For the first time ever, production is now public and open for everyone to test: app.opaldex.com
To kick things off, we’re launching a $1,000 bug bounty for anyone who discovers a critical vulnerability capable of draining funds from the protocol and our internal market maker.
During the bug bounty phase, trading limits will remain in place while we continue hardening the system.
Next up:
• Coinbase security review
• Gradual liquidity increases
• Points Dashboard and details on our 4 Seasons of Points
• Launch of our HLP Vault
Join our Telegram to connect with the team, report bugs, and share feedback: t.me/OfficialOpalEx…
✍️ New Project Review
✍️ @opal_dex | $OPAL
I recently spent some time looking into @opal_dex, and I have to say, it’s a project that’s really caught my attention
For anyone hearing about it for the first time, @opal_dex is a privacy first decentralized perpetual futures exchange. It lets you trade with leverage on crypto and even tokenized real world assets like gold, oil, and stocks. So instead of only trading cryptocurrencies, you can also speculate on traditional assets, all from one platform
One thing I really like is that it’s completely non custodial. Your funds stay in your own wallet, so you’re always in control instead of handing them over to a centralized exchange
The project is built on @base, and if you’ve been following the Base ecosystem, you already know it’s home to a lot of strong builders. I think Opal is definitely one of the projects worth watching there
What really makes @opal_dex different is its focus on privacy
On many trading platforms, people can track wallet activity and see things like position sizes or trading behavior. Opal is designed to keep that information private, so your trades stay your business
At the same time, they haven’t ignored security. The platform is backed by audits and cryptographic proofs that anyone can verify, giving users more confidence while they trade
Another feature I found interesting is that you’re not limited to crypto markets. You can also trade tokenized real world assets, which opens up a lot more opportunities for traders who want exposure to different markets
The token also has a pretty interesting utility. If you hold $OPAL, you receive a share of the trading fees generated by the platform. According to the project, 100% of those fees are distributed back to token holders in ETH, which is a nice incentive for longterm holders
It’s also worth mentioning that @opal_dex has attracted support from some well known names in the crypto space, including the co founder of Coinbase, along with several other respected legends. Seeing that level of backing definitely adds to my confidence in what they’re building
And there’s more good news @opal_dex has officially launched Production V1. The first batch of invites is already out, and more users will be invited every week
Overall, I think @opal_dex is building something genuinely interesting. They’re combining privacy, decentralized trading, real world assets, and strong incentives for token holders in one platform. I’ll definitely be keeping an eye on how the project grows from here
This Thursday, privacy perps go live on @base.
No liquidation hunting.
No house edge.
No copy trading.
100% of revenue goes back to holders.
Production V1 launches invite-only with limited capacity ahead of our @coinbase audit.
Big announcement for token holders next.
@opal_dex is being seen, by @base@coinbase and @brian_armstrong
Opal is building a native architecture perpetual crypto, rwa and pre-ipo DEX.
Blind for everyone, including the house itself.
Verifiable proof of settlement onchain
Entire flow encrypted from enduser to TEE.
On top of this, 100% of DEX fee revenue flows back to $Opal holders.
With the V1 real money launch this coming Thursday x.com/opal_dex/statu… and already being endorsed by Base as its integrated DEX this is a sleeper for most.
Few understand the significance of builders during a bear cycle.
Feel free to deep dive and research.
Join our public beta and our very healthy and cheerful Community on our TG.
No fud, no scam, no hype. Just early holders knowing what is the inevitable outcome for @opal_dex holders.
This Thursday, privacy perps go live on @base.
No liquidation hunting.
No house edge.
No copy trading.
100% of revenue goes back to holders.
Production V1 launches invite-only with limited capacity ahead of our @coinbase audit.
Big announcement for token holders next.
Newcomers on @base last week
1. @Perplexity_ai - Base MCP is now inside Perplexity Computer, letting users research tokens and prepare swaps from the same AI workflow.
2. @opal_dex - privacy-first perp DEX for tokenized RWAs and pre-IPO markets. Anthropic market launch settled within ~30% of secondary valuation, with production V1 live trading planned this week for beta testers.
3. @Sophon - moving from its own chain into apps built on Base, starting with @paywithpyre for consumer payments and app distribution.
4. @anyone_market - prediction market platform where anyone can create markets, trade outcomes, and earn 50% of market fees.
5. @SatoshiPay - Vortex FX DEX liquidity moved to Base, bringing agent-ready payment docs and programmable FX settlement into the ecosystem.
6. @xomarket - conviction market platform moved to Base with sponsored deposits and withdrawals for smoother onboarding.
7. @vibestarterxyz - crowdfunding platform for vibecoded apps, with Vibetokens, community raises, escrow-backed funding, and time-released capital for founders.
This Thursday, privacy perps go live on @base.
No liquidation hunting.
No house edge.
