Typesafe AI Opens Jev Model, Monad Engineer Uses It to Build 300-Millisecond On-Chain Trading Bot

Odaily reports: AI model developer Typesafe AI has announced the opening of its System One model Jev, removing the waitlist and giving each new user $5 in credits. The project has been developed in stealth for two years and has raised $40 million in cumulative funding.

Jev does not support chat; it only accepts facts and closed-ended questions, returning probabilistic results within 70 to 500 milliseconds. Input pricing is $0.042 per million tokens, and output is free. It can answer questions such as buy or sell, yes or no.

In a Bitcoin price prediction test, Jev estimated a 55% probability that Binance's one-minute K-line would reach $85,000 before 2027, with probabilities of 48% and 34% for reaching $90,000 and $100,000, respectively; the corresponding Polymarket market probability for $85,000 was 81%.

On September 16, Monad Chief AI Engineer Jarrod Watts connected Jev to price data and built a trading bot that submits limit orders to the Kuru on-chain order book approximately every 300 milliseconds. The bot can decide whether to buy or sell based on Jev's judgments and has been open-sourced on GitHub as jarrodwatts/jev-trader. (Bitcoin.com News)