Private balances

Your private balance is a set of encrypted notes held by one shared contract. Each note says who owns it and how much it's worth. Only your device can read yours.

Shield: public to private

Shielding sends tokens from your public wallet to the Rooq contract and creates a private note for you.

Tokens enter a queue first. Once the queue is processed, usually within a block or two, the note is yours to spend. Only supported tokens can be shielded.

Public chain

Your wallet, the token, the amount and the time

Your maker

Only what the public can see

Risk workers

Only what the public can see

You

Everything

The link between this deposit and your later activity stays hidden. Distinctive amounts and quick withdrawals can still give it away. See how privacy works.

Send privately

A private transfer moves tokens to another Rooq account. You need their private address, and you can find yours in the app. The amount, the token and both people stay hidden.

A relayer pays the gas for you, so your public wallet isn't involved. On networks where it charges a fee, the fee is a small private note and the app shows it before you confirm.

Public chain

That a private spend happened. Not the amount, the token or either person

Relayer

Its own fee note, and the proof it submits

Recipient

The amount and token they received

You

Everything

Unshield: private to public

Unshielding sends tokens from your private balance to a public address that you choose. You can only unshield your free balance. Margin in a position, maker backing and liquidity in a pool have to be released first.

You can choose who pays the gas.

• Relayer pays. Your wallet isn't involved. The app shows any fee first.
• My wallet pays. Your connected wallet sends the transaction, which publicly links that wallet to this unshield.

Public chain

The recipient, the token, the amount and the time

Risk workers

Only what the public can see

You

Everything

Your private history and the link to your other activity stay hidden. The address you send to is public forever, so choose it with that in mind.

If the relayer is down, you can still unshield by paying the gas from your own wallet.

Combine notes

Every action can spend at most two notes at once. If your balance is spread across many small notes, a larger trade can't be paid in one step. The Combine button in your portfolio merges your notes for that token into one.

Balances the app can show you

• Free is what you can trade, send or unshield now.
• Locked is committed to an open lock, such as a trade waiting for a maker. It comes back if the lock expires.
• In a position is margin backing an open position.

Rooq reads your balance from chain data and decrypts it on your device. If the data isn't available, the app shows Unavailable rather than zero.