Interview with Yoann Defay and Jeremy Dahan, co-founders of AssetSwap.ai
Intro
In a DeFi landscape where daily rug pulls have become normalized — and where DEX platforms generate fees even when users lose everything — AssetSwap.ai is proposing a radically different model.
We sat down with the platform’s co-founders, Yoann Defay (CTO) and Jérémy Dahan(CEO), to discuss why meme coin trading needs an AI-powered reset, what VibeFi really means, and how their tool is helping beginners survive in one of the most chaotic corners of crypto, specially in Meme coin markets.
Q1: DEXes like Pump.fun and Axiom are generating millions in fees — mostly from meme coins. How much of that volume do you think is actually “real”?
Jérémy:
If you define “real” as value created for the user, it’s probably under 10%. Most of the volume is raw speculation — users chasing hype without tools, getting rugged, and repeating the cycle. And guess what? The DEX still wins. They charge fees on every entry and exit. They don’t care who survives.
Yoann:
From a technical point of view, we’ve seen huge clusters of liquidity cycling between wallets and tokens created in seconds. That’s not real trading. It’s just noise designed to generate fee revenue — and it works, at scale.
Q2: It’s estimated that over 90% of meme coins today are scams or low-effort rugs. Why are DEXes still letting this happen?
Jérémy:
Because they benefit. The more chaos, the more volume. It’s not a bug — it’s their business model. They don’t want filters. They want frictionless pumps and exits. Retail is the exit liquidity.
Yoann:
They’ve optimized for throughput, not trust. It’s like giving anyone a printing press and not caring what they print, as long as someone clicks “buy.”
Q3: Are DEXes financially incentivized not to protect users?
Jérémy:
Absolutely. Let’s be blunt — protecting users would mean slowing down volume. And volume is their KPI. So when we step in with tools like AssetSwap that flag scams or recommend safer entries, it goes against their economic incentives.
Yoann:
That’s why they don’t integrate risk signals or AI scoring at the protocol level. It’s not profitable for them to slow you down before you ape in.
Q4: You coined the term “RugFi.” What does that mean exactly?
Jérémy:
RugFi is the system where rugs are normalized, and platforms profit from it. It’s DeFi with no defenses. The problem isn’t just bad actors — it’s that the system is designed to welcome them.
Yoann:
It’s also an infrastructure term. RugFi is what happens when tools aren’t connected, signals aren’t scored, and the user has to fend for themselves with no intel. We’re changing that.
Q5: So is this a cultural problem, or a structural one?
Jérémy:
It’s both. The culture glorifies aping in and “degen” behavior, but that only works for whales or insiders. Structurally, it’s worse — DEXes don’t screen anything, and the average user is flying blind.
Yoann:
When structure is missing, culture becomes dangerous. If you want to change the culture, you need to build better infrastructure — that’s what we’re doing with AI.
Q6: How does AssetSwap.ai protect users in real time?
Yoann:
We created AI-Pick, our flagship signal engine. It analyzes over 10,000 data points in real time — things like wallet behavior, LP unlocks, bot activity, dev token holdings, liquidity patterns, and social signals.
Every token gets a live score. You see what’s trending, but also what’s dangerous. It’s signal-first, not sentiment-first.
Jérémy:
For the user, it’s simple. They just type: “What’s safe to enter on Solana today?”
The AI filters, scores, and suggests trades — clean, accurate, and emotion-free. That’s Vibe Trading.
Q7: Are you trying to fix the DEX problem — or replace it?
Jérémy:
We’re not trying to replace DEXes. They’re infrastructure. But we are building an intelligent layer on top of them — one that prioritizes the user, not the volume.
Yoann:
Exactly. Think of AssetSwap as the brain. The DEX is the muscle — fast but blind. Together, they work. But only if the brain is in control.
Q8: Can a total beginner really trade meme coins safely with your platform?
Jérémy:
Yes. That’s the magic of VibeFi. You don’t need to know how to trade. You just describe what you want: “Safe coins under $10M market cap,” or “Tokens trending in Telegram but not yet pumped.”
Our AI turns that into action — scoring tokens, giving signals, and helping you trade intelligently.
Yoann:
Behind the scenes, it’s complex. But for the user, it feels like talking to ChatGPT — except it can execute trades. That’s how we onboard the next wave of crypto users.
Q9: What makes AssetSwap.ai different from other AI trading tools?
Yoann:
Most AI tools just give predictions or sentiment summaries. We do live analysis, live scoring, and live execution. The AI doesn’t just talk — it acts.
Jérémy:
We’re also focused on meme coin survival, not just alpha. Our mission is not to help you win big once — it’s to help you avoid losing over and over.
Q10: Final message to DEX founders?
Jérémy:
You can keep profiting from rugs — or you can start building tools to protect your users. If you don’t, we will.
Yoann:
And we already are.
About AssetSwap.ai
AssetSwap.ai is the first GPT-style trading assistant for meme coins, crypto tokens, and tokenized assets. It provides real-time AI analysis, token safety scoring, and prompt-based execution across major chains. Designed for both beginners and experienced traders, AssetSwap is redefining what it means to trade in DeFi — safely, intelligently, and without fear.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
