Enclave Markets operates a fully encrypted cryptocurrency exchange that utilizes Secure Enclave technology to ensure transaction privacy and protect against front-running and miner extractable value (MEV). The platform offers decentralized custody and low-latency execution, enabling secure trading with deep liquidity and no slippage.
Funding
$11.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Cryptocurrency exchanges are vulnerable to front-running and miner extractable value (MEV), which can lead to users being exploited. Existing exchanges often lack sufficient privacy and security measures, making them susceptible to data leaks and surveillance.
Solution
Enclave Markets provides a fully encrypted cryptocurrency exchange that leverages Secure Enclave technology to protect transactions from front-running, MEV, and data leaks. The platform offers decentralized custody solutions through an Attestor Network, ensuring users maintain control over their funds. Enclave Markets delivers low-latency execution and deep liquidity via a centralized order book and an Enclave Cross crossing network, mitigating slippage and enhancing trading efficiency. The exchange supports Web3 authentication, allowing users to sign in with their wallet's cryptographic keys, and offers an attractive fee structure for in-size trades.
Target Audience
Enclave Markets targets both institutional and individual crypto traders seeking a secure, private, and efficient trading environment with decentralized custody and protection against front-running and MEV.
Features
- Secure Enclave technology ensures cryptographic protection of every transaction, preventing data leaks, front-running, and MEV
- Decentralized custody options through an Attestor Network or integrations with qualified custodians
- Off-chain order book for instant trade execution with no gas fees and low latency
- Enclave Cross crossing network enables confidential order book trading with execution at a fair midpoint price and no slippage
- Central limit order book provides deep liquidity and execution at the user's specified price
- Web3 authentication allows users to sign in with their web3 wallet’s cryptographic keys
- Integration with credit networks enhances capital efficiency and mitigates counterparty and settlement risk
- FEX ensures regulatory compliance through immutable, verifiable transaction logs and cryptographic attestations