# Veilon DEX

### <mark style="color:yellow;">Swap tokens. No trace.</mark>

Veilon’s Private DEX is the first decentralized exchange designed from the ground up to protect your identity, strategy, and transaction data without sacrificing speed or usability.

You can swap tokens like any DEX but nobody can see:

* Who you are
* What you’re trading
* When you’re entering
* What strategies you’re using

No wallet linking. No mempool exposure. No bots front running you.

### <mark style="color:yellow;">How It Works</mark>

#### 1. **You shield your assets**

Move tokens from your public wallet into Veilon’s shielded pool. This hides your balance, identity, and transaction intent.

***

#### 2. **You initiate a private swap**

Using Veilon’s wallet or SDK:

* Choose token A → B (e.g. ETH → USDC)
* Set slippage and gas
* Generate a ZK proof of intent

***

#### 3. **Relayer submits the trade**

Your encrypted swap is submitted to the blockchain by a relayer:

* Your wallet is never shown
* Your IP address stays hidden
* Bots cannot detect or front-run the transaction

***

#### 4. **Trade executes, balances update privately**

* Your shielded balance is updated
* No public trace of the transaction appears
* No one can see your token flow — not even Veilon


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