Shield Swap

Shield Swap is a confidential trading platform built on the Aleo blockchain, designed for people and organizations seeking to trade digital assets without exposing their identities, portfolios, or strategies. Its concentrated-liquidity automated market maker allows users to swap assets and provide liquidity while keeping wallet attribution, balances, and account histories off the public ledger. Market information, including liquidity, prices, amounts, and routes, remains observable, supporting trading and price discovery.

Each swap and liquidity position generates an encrypted compliance record intended to support sanctions screening and compliance requests. Shield Swap also describes execution safeguards such as transaction proofs, price limits, minimum-output protections, deadlines, and verifiable market state. Users access the service through its web application with Shield Wallet; there is no standalone iOS or Android app. Trading is available on Aleo mainnet, with testnet access for testing. Users can fund Shield Wallet with supported assets bridged to Aleo through services including Circle’s USDCx Bridge and Hyperlane Nexus. Shield Swap currently covers Aleo transaction fees, while liquidity-provider fees apply to swaps.