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Secretum: The Future of Crypto Trading on Solana



 Trading in cryptocurrencies also saw a huge surge in 2021. New, unprecedented records were set:


The crypto trading volume rose to $ 3.8 trillion in April 2021, when the Bitcoin price hit its all-time high at the time.

Between August 2020 and 2021, the value traded on major decentralized exchanges (DEXs) such as Curve, Uniswap and PancakeSwap increased by around 550%.

Spot trading volume for cryptocurrencies on the major central exchange (CEX) Binance totaled $ 789 billion in September, up from $ 454 billion in July during that period of the derivative -Trading volume increased to 1.7 trillion US dollars (almost + 25%!).

DEXs are gradually gaining market share from CEXs

One of the main reasons for this trend is the (perceived) superiority of DEX in many ways, such as:


DEXs replace a centralized instance with automated protocols that enable trading and direct exchange of tokens, while users of CEXs (centralized exchanges) have to hand over control of their assets to the exchange's servers.

DEXs give users full control over their assets, remove legal restrictions and eliminate the need for KYC procedures.

Also, DEXs typically offer lower trading fees than CEXs .

Despite their continued success, the DEXS still face a number of key challenges.


They only work with smart contracts, which is why their trading options are limited.

Many DEXs only have limited liquidity, which is why the prices of the assets are often calculated in an inefficient manner .

Transaction speeds can be slow because they have to be checked and validated by the miners or validators of the blockchain network and not by the exchange.

Most DEX platforms are not particularly easy to use .

In addition, DEXs have increasingly become the target of cyber theft and hacker attacks:


In March 2021, the DODO DEX was attacked with a smart contract hack in which the attackers stole crypto currencies worth around 3.8 million US dollars .

In August 2021, hackers stole more than $ 600 million worth of digital tokens from the Poly Network DEX.

The half of all cryptocurrency Hack s in 2020 concerned DeFi protocols and Dex.

Many DEXs were unable to solve the multiple security problems of the CEXs. As cryptocurrency trading continues to grow, there is strong market demand for a permanent trading solution. Ideally, this should have all the advantages of a DEX, but not its disadvantages. One such platform is about to be launched and its name is Secretum.


Secretum: A game changer in the crypto industry

Secretum is the world's first and only fully decentralized, encrypted and secure trading DApp based on the Solana blockchain.


The main innovation of Secretum is to enable trading in all cryptocurrencies (fungible and NFTs) directly between users via a hybrid messaging and trading function. The following Secretum features are a real game changer in the crypto industry:


A secure and anonymous login process that only requires the user's cryptocurrency wallet address - no emails, names or other personal information.

A simple, intuitive to use, pure P2P trading interface for sending and receiving cryptocurrencies and NFTs.

A unique search function that allows you to locate the owners of certain NFT assets, allowing two parties to contact each other solely through their wallet addresses.

The advantages of Secretum over other exchanges are considerable:

No risk of losing sensitive data and complete protection of the identity of the cryptocurrency holders. All data is stored on the independent and verified nodes in the Secretum network without a central point of attack.

Record-breaking low fees and instant transactions as Solana enables 50,000 transactions per second with an average transaction fee of just $ 0.00025. By comparison, DEXs typically charge 0.1% to 0.3% + gas fees.

Traders can get in direct contact with each other and find hidden liquidity in the cryptocurrency markets, reducing execution times and prices for trading.

Secretum wants to bring its platform to market at a time when the valuations of large DEXs reach billions : As the trade in cryptocurrencies continues to grow, hacker attacks and cyber theft are becoming an even greater threat. Investors will therefore very much appreciate a first-class, (private) trading and news platform with unsurpassed security features such as Secretum. Since Secretum takes advantage of the Solana blockchain, the platform could become one of the leading DEXs.


This way to the Litepaper from Secretum. Here you can find the Secretum website, the Telegram channel and the email address in case you have any questions.

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All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general informational purposes only. Any action that the reader takes based on the information found on our website is entirely at your own risk.

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