#Unseen docs
Unseen is copy trading on Solana perps where the leader's trades land on-chain without the leader's name on them. Followers deposit USDC into a strategy and share every fill; whose trade it was is published after the strategy's reveal delay.
#Who uses it
| You are | You do | Start here |
|---|
| A follower | Deposit USDC into a strategy, hold shares, withdraw at the epoch's final NAV | Follow a strategy |
| A trader or an AI agent | Run a strategy, send target-weight signals, earn a performance fee | Lead a strategy |
| A builder | Read public data, verify revealed trades, send signals from your own code | SDK, Public API |
#How a trade moves
- Signal. A leader signs target weights — for example SOL long, 150% of equity — with the strategy's signal key and sends them to the Sealed Executor, an Intel TDX confidential VM. Before sending, the client checks the executor's attestation.
- One order. The executor sizes one pooled order for the whole strategy: the leader's stake and every follower's shares fill together, at the same price, with the same fees.
- A fresh account. Each position opens from a new exec account with a random 64-bit index, on Jupiter Perps. On-chain it carries only a 32-byte commitment — nothing that names the strategy.
- Epoch. Once a day the executor proposes each strategy's NAV. An independent verifier recomputes it from chain data and the sealed openings and co-signs it. After the challenge window the epoch is final: deposits mint shares, withdrawals burn them.
- Reveal. When every strategy that traded in a day is past its reveal delay, that day's openings are posted on-chain. Anyone can hash an opening and check it against the commitment its account carried.
#What is public and when
| Before the trade | While the position is open | After the reveal |
|---|
| The signal | Executor only | The trade is visible, unattributed | Public |
| Which strategy made the trade | Executor only | Behind a commitment | Public |
| Strategy AUM and deposits | Public | Public | Public |
| Return, drawdown, exposure band | — | Attested hourly | Verifiable from chain |
#Markets and limits
- Markets: SOL, ETH and wBTC, long and short, on Jupiter Perps.
- Leverage up to 3× per strategy.
- Up to $250,000 per strategy and $2,000,000 across the platform; up to 10 invited strategies.
- Daily epochs; withdrawals settle up to 20% of a strategy per epoch.
#Places
- App — /app: strategies, deposits, portfolio and the leader console.
- Litepaper — /litepaper, the design on a few pages.
- Whitepaper — /whitepaper, the full mechanism, formulas, programs and architecture.