Fetch.ai has unveiled its uAgent-EVM-MCP tool, enabling developers to interact with 30+ Ethereum Virtual Machine (EVM) networks using natural language commands. This breakthrough leverages the Model Context Protocol (MCP) to simplify blockchain interactions for smart contract deployment and data queries.
The open-source framework allows AI agents to execute complex tasks like token swaps or NFT minting through conversational prompts. Developers can now bypass traditional coding requirements for EVM-compatible chains including Ethereum, Polygon, and Binance Smart Chain.
Integration with Agentverse, Fetch.ai’s decentralized agent coordination platform, enables automatic discovery of specialized AI agents for cross-chain operations. This development follows Google’s recent announcement of Gemini API compatibility with MCP tools at I/O 2025.
uAgent-EVM-MCP: Bridging Natural Language and Blockchain
The tool translates English instructions into executable code through a three-step process: intent recognition via LLMs, MCP-based tool selection, and on-chain execution. Early tests show 89% accuracy in deploying basic ERC-20 contracts without manual coding.
Key features include:
- Cross-chain balance checks via queries like “Show my ETH and MATIC holdings”
- Automated yield farming strategies across DeFi protocols
- Real-time gas fee optimization across networks
MCP Emerges as Agent Interoperability Standard
Google’s integration of MCP with Gemini APIs and Microsoft’s Agentic Web announcements at Build 2025 signal growing industry adoption. The protocol now handles over 4.3 million daily API calls between AI agents and web3 services.
Recent developments include:
Platform | MCP Integration | Impact |
---|---|---|
Google Gemini | Smart contract analysis | 35% faster dApp debugging |
Microsoft Azure | Agent orchestration | 18% cost reduction |
Fetch.ai Agentverse | Multi-chain coordination | 63% faster cross-chain swaps |
Market Impact and Token Performance
The FET token surged 12% following the announcement, outperforming the broader AI crypto sector’s 3.4% average gain. Render (RNDR) and other agent-focused projects saw correlated movements:
- FET: $2.41 β $2.71 (12h change)
- RNDR: $11.02 β $11.48 (4.2% increase)
Analysts note increased developer activity on Fetch.ai’s GitHub repository, with 287 new commits in the past week. The project’s upcoming MCP Build Day at AGI House California on May 17 could drive further adoption.
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Market observers anticipate increased institutional interest in MCP-compatible projects, particularly following Franklin Templeton’s recent Poznan conference highlighting AI-blockchain convergence. As agent-to-agent communication becomes standardized, protocols enabling seamless cross-chain operations may see sustained demand growth through 2025.