Avail launches ShieldTX privacy tool for Hyperliquid traders

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Avail has launched ShieldTX, an execution layer that opens each Hyperliquid perpetual futures position through a separate wallet to make traders harder to track with copy-trading bots. Traders deposit USDC into a vault on Arbitrum, after which ShieldTX creates Hyperliquid accounts on demand and funds their positions through distinct, untraceable wallets. Trades remain on Hyperliquid’s public order book, while Avail’s Nightshade zkAppchain provides the cryptographic proofs. ShieldTX supports all Hyperliquid perpetual markets with leverage of up to 40 times and charges 5 basis points, $1 to open a position and roughly $2 to close it to an external wallet. The tool processed more than $2.5 million in volume during its private beta, while Avail estimates that it could save traders up to 25 basis points per transaction, a projection not yet confirmed by independent data.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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