Houdini Swap
Anonymous, cross-chain cryptocurrency transaction and swapping platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $250k | Seed | |
| Total Funding | 000k | ||
Houdini Swap is a decentralized finance platform that facilitates private and anonymous cryptocurrency transactions. Founded in 2022, the company operates as a non-custodial decentralized exchange (DEX) aggregator, allowing users to send, swap, and bridge over 4,000 tokens across more than 30 major blockchains without revealing their identity. The platform is designed to address the privacy concerns inherent in the public and transparent nature of most blockchains.
The core of Houdini Swap's technology is a system that obscures the link between the sender and receiver. It achieves this through a multi-faceted approach involving a dual-exchange system and randomized Layer 1 chains. For a private transaction, funds are first sent to an intake exchange, swapped into a privacy coin like Monero or across a random Layer 1 blockchain, and then sent to a second, unrelated outtake exchange. This second exchange converts the assets into the recipient's desired token and sends it to the final address, effectively breaking the on-chain traceability between the origin and destination wallets. This process ensures that no single entity has a complete record of the entire transaction path. The platform is non-custodial, meaning it never holds user assets, and does not require users to connect their wallets directly to the service, enhancing security.
Houdini Swap operates on a fee-based model, earning revenue from fees charged by partner exchanges and a trading tax on its native token. While prioritizing privacy, the platform maintains compliance with Anti-Money Laundering (AML) regulations without imposing public Know Your Customer (KYC) requirements. In May 2023, the company secured $250,000 in a seed funding round from investors including GDA Investments and Theia Blockchain. The platform has processed over $1.6 billion in transaction volume. The company's native tokens, originally $POOF and later migrated to $LOCK, are used for community governance, staking, and providing users with benefits like reduced transaction fees.
Keywords: anonymous crypto swap, private transactions, cross-chain aggregator, decentralized exchange, non-custodial swap, blockchain privacy, Monero tunnel, crypto security, DeFi platform, token swapping, asset bridging, multi-chain support, private crypto trades, transaction privacy, DEX aggregator, financial privacy, anonymous payments, blockchain security, cryptocurrency exchange, POOF token, LOCK token