privacy

summary

Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX.

I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations.

Even with a CEX

@cz_binance There’s a paper I co-authored on this problem: https://t.co/TdWxyON09l. It describes how to build a private on-chain DEX (a dark pool of sorts), using ZK and threshold homomorphic encryption.

But two years later, I’ve taken a more pragmatic view — and I think building

Damian Straszak

opinions on this take? https://x.com/damian_straszak/status/1929930054001201616