POPC_DEX_ENABLED=false) in the current release (V30000); the signed-offer SOST-layer DEX is NOT ACTIVE (deferred / fail-closed on mainnet, see protocol-status.json) and admin-gated at consensus (S14 RESTRICTED DEVELOPER MODE) with public access disabled. PoPC is a non-tradeable native SOST bond — see PoPC Bond Staking. This surface is OTC / P2P coordination only (signed offers, encrypted deal channels); it provides no settlement, custody or security guarantee, and public atomic swaps are not currently authorized.Encrypted Coordination for OTC / P2P Deals
| Property | Detail |
|---|---|
| Key Exchange | X25519 Diffie-Hellman |
| Message Encryption | XChaCha20-Poly1305 |
| Signing | ED25519 per message |
| Relay Knowledge | Timestamps and metadata only. Content is opaque to the relay. |
| Forward Secrecy | Per-session ephemeral keys derived from channel seed |
| Audit Trail | Signed message hashes recorded. Content not stored by relay. |
All messages are end-to-end encrypted. The relay cannot read content.
Message types visible on the timeline (offer, accept, cancel, settlement_notice) indicate only the type of coordination step. The actual terms, prices, and identities within messages are encrypted and visible only to the two parties in the deal channel.
For the full E2E protocol specification, see E2E Protocol.