How Mist Protocol Works
A step-by-step look at private swaps on Sui
The problem with DeFi today
When you swap on any DEX, everything is public. Your wallet address, the tokens, the amounts - all visible to anyone. Blockchain explorers, analytics firms, and bad actors can track your every move.
You deposit SUI into Mist Protocol
Deposit SUI into Mist Protocol's pool. You get a secret deposit note stored only on your device. This note is your key to accessing your funds later - no one else has it.
Your swap amount gets encrypted
We use SEAL threshold encryption to hide the amount. On-chain, it appears as random bytes - no one can tell what you're swapping.
The swap executes in a secure enclave
Our backend runs inside Nautilus TEE - a hardware-isolated environment. Even we cannot see what happens inside. It's like a sealed black box.
Tokens arrive at a stealth address
Swapped tokens go to a stealth address - a fresh address just for this transaction. On-chain, there's no visible connection to your original wallet.
Claim your tokens anytime
Using the keys on your device, claim tokens from your stealth address to any wallet. The link is broken - your swap is private.
SEAL uses 2-of-3 threshold encryption - no single server can decrypt your data. Nautilus runs in AWS Nitro Enclaves with cryptographic attestation. Your keys never leave your device.
