Invisible

On-Chain Footprint

What an on-chain analyst sees — normal SOL transfers, nothing suspicious.

Analyst View

An analyst observing a completed Invisible swap sees:

  • Independent wallets making ordinary SOL transfers to fresh addresses, spaced days apart
  • Non-round, non-uniform, non-correlated amounts
  • No smart contract invocation — SystemProgram.transfer only
  • No link between LP wallets and Alice's deposit wallet
  • No link between Alice's destination addresses

On-Chain Transactions

Deposits (Look Normal)

LP_origin     ──(transfer)──►  W_lp         "consolidating SOL"
Alice_origin  ──(transfer)──►  W_alice      "moving SOL to new address"

Payouts (Over 3 Weeks)

Day 2:   W_lp_1  → Alice_fresh_1    (0.4 SOL)
Day 5:   W_lp_2  → Alice_fresh_2    (1.1 SOL)
Day 11:  W_lp_1  → Alice_fresh_3    (0.3 SOL)
Day 16:  W_lp_4  → Alice_fresh_4    (0.8 SOL)
Day 20:  W_lp_2  → Alice_fresh_5    (0.4 SOL)

Different wallets, different addresses, different days. Nothing links them.

Why Detection Is Hard

Attack VectorWhy It Fails
Amount correlationNon-uniform, non-round, CSPRNG-generated
Timing correlationPayouts span 3 weeks with random jitter
Graph analysisNo shared addresses between destinations
Program fingerprintOnly SystemProgram.transfer — used by every wallet
Wallet clusteringEach payout from a different LP wallet to a fresh address

POC vs. MVP

AspectPOC (P2P)MVP (Pool)
Flows2 near-simultaneous5+ spread over weeks
TimingSame second (easy to correlate)Days apart, randomized
AmountsMirror amountsNon-uniform fragments
Analyst difficultyModerateVery hard

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