A sealed auction venue for large orders in thin tokens. Orders stay hidden. Everyone gets one fair price. Nothing leaks — before, during, or after.
A market sell into a thin pool — then the identical position through a sealed Iceberg batch.
🔊 Narrated — tap the video to unmute. Illustrative example — not live trading data. Interactive version →
Selling into a shallow pool moves the price against you with every token — you pay the impact even when a willing buyer exists somewhere.
The moment your order is visible, sandwich bots trade around it. You created the move — they collect it.
Even split into small clips, wallet-watchers spot the pattern by clip two and front-run the rest. The information is the cost.
Trades happen in scheduled auctions instead of a public order book — so there is nothing to see and nothing to front-run.
Buyers and sellers commit hidden orders — side, size, and limit price encrypted, funds escrowed on-chain. No one can see the book, because there isn't one.
At auction time, orders are revealed, verified against their commitments, and matched together — size meets size directly, off the curve.
The whole batch settles at a single clearing price, bounded by an independent time-weighted market reference. No queue, no sequence, no one "in front of you" — sandwiching is impossible by construction.
Exit a position measured in percent of supply — without moving the chart, feeding the bots, or announcing it to every wallet-watcher on the timeline.
Run buybacks that accumulate real size at a fair batch price instead of getting front-run in the open.
Rest hidden standing bids below market and get filled when real size shows up — a strategy no public venue can express.
Iceberg is in development. We're speaking with large holders, token teams, and market makers for the pilot cohort.