Traditional on-chain auctions expose every bid, every strategy, every maximum price — in real time. Front-runners exploit it. Whales weaponise it.
Obscura runs auctions inside an encrypted computation layer. No one sees your bid. No one can game the outcome. Only the result is revealed.
Every bid is sealed via iExec Nox handles before it touches the chain. Plaintext never exists on-chain.
Winner is determined inside an Intel TDX Trusted Execution Environment — verifiable and tamper-proof.
Only the winner address and settlement amount are published. All losing bids remain sealed permanently.
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