The protocol is designed around shielded user transactions, cryptographic proofs and privacy-aware market infrastructure. At the same time, users and operators remain responsible for how they interact with off-chain services and applicable rules. Privacy does not mean absence of risk.
Values and parties can be protected depending on the flow. The explorer shows when data is shielded by design.
Diversified stealth addressing reduces address reuse, making it harder to link multiple receipts from public chain data alone.
Dandelion++ propagation aims to reduce transaction linkability — without promising protection against a global adversary.
The wallet generates the proof; the Server verifies it without learning private data beyond protocol necessity.
The nullifier prevents double-spend; the commitment represents shielded state. sHDEX is the planned native liquid staking, issued to a stealth address with an accruing model and a per-Server cap to reduce concentration.
Certification bonds and on-chain reputation are protocol-level trust signals. Individual operators, brokers, gates or platforms may choose their own compliance processes depending on the services they provide and the jurisdictions they serve.
Some data is public at the protocol level, some is shielded by design, and some depends on each operator's policies. See Legal Disclaimers for details.
Legal disclaimers →