Trader01
Browser session
The wallet authorizes a scoped, expiring trading key. Orders become instant; deposits and withdrawals still require custody authority.
Session keyOwner view1-click
Live on Solana devnet
Trade without
broadcasting your edge.
Anqa is a privacy-preserving perpetual futures exchange with a dark central limit order book, hidden positions and instant session-key execution—powered by MagicBlock's Private Ephemeral Rollups.
Private book + portfolios Public fills + aggregate depth Open-source program
BTC-PERP / dark book PER live
Aggregate depthowners withheld
PriceSizeTotal
64,854.000.8202.480
64,849.000.4301.660
64,844.000.6901.230
1.00Spread0.014%
64,835.000.5400.540
64,829.000.7101.250
64,823.000.3901.640
Public sizes are totals. Never whose.
Your hidden orderTEE only
Buy BTC
0.154
Limit
$64,580
Resting with full priority · off ladder
Private positionLONG
Size
0.154 BTC
Entry
$64,580
Margin
$1,000
PnL
+$18.42
✓Session signedNo wallet popup
9
live perp markets
PER
private execution
1-click
session trading
100%
open source
Dark CLOBHidden ordersPrice-time prioritySession executionPrivate portfoliosPublic fillsSolana custody
See the privacy difference
One order. Two very different
information footprints.
Run the lifecycle yourself. A hidden order remains available to the private matcher without publishing its price or size to the ladder.
Interactive order lifecycle
Illustrative data · no wallet or transaction required
Public market viewRPC read
PriceSize
64,849.000.430
64,844.000.690
1.00 spread0.014%
64,575.000.540
64,568.000.710
Place the illustrative order to compare what the market can observe.
Private execution view PER boundary
Side
Long / Buy
Size
0.154 BTC
Limit
$64,580
＋
Ready to place
Choose shown or hidden, then watch the same order move through the protocol.
Session key ready
Privacy model
The market is visible.
Your strategy is not.
Anqa publishes enough for a functioning market without publishing the information that makes a trader a target.
Private
Full order book
Order ownership
Positions and entry
Margin and liquidation
Public
Shown aggregate depth
Fill price and size
Market configuration
Custody balances
The honest boundary
Orders are plaintext to the matching program inside the TEE. Confidentiality comes from permissioned access and attested execution—not encrypted matching or zero-knowledge proofs.
Protocol architecture
Custody on Solana.
Execution at rollup speed.
Each responsibility lives where its guarantees are strongest. Traders keep a familiar workflow while the protocol separates authorization, private execution and token movement.
MagicBlock PER02
Private execution
The dark CLOB, portfolios, Percolator risk state, oracle acceptance and matching execute together inside the TEE-backed rollup.
MatchingRiskLiquidation
Solana03
Public custody
USDC vaults, permanent configuration, permission records and withdrawal settlement remain on the base layer and publicly auditable.
USDC vaultPermissionsReceipts
From wallet to first order
Three steps. One wallet approval.
01
Connect your wallet
Connect on Solana devnet and deposit test USDC into the program-controlled vault.
02
Approve one session
Create a scoped, expiring trading key. Your wallet keeps custody authority.
03
Trade without popups
Place, cancel and close at terminal speed. Use Hidden when the order should stay off the public ladder.
Protocol status
Anqa devnet
9
perp markets
PER
private execution
1-click
session trading
Open
source code
Order and portfolio readsPermissioned
Fill tape and shown depthPublic
Collateral custodySolana program
Built as a venue
Privacy is part of the market structure—not a cosmetic mode.
Dark CLOB01
A real order book without order-flow leakage.
Strict price-time priority and familiar market structure, while the full book and order owners remain inside the private execution boundary.
Hidden orders02
Rest publicly nowhere. Match normally.
A hidden order is excluded from the aggregate ladder entirely, yet keeps the same matching rules and queue priority as every other order.
Session execution03
One approval. Then trade at market speed.
A scoped, expiring session key can place and cancel orders without repeated wallet popups. Custody permissions never leave the wallet.
Percolator risk04
Margin is enforced where matching happens.
Position admission, isolated collateral, PnL, funding and liquidation are evaluated beside the book inside the rollup.
Public evidence05
Private state. Observable market.
Aggregate shown depth and every settled fill remain public, providing price discovery without exposing counterparties or private positions.
Solana custody06
Execution moves. Collateral does not.
USDC stays in a program-controlled Solana vault. The private rollup carries trading and risk state, not the vault’s token authority.
An honest comparison
Know exactly what Anqa protects.
Anqa is not encrypted or zero-knowledge matching. It combines permissioned reads with attested private execution to prevent public order-flow leakage while retaining a fast, familiar CLOB.
| Model | Public CLOB | Anqa | Encrypted / ZK venue |
|---|---|---|---|
| Orders visible before fill | Yes | No | No |
| Privacy mechanism | None | Permissioned TEE execution | Cryptographic |
| Matcher sees plaintext | Yes | Yes, inside the boundary | Design-dependent |
| Execution path | Public consensus | Private ephemeral rollup | MPC / proof network |
| Public market evidence | Book + fills | Shown depth + fills | Design-dependent |
Built with MagicBlock Private Ephemeral Rollups
Open-source hackathon build · Solana devnet · Percolator risk engine
Known by name, unseen by eye
Place your first private order
in under 30 seconds.
Nine perpetual markets are live on devnet. Connect once, create a trading session and experience the complete order lifecycle.