# PriveX

> PriveX: Private perpetuals DEX. Technology: garbled-circuit MPC.

Part of the Soda Labs Privacy Hub, a neutral directory of the on-chain privacy
landscape: https://www.sodalabs.xyz/privacy-hub

## Key facts

- Entry type: Privacy project
- Category: Private perpetuals DEX
- Technology: Garbled-circuit MPC (MPC-GC)
- Website: https://prvx.io
- Tags: garbled circuits, DEX, perpetuals
- Canonical page: https://www.sodalabs.xyz/privacy-hub/privex

## Overview

PriveX is the first exchange powered by garbled circuits, running perpetuals with private execution on COTI's confidential EVM, built on Soda technology. Order flow stays encrypted until settlement, which takes the alpha leak out of trading and removes the front-running surface that public order flow creates. COTI reports more than 20 billion dollars of cumulative volume across its private DeFi stack.

## About Garbled-circuit MPC

Several parties jointly evaluate a function over encrypted inputs using garbled circuits and secret sharing, so no single party ever holds the plaintext. Compared side by side with the other approaches at https://www.sodalabs.xyz/taxonomy.

## Sources

- [Launch coverage](https://chainwire.org/2025/06/04/privex-goes-live-on-coti-to-deliver-private-perps-trading/)
- [Private DeFi on COTI](https://cotinetwork.medium.com/private-defi-on-coti-9a6df2403a86)

## Related entries

- [COTI](https://www.sodalabs.xyz/privacy-hub/coti): Confidential EVM L2 · in production
- [Zoniqx](https://www.sodalabs.xyz/privacy-hub/zoniqx): Private RWA tokenization
- [Arcium](https://www.sodalabs.xyz/privacy-hub/arcium): Confidential compute network
- [Bubble](https://www.sodalabs.xyz/privacy-hub/bubble): Enterprise confidential finance
- [Nillion](https://www.sodalabs.xyz/privacy-hub/nillion): Blind-compute network
- [Partisia](https://www.sodalabs.xyz/privacy-hub/partisia): MPC L1