Classic versus ZK Settle
PreviewWhat an observer can see at each phase in Classic mode and in the ZK Settle design target.
Preview UI exists, behavior simulated.
| Phase | Classic: observer sees | ZK Settle (design target): observer sees |
|---|---|---|
| Commit | Hashes and bonds only | Hashes and bonds only |
| Reveal | Every order: side, size, limit, owner | Nothing new; orders are opened privately to the prover |
| Settle | Midpoint, every fill per order | Midpoint, total crossed, a proof that clearing was correct, a commitment to the fill list |
| After | Full history of every order | Each trader sees their own fill; others see totals |
In Classic mode, orders are visible during the reveal window. That window is short and comes after commitments are locked, so nobody can change their order in response, but the orders are public from that point on.
See Proof roadmap for the proof of correct clearing.
Last updated 2026-09-28