silhouette

## silhouette What is Silhouette? Silhouette is a shielded decentralized exchange built on Hyperliquid that brings confidential trading capabilities to DeFi. The platform functions as an on-chain dark pool, protecting users’ trading activities from public exposure while maintaining the benefits of blockchain settlement. By using Trusted Execution Environments (TEEs), Silhouette provides MEV protection and allows traders to execute strategies without revealing their positions or intentions to the broader market. The platform addresses a fundamental challenge in current DeFi ecosystems where transparent blockchains expose all trading activities to potential front-running, surveillance, and exploitation. This privacy layer enables both retail and institutional traders to operate with the same confidentiality standards found in traditional finance, potentially making sophisticated trading strategies more viable on-chain. Silhouette supports both perpetual and spot trading on Hyperliquid ‘s infrastructure. Founded by Chandler de Kock and backed by prominent investors including RockawayX, Hivemind, and Amber Group, Silhouette raised $3 million in its pre-seed round in June 2025. The project has collaborations with other Hyperliquid ecosystem projects like Bitfrost for spot market integrations. **Temperature:** 0° ### Steps to Participate 1. Trading Modes 2. Referral Program *Source: [airdrops.io](https://airdrops.io/silhouette/)*

### Steps to Participate 1. Trading Modes 2. Referral Program