PriveX Goes Live on COTI to Deliver Private Perps Trading
Tel Aviv, Israel, June 4th, 2025, Chainwire
PriveX has officially launched on COTI to deliver intent-based trading with privacy at its core. The perpetual decentralized exchange (Perp-DEX) is designed to support emerging on-chain use cases including autonomous trading by AI agents.
The launch of PriveX introduces a powerful primitive to COTI’s mainnet, allowing users to trade perps markets while taking advantage of the network’s core privacy technology. PriveX leverages these capabilities to provide a CEX-like trading experience that’s built on fully decentralized architecture.
Operating on private infrastructure to prevent users from exploitation, such as front-running, PriveX supports manual trading as well as autonomous trading executed by agents. Its intent-based execution system dynamically sources liquidity based upon the trader’s instructions. PriveX then opens the position, monitors market conditions, and fulfills the trade when conditions align. Execution is handled by a backend solver network powered by Symmio, which sources liquidity from a mix of centralized and decentralized venues, including Binance.
Shahaf Bar-Geffen, CEO of COTI, said, “PriveX exemplifies the kind of innovation we’re enabling at COTI—where privacy, performance, and AI come together to serve real-world trading needs. This launch is a major step forward for COTI and for DeFi as a whole.”
As the first DEX to be powered by Garbled Circuits, PriveX harnesses COTI’s privacy layer to deliver a seamless and secure trading experience. Unlike traditional DEXs, which publicly expose every action before execution, PriveX ensures that trader behavior stays hidden, protecting strategies and reducing slippage. As a result, users can trade over 300 pairs with institutional-grade execution, intent-based liquidity, and on-chain privacy.
To celebrate its release on COTI’s mainnet, PriveX has launched a reward program for early adopters. Traders can earn both PriveX points and SYMM tokens, which will determine their eligibility for forthcoming airdrops and future ecosystem rewards. Users who deposit at least $250 into PriveX will be awarded 1,000 PriveX points, while an impending trading competition will further increase the rewards pool.
With its perp DEX now live on COTI, PriveX is working on adding new features including an AI agents portal that will allow users to take advantage of sophisticated trading strategies. It will also further integrate COTI’s privacy features to enhance the user experience and protect proprietary trading strategies.
About PriveX
Privex is a next-gen DeFAI platform built at the intersection of AI, privacy, and intent-based execution. It enables users to deploy autonomous trading agents, and trade on the integrated DEX with CEX-grade liquidity – all fully private and permissionless. Powered by COTI’s privacy layer and integrated with Symmio’s advanced settlement infrastructure, Privex creates a seamless environment where strategies are tokenized, agents act independently, and users retain full control. It’s the foundation for a new era of intelligent, composable, and censorship-resistant finance.
About COTI
COTI is the fastest, lightest privacy layer in Web3, powered by the breakthrough cryptographic protocol Garbled Circuits. COTI introduces the most advanced and compliant solution for data protection on the public blockchain; paving the way for the next wave of Web3 innovation and adoption. COTI unlocks a whole new world of use cases, including confidential transactions, Artificial Intelligence, DeFi, decentralized identification, and more.
