Perpetual futures on BTC, ETH, and more — with fully homomorphic encryption protecting every position. The orderbook is public. Your strategy is not. Welcome to DeFi where the house can't see your cards.
A decentralized exchange where positions are invisible to everyone — including validators
Your position size, entry price, and leverage are encrypted using Fully Homomorphic Encryption. The protocol can compute liquidation conditions on ciphertext without ever seeing the plaintext. No one knows your exposure — not validators, not other traders, not even the chain itself.
The orderbook is transparent and auditable for price discovery, but matched orders are executed with encrypted parameters. You get fair pricing without exposing your strategy.
Liquidation triggers are evaluated homomorphically. When a position breaches its margin threshold, the protocol proves the liquidation is valid without revealing the position details. Mathematically fair, cryptographically private.
Trade BTC/USDT, ETH/USDT, and more major pairs with institutional-grade leverage. Margin requirements are enforced on-chain through encrypted computation — no centralized risk engine, no trust required.
Bring liquidity from Ethereum, Solana, and other chains through ATSHI's zero-knowledge bridge. Trade on ATSHI with assets originating from any supported network, settled with immediate finality.
How It Works
Every existing DEX leaks your strategy. ATSHI is the first where privacy is not optional — it is the protocol.
Your orders cannot be front-run because your position parameters are encrypted. MEV bots see ciphertext, not opportunity. The mempool is no longer a buffet for extractors.
PrivacyMaximal Extractable Value drops to near zero when validators cannot read position data. Sandwich attacks, liquidation sniping, and oracle manipulation become mathematically impossible.
SecurityHedge funds and market makers can trade without broadcasting their strategy to the entire network. Position size, leverage, and PnL stay encrypted until you choose to reveal them.
InstitutionalARCH consensus delivers sub-second finality with no reorgs. Your trade is final the moment it lands in a block — no waiting for confirmations, no uncertainty window for exploits.
PerformancezkBridge connects ATSHI to Ethereum, Solana, and major L2s. Bring liquidity from any chain, trade confidentially on ATSHI, and settle back — all trustlessly verified.
InteroperabilityDespite full privacy, the protocol is publicly auditable. Anyone can verify that liquidations were fair, that the orderbook was not manipulated, and that no insider trading occurred — all via zero-knowledge proofs.
TransparencyNo existing perpetual DEX offers true position privacy. ATSHI is the first to make it real.
| Feature | dYdX | GMX | Hyperliquid | Uniswap | ATSHI DEX |
|---|---|---|---|---|---|
| Position Privacy | None | None | None | None | FHE-encrypted |
| MEV Protection | Partial (off-chain matching) | None | Partial (sequencer) | None | Full (cryptographic) |
| Front-Running Risk | Low (centralized sequencer) | High | Low (own L1) | High | Zero |
| Leverage | Up to 20x | Up to 100x | Up to 50x | N/A (spot) | Up to 20x |
| Finality | ~1 second | ~2 minutes (Arbitrum) | ~0.2 seconds | ~12 seconds (L1) | Sub-second, final |
| Cross-Chain | Bridge required | Arbitrum only | Own chain only | Multi-chain (fragmented) | zkBridge native |
| FHE Technology | None | None | None | None | Protocol-native |
Join the first decentralized exchange where your positions are cryptographically invisible. No front-running. No MEV. No compromise. Just pure, private trading.