No copy trading.
100% of revenue goes back to holders.
Production V1 launches invite-only with limited capacity ahead of our @coinbase audit.
Big announcement for token holders next.
There's been a lot of attention recently on $OPAL due to the recent pump.
So, just like always, I did a deep dive, so you don't have to 🤝
@opal_dex is a privacy-first perpetual futures DEX on Base, built primarily for trading tokenized RWAs and pre-IPO assets.
🔸 HOW IT WORKS:
➜ Orders are encrypted on your device before being submitted, so they're hidden from the public, bots, and even Opal itself until execution.
➜ Unlike the normal method of exposing orders in the mempool, they're committed on-chain in a sealed format, preventing front-running and order leakage.
➜ Matching and liquidations happen inside a Trusted Execution Environment (TEE), enabling private, sub-second execution at a single uniform price while eliminating priority gas auctions and most MEV.
➜ After trades are executed, Opal publishes on-chain fairness proofs, allowing anyone to verify that orders were processed correctly without revealing sensitive information.
---
The protocol is focused on tokenized real-world assets (RWAs) and pre-IPO synthetic markets, with the Anthropic pre-IPO exposure already live this week.
It's completely non-custodial, and 100% of protocol trading fees are distributed to $OPAL holders in ETH every week.
Lead dev is a former Coinbase DeFi Trading engineering lead with strong ties to the Base ecosystem.
Production V1 goes live next week with real funds, limited size, and beta testers first.
We could see some fireworks.
Just something worth keeping an eye out for.
Top 13 Launches on @base This Week
1. @baseapp - web trading is live with Apple Pay deposits, real-time charts, search, and swaps in one flow.
2. @buildonbase - Builder Codes launched for tracking x402 traffic, attribution, and app-level analytics.
3. @Perplexity_ai - Base MCP integrated into Perplexity Computer for token research and swap preparation.
4. @opal_dex - Anthropic pre-IPO exposure is now trading on @aeroxyz through privacy-first perp rails.
5. @virtuals_io - agents can now trade tokenized stocks through @OndoFinance and @treasures_io.
6. @avantisfi - FX and metals perps now support up to $15M single-clip trades with 1 bp spread.
7. @axisrobotics - Policy Checker now runs browser inference with live policy summaries and success heatmaps.
8. @miroshark_ - builders and traders can now simulate market reactions from prompts, URLs, or documents.
9. @dphnAI - Dolphin Network V2 rebuilt its distributed inference network in Golang with better routing.
10. @Sophon - shifted focus to apps built on Base, starting with @paywithpyre.
11. @BlockRunAI - Base Ecosystem Fund backing from @cbventures will help scale USDC payments for AI agents through x402.
12. @KiiChainio - USDC/MXNB onchain FX launched with deposits, withdrawals, swaps, and 24/7 settlement.
13. @anyone_market - prediction market launched where anyone can create markets and earn 50% of fees.
Really happy with how the Anthropic launch went today.
Token price has settled within ~30% of the current secondary market valuation, which was the goal. It's a major stepping stone for our upcoming pre-IPO perps offering.
Now for the bigger announcement:
Next week we're
Builder Spotlight: @opal_dex
Private markets and private perps are both coming onchain.
Opal is building the privacy-first perp DEX for tokenized RWAs and pre-IPO markets on @base.
How it works:
- orders are sealed before they hit the book
- matching happens inside TEE
-
Builder Spotlight: @opal_dex
Private markets and private perps are both coming onchain.
Opal is building the privacy-first perp DEX for tokenized RWAs and pre-IPO markets on @base.
How it works:
- orders are sealed before they hit the book
- matching happens inside TEE
- fills get onchain fairness proofs
- funds stay non-custodial
- 100% protocol fees go to $OPAL holders
Instead of waiting years for private AI companies to go public, Opal lets users trade synthetic exposure early.
Anthropic is already live on @aeroxyz, with price settling within ~30% of current secondary market valuation.
More markets coming: OpenAI, Project Prometheus, Anduril, and Saronic.
Production V1 goes live next week with real funds, limited size, and beta testers first.
After live testing, the codebase goes to @coinbase for audit support.
The private Hyperliquid is coming to Base.
Builder Spotlight: @opal_dex
Private markets and private perps are both coming onchain.
Opal is building the privacy-first perp DEX for tokenized RWAs and pre-IPO markets on @base.
How it works:
- orders are sealed before they hit the book
- matching happens inside TEE
-
Most teams in crypto are paper thin
Opal is different. The roster is stacked with ex-Robinhood, ex-Coinbase, YC operators, and founders with exits
Here’s why this team is worth watching:
dark pools private perps dex for crypto-stocks/rwa/pre-ipo stocks built by ex coinbase/uber team sitting at 9m while $hype is at 60b and $aster at 6b
but most of CT will buy it at 1b+
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