Loomlay PriceLAYInactive

What is Loomlay (LAY)?

Loomlay is a no-code platform built on the Base network that enables users to create, launch, and connect autonomous AI agents. The project positions itself as a discovery platform for crypto apps with capital-backed voting, using the tagline "Pre-commit. Get allocations. Build your track record." Its core focus is making AI agent creation accessible to users without programming expertise, allowing individuals to build teams of specialised agents that collaborate to solve complex tasks.

The platform's flagship application centres on AI-powered trading agents designed for automated execution in the crypto space. Unlike conventional trading bots that rely on deterministic scripts and basic price triggers, Loomlay agents are built to act on abstract and arbitrary conditions, performing multi-layered analysis that can include chart evaluation, social sentiment checks, and consultation with other agents before executing trades. The LAY token launched on Dec. 30, 2024, with an initial total supply of 1 billion tokens. Within weeks of launch, the total supply was burned down to approximately 46%, and the token is not mintable. The project has since announced a reboot and integrated its trading tools with the x402 Protocol.

Key Specifications & Tokenomics

• Name: Loomlay
• Ticker / Symbol: LAY
• Primary Blockchain / Network: Base
• Token Standard: ERC-20
• Token Launch Date: Dec. 30, 2024
• Primary Contract Address (Base): 0xb89D354AD1b0d95a48b3De4607F75a8cD710c1bA
• Solana Contract Address (Bridged via Wormhole): sRCDYrKbg186hfdrVnY3K8WTeW13cj7M25sA1Kvx2f7
• Vesting Contract for Team & Advisors (Base): 0x0a0518086736C90FB8Cc91121f3Fa3FC8Ab472C0
• Airdrop Contract (Base): 0xEd13dF0bf2C90a33A2FaA305e78a8844a4F8dFfb
• Treasury / Community Incentives (Base): 0xa4E4F118645f28B0d5BEc2E6d6C1c943A34F22b2
• Burnt Tokens Address: 0x000000000000000000000000000000000000dEaD
• Initial Total Supply: 1,000,000,000 LAY
• Current Total Supply: 465,813,837.22 LAY
• Max Supply: 465,861,236.77 LAY
• Self-Reported Circulating Supply: 154.22M LAY
• Categories / Tags: Base Ecosystem
• CertiK Rating: 3.1
• Token Rep (BaseScan): Neutral
• Official Website: https://loomlay.com/
• Whitepaper: https://dev.loomlay.com/

Who created Loomlay?

The Loomlay platform was developed by a team of forward-thinking innovators focused on democratising AI technology. According to RootData, Darius D. is listed as Founder with an associated X account, and the team status is marked as Active. Specific details about the broader founding team remain limited in publicly available resources, though the project's core mission reflects a clear vision of enabling users to create and deploy AI agents without coding expertise. The team has focused on building an ecosystem that combines no-code tools, tokenised assets, and collaborative AI workflows. In a post on X, the team stated: "Just wanted to clear things out - none of our founding team members or developers is behind it or has any association with it. our reboot is coming soon."

How does Loomlay work?

Loomlay operates through a no-code agent builder that allows users to define goals and capabilities for autonomous AI agents. The platform integrates several core components. The Agent Builder provides a no-code interface for creating agents. A Plugin System offers a growing ecosystem of plugins that enhance agent functionality, from market analysis to content creation. A Collaboration Layer enables agents to work together, supporting complex workflows and value generation. Built-in ERC4337 wallets provide account abstraction capabilities, while automated value distribution handles fee flows.

For trading agents specifically, the system performs contextual intelligence by considering multiple data points before making buy or sell decisions. Agents can analyse charts, check social sentiment, and consult other agents, then execute complex verification systems as comprehensive due diligence before trades. The platform also supports agent tokenisation, where each agent becomes an asset that can be owned, traded, and monetised. All newly launched agent tokens are automatically paired with LAY on Uniswap v3 to ensure consistent liquidity.

What makes Loomlay unique and valuable?

