Trading
Why Trading?
Trading on-chain has always been a top priority for users, but it comes with one big problem: everything is public.
Take RailGun, for example—a provider of private swaps. Their users collectively earn around $5M USD, proving the demand for privacy in trading. But the broader market still struggles with transparency issues that harm traders in multiple ways:
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Public Trades Mean Public Secrets:
- Every trade is an open book, exposing transaction details for anyone to see.
- Result? Traders lose their competitive edge as strategies can be copied, front-run, or reverse-engineered.
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Information Asymmetry Matters:
- Financial systems thrive on information asymmetry, where unique insights or strategies are rewarded.
- Publicly visible trades destroy this edge, leveling the playing field in the wrong way.
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Private Groups Exploit "Alpha":
- Instead of open competition, closed Telegram groups and cabals are exploiting private trade secrets.
- This creates an uneven dynamic, resembling insider trading in traditional finance.
The Solution
By enabling privacy for on-chain strategies, we can restore fairness. Traders can execute their unique strategies without fear of being exploited, incentivizing them to participate openly while keeping their competitive edge intact.
Who is the User?
Let’s break it down—there are two main personas who benefit from private trading:
1. Degen Traders
- These are the pros, the high-risk, high-reward players of the crypto world.
- They need to move funds between addresses without creating obvious linkages that could expose their strategies.
2. Daily Taskers
- These are everyday users who value privacy in their financial lives.
- For example, they don’t want to share their address with a sender, as it could reveal their entire balance sheet.
Advantages of Private Trading
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Simplifying Payments for Web2 Users:
- Make crypto transactions feel as seamless as Venmo or PayPal, with privacy baked in.
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Trade Privately with Bots (Coming Soon):
- A bot that enables secure, private trades without exposing sensitive details.
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Dollar-Cost Averaging (DCA) Privately (Coming Soon):
- Automate your investments in privacy, ensuring no one can track your accumulation strategy.
Why Private Trading Matters
By bringing privacy to on-chain trading, we’re leveling the playing field in the right way. Whether you’re a degen trader protecting your edge keeping your balances private, the ability to trade confidentially is a game-changer for fairness and security.