Trade the price, not your privacy.
Buy a stock token outright, or take a position on its price with up to 2x leverage. Your balances and positions are private; only deposits and withdrawals touch your public wallet.
Pick a market
Every market is a stock token (TSLA, AMZN, PLTR, NFLX, AMD), priced in USDG. Prices come from an oracle that updates every few seconds. You can save markets, filter by spot or perps, and search from anywhere with ⌘K.
Choose spot or perps
Spot swaps USDG for the token in a private pool. You own the token in your private balance and nothing can be liquidated.
Perps are a margin position on the price. You don't receive the token. A maker's standing offer takes the other side. You can go long or short with 1x, 1.5x or 2x, up to the market's maximum.
Review the numbers
Before anything happens you see your price, the worst price you accept, the fee, the money you put up, where the position would be closed out, and how long you're willing to wait. Change the slippage limit and expiry in Settings.
Prove and lock
Your browser builds a proof that the trade follows the rules, without revealing your balance. A relayer submits it and pays the gas, so your public wallet isn't involved. If nothing fills before expiry, your funds come back automatically.
Deposits (shield) and withdrawals (unshield) use your connected wallet and are public. Their timing and size can give clues, so vary them.
A 2x example
You put up 1,000 USDG at 2x. That's a 2,000 USDG position. If the price rises 10%, you make about 200 USDG, which is 20% of your margin, before fees and funding. If it falls about 23%, the position is closed out.
Example maths, long at 2x, 35% maintenance margin, before fees and funding.