Guaranteed Settlement.
Confidential OTC Trading & Auctions.
Competitive Price Discovery.
Now on Solana.
Trade any SPL token (listed or unlisted) through private over-the-counter auctions with ZK-verified liquidity and trustless settlement
Despite exceeding $2T in volume, the crypto OTC market still relies on informal, off-chain, trust-based deals. UnleakTrade transforms this landscape with Zero-Knowledge technology and Solana's high-performance network, bringing confidentiality, fairness, and automation to OTC trading.
Live in beta on Solana Devnet, no real funds or tokens involved
Trading the way it should be
Bringing the standards of traditional finance to decentralized markets
Trustless execution
No intermediaries. No counterparty risk. Smart contracts guarantee settlement on your terms.
Complete privacy
Zero-knowledge proofs keep your positions, strategies, and counterparties completely confidential.
Institutional fairness
Time-weighted average pricing and cryptographic proofs ensure you get institutional-grade execution.
Permissionless access
Trade any Solana token without waiting for exchange listings. If it exists on-chain, you can trade it.
Built for serious traders
Four steps to confidential, fair, and automated execution
Maker creates RFQ
Initialize a Request for Quote as a draft, define parameters, then open it to the market with bond deposit, inviting multiple takers to compete.
Takers commit quotes
Multiple market participants submit blind quotes via commit-reveal. Liquidity Guard validates solvency with ZK proofs and Ed25519 signatures before acceptance.
Quotes revealed & selected
After reveal phase, maker reviews all valid quotes and selects the best offer. The winning taker is chosen to proceed to settlement.
Settlement executes
Selected taker deposits quote amount plus fees. Atomic swap occurs, bonds refunded to valid parties, and protocol collects penalties from defaulters.
Learn UnleakTrade in 60 seconds
Short videos on what the protocol does and how the app works. Start with the intro, then catch up on the latest episodes.
Bringing trust and privacy back to block trades
Private Auction with ZK-Verified Liquidity
UnleakTrade is a zk-powered OTC/RFQ platform built on Solana. Makers publish RFQs and multiple takers compete with blind quotes. Our Liquidity Guard validates each quote with cryptographic attestations, ensuring only solvent participants enter the auction.
Transparent for makers
Makers receive verified, fair RFQs with confidence. All committed quotes are validated through zero-knowledge proofs before the reveal phase.
Confidential for takers
Takers prove liquidity & quote validity without revealing information upfront. Your trading intentions remain private until you choose to reveal.
Commit-Reveal Settlement Flow
How trades execute with zero counterparty risk
Maker opens RFQ with bond. Multiple takers submit blind commits with bonds. Liquidity Guard verifies each taker can cover bond, fees, and settlement leg via Ed25519-signed ZK attestations.
Takers reveal quotes. Maker reviews all valid offers and selects the best one. Non-selected valid quotes receive bond refunds. Settlement created with winning taker.
Selected taker pays fees and deposits quote amount. Atomic swap executes: base to taker, quote to maker. Bonds refunded to valid parties. Defaulters forfeit 100% to protocol.
Confidentiality and fairness are essential in every trade. Our architecture transforms Solana's liquidity depth into institutional-grade OTC rails.
Accessible to all serious traders
Skin in the game ensures fair execution
Our bond-based system aligns incentives and protects all participants. Whether you're a wealthy individual or a whale, defaulters lose their bonds, creating natural enforcement without intermediaries.
Trade size guidance
Guidance, not a gate: there is no protocol-enforced minimum. It is where an OTC auction typically starts to beat an AMM.
Trading fee
Fee paid on top of notional. Maker receives net amount.
Bonds (both sides)
bond_amount, posted by the maker and by every committing takerDeposited in USDC. Returned after successful settlement or if a valid Quote is not selected. There is no protocol schedule: makers commonly size it around 100 bps of notional on small tickets, down to around 25 bps on large ones.
Timers & slashing
Defaults: 15 min quote / 60 min settlement
100% to protocol (treasury)
Example: $20k auction-based trade
1 maker + 2 takers competing, maker sets the bond at $200
Example: $5M auction-based trade
1 maker + 10 takers competing, maker sets the bond at $12,500
Join the future of OTC trading
Connect with institutional traders, market makers, and crypto funds building the next generation of private markets.
We never DM first, and we never quote off-platform. Anyone who does is not us.
