Dunamu is expanding the artificial intelligence (AI)-based market information service on Upbit DataLab.
Dunamu said on Thursday it revamped related services to help users more easily identify major trends in the digital asset market and the reasons behind price fluctuations by using AI to analyze market data and news.
The key focus of the revamp is to link market data and news to reduce the burden on users of interpreting complex information themselves.
The "AI Market Report" is a service that comprehensively analyzes key market data and news on Upbit DataLab and provides the market situation in a video of 90 seconds or less.
It summarizes overall market moves based on the Upbit Composite Index, prices of major assets, rising and falling assets, and market sentiment indicators. AI selects key issues based on criteria including price trends and market impact, and provides the main points.
The AI Market Report is available at 10 a.m. on weekdays on Upbit DataLab and Upbit's official YouTube channel.
It also added "Uptrace," which analyzes price fluctuations of individual digital assets.
Uptrace is a service in which AI analyzes key factors that influenced price movements by tracking price data for individual assets and related news. Users can view price trends, related news at the time and AI analysis together.
Users can view price fluctuation analysis for a specific point by selecting the diamond icon shown on the chart on the individual asset page in Upbit DataLab.
It revamped the existing "AI News Briefing" by dividing it into "Real-time Issues" and "Topic NOW."
"Real-time Issues" delivers newly emerging market issues by having AI classify digital asset-related news by issue and organize it by importance.
"Topic NOW" groups related content scattered across multiple news items into a single topic. It summarizes the key points of each topic in no more than three paragraphs and also shows major developments after the issue emerged.
Kim Dae-hyun (김대현), chief data officer (CDO) at Dunamu, said, "As the digital asset market moves 24 hours a day, users may have difficulty checking and interpreting it themselves." He added, "We will continue to advance it to create an environment that can be understood easily and quickly by using AI."