Learn how to build a privacy-preserving OTC trading protocol where counterparties negotiate confidentially using Oasis Sapphire while settling trades transparently on Base.

Large cryptocurrency trades rarely happen on decentralized exchanges.

When someone wants to swap a few hundred dollars worth of ETH for USDC, an automated market maker like Uniswap works exceptionally well. Liquidity is abundant, settlement is immediate, and the entire process can be completed in a single transaction.

The picture changes completely once the trade size reaches institutional territory.

Imagine a DAO treasury planning to exchange 500,000 USDC for ETH.