SilentSwap Overview
| iTrustCapital Overview | |
|---|---|
| Fees | 1% swap fee + network gas and slippage |
| Non Custodial | Yes |
| Chains supported | 8+ including Ethereum, Solana, BSC, Avalanche and Ethereum Layer 2s |
| Security Features | • Runs inside a Trusted Execution Environment (TEE) • Open-source SDK for transparency • Uses shielded transactions on privacy chains • Generates new “facilitator” wallets for each swap • Wipes transaction logs daily |
What Is SilentSwap?
SilentSwap is a privacy-first, non-custodial crypto swap service that lets you move tokens across different blockchains without leaving a trace.
There’s no sign-up, no centralized account, and no one holding your funds but you.
Normally, when you move crypto between wallets or chains, everything you do is public – anyone can follow your trail on the blockchain.
SilentSwap fixes that problem by acting as a private routing layer.
Put simply, that means it hides your transfer path using shielded transactions, temporary one-time wallets, and encrypted signing inside a secure black box called a Trusted Execution Environment (TEE).
Each swap is isolated from the next, which means no one can connect your old wallet to your new one.
The coolest part is that you can swap your tokens into multiple different tokens at once – to up to 10 fresh wallets.
It’s fast, secure, and designed to keep your activity private.
Whether you’re a trader, a business, or just someone who values privacy, SilentSwap makes it easy to move assets without broadcasting every move to the world.
SilentSwap Key Features
- You Stay in Control: SilentSwap never holds your funds or private keys. All swaps happen directly from your wallet – you’re always in charge.
- One-Time Wallets for Every Swap: Each transaction gets its own new “facilitator” wallet, which is used once and then discarded. This breaks any link between your past and future transactions.
- Built-in Security: All operations happen inside a Trusted Execution Environment (TEE) – a secure, sealed system that protects your data from anyone, even SilentSwap itself.
- Cross-Chain and Multi-Wallet Swaps: Supports 8 major blockchains and lets you send up to 10 wallets at once. Ideal for payouts, transfers, or multi-chain portfolios.
- Simple, Fast, and Always Supported: Most swaps finish in 1-3 minutes, and there’s 24/7 support if you ever need help.
SilentSwap Fees
Right now, SilentSwap charges a flat 1% fee per swap – that’s it.
Regular DEXes like Uniswap or Raydium usually charge about 0.25-0.3% per swap, so it’s not a bad deal for full privacy.
That means for a $1,000 swap, you’ll only pay $10. This fee covers the routing, facilitator creation, and privacy layers that make the service work.
Keep in mind you’ll also still pay the usual network gas fees for the blockchains you use, plus small slippage costs if token prices move during your swap.
But there are no account, custody, or withdrawal fees – since SilentSwap never holds your crypto in the first place.
| Swap Fee | 1% flat per swap |
|---|---|
| Gas Fees | Standard network costs on source/destination chains |
| Slippage | Minor price movement during swap execution |
Our Expert Review of SilentSwap
Time to put SilentSwap V2 to the test.
In this hands-on review, I wanted to see what it’s actually like to use. This will involve swapping from my main wallet into a completely new one, and into totally different assets.
The goal is to end up with a clean wallet, no traceable history, and a smooth experience along the way.
Let’s see how it goes!
The SilentSwap User Interface
My first impression was that the UI is slick.
It’s got a minimal, slightly old-school computer vibe – but at the same time it’s super intuitive.
There's no clutter or ads, just a clear step-by-step flow, which is what I like when it comes to DeFi.
You can instantly tell which network, asset, and wallet you’re working with at every stage, which is great – that means there’s almost zero room for error.

Connecting and Making a Swap
Connecting my MetaMask wallet was super simple – and there’s also support for virtually any DeFi wallet you can think of, as well as WalletConnect.
Supported chains include Ethereum, Base, Optimism, Arbitrum, Avalanche, Solana, BSC, and Polygon, so you’ve got plenty of flexibility.
From there, I picked $ETH as my input token.then selected $WBTC and $BNB as my outputs.

Then, choose your destination token, and the receiving address – the fresh wallet you want the funds to go to for privacy.
Splitting Up Outputs
Here’s where it gets cool – you can split your output across multiple tokens and wallets, all in one go.
I decided to swap 0.01 $ETH into $WBTC on Ethereum and $BNB on Binance Smart Chain, each going to a fresh wallet at a 1:2 split.
But you can take this even further – SilentSwap lets you split into up to 10 wallets at once, which is pretty wild for anyone managing multiple addresses or doing private distributions.
Personally I really liked the neat slider that lets you fine-tune how much of each token you’re sending out, and it feels surprisingly smooth.

