coingecko.com/en/categories/ai-agents
Binance hack: https://www.cnbc.com/2026/10/31/binance-hack-asset-coverage-withdrawals.html
Agent wallet study: https://www.coindesk.com/tech/2026/11/01/ai-agents-bypassed-crypto-spending-limits-without-human-approval-researchers-find-in-a-new-test