Tel Aviv-based decentralized finance (DeFi) platform PriveX has officially launched on the COTI mainnet, offering a novel approach to perpetual decentralized trading. The platform emphasizes privacy, automation, and composability, providing users with an efficient and secure trading experience.

Revolutionizing Perpetual Trading with Privacy-Focused Technology

PriveX allows users to trade over 300 perpetual pairs with institutional-grade performance, all while keeping trade data private. Built on COTI’s innovative privacy infrastructure, the platform delivers a user experience comparable to centralized exchanges but retains the benefits of decentralization.

Trades on PriveX are executed through a private, intent-based backend powered by Symmio. This backend aggregates liquidity from multiple sources, including both decentralized and centralized venues. By sourcing liquidity from platforms such as Binance, PriveX ensures seamless trade execution while safeguarding users against front-running and strategy leaks. The platform supports both manual trades and autonomous, AI-driven strategies, catering to a diverse range of trading needs.

“PriveX exemplifies the kind of innovation we’re enabling at COTI, where privacy, performance, and AI come together to serve real-world trading needs,” said Shahaf Bar-Geffen, CEO of COTI.

Next-Level Privacy with COTI’s Garbled Circuits Protocol

What sets PriveX apart from traditional decentralized exchanges (DEXs) is its use of COTI’s Garbled Circuits privacy protocol. Unlike DEXs that broadcast user intentions before trade execution, PriveX masks transaction details until after the trade is completed. This approach minimizes slippage and protects proprietary trading strategies.

The platform’s solver network is designed to interpret user-defined trading intents while continuously monitoring market conditions across various liquidity sources. Once the specified parameters are met, trades are executed discreetly without publicly broadcasting order details. This privacy-first architecture is particularly beneficial for autonomous trading agents that rely on real-time confidentiality to maintain their performance integrity.

Designed for AI-Driven Trading Strategies

PriveX is purpose-built to support emerging AI use cases, especially those involving autonomous trading agents. The platform’s privacy and composability features make it an ideal environment for advanced, algorithm-driven strategies. In the near future, PriveX plans to introduce an AI agents portal, enabling users to access more sophisticated trading tools and strategies. Additionally, the platform aims to roll out new features that further integrate COTI’s robust privacy infrastructure.

By combining privacy, automation, and cutting-edge technology, PriveX is setting a new standard for decentralized perpetual trading. As the platform continues to evolve, it promises to unlock greater opportunities for traders seeking secure and efficient solutions in the rapidly growing DeFi space.

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