Anomaly Detection Service - What is it?

The DeFinity Anomaly Detection is a crypto and financial market nowcasting service targeting a selection of liquid crypto assets like BTC, ETH, ADA, DOT, BNB or XMR. The DeFinity Anomaly Detection service is powered by a machine learning model that seeks to identify unusual behaviour in the markets.

While noticing a sharp price change is simple for anyone, analysing the relationships among dozens of variables simultaneously is a hard task even for the most experienced traders. This service helps you to recognise breaks (temporary or structural) in the typical patterns governing markets, which may sometimes precede price changes.

Please find more information in this press article.