What is Vanish?
Vanish is a privacy-focused trading platform built on Solana that allows users to execute swaps without exposing their strategies, wallet activity, or position sizes on-chain. It's built for traders who want execution privacy without stepping outside necessary compliance. On a public blockchain, every trade is visible. Though this transparency is useful, it creates real problems for traders, market makers, and product teams through front-running, copy trading, and exposure of wallets to those who would not otherwise have known about their on-chain balances and activities.
Vanish addresses this by introducing a shielded execution layer that keeps trading activity private while maintaining an auditable flow of funds in and out of the protocol. Whether the goal is building a position quietly or taking profits without signalling to the market, Vanish provides private executions that comply with financial regulatory requirements.
How trading on Vanish works
Vanish follows three processes: Shield, Trade, and Unshield
Shielding Tokens
After connecting your wallet, the application displays the shield page as the default, where you need to deposit assets through Vanish's shielded execution layer. This serves as the direct on-chain link between the wallet and subsequent trading activity. The deposit is screened before being accepted into the protocol. Select the token and input the amount to shield from your balance.
Trading Privately
Once shielded, users can start swapping tokens privately. On-chain observers can see that a shielded transaction occurred, but cannot trace the wallet behind it, the trade size, or the direction. Trades are routed through leading aggregators on Solana to ensure competitive pricing and deep liquidity. In the example below, the USDC tokens swapped for SOL are untraceable on-chain.
Unshielding Tokens
When a user wants to withdraw their tokens from the shielding provided by the Vanish protocol, they need to “Unshield” by clicking the wallet icon on the right side of the page (it also contains the History and Disconnect buttons).
After the process is executed, assets are returned to their original wallet. The same wallet that deposited is the same wallet that receives the tokens, but it does so without revealing what happened in between.
Earning Rewards on Vanish
Vanish includes a rewards system called Silent Rewards that automatically distributes a share of platform trading fees to active users. The following are ways to earn on Vanish:
- Holding SOL in your Vanish wallet earns a proportional share of 2.5% of platform fees.
- Trading tokens earns a proportional share of 5% of trading fees based on activity.
- When someone connects through a user’s referral link and begins trading, the referrer earns 20% of the generated fees by that user indefinitely.
All these also culminate in a points system that is allocated to active users.
History
Vanish provides a transaction history with details of activities performed in the wallet, only visible to the owner of the wallet. To navigate here, click the wallet icon and select “History”. In the image below, the records of my deposits, token trades and withdrawals are displayed.
However, in the regular wallets such as Jupiter, only the tokens sent out and the deposits received are visible. Other on-chain activities performed after shielding them with Vanish are invisible to the public network.
The Difference between Vanish and Cryptocurrency Mixers
Mixers work by breaking the link between deposits and withdrawals, routing funds through unrelated wallets to obscure their origin. Vanish keeps the link between deposits and withdrawals intact through its fixed one-in, one-out address model. Every flow in and out of the protocol is traceable at the wallet level. What stays private is your trading activity and not your identity or the movement of funds. After a user deposits, Vanish processes the funds using its novel Vanish Integrity Framework.
What is the Vanish Integrity Framework?
Vanish is built around a compliance framework called the Vanish Integrity Framework (VIF), which operates across every stage of the trading process. Every deposit and withdrawal is screened in real time by two industry-leading partners:
- Elliptic: This powers multi-asset AML compliance across the platform. Elliptic provides real-time risk detection with continuous screening against OFAC and global sanctions lists, including checks on both direct wallet exposure and counterparties.
- Range: This handles on-chain transaction monitoring with deep Solana-native intelligence. The same technology that underpins the Solana Transaction Security Standard secures billions of dollars in assets through Squads Protocol. Range screens every transaction for illicit exposure across 90+ blockchains and flags known bad actors from other ecosystems.
Conclusion
Vanish represents a significant improvement in privacy technology in the blockchain industry. Users can safely carry out their transactions without the fear of regulatory non-compliance or the risks that come with exposed trading activity, such as front-running and wallet doxxing.
