Institutional liquidity meets cryptographic privacy. FHE-encrypted order matching on Solana. Native Bitcoin settlement via Ika dWallets. Zero MEV. Total Anonymity.
Order sizes and prices are encrypted via Encrypt's Fully Homomorphic Encryption. Matching happens on ciphertexts β the executor never sees plaintext values.
#[encrypt_fn] bid_price >= ask_price
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Bridge-less Native Bitcoin
No wrapped tokens. No bridges. When orders match, the Ika MPC network generates a native Secp256k1 signature that settles directly on the Bitcoin network.
ctx.approve_message(..., Secp256k1)
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Zero MEV Exposure
Order flow is invisible until settlement. Validators see only ciphertexts β front-running and sandwich attacks are cryptographically impossible.
orderbook: ββββ [ENCRYPTED]
How It Works
01
Encrypt & Submit
The client encrypts order parameters (price, volume) using the Encrypt TS SDK. The ciphertexts are submitted to the Solana smart contract, maintaining complete privacy on-chain.
02
Homomorphic Matching
The Solana program invokes the Encrypt executor via a CPI. The executor evaluates the trading algorithm over the encrypted data (FHE) without ever decrypting it, ensuring zero MEV leakage.
03
Bridge-less Native Bitcoin
Upon a successful match, the program calls the Ika Protocol. Ika's decentralized dWallet network generates a 2PC-MPC Secp256k1 signature to settle the trade natively on Bitcoin, completely eliminating bridge custody risk.