Key highlights:
- PriveX debuts on COTI, bringing privacy-focused perpetual trading with support for over 300 trading pairs.
- Uses Garbled Circuits and intent-based execution to protect strategies and avoid front-running.
- Launch includes a reward campaign with PriveX points and SYMM tokens for early users.
COTI welcomes PriveX, a privacy-focused perpetuals DEX
PriveX, a decentralized exchange offering perpetual trading, is now live on the COTI blockchain. Built around privacy, automation, and liquidity efficiency, the platform introduces a new on-chain trading model designed for both manual and autonomous users.
By leveraging COTI’s Garbled Circuits-based privacy layer, PriveX allows traders to execute transactions without exposing their strategies. Unlike typical decentralized platforms that reveal pending trades to the public, PriveX conceals user behavior until orders are finalized, reducing risks such as slippage and front-running. This ensures a more secure environment for professional and institutional traders alike.
At its core, PriveX uses intent-based execution—a system where users set their desired trade outcomes rather than crafting exact order parameters. A backend solver network, powered by Symmio, processes these intents, finding optimal execution paths across centralized and decentralized liquidity venues. Currently, this includes top exchanges such as Binance.
With support for over 300 trading pairs, PriveX aims to deliver a CEX-level experience within a fully decentralized framework. The platform is designed to appeal to a broad user base, from retail traders to developers deploying AI-powered autonomous agents. These agents can independently monitor markets, open and close positions, and adjust strategies in real time.
“PriveX exemplifies the kind of innovation we’re enabling at COTI—where privacy, performance, and AI come together to serve real-world trading needs. This launch is a major step forward for COTI and for DeFi as a whole.”
—Shahaf Bar-Geffen, CEO of COTI.
The bottom line
PriveX’s launch on COTI introduces a significant evolution in decentralized finance—one that prioritizes user privacy and autonomy. With advanced features like intent-based execution and AI trading agent integration, PriveX is positioned to set a new benchmark in perp DEX functionality. The platform’s live reward program offers early users PriveX points and SYMM tokens, setting the stage for future airdrops and additional incentives. Further developments, including an AI portal and deeper integration with COTI’s privacy technology, are already in the pipeline.
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