More than $7.2B in MEV has been extracted across major chains since 2020.
Ethereum alone accounts for over $1.3B of that.
Around 30% came from sandwich attacks. Another 25% came from liquidations.
Both happen because trading intent is visible before a trade actually lands.
Traders are already trying to avoid that. Around 85% of DEX trades and 95% of DEX volume now use private mempools.
Private mempools hide the transaction on its way to the chain. They don't hide the instruction once it's posted.
Nillion is building Encrypted Markets so the instruction itself can stay private while it waits.
Dusk is the first step, now live on sepolia testnet.
A trader can set an instruction in advance, post it onchain encrypted, and keep it sealed while the network waits for the condition attached to it.