COTI launches PriveX, a privacy-first platform for perp buying and selling
Tel Aviv-based DeFi platform PriveX has formally gone dwell on the COTI mainnet, introducing a brand new method to perpetual decentralized buying and selling that prioritizes privateness, automation, and composability.
Constructed for intent-based execution, PriveX allows customers to commerce greater than 300 perpetual pairs with institutional-grade efficiency, all with out exposing commerce knowledge on-chain.
Working on COTI’s (COTI) privateness infrastructure, PriveX goals to carry a centralized exchange-like expertise to decentralized markets. Trades are executed via a non-public, intent-based backend powered by Symmio, which sources liquidity from each decentralized and centralized venues, together with Binance. This method protects merchants from front-running and technique leaks, whereas supporting each guide and autonomous AI-driven trades.
“PriveX exemplifies the form of innovation we’re enabling at COTI, the place privateness, efficiency, and AI come collectively to serve real-world buying and selling wants,” stated Shahaf Bar-Geffen, CEO of COTI. “This launch is a significant step ahead for COTI and for DeFi as a complete.”
Privateness-first structure provides PriveX an edge in intent-based buying and selling
Not like conventional DEXs that broadcast person intentions earlier than execution, PriveX is the primary to make use of COTI’s Garbled Circuits privateness protocol for commerce privateness. By masking transaction knowledge till after execution, the platform minimizes slippage and protects proprietary buying and selling methods. That is particularly helpful for autonomous brokers that depend on real-time privateness to take care of efficiency integrity.
PriveX’s solver community interprets user-defined buying and selling intents and displays market situations throughout liquidity sources. When parameters are met, the commerce is executed discreetly, with no public broadcast of order particulars.
This structure is purpose-built to assist rising AI use instances, notably these involving autonomous buying and selling brokers. Trying forward, PriveX can also be growing an AI brokers portal to present customers entry to extra subtle methods, together with new options that additional combine COTI’s privateness layer.