Trade sealed. Clear fair.

Lethe hides your order until the round closes, then fills everyone at one price. Bots can't see it, so they can't trade ahead of you.

Mainnet coming

Lethe is launching on Elysium

Sealed-order trading for the Hyperliquid ecosystem. Trading opens soon. Until then, this is a preview of how it works.

Round

#—

Sealed orders

—

Opens soon

–

seconds

Last clearing price

—

Last volume

—

Every round runs in three steps.

1
Seal
Your order goes on-chain as a fingerprint only. Nobody can see your side, size or price, not even the sequencer.
2
Reveal
When sealing closes, orders are opened automatically. It's too late for anyone to react or jump ahead of you.
3
Clear
Everyone who trades gets the same fair price, the one that matches the most volume. Never worse than your limit.

Privacy lasts until the reveal. Settled trades are public on-chain. Testnet tokens have no value.

Sealed-bid · one price per round

Amount

Pay at most (per token)

Locked when revealed—

Seal bond (returned on reveal)—

Everyone fills at the round's clearing price, never worse than your limit.

Saved privately in this browser

No orders yet. Seal one and it shows up here, then gets revealed and settled for you.

Connect a wallet on Elysium Testnet to see balances.