DUSK : A Different Approach to Order Book Visibility
Traditional order books show the market's intentions clearly. This visibility can be a problem for large positions. Some participants use that transparency to gauge weakness or provoke reactions.
@Dusk introduces a concept called an obfuscated order book. Orders are not displayed in full public view. This design seems aimed at reducing front-running and spoofing. The Hedger component is central to this process. It functions as a counterparty that manages the concealed liquidity pool.
From a trading perspective this changes the dynamic. You cannot easily read the precise depth of the market. Your own large order does not signal its size to everyone. Execution happens through the Hedger which settles the final trade on-chain. It feels less like an open auction and more like a managed process.
The theory is that manipulation becomes harder when intentions are hidden. I see it as an architectural choice for specific asset types. Whether it creates a genuinely fairer market depends on implementation. It is a quiet solution to a persistent problem.
