SilentSwap Launches to Redefine Privacy and Security in Decentralized Finance
New York, United States, December 9th, 2024, Chainwire
SilentSwap, the privacy-focused cross-chain aggregator developed by SquidGrow, has officially launched, aiming to sett a new standard for decentralized finance (DeFi). Designed for secure and confidential transactions, SilentSwap offers a platform for private, efficient, and decentralized asset trading across multiple blockchains. By operating as a fully non-custodial solution, it ensures users retain complete control over their funds throughout every transaction.
With over 18,000 early access requests, the platform’s launch goal is to reflect the pressing demand for privacy in an increasingly transparent world. SilentSwap is now live, enabling users to connect their wallets and start trading—no accounts or registrations required.
“In an era where data breaches and surveillance are becoming increasingly common, SilentSwap provides a solution that keeps transactions confidential,” said Shibtoshi, founder and CEO of SilentSwap and SquidGrow. “Unlike traditional DeFi platforms, SilentSwap ensures that user data is not exposed at any stage of the transaction process, reinforcing both security and trust through a non-custodial approach.”
Key features of SilentSwap:
- Addresses an Industry Gap: SilentSwap tackles privacy needs in DeFi, offering solutions for users who value confidentiality.
- Non-Custodial by Design: SilentSwap ensures users retain complete control of their funds, with no need to rely on third-party custody, providing a secure and trustless environment for trading.
- Advanced Arbitrage Optimization: Leverages an advanced arbitrage feature, finding the best possible route for each trade and returning any savings directly to users, effectively reducing overall fees.
- SilentSwap’s infrastructure is optimized for speed, processing transactions faster than many existing tools in the DeFi space.
- Multi-Chain Compatibility: The platform operates across Ethereum, Binance Smart Chain, Polygon, Arbitrum, Optimism, Avalanche, Fantom, and Base, enabling seamless cross-chain transactions.
Benefits from SilentSwap
- Traders: Protecting trading strategies by keeping transactions confidential, preventing others from copying market moves.
- Businesses: Executing sensitive payments, such as vendor payouts or payroll, securely and privately.
- Everyday Users: Protecting personal financial details, including spending habits and transaction history, while enjoying the convenience of DeFi.
To ensure user safety, SilentSwap has its codes audited by Hacken and Certik, leading Web3 security auditors. In their audits, they achieved a perfect 10/10 score, making it secure for users to explore and take advantage of SilentSwap’s varied capabilities.
Even prior to its official launch, SilentSwap established strategic partnerships with industry leaders to enhance its offerings and expand its influence within the Web3 ecosystem. Notably, SilentSwap has partnered with Zeebu, a leading Web3 telecom settlement platform. This collaboration integrates advanced privacy solutions into Zeebu’s telecom transactions, further extending SilentSwap’s reach and practical applications.
About SilentSwap
SilentSwap, developed by SquidGrow, is a privacy-focused cross-chain aggregator built on Secret Network. The company’s mission is to provide non-custodial, trustless, and decentralized solutions that safeguard user privacy and enhance security.
SilentSwap / X
About SquidGrow
SquidGrow is a pioneering blockchain company that bridges the world of memecoins and utility-driven products. Led by industry innovator Shibtoshi, SquidGrow combines the viral appeal of meme culture with practical solutions in decentralized finance. The company is dedicated to delivering user-focused tools that prioritize privacy, security, and efficiency. SilentSwap is the latest addition to SquidGrow’s suite of products, reflecting its commitment to innovation and shaping the future of DeFi while embracing its roots as a memecoin with real-world applications.
About Secret Network
Secret Network aims to bring privacy to blockchain technology with scalable, permissionless smart contracts designed for privacy by default. Live since September 2020, it was the first protocol to offer private smart contracts on the mainnet, now supported by over 100 builders and 30+ DApps.
