Thread by @enclavemarkets

1/ Since we launched in early September, we’ve been digging in to explain exactly what Enclave Markets is and why it’s special as the first fully encrypted exchange (FEX)...

Before we dive into what a FEX is, we need to start with why Enclave Markets was started

An overview:

2/ Trading crypto began with centralized exchanges (CEX), which was a fantastic way to accelerate trading but left traders vulnerable to certain insider action – including the risk of trading against users and hunting liquidations...

3/ Then came decentralized exchanges (DEX) and AMM’s, which provided some privacy but still left institutions susceptible to MEV and market signaling via wallet watching...

4/ So how does that bring us to Enclave Markets? We are combining the best parts of CEXs and DEXs to create the world’s first and only fully encrypted exchange (FEX). Enclave’s breakthrough technology gives traders - for the first time ever - what they need to protect their alpha

5/ As a FEX, Enclave Markets guarantees:

1. Zero market manipulation, insider trading or front running. Orders are correctly executed and always confidential. Not even the central operators of the order book can decipher order flow. Your trades are private.

6/

2. Funds are never custodied by a central authority. Your assets are always under your control, and only belong to you.

7/ We are incredibly excited about what this technology allows institutional and individual traders to do and the new strategies that it allows for... and the tech is already in production via our first product, Enclave Cross.

8/ If you’re an institution and want to execute block trades confidentially, come onboard with us there and experience the first application of FEX technology!