COTI Launches PriveX Dark Pool DEX Endorsed by CZ

• Lyla Velez
• June 6, 2025

COTI’s introduction of PriveX, a dark pool DEX, is reshaping decentralized finance by enhancing privacy and trading mechanisms. Market reactions focus on its potential to innovate privacy-centric trading, while liquidity and demand could see significant impacts.

COTI, noted for decentralization and privacy, developed PriveX under guidance from Binance’s CZ, emphasizing dark pool features and perpetual contracts. Changpeng Zhao, Founder, Binance, noted, “The counter argument I have seen is that being more transparent allows market makers to absorb your large orders. This is possibly true… Different traders may prefer different types of markets.” This development elevates crypto trading privacy and liquidity.

PriveX’s enhanced privacy features may influence global DeFi strategies, affecting liquidity flow in decentralized markets. Its practices could lead to increased demand for similar privacy-focused solutions in the financial industry.

The project’s potential inclusion of cryptographic features, such as garbled circuits, could affect token values, especially in COTI’s network. Historical data on traditional dark pools supports the potential success of PriveX in maintaining trading privacy.

PriveX’s innovative use of encrypted trading intent and dynamic liquidity sourcing positions it as a pivotal player in the crypto market. Historical trends indicate that such advancements in privacy could enhance both market stability and liquidity.