Legate

LEGATE

Private execution infrastructure

Trade without
being read.

Legate routes encrypted trade intents through a confidential enclave. Opposing flow is netted before the market ever sees it.

Legate / system status

LIVE
enclavevela-tee-04
attestationverified
last batch14:32:08 UTC
netting ratio86.9%
All execution paths attested

How netting hides you

Many private intents. One public order.

What strategies send

  • Strategy Alpha
    Encrypted intent from Strategy Alpha. Contents not visible to anyone.
  • Strategy Beta
    Encrypted intent from Strategy Beta. Contents not visible to anyone.
  • Strategy Gamma
    Encrypted intent from Strategy Gamma. Contents not visible to anyone.
  • Strategy Delta
    Encrypted intent from Strategy Delta. Contents not visible to anyone.

Vela TEE

Intents netted here.
Never decrypted outside the enclave.

What the chain sees

Order

Buy 4.0 WETH

Verified on-chain
clearing
3,184.20
venue
public

Ten bought, six sold, four reached the market. An observer sees the four and cannot tell which strategies produced it, in what size, or on which side.

Strategies live

24

Value in vaults

$52.23m

Volume netted

86.9%

Matched inside the enclave, never seen by the market

Batches settled

18,402

How it works

01

Strategists submit encrypted intents

A model runs off chain, where nobody — including Legate — can see it. Its order is encrypted to the enclave key and padded to a fixed size before it is ever submitted.

02

The enclave nets opposing flow

Inside the TEE, intents across every strategy are matched against each other. Only what is left over is sent to market, as one pooled order with no attribution.

03

Depositors see performance, never positions

Backers judge a strategy on attested NAV and its enclave-enforced mandate. The holdings behind that number stay confidential.

See what the chain actually recorded

Every settled batch, with the private volume that never reached the market beside it.

Batch transparency

Interface previewRepresentative data. Not connected to a live deployment.