Summary
- ZENDEX opens public testnet for ZK-privacy DEX on Horizen with points incentives
- Zero-knowledge proofs enable private EVM trading and dark pool features
- Testnet phase keeps mainnet risks and features unproven until full launch
ZENDEX opened its public testnet in October 2024. Users trade privately on Horizen with zero-knowledge proofs. Dark pool mechanics hide the order flow. Early testers collect points for their activity.
This step boosts zk-privacy tools in DeFi. Demand for confidential on-chain trades keeps rising. Horizen builds an ecosystem for private DeFi on EVM tech.
Context
Horizen started as a 2017 privacy project. It grew into a Layer-3 appchain built for confidential apps. ZENDEX was built for this chain to pair speed with zero-knowledge tools. The testnet gives the first public chance to try these features before mainnet.
Builders test private EVM trading without exposing orders or positions. The ZK DEX uses scalable architecture and the native ZEN token.
Details
The ZENDEX testnet lets participants trade privately on Horizen and earn points. Zero-knowledge proofs keep transaction data hidden while the chain settles everything on EVM. Dark pool features block public order visibility.
"ZENDEX public testnet opens for private trading on Horizen using zero-knowledge proofs."
, Horizen Global (Source)
Developers can build privacy apps on these tools. Examples include confidential payroll or reputation systems. The testnet phase removes mainnet capital risk for explorers.
Social Highlight · @horizenglobal · Published 2024-10-01
ZENDEX is happy to announce the launch of our public testnet phase as we build our ecosystem together with @horizenglobal and continue to work daily. (link)
Outlook
The next steps involve gathering testnet feedback to refine the privacy features ahead of any mainnet release. Builders should monitor how the points system converts to future incentives and watch for updates on full launch timelines.