If you’re just looking to perform a one-off swap from Ethereum for Bitcoin, you’re probably not too concerned that you’ll likely lose a few cents in value to bots that engage in endless MEV and front-running attacks on crypto exchanges. However, if you’re a dedicated crypto trader trying to make a living by second-guessing the market, then you’ll likely be aware of how the losses from MEV and front-running can significantly add up over the long term. If that’s the case, Enclave Markets is offering what looks like a tantalizing solution with the debut of EnclaveX , said to be the first “Fully-Encrypted Exchange” platform that’s open to every crypto trader. EnclaveX is a permissionless and decentralized perpetuals exchange that offers many of the same advanced features found on popular platforms such as GMX, dYdX and HyperLiquid. The difference is it has none of the security downsides associated with those very public platforms. Whereas regular perpetuals DEX platforms use open orderbooks that anyone can view, and manipulate, EnclaveX ensures that all of its orders and transactions are obscured from view within a “secure enclave”, ensuring that no sneaky bots are able to jump the queue and pull off MEV and front-running attacks. It uses the same cryptographic security found on Apple iPhones, and it’s backed by a network of independent attestors, with each one running its own independent node to authenticate the platform’s code and hosting blockchain state. Through this, it provides the most secure trading environment possible, suitable for even the most demanding of institutional traders. EnclaveX also boasts of multi-chain credentials, enabling seamless cross-chain swaps without manual bridging. At launch, it supports USDC and other cryptocurrencies across Avalanche, Ethereum and Solana, with many more networks, including Layer-2s, set to be added in future. Its performance matches industry leaders in terms of its low-latency and deep liquidity, the company said. With the launch of EnclaveX, Enclave Markets is trying to bring the capabilities of its already-established, institutional-grade platform to every trader. “The future of trading isn't just on-chain, it's encrypted, high-performance, and permissionless,” said Enclave Markets Chief Executive David Wells. “We're putting professional-grade execution in the hands of every trader while maintaining the exceptional performance that has made Enclave the platform of choice for serious traders.” The company is planning to give traders access to more advanced trading tools through the imminent availability of “Alpha Strats”, or USDC trading vaults, which are expected to go live on the platform in the coming weeks. According to Enclave Markets, these vaults will be managed by partnering hedge funds and other “elite traders”, and provide a way for users to engage in more sophisticated trading strategies, hopefully making them more profitable, even during adverse market conditions. In essence, they will give every user the opportunity to utilize structured trades and algorithmic trading strategies, for a very small fee. Going forward, Enclave Markets plans to double down on its users with the launch of a comprehensive rewards program. It will introduce fee rebates and additional governance rights for regular users, and also talked about the possibility of a future token distribution as an incentive to grow adoption of its platform. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.