Sources and news
Every dated case, market figure and related project behind Mutexa, with links.
News
2026-10-14 · The Block
StarkWare opens OffMarket to the public, a privacy layer on top of Polymarket's own order books. The same pattern, privacy on the biggest venue rather than a new venue, did not exist for leveraged positions. Read
2026-10-10 · ChainCatcher
Trackers show a 391.48 BTC short (about $32.4M) on Hyperliquid at 13x with a liquidation price of about $99,801. Read
2026-09-17 · CryptoBriefing
NEAR makes its Hyperliquid-powered perps private by default. Confidential Intents hide who is trading and where the capital came from, but positions still appear on Hyperliquid's order book. Hyperliquid processed roughly $240B in perps volume in the 30 days before. Read
2026-07-02 · CryptoBriefing
Solana perps reach a record $147B in Q2 2026 and $255.6B in the first half, up 57.1% year on year. Read
2026-06 · CryptoSlate
Lookonchain reports a closely watched ETH long on Hyperliquid liquidated seven times in ten hours; CryptoSlate notes that trackers expose exact liquidation zones. Read
2026-05 · Bitcoin.com
A whale sells 616,675 HYPE (about $36.8M) to defend a $103M short as the price nears his liquidation level. Read
2026-03-10 · CoinDesk
An incorrect wstETH price liquidates about $27M of Aave positions; Aave says affected users will be reimbursed. Read
Undated · Phemex
Analyst EmberCN publicly flags a 58,000 ETH leveraged Aave position that would be liquidated if ETH fell to $1,555. Read
2025-11-13 · Cointelegraph Magazine
James Wynn's $1.1B, 40x Hyperliquid position in May 2025 was tracked in real time. Read
2025-03-18 · Cointelegraph
A trader recruits others on X to liquidate a Hyperliquid whale's 40x BTC short (about $368M, liquidation at $85,592). 10x Research: "This transparency opens the door for coordinated efforts." Read
Related projects
- Identity privacy on Hyperliquid
- What it doesNEAR Confidential Intents (live since 2026-09-17) and Ballast (open-source desktop beta from September 2026) hide who trades and where the money came from. Positions and liquidation prices stay public, and both cover Hyperliquid only.
- LinksCryptoBriefingBallast
- Private venues
- What it doesAster Hidden Orders and Shield Mode, and Omni by Variational, offer privacy by moving you to another venue. Mutexa keeps you on the venues with the deepest liquidity.
- LinksThe DefiantBlockworks
- Encrypted DeFi infrastructure
- What it doesFhenix and iExec Confidential DeFi offer encrypted positions for new protocols built on their stack, on testnet or roadmap. They don't hide positions on existing venues.
- LinksFhenixiExec
- Shielded transfers
- What it doesRailgun, Hinkal, Privacy Pools and Solana shielding pools such as Umbra hide transfers and balances, not open positions. They are candidate rails for Mutexa's funding, not competitors.
- LinksHinkal
- Execution privacy
- What it doesBased privacy TWAP on Hyperliquid conceals how an order is worked, not the resulting position.
- LinksPrivy blog
- Prediction-market analog
- What it doesOffMarket for Polymarket shows traders want a privacy layer on the biggest venue rather than a new venue.
- LinksThe Block
Market context
- CoinGecko categories on 2026-10-17 put Privacy at about $55.2B. ZEC was rank #10 at about $19.6B market cap.
- A check on 2026-10-18 found no token built on hiding positions or liquidation prices on CoinGecko or DexScreener.
- The name Mutexa comes from mutex, the programmer's lock that controls who gets access to a shared resource.