Privacy
Orion is designed to protect manager alpha (competitive advantage or strategy edge), while still keeping performance results fully verifiable onchain.
Why Privacy Matters
In DeFi, transparency is the default - which can be powerful, but also limiting. Without privacy, anyone can see a vault's holdings and trades in real time, making it easy for competitors to copy strategies or front-run transactions (execute trades ahead of others to profit from price movements). This forces portfolio managers into a trade-off between protecting their edge and staying onchain.
Orion solves this with confidential execution, giving managers and users a choice between transparency and privacy.
How Privacy Works in Orion
- Private Vaults - Confidential asset allocation, while keeping final results publicly verifiable.
- Confidential Execution - Strategies run on encrypted data, protecting allocations and trades without breaking composability.
- MEV Protection - Trade execution is shielded from frontrunning (trades executed ahead of yours to profit) and sandwich attacks (manipulating prices around your trade to extract value).
Learn More
For managers and developers who want the full cryptographic and mathematical model behind Orion's privacy features - including confidential smart contracts, homomorphic encryption (a form of encryption that allows computations on encrypted data), and performance verification, see: