Singularity Launches Darkswap, Institutional On-Chain Darkpool on Base for Confidential Execution

Singularity today announced the mainnet launch of Darkswap, its institutional on-chain darkpool, enabling confidential digital asset execution for market makers, funds, and sophisticated traders.

Darkswap’s Beta Mainnet phase provides controlled access for:

  • Users with referral codes,

  • Past testnet participants

The fully open Public Mainnet launch — available to all users — is scheduled for the coming weeks .

Built on Singularity’s zero-knowledge privacy layer, Darkswap eliminates MEV, front-running, and trade leakage — obstacles that have historically prevented large capital from executing safely on public blockchains.
Every component of an order — asset, size, direction, and counterparty — is encrypted, ensuring trade intent is never broadcast through the mempool or visible to chain explorers.

“Institutional capital simply cannot trade confidently on public blockchains due to a myriad of fears, from information leakage to being sandwich attacked,” said Jemma Xu, Co-Founder of Singularity. “Darkswap brings the confidentiality of traditional darkpools on-chain — settlement remains fully on-chain, while intent stays private.”

Three Pillars of the Darkswap Execution Model

MEV and Front-Running Protection:
Orders are never visible in cleartext, preventing searchers, block producers, and sophisticated adversaries from exploiting trade intent.

Confidential Execution for Large Orders:
Competitors, data platforms, and on-chain analysts cannot reconstruct directional flows, counterparties, or strategic positioning.

On-Chain Settlement Safety:
All trades settle through Singularity smart contracts on Base, with other EVM chains to follow. Users retain state integrity, auditability, and the finality of a public blockchain — without public order exposure.

A Trustless Privacy Architecture Purpose-Built for Institutions

Darkswap operates across four interconnected layers:

Retail Trading Interface (dApp): A secure web platform with WalletConnect and MetaMask. Orders are obfuscated on-chain by default.

On-Chain Settlement Layer: Leverages Singularity’s non-custodial smart contracts to validate zero-knowledge proofs for deterministic, private settlement.

Maker API Server: Market makers connect trading systems directly to Darkswap liquidity via a self-hosted integration layer. A desktop GUI client is in development to streamline workflows.

Matching Engine: Centralized, reliability-driven matching with a roadmap toward decentralized peer-to-peer matching where no participant sees the full orderbook.

This architecture combines confidential execution with verifiable settlement, delivering institutional-grade trust, transparency, and operational control.

About Singularity

Singularity is a zero-knowledge settlement layer that turns public blockchains into private yet verifiable ledgers. Its smart contracts hide balances, transfers, and swaps for ETH, ERC-20, and ERC-721, while a relayer network handles gas anonymously, allowing users to interact on-chain without revealing identity or transaction details.

The Beta Mainnet launch of Darkswap marks the first major application of Singularity’s technology — an encrypted orderbook and matching engine that eliminates MEV, front-running, and leakage, providing institutions with a secure venue for confidential block trades.

Singularity is backed by reputable VCs and liquid funds including Gumi Cryptos Capital, Nomura’s Laser Digital, Apollo Crypto, DACM, and a range of Web3 founder angels.

With Singularity, privacy is infrastructure — and Darkswap demonstrates what becomes possible when zero-knowledge technology meets DeFi.

For more information, visit https://www.thesingularity.network/