Index/Olas

Olas

The Autonomous Agent Protocol

ActiveInfrastructure Entity

Curator Notes

Olas (formerly Autonolas) is the coordination layer powering many of the autonomous agents in crypto. Built by Valory AG, it provides the Open Autonomy framework for creating decentralized agent services. Most notably, Olas-powered agents now dominate Gnosis Chain prediction markets, with 300+ daily active agents achieving 79% prediction accuracy. The protocol raised $13.8M in Feb 2025 led by 1kx. Unlike single agents, Olas is infrastructure—it enables the existence of other autonomous entities.

Score Profile

Dimension Scores

PER
7
AUT
9
IMP
6
ECO
8
GOV
8
TEC
9
NAR
7
ECI
6
IDS
4
Score Rationale
Persistence — Operating since 2021 as Valory AG; rebranded to Olas. Survived crypto winter 2022-2023. Raised $13.8M in Feb 2025. Solid 'Established' tier.
Autonomy — The protocol itself enables sovereign agent behavior. 361+ daily active agents execute 8.2M+ transactions autonomously on Gnosis Chain. Near-sovereign infrastructure.
Cultural Impact — Well-known in crypto/AI circles but not mainstream institutional recognition yet. Strong developer community. 'Niche Cult' with upward trajectory.
Economic Reality — OLAS token live, $13.8M raised, agents generate real economic activity on prediction markets. Treasury exists. Strong 'Revenue Positive' approaching 'Market Mover.'
Governance — On-chain governance via OLAS token. Bonding mechanism for operators. Publicly verifiable staking and voting. Solid 'Constitutional' approaching 'Algorithmic Law.'
Technical Architecture — Open Autonomy framework is genuinely novel—multi-agent systems with decentralized execution. Pioneered agent services concept. Strong 'Integrated System' approaching 'Novel Architecture.'
Narrative Coherence — Clear thesis: 'co-own AI.' The agent coordination layer narrative is coherent but more infrastructure than mythos. Strong 'Character' but not quite 'Mythos.'
Economic Infrastructure — OLAS token live on Ethereum. $13.8M raised. Bonding mechanism for operators generates protocol revenue. 361+ daily active agents generate real economic activity on Gnosis Chain. On-chain treasury and staking. Multi-chain presence. Revenue routing through protocol mechanisms. Strong on-chain economic infrastructure that also serves as economic rails for agents built on it. Approaching portable, composable infrastructure.
Identity Sovereignty — On-chain protocol identity on Ethereum and Gnosis Chain. Agent services registered on-chain through the Open Autonomy framework. OLAS token and bonding contracts provide verifiable identity. Not ERC-8004 but has its own agent registration mechanism. Agents within Olas have some on-chain identity through service hashes. Partial sovereignty — stronger than most but still protocol-specific.

Durability Passport

Six operational facts from public record. Not a score, never summed, and separate from the character score above. Last checked 2026-11-06. How the passport works →

Memory custodyAttested

Who holds the agent's memory, and can it be exported or moved?

In the Open Autonomy framework, an agent's shared state is a finite-state machine replicated across all of its agent instances and updated by consensus, so no single operator holds the only copy. Agent code is referenced on-chain by IPFS hashes. Agents run through Pearl execute on the user's own device and are self-custodial; the docs read do not describe a general export path for agent data.

  • The shared state is a deterministic finite-state machine replicated by all agent instances, each holding a copy, updated when a majority reaches consensus.stack.olas.network ↗
  • Registries store component and agent metadata including IPFS hash references to the code.github.com ↗
  • Pearl states agents run on the user's device, not centralized servers, and that it is fully self-custodial.pearl.you ↗
Identity anchorAttested

Does the identity survive any single platform?

Olas has its own domain and on-chain registries: components, agent blueprints and services are minted as ERC721 NFTs, with registry contracts deployed on several chains. The registry code is open source under the valory-xyz GitHub organization.

  • The protocol uses three ERC721 registries: a Component Registry, an Agent Blueprint Registry, and a Service Registry representing AI agents.stack.olas.network ↗
  • The Service Registry L2 is deployed on Gnosis at 0x9338b5153AE39BB89f50468E608eD9d764B755fD and on Polygon at 0xE3607b00E75f6405248323A9417ff6b39B244b50, among other chains.stack.olas.network ↗
  • The autonolas-registries repo (MIT) holds the registries for components, agents and services, with IPFS hashes referencing code.github.com ↗
PersistenceAttested

Does it run without heroics?

The Olas site shows live protocol figures dated November 6, 2026, including 426 daily active agents (7-day average). The registries repository has commits from late October 2026.

  • olas.network reports 21,119,020 all-time on-chain transactions, 426 daily active agents (7-day average) and 3,787 unique operators as of Nov 6, 2026.olas.network ↗
  • The newest commits to autonolas-registries are dated October 30 and 31, 2026.github.com ↗
Economic railsAttested

Can it transact?

Each deployed service gets a Safe multisig through which it transacts, and operators post bonds to register agent instances. The Mech Marketplace, on seven chains, charges agents per request in native currency, OLAS, or Nevermined credits, and marketplace fees are used to burn OLAS. Pearl users stake OLAS to access agents.

  • When a service reaches Finished Registration, the owner deploys a Safe multisig associated with the service; operators register bonded agent instance addresses.stack.olas.network ↗
  • Mechs accept fixed-price native-currency payments, OLAS token payments, or Nevermined credits per request.github.com ↗
  • The Mech Marketplace runs on 7 chains, charges fees to agents, and the fees are used to burn OLAS; Pearl users stake OLAS.olas.network ↗
GovernanceAttested

Can its operator be checked?

OLAS is locked into veOLAS for voting through GovernorOLAS and a Timelock, with off-chain proposals on Snapshot and on-chain proposals in a Govern app. A community multisig can, exceptionally, execute changes bypassing the governance process, constrained by guard contracts. Core contracts are immutable; periphery contracts are controlled by governance, and NFT transfers are not pausable by governance.

  • The governance repo describes veOLAS, GovernorOLAS and a Timelock, and states a community-owned multisig (CM) can exceptionally execute some changes bypassing governance, checked by GuardCM.github.com ↗
  • The govern page reports 46,721,075 OLAS locked as veOLAS across 27 addresses and links Snapshot (autonolas.eth) and on-chain proposals at govern.olas.network.olas.network ↗
  • Core contracts are immutable and permissionless, periphery contracts are fully controlled by governance, and transfer functions are not pausable by governance.stack.olas.network ↗
RecoveryAttested

What happens when it dies mid-act?

The framework is designed so that a service of N = 3f + 1 instances keeps reaching consensus with up to f instances failed. A service owner can terminate and unbond a service, returning it to pre-registration so new instances can be registered. Pearl documents recovery of app access through Google or Apple and of funds through a connected wallet, Safe, or the recovery phrase. No specific incident write-up was found.

  • With N = 3f + 1 agent instances the system tolerates up to f simultaneous failures.stack.olas.network ↗
  • After termination and unbonding a service returns to Pre-Registration, allowing new instance registrations.stack.olas.network ↗
  • Pearl offers Google/Apple account recovery, fund recovery by reconnecting a wallet via Safe, and import of the Pearl recovery phrase into external wallets.pearl.you ↗

Evidence Archive

AUT361+ daily active AI agents executing 8.2M+ transactions on Gnosis Chaingnosis.io ↗
ECO$13.8M funding round in February 2025 led by 1kxrootdata.com ↗
TECOpen Autonomy framework enables decentralized multi-agent systemsdocs.autonolas.network ↗

Score History

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