I want an exchange’s rules to be inspectable My positions are a different matter That distinction makes the architecture behind @OndoPerps interesting to me Ondo describes private execution inside secure hardware, with signed logs that authorized parties can replay to check whether the approved code was followed. There’s a useful idea here: accountability without turning every trader’s activity into public information. But the word “verifiable” needs a follow-up: verifiable by whom? Ondo’s July architecture post described broader external watchers as a future direction. I wouldn’t treat that as verification already open to everyone. The progress I’d watch is more independent checking becoming possible while traders keep their privacy.