Security and Compliance

Who are my counterparties?

Counterparties in the darkpool are other platform users, which could include both retail and institutional traders. Specific counterparty identities remain anonymous to ensure privacy and security. All users have completed KYC or KYB. However, on the testnet, users do not need to have complete KYC or KYB to participate.

Does everyone have to complete KYC/KYB before participating in the Darkpool?

Yes, all participants must complete KYC or KYB to ensure compliance. However, for the testnet, completing KYC/KYB is not a requirement.

How does the matching engine work?

The matching engine operates in an FHE environment, allowing it to process encrypted orders for asset pairs, prices, and quantities without accessing or revealing the underlying data.

How do the Book nodes work?

Book nodes use MPC to collectively decrypt and determine the outcome of matches, without exposing specific order details to any single node.