Introduction

Singularity is a regulated institutional DeFi access layer that provides access to popular protocols for institutional onchain participants with commercial confidentiality. Users will have their wallet addresses obfuscated whilst leveraging existing DeFi liquidity. Singularity uses the UltraPLONK proof system with ZK circuits based on Noir.

Participants in Singularity will be KYB/KYC’d using a ZK oracle with requirements similar to that in traditional finance.

As well as accessing existing external DeFi pools from the Singularity, users can swap and transfer within the Singularity contract such as conducting OTC trades without the need of an escrow.

Target mainnet launch is in Q2 2024.

We are currently building a liquidity network for our early institutional users and keen to reach out to liquid funds, market makers, VCs and asset managers.

Singularity is backed by top tier investors include Gumi Cryptos Capital, Nomura’s Laser Digital, Apollo Crypto, DACM, Eureka Partners, Comma3 Ventures, Gandel Invest, Cluster Capital and Greythorn Asset Management.

Advantages of Singularity

• Wallet address obfuscation - User wallets are not revealed onchain. Singularity contract address is the single ‘user’ onchain.
• Compliance - Prior to entering the Singularity contract, all users pass KYB/KYC, similar requirements to that of an exchange or traditional bank.
• Liquidity - Users can leverage existing DeFi onchain liquidity by executing in the integrated DeFi pools. Initial integrations will be with Uniswap, Curve and 1inch with more to be added in the weeks post launch.
• Multi-asset support - Singularity will support any ERC20 and ERC721.
• Better obfuscation for early users - Early users will have better commercial confidentiality as more ‘noise’ from growing users and TVL will lead to better transaction obfuscate.
• Wallets and custody support - Singularity supports MPC and multi-signatory wallets such as Fireblocks and Gnosis Safe.
• Transacting within Singularity for complete obfuscation - Users can complete OTC swap or transfer inside the Singularity contract, thereby obfuscating both the transactions and wallet addresses onchain.
  • OTC swaps inside Singularity are atomic swaps where third party escrows are not needed.

Use cases

Any onchain transactions that require commercial confidentiality: