Hi, I was recently talking to a couple to large ticket size traders, and I learnt the following from them.
When trading on DEX's like Hyperliquid, the orders placed by traders are openly viewable by anyone. During the period when the order is open and public, the trader is exposed to various risks. This is especially true for large ticket traders.
I am starting a small side project whose goal is to understand these risks in detail, and zero down the *exact* problem(s).
If things make sense, we are interested in building a privacy preserving order placement system on top of Hyperliquid, that will ensure that the trade only becomes known after it is executed.
Would love to hear from folks here.