Protocol Overview

Design Goals

Opal DEX is built to achieve five core objectives:

1. Fair Execution

Sealed orders eliminate front-running and intent leakage.

2. Verifiable Integrity

Succinct post-trade proofs and auditable state commitments ensure system correctness.

3. Robust Risk Controls

Mark-price liquidations, partial de-risking, and protocol backstops protect the system.

4. Privacy Without Compromise

Orders remain opaque until settlement while maintaining full post-trade verifiability.

5. Non-Custodial Architecture

Trustless deposits, withdrawals, and settlement - no custodial risk.