Proposal: Canton-native Privacy-First Perpetual Futures Exchange
Needs ChampionPR- SIG
- needs-SIG
- Champion
- —
- Author org
- vaiblabs
- Ask
- 1,000,000
Abstract
Hexa DEX is a privacy-first perpetual futures exchange built natively on Canton Network. It is the first on-chain derivatives venue to keep orders fully encrypted until settlement, eliminating MEV, frontrunning, and stop-loss hunting via an AWS Nitro Enclave matching engine with Frequent Batch Auctions, with all settlement committed to Canton smart contracts. This proposal requests 1,000,000 CC across three milestones to complete and launch a production system supporting BTC/USD, ETH/USD, SOL/USD, and CC/USD perpetual markets on Canton MainNet.
Milestones
| Title | Due date | Target | Amount (CC) |
|---|---|---|---|
| _(Canton Daml Contracts + Core Infrastructure)_ | — | — | 300,000 |
| _(Privacy Engine + Matching System)_ | — | — | 400,000 |
| _(Full Platform + Mainnet Launch)_ | — | — | 300,000 |
| Total | 1,000,000 | ||
Budget impact
- % of available
- 0.5%
- % if all RFV pass
- 0.6%
- Ask (CC)
- 1,000,000
Comments by org
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