chimp.md

[Yuqianxxx]

Project Abstract

Chimp Exchange is building the first private decentralized exchange (DEX) that offers complete anonymity in trading. Leveraging end-to-end encryption (E2EE) via the Ten Protocol, the platform provides a fully secure and private trading environment, ensuring that users’ trades, assets, and identities remain confidential. This addresses one of the last remaining gaps in DeFi and Web3—privacy—by preventing asset tracking, identity disclosure, and liquidation hunting, thus protecting high-net-worth traders, whales, and privacy-focused users.

Chimp Exchange aims to revolutionize decentralized finance (DeFi) by offering features like encrypted trading, hidden liquidity pools, and a private fundraising launchpad. Currently live on Testnet with cross-chain capabilities, Chimp Exchange is building momentum and aims to scale its solution across multiple blockchains. Through its innovative approach, the platform sets the stage for the future of fully private, decentralized trading in Web3.

Grant level

• [ ] Level 1: Up to $10,000, 2 approvals
• [x] Level 2: Up to $30,000, 3 approvals
• [ ] Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• [x] The application template has been copied and aptly renamed (project_name.md).
• [x] I have read the application guidelines.
• [ ] Payment details have been provided (Polkadot AssetHub (DOT, USDC & USDT) address in the application and bank details via email, if applicable).
• [x] I understand that an agreed upon percentage of each milestone will be paid in vested DOT, to the Polkadot address listed in the application.
• [x] I am aware that, in order to receive a grant, I (and the entity I represent) have to successfully complete a KYC/KYB check.
• [x] The software delivered for this grant will be released under an open-source license specified in the application.
• [x] The initial PR contains only one commit (squash and force-push if needed).
• [x] The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• [ ] I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @_______:matrix.org (change the homeserver if you use a different one)

[github-actions[bot]]

CLA Assistant Lite bot: Thank you for your submission, we really appreciate it. Like many open source projects, we ask that you sign our Contributor License Agreement before we can accept your contribution. Please submit the following text as a separate comment:

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I have read and hereby sign the Contributor License Agreement.

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[PieWol]

Hey @Yuqianxxx , sadly I have to let you know that we are currently not in a position to fund privacy preserving tech and products. I wasn't aware of that prior to asking questions and leaving comments. Sorry for the bad news. I will have to close this application. Best wishes for you and your team.