Perp DEXs transparency issues

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Perpetual DEXs offer non-expiring leveraged positions but suffer from critical transparency flaws that allow liquidation sniping and front-running due to real-time visibility of user positions.
Public visibility of liquidation levels and order flows on existing perp DEXs exposes traders to coordinated attacks, slippage, and forced liquidations by adversarial actors and MEV bots.

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CZ proposes dark pool architecture for perp DEXs

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