What is pDex?
Meet the very first privacy-protecting DEX. It’s anonymous and non-custodial. No records, no trading histories, no KYC. Now you can trade BTC, ETH, XMR and more – all without exposing your identity.
What is Incognito?
Incognito blockchain allows users to transact public assets in a private manner, thus making transactions completely anonymous and untraceable. We believe privacy is a right everyone is entitled to, even within DeFi.
We build privacy-protecting, blockchain-based financial products for the future of money.
What is the incognito wallet?
Incognito Wallet is a multi-currency, multi-purpose privacy wallet. Send and receive assets anonymously. Buy and sell confidentially without KYC. Enable privacy for all your cryptocurrencies and all your crypto activities.11,000 people have made more than 300,000 fully anonymous transactions since Nov 2019.
Invest in privacy. Earn anonymously.
Provide liquidity to the first privacy-protecting DEX, and earn rewards for helping people trade with freedom.
pDEX operates via an automated market-making mechanism, which means liquidity must be contributed to both sides of a trading pair. AMMs allow users to swap crypto assets, for example DAI for BTC, without requiring a centralized counterparty.It also allows users to provide liquidity to both sides of a trading pair, not only to reduce slippage but also earn a reward for providing liquidity. This came with a flaw where users could incurr in Impermanent loss
Provide ensures that your original provision will never change, and earnings are steady and transparent. Provide is designed to support the liquidity that global privacy requires.
With Provide for every amount deposited to the liquidity pool in BTC, XMR, DAI etc, the required amount in PRV(Privacy, our native token) is matched, and vice versa. Provide maintains the integrity of the pDEX algorithm and keeps prices as they should be.
Your contribution is directly channelled towards supplying liquidity for the Incognito pDEX. And as a reward for providing privacy, you’ll earn interest on select currencies, paid in PRV.
The current rates for provide are as follows:
Read more about Provide
We are 1 year into mainnet with:
Over 28M$ worth of shielded assets already on incognito
More than 13M$ in liquidity provided at the time of writing this post.
We support popular DeFi protocols like pUniswap and pKyber.