The First Privacy-First Intent-Based DEX Just Launched And It's Making Waves..
TL;DR
- PriveX is live on COTI and is already processing over $10M monthly volume.
- It’s the first intent-based privacy DEX powered by COTI’s Garbled Circuits, ensuring trades remain fully confidential.
- Traders get gasless, permissionless access with pro-tier UX, deep liquidity, and future-ready features like AI trading agents.
- With a fast-growing user base and no token live yet, PriveX is quietly shaping the next frontier of private DeFi.
On June 4, PriveX officially launched on the COTI V2 Privacy Layer and it’s already making a name for itself. While most decentralized exchanges are still figuring out how to catch up to centralized UX and liquidity, PriveX skipped straight to the part that matters: fast execution, zero compromise on privacy, and infrastructure that actually feels like it belongs in 2025.
In less than a month, trading volume topped $7.48 million(while writing), with over 4,300 trades, the majority of which occurred directly on the COTI chain. Cumulatively, PriveX is approaching $13M in total volume, and the trading revenue numbers, while still modest, show a healthy trend upwards.
That alone should tell you something big is brewing.
Why PriveX Matters in a Sea of DEXes
Honestly, PriveX is doing something different: taking the best of both models CEX-grade liquidity and execution and combining it with DeFi fundamentals like self-custody, no KYC, and permissionless access.
The core innovation?
PriveX is the first intent-based privacy DEX, powered by COTI’s Garbled Circuits, where trades are encrypted by default. There are no exposed strategies, no MEV exploits, and no data leaks.
Instead of traditional order books or vAMMs, PriveX uses an intent architecture. Traders simply signal what they want to do, and off-chain solvers match them with optimal execution behind the scenes, kind of like an intelligent trading concierge that never leaks your alpha.
Why That Changes Everything
Public blockchains are great but significant risks like MEV bots front-run trades. Liquidations get targeted. And strategies become visible the moment they're on-chain. For serious traders and institutions, that’s a dealbreaker.
That’s where COTI’s Garbled Circuits come in. It’s a fundamentally different privacy primitive than ZK. It encrypts the computation itself. That means:
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No front-running
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No exposed liquidation points
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No traceable trading activity
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And node operators don’t even know who did what.
It’s fully privacy by design..
— Shahaf Bar-Geffen, COTI CEO
For a DEX, this is the kind of infrastructure that makes confidential DeFi possible at scale.
Seamless UX and Gasless Trading — Without the Tradeoffs
PriveX has numerous features that make it different and unique. The platform features:
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Gasless trading with built-in fee management
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Account abstraction so users aren’t managing seed phrases or custom RPCs
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Integrated on/off ramps
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Cross-margin accounts for managing multiple positions in one place
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Trading over 300+ perpetual pairs
Plus, it’s fully non-custodial, permissionless, and KYC-free. Recently, they’ve launched a bi-weekly Trading Competition Series with $65,000 in prizes, including $50K in $COTI and $15K in $SYMM.
More details: Trading Competition Series
Agent-Based Trading and Custom AI Vaults — The Future Is Getting Personal
Here’s where it gets futuristic. Coming soon, PriveX is rolling out:
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The PriveX Agent Launchpad
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Customize your own AI persona
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Deploy your own AI trader
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$PRVX Token Launch
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Advanced Privacy Features
They’ve hinted it’s coming very soon. And when it goes live, it will let users build their own branded traders fully integrated with COTI’s privacy stack.
Combined with tools like SYMMIO and Orbs Network (for on-chain liquidity & better execution), PriveX is quietly assembling an ecosystem that could redefine what user-owned, private trading actually looks like.
Competitive Fees and Capital Efficiency Built In
Let’s talk numbers. Trading Fees for Perpetual Contracts
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0.03% to open
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0.03% to close
That’s it.
PriveX also uses a Just-in-Time (JIT) liquidity model, where capital is only committed at execution time. That makes it 100x more efficient than traditional vAMMs and enables rapid multi-chain expansion without liquidity fragmentation.
There are no liquidity providers acting as counterparty. No oracle dependence (except in rare disputes). No hidden costs. Just solvers and users on equal footing. It’s lean, efficient, and scalable, three words you rarely hear together in crypto.
The Numbers So Far: Not Hype—Execution
Here’s what the PriveX dashboard showed as of June 24, 2025:
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$7.48M monthly trading volume
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$12.98M cumulative volume
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$1.55K platform revenue this month
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4.35K trades this month, 3.9K on COTI alone
These numbers are especially strong for a product just weeks old with no agents live and no token yet.
Final Thought: Quietly Building the Blueprint for Private DeFi
As regulators, institutions, and whales continue entering the space, the demand for selective privacy, secure execution, and frictionless UX will only grow. PriveX is quietly proving that privacy-first infrastructure has a serious market fit.
What stands out most is how seamlessly it leverages COTI’s Garbled Circuits. Every trade, strategy, and user intent stays encrypted. As DeFi matures, the market will reward projects that offer trustless tools without turning users into the product.
