Renegade, the first on-chain dark pool, is live on Arbitrum. Fully-private trading with zero MEV, slippage, or price impact. Dark pools account for nearly half of the TradFi market, and Renegade unlocks dark pools for DeFi — Here's how Renegade works 🧵

Programmable, decentralized finance is the future, but current on-chain exchanges are fundamentally flawed. Traders have lost billions to MEV, copy trading, statistical arbitrage, and quote fading, mainly because today's decentralized exchanges are completely transparent.

In TradFi, similar privacy concerns led the largest institutions to come together to create dark pools — private, peer-to-peer trading networks where orders are safeguarded from adversaries. But how can we achieve similar privacy in DeFi, without having a centralized operator?

The answer lies at the frontier of cryptography. Renegade is powered by multi-party computation for order matching and zero-knowledge proofs for trade settlement. By leveraging MPC and ZK, Renegade enables decentralized trading without leaking any information whatsoever.

In addition to enabling complete privacy, Renegade gives you the best possible price — the midpoint of the Binance bid-ask spread. With peer-to-peer trading, you don't need to worry about stale AMM prices, thin order book liquidity, or even crossing the spread.

Renegade is also incredibly fast and cheap, thanks to Arbitrum Stylus. Under the hood, the smart contract verifies the equivalent of nearly a dozen zero knowledge proofs. Even still, trading with Renegade costs less than $1 in gas and takes less than 1 second to match.

The best part? It's completely open to everyone. TradFi dark pools are only available to the largest institutions and banks, whereas Renegade is completely permissionless — whether you're trading $100 or $100M, you can trade at institutional-quality prices.

Renegade is live today on Arbitrum One. Get started trading: Join our Discord: Dive into the technical details: And learn more about Renegade:

🎱

insane, love the UX as well team - congrats!

experts don't want you to know this one simple trick to 2x defi volumes with one protocol