According to Odaily, decentralized exchange aggregator ParaSwap is launching an intent-based trading protocol aimed at mitigating the millions of dollars lost daily to MEV (Miner Extractable Value) attacks in cryptocurrency trading. This new protocol allows users to define their trading 'intentions' rather than exposing raw transactions to the memory pool, addressing the issue through a three-step process for submitting intended trades. The process begins with preprocessing, where users define their intentions, such as price ranges. This intention is then submitted to an auction where AI agents compete to propose the most efficient execution strategy, considering factors like liquidity and timing. The winning agent executes the trade through the Portikus Swap module, adhering to the user's intentions and minimizing the risk of MEV exploitation.