🔵Welcome to PriveX

What is PriveX? PriveX is an advanced decentralized exchange (DEX) operating on the COTI's Privacy network. It pioneers the development of the first intent-based privacy DEX, combining the strengths of centralized and decentralized exchanges to create a revolutionary trading platform. PriveX harnesses cutting-edge technologies to deliver a seamless on-chain trading experience. Built on the scalable Coti L2 Privcay network following our Base Beta version, the platform integrates account abstraction for enhanced user control and SYMMIO, a breakthrough settlement layer for secure derivatives. Additionally, our partnership with IntentX ensures best-in-class UX/UI services, providing intuitive and user-friendly interfaces for all traders.

Intent-Based Architecture PriveX revolutionizes on-chain trading with a novel intent-based approach. Instead of relying on traditional order books or virtual automated market maker (vAMM) models, where traders execute orders against committed capital, PriveX enables traders to express their trading intentions for execution by external solvers.

This expression of intent reshapes trading dynamics, allowing for more efficient, liquid, and scalable financial markets on-chain. The protocol bridges decentralized trading security with centralized exchange (CEX) liquidity, addressing liquidity constraints in DeFi and marking a significant shift from conventional systems. Mission & Vision Mission At PriveX, our mission is to revolutionize DeFi by migrating derivatives trading from centralized exchanges to the blockchain, offering a technically advanced and user-friendly trading environment. We prioritize privacy, ensuring that all transactions are confidential and secure. Through complete account abstraction and gasless trading, we aim to provide a seamless, efficient, and intuitive experience for all users. By breaking down DeFi's complexity and opacity, we foster transparency, user autonomy, and uphold decentralization's core values.

Vision PriveX aspires to become the first and largest decentralized exchange on the Privacy network, setting a new standard in privacy-focused crypto trading. Our immediate goal is a successful platform launch that attracts a significant user base. We are committed to proving our superior trading environment through enhanced privacy, intent-based mechanisms for high-volume trades without large liquidity pools, and robust security features. Long-term, we aim to merge centralized exchange benefits with decentralized frameworks, continuously enhancing security and privacy. Trading on PriveX

• Trade Perpetual Futures: Access to trade a wide range of top crypto pairs with deep liquidity.

• Leverage: Utilize up to 60x leverage on perpetuals to amplify exposure or hedge risk.

• Trader Incentives: Earn PRVX rewards through our "trade to earn" incentives.

• Cross-Margin Accounts: Optimize capital use by managing a universal margin that combines all balances and positions.

• Sub-account Support: Manage multiple sub-accounts under the same wallet address for diverse trading strategies and risk segregation.

• Self-Custody: Non-custodial trading ensures only you control your assets.

• Permissionless and Trustless: Enjoy permissionless access without KYC, with full security and freedom from account freezes or blacklisting.

• Intuitive & Streamlined UX: Benefit from industry-leading UX with one-click trading, account abstraction, gas management, and integrated on/off-ramps for easy onboarding. Unique Value Proposition of PriveX Deep Liquidity

  Key Feature: Bridges liquidity from CEXs to on-chain. Benefits to Traders:

  • Best price execution with minimal slippage.

  • Efficient price discovery.

  • CEX-like liquidity and execution with DEX security.

  • Liquidity aggregator sources from multiple platforms.

  Capital Efficiency

  Key Feature: JIT (Just-in-Time) liquidity architecture eliminates up-front capital commitment by solvers to stream quotes.

  Benefits to Traders and Solvers:

  • Deep liquidity and wide asset pair availability.

  • Increased freedom and efficiency for market makers.

  • 100 times more capital efficient than existing vAMM derivatives exchanges.

  No Fragmented Liquidity

  Key Feature: On-demand JIT liquidity provisioning.

  Benefits to Chains and Platforms:

  • Rapid multi-chain deployment and expansion.

  • Rapid scaling of open interest (OI) availability.

  Lower Fees

  Key Feature: No liquidity provider (LP) as a counterparty.

  Benefits to Traders and Platforms:

  • Reduced trade costs.

  • More value for PRVX stakers.

  • Lower fees than DEXs and competitive compared to CEX order books.

  Reduced Oracle Reliance

  Key Feature: Uses oracles only for rare dispute resolutions.

  • Security Advantage: Protection against oracle manipulation exploits.

  Managed Position Risks

  Key Feature: Bilateral agreements that isolate risk and ensure solvency.

  • Benefits to the System: Trustless operations, automatic liquidation, and a risk-free environment.

  Superior Trade Execution

  Key Feature: Streamlined quotations via the solver for immediate review.

  User Experience: Faster trade execution compared to traditional RFQ exchanges.