Are There Any Decentralized Finance (DeFi) Protocols That Mimic Dark Pool Functionality?
Yes, some DeFi protocols and decentralized exchanges (DEXs) have developed features that mimic dark pool functionality. These often use mechanisms like "commit-reveal" schemes or private order books secured by zero-knowledge proofs.
The goal is to allow large traders to submit orders without immediately revealing their size and intent to the public blockchain, thereby preventing front-running by malicious bots (MEV).