Almanak Review 2026: Non-Custodial DeFi Agent Platform

Almanak describes itself as an agentic hedge fund: a platform for building and running automated financial strategies with AI agents. DefiLlama classes it as an Onchain Capital Allocator and describes it as a DeFi agent platform that combines automation with emerging AI technologies. It has been listed since June 2025.

The homepage says users can trade and earn yield across stocks, commodities and crypto, though the concrete strategy examples it gives are all DeFi: lending loops, concentrated liquidity and delta-neutral positions. Operating company shown in the footer is Algo Theory INC.

On-chain footprint is modest. DefiLlama shows about $263K in TVL across Ethereum and Base, down 0.4% over seven days, and two audits are listed. The homepage claims validated connectors on seven EVM chains, so actual usage may be broader than the TVL tracking shows.

Almanak works as a loop: build, simulate, deploy, monitor. A user describes a strategy in plain language or writes Python, and coding agents help produce reviewable code. That code is versioned in the user's own GitHub repo.

Before going live, the strategy can be paper-traded against forks of live mainnet. When deployed, it runs against the user's own Safe smart account. Zodiac Roles limit the strategy to approved contracts, actions and spending limits, and access can be revoked at any time.

Strategies are built from connectors to existing protocols. The homepage cites leveraged lending loops, concentrated liquidity management and delta-neutral setups that combine perpetuals with spot and lending. Almanak does not act as the venue itself; it automates actions on third-party protocols.

Almanak's fees are not published publicly available for this review. The homepage does not state subscription pricing, performance fees or execution charges.

Users should check the docs and the app before deploying. On-chain costs such as gas and the fees of the underlying protocols (lending, DEXs, perpetuals) would apply to any strategy in addition to whatever Almanak charges.

Almanak's stated model is non-custodial. Funds stay in a Safe smart account, permissions are enforced by Zodiac Roles, and strategy containers run without secrets or internet access, with external calls routed through a gateway. These are design claims from the homepage, not independently verified here.

DefiLlama lists two audits, but the project does not name the auditors or scope. Risk also comes from the underlying protocols a strategy touches, from leverage and liquidation in lending loops and perpetuals, and from errors in AI-generated or user-written code. TVL is small, so the track record is short. No incidents are mentioned publicly. Readers should check local regulatory status and the published terms.

Almanak is aimed at DeFi users and developers who want to automate multi-protocol strategies without handing over custody. It fits people comfortable with Safe wallets, Python and reviewing code. It is a poor fit for beginners seeking passive, guaranteed yield.