Launch App

VEIL

"Privacy is necessary for an open society in the electronic age."

— Eric Hughes, A Cypherpunk's Manifesto (1993)

Friction

Prediction Markets Leak Alpha

Today's on-chain prediction markets expose every order to public mempools. Bots watch, copy, and sandwich trades. Market makers who invest in sophisticated models end up subsidizing free riders. The result: thin liquidity, wide spreads, and serious traders sitting on the sidelines.

Front-Running

Orders visible before execution

Copy Trading

Sophisticated strategies exploited

Thin Liquidity

Traders avoid leaky venues

Solutions

Batch Auctions + Sealed Orders

VEIL batches orders in short windows (2-5 seconds), clears them as a batch, and only publishes final prices and fills—never individual orders. You click once, your order is sealed. A few seconds later, a batch price prints. No visible order trail. No mempool gossip to exploit.

Sealed Commitments
Batch Clearing
Privacy First

Principles

1

Privacy by Default

Orders sealed on submission, only used inside trusted execution environments

2

Batch Auctions

Discrete 2-5 second windows minimize timing advantage and compress information

3

EVM Compatible

Standard ERC-20 tokens, familiar wallets, and developer-friendly interfaces

4

Own the Base Layer

Avalanche L1 Subnet for full control over latency, gas, and cross-chain messaging

5

Composable Privacy

Start with TEE-backed clearing, graduate to zero-knowledge proofs incrementally

6

Transparent Settlement

Verifiable oracle resolution with on-chain proof, ensuring fair outcomes for all participants

Architecture

VEIL Architecture Diagram

Public L1 (Subnet-EVM)

  • ▸Commit contract receives sealed envelopes and stores Merkle roots
  • ▸Batch clear contract posts price/fill summaries per window
  • ▸ERC-20 assets with EIP-2612 permit for gasless approvals

Private Clearing Layer

  • ▸TEE enclaves decrypt orders inside secure hardware
  • ▸Batch auction runs privately, posts aggregate results
  • ▸ZK proofs for constraints (staged rollout)

Progress

M0

Local Demo

Complete

Windowed commit → batch clear → price print loop

M1

Public Testnet

In Progress

Subnet live on AvaCloud with commit/clear contracts

M2

Privacy POC

Upcoming

TEE path with remote attestation and sealed keys

M3

Audit & Mainnet Beta

Upcoming

Security audits, bug bounty, gradual launch

M4

ZK Expansion

Future

Replace TEE checks with ZK proofs, shielded pool

Build With Us

Join the first wave of traders, market makers, and builders on VEIL. Get early access to testnet, propose markets, and help shape the future of privacy-native prediction markets.

Read Documentation

The windows are short. The horizon is long.