Dark Veil Launches Encrypted On-Chain Trading Layer for DeFi

The platform introduces MEV-resistant and zero-slippage spot and perpetual trading, with $VEIL testnet activation scheduled in the near future.

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Summary

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Terms & Concepts
  • DeFi: Decentralized finance, a blockchain-based financial system that operates without traditional intermediaries like banks.
  • MEV: Miner Extractable Value, profits that miners or validators can gain by reordering or inserting transactions within a block.
  • Perpetual Trading: A type of futures contract in cryptocurrency markets that has no expiration date, allowing continuous trading.