Introducing the Lit Agent Wallet For User Controlled, Multi-Chain AI and DeFAI
We're excited to announce the Lit Agent Wallet—infrastructure for building AI agents with network enforced, decentralized guardrails for private keys, other secrets, and authority.
The Problem with Agent Toolkits Today
Current agent development struggles with a significant trust issue: developers frequently have access to or control over an agent’s private key, effectively turning them into custodians of the agent's assets. This contradicts the decentralized ethos of web3 and DeFi. In some cases, users delegate permissions to centralized entities, which introduces similar risks and centralization vulnerabilities. Additionally, these centralized approaches often lack granular controls, limiting utility.
How the Lit Agent Wallet Solves This
The Lit Agent Wallet, built with Lit Protocol, was designed to remove this trust requirement by giving the agent a key controlled by the user. This answers the core question, “how does the user know their money it’s going to be stolen by the developer or AI?".
Agent Wallet enables an agent owner (e.g. individual or DAO) to maintain decentralized control over the assets they entrust to an agent, preventing them from being stolen by the developer responsible for creating and managing the agent itself:
The key features and advantages of the Lit Agent Wallet include:
1. Distributed Key Management
- Keys created on Lit are split into distributed parts—framents—called “key shares”. Each share is stored in a sealed, encrypted VM.
- The complete key never exists in its entirety and parts leaves the confines of the encrypted VM.
- Signing and Encryption policies enforced via Lit Protocol
2. Programmable Policy Control via Lit Actions
- Lit Actions are stored on decentralized networks (blockchain and IPFS) and are the abilities, tools, and context that are delegated to the LLM
- Actions inherit the same properties as smart contracts: immutable yet upgradable
- Users control agents through an on-chain registry of tools and policies
- Control of these policies can be managed by individual accounts or via a DAO vote—it's all on-chain
From the POV of Agents, blockchains are another tool.
The Lit Agent Wallet provides a plug-and-play approach to multi-chain agent development for using tools like “swap”, “mint”, “allow list”, and “spending limit”
- Deploy verifiable policies that can be used to manage tools on any blockchain for virtually any use case
- Maintain uniform security guarantees everywhere
- Smart contract knowledge is not required
The Agent Web Frontier
This infrastructure enables a new generation of DeFi agents. Now, agents can do things on behalf of people and organizations. Users can rest easy knowing that funds are safe from hallucinating LLMs and careless or evil developers.
If you’re experimenting with anything related to the below ideas, you’re invited to say hi in the builders circle!
- Yield generation across protocols
- Treasury management with precise controls
- Market-responsive rebalancing
- Cross-chain portfolio optimization
- Risk-bounded trading strategies
In addition to agents that trade, the Lit Agent Wallet can be used to manage and program any secret, like a social media password or an API key. Read more on that here:
Getting Started
Jump in here → https://github.com/LIT-Protocol/agent-wallet