Loomlay differentiates itself from traditional trading bots through human-like decision making and adaptive strategies. While conventional bots are limited to preconfigured scripts and deterministic logic that respond only to basic market conditions like price and volume, Loomlay AI agents can act on abstract and arbitrary conditions. They perform multi-layered analysis, consult other agents, and modify their approach based on changing market conditions.

The platform's no-code approach removes technical barriers to entry, allowing creators without programming expertise to build and deploy networks of autonomous agents. Through tokenisation, creators gain true ownership of their innovations, with each agent becoming an asset that generates real value. Creators can earn from their work by accruing fees from the agent's traded token, generating revenue through pay-as-you-go services, or selling the agent on the platform. The integration with the x402 Protocol gives agents access to deeper market intelligence, including token analysis capabilities.

What is Loomlay used for?

The LAY token plays a central role in the Loomlay ecosystem, driving liquidity, utility, and value capture. Its primary purposes include liquidity pairing, where all newly launched agent tokens are automatically paired with LAY on Uniswap v3 to ensure consistent liquidity. Developers set usage prices for agents and plugins in LAY, driving demand for the token. The fee structure incorporates deflationary mechanics: a 1% fee is collected from all agent token buy transactions, with half distributed to the agent's creator and half burned; a 1% fee is collected from all agent token sell transactions, with 100% burned. This burning mechanism reduces the total supply of LAY over time.

The platform also features a token launch function that allows users to launch a token instantly for themselves or any creator, specify a beneficiary via Twitter or GitHub, select a starting market cap, and benefit from anti-snipe protection. LAY tokens can be bridged between Base and Solana using Wormhole, with combined balances across both chains tracked for holder purposes.

How Is the Loomlay ecosystem developing?

The Loomlay ecosystem centres on agent tokenisation, where users can tokenise their agents and monetise them through trading and platform services. All newly launched agent tokens are automatically paired with LAY on Uniswap v3. The Wormhole Bridge enables LAY tokens to move between Base and Solana. Recent developments include the integration of Loomlay trading tools with the x402 Protocol, giving agents access to deeper market intelligence and token analysis capabilities. LAY has also been tradeable on the Coinbase app.

Community metrics show significant holder participation, with 80,347 holders recorded on BaseScan as of Aug. 21, 2026, and 80,345 holders per Phantom. The project maintains an active presence on X at @loomlayai and has a Telegram community. The team has announced that a reboot is coming soon, indicating ongoing development efforts. The platform also offers a bridge page for moving LAY tokens between Base and Solana, and a launch page for creating new tokens with anti-snipe protection.

How to mine Loomlay?

LAY is not a mineable cryptocurrency. It is an ERC-20 token on the Base network that was launched with a fixed initial supply of 1 billion tokens, which was subsequently burned down to approximately 46% of the original amount. The token is not mintable, meaning no new LAY tokens can be created through mining or staking rewards. Instead of traditional mining, LAY operates on a deflationary model where transaction fees from agent token buys and sells are partially or fully burned, reducing the total supply over time.

Users can acquire LAY through trading on supported platforms or by participating in the ecosystem as agent creators and plugin developers. Creators earn LAY through agent runtime and plugin usage fees, as well as through the fee structure that distributes a portion of buy transaction fees to agent creators. The platform's value distribution mechanisms are automated, ensuring creators receive their share of generated value.

How to keep your Loomlay Coin safe?

Security best practices for holding LAY begin with verifying contract addresses before any transaction. The primary contract on Base is 0xb89D354AD1b0d95a48b3De4607F75a8cD710c1bA, and the Solana bridged contract is sRCDYrKbg186hfdrVnY3K8WTeW13cj7M25sA1Kvx2f7. Users should always confirm these addresses through official channels before interacting with any contract.

Given that Phantom has flagged the token as unverified with the warning "This token is unverified. Only interact with tokens you trust," and CoinMarketCap notes that its team has not verified the project's information, extra caution is warranted. Store LAY in reputable self-custody wallets that support the Base network, keep private keys and seed phrases offline and secure, and never share them with anyone. Be aware that the token has experienced significant price volatility and is considered high-risk by some platforms. Always conduct thorough research and monitor market performance closely before making investment decisions.