Nillion launches Encrypted Markets for private onchain trading
Nillion formally introduced Encrypted Markets, its privacy product for onchain trading under the tagline "Onchain, off-record." Orders, strategies and execution data stay hidden until a set condition fires, using Covenants on Ethereum mainnet. Dusk was phase one of Encrypted Markets, its encrypted conditional instructions now live on Ethereum; payloads are revealed only when a price or time trigger hits.
- Conditions are tracked by Blacklight nodes using live data feeds, so traders don't rely on a single private execution service
- The launch came with the full package: SDK, docs and tooling released for builders, a permissionless node network, and $NIL staking and node rewards live
- Builders have already shipped 10+ apps using Covenants, part of the seven-phase roadmap adding more EVM chains, cross-chain settlement and more flexible conditions
Sources
- Dusk was phase one of Encrypted Markets • Covenants went live on Ethereum mainnet • SDK, docs and tooling released for builders • Permissionless node network launched • $NIL staking and node rewards went live • Builders launched 10+ apps with Covenants On to Darkfall https://t.co/nUwc3D3nLZx.com ↗
- Dusk is live on Ethereum, bringing encrypted conditional instructions onchain. The Encrypted Markets roadmap goes further, with more EVM chains, cross-chain settlement, more flexible conditions, and greater privacy for the conditions themselves. https://t.co/mkoWxd5cOs Replying to their earlier post: Covenants don't rely on a single private execution service. Blacklight nodes track conditions using live data feeds, so traders don't have to constantly monitor the market themselves. Once the condi…x.com ↗
- Onchain, off-record. Welcome to Encrypted Markets https://t.co/M4jhbteldwx.com ↗
Nillion
Nillion is building a public network based on the invention of a new cryptographic primitive, Nil Message Compute (NMC)
