Treasury management
Onchain, a treasury desk's every buy, sell and rebalance is public in real time — an open invitation to front-running and MEV, and a live feed of your reserves and strategy to anyone who cares to watch.
What Merces adds
Confidential asset purchase and sale. Buy and sell stablecoins and tokenized assets from a private account, with size and counterparties kept off the public ledger.
Idle balances put to work privately. Deposit into a vault from the private balance, with the position and its value encrypted throughout. See Private DeFi for what is available today.
Private rebalancing. Allocations execute privately and only their correctness is proven onchain — private execution, public verification.
Disclosure for auditors. Past activity can be decrypted for authorised parties, scoped to what was asked for. See Post-transaction disclosure.
No migration. Runs on the chain the treasury already sits on.