Completing the Swap
Before confirming, the app shows a full breakdown of the estimated gas fees and SilentSwap’s 1% fee, so there are no surprises.
Once you hit “Swap,” a set of progress bars tracks every stage – it’s clean, visual, and just as satisfying as any other bridges or DEX I’ve used.

The Result
From start to finish, the whole thing took under three minutes – slow by “normal” swap standards, but quick for privacy.

All it took was a few clicks and a wallet confirmation, and I was looking at my new wallet holding two new assets – with no link back to my original account.
It felt effortless, and more importantly, private.
My only minor issue in my eyes was that there wasn’t more easily-accessible visibility into what’s happening under the hood, when making a swap.
I think this is important for people curious about the tech behind the privacy layer, and might also ease any hesitations from first-time users.
Overall, the experience absolutely nails what it promises: a fast, user-friendly way to move crypto discreetly, without feeling shady or complicated.
SilentSwap Customer Service
SilentSwap is a decentralized, non-custodial platform.
That means everything runs automatically through smart contracts, so no one ever has access to your funds. In turn, there isn’t much traditional “support” needed, since nothing is handled manually.
That said, help is still easy to find if you really need it.
There’s a clear FAQ page with answers to common questions, plus a Telegram help link for one-on-one support.

The best part is that the Telegram support isn’t just a bot – it’s a portal that will connect your concerns to an actual team member to help you out.
I submitted a help request through here, and received a very helpful and detailed reply within about 7 hours – not quick, but I could tell that their support made a solid effort in the quality of their reply.

Who’s SilentSwap For?
- Privacy-Conscious Traders: Traders who like to move assets between wallets or chains, but don’t want anyone tracing their steps on a block explorer.
- Cross-Chain Power Users: DeFi pros who bridge, swap, and rebalance often, and want a fast, private way to do it – without giving up control or trusting an exchange.
- Clean Privacy Seekers: Those who want onchain privacy but don’t want to touch mixers or have funds commingled with sketchy wallets.
Who’s it Not For?
- Unsupported Chain Users: Users whose holdings are in tokens on XRP, ADA, or other unsupported networks will need to wait until support for those are added.
- Compliance-Heavy Institutions: Big firms that need full audit trails, KYC records, or regulator-friendly reporting will probably find SilentSwap too private for their playbook.
- Casual Swappers: Those that are just doing small trades inside the same wallet and don’t care about privacy, might not need the heavy duty privacy that SilentSwap provides.
SilentSwap Alternatives
Crypto privacy tools all aim to do the same thing – they just take different routes to get there.
Some blockchains are private by default, hiding every transaction inside their own network. Others use mixers that jumble coins together to make the trail harder to follow.
Here are two popular alternatives to SilentSwap, each with its own unique way of keeping your transactions private:
SilentSwap vs. HoudiniSwap
HoudiniSwap keeps your swaps private by routing them through partner exchanges and random chain hops.
Houdini covers more assets and routes, but relies more on its centralized exchange partners.
SilentSwap takes a tidier approach – it builds privacy right into the tech, using shielded transactions and secure hardware.
SilentSwap is simpler, fully non-custodial, and has a flat 1% fee you can see upfront.
| SilentSwap V2 | HoudiniSwap | |
|---|---|---|
| Custody | Fully non-custodial | Non-custodial, but routes through centralized exchanges |
| Privacy | • Shielded transactions • One-time wallets • Secure TEE | • Hops across L1 chains via two exchanges |
| Compliance | Built for compliance, zero user data kept | Partner exchanges run AML checks, limits large or Tor transactions |
| Assets/Chains Supported | Tokens on 8+ chains supported (growing) | Very wide coverage via exchange partners |
| Fees | 1% flat fee plus gas/slippage | Partner fees plus gas/slippage |
| Speed | 1-3 minutes | 5-30 minutes |
SilentSwap vs. TornadoCash
Tornado Cash gives you serious privacy, but it comes with baggage.
It hides transactions by throwing everyone’s funds into one big pool. This is exactly what regulators don’t like, since it looks like money laundering.
This infamously led to a temporary sanction by the US Department of The Treasury (but that’s since been reversed).
SilentSwap takes a cleaner route. Instead of mixing anything, it uses secure hardware and one-time wallets to keep your swaps private.
| SilentSwap V2 | Tornado Cash | |
|---|---|---|
| Custody | Fully non-custodial | Fully non-custodial |
| Privacy | • Shielded transactions • One-time wallets • Secure TEE | • Mixes deposits from many users |
| Compliance | Built for compliance, zero user data kept | Previously sanctioned in the US for non-compliance |
| Assets/Chains Supported | Tokens on 8+ chains supported (growing) | Single-chain, same-token only |
| Fees | 1% flat fee plus gas/slippage | Fixed pool withdrawal fees, gas can get expensive |
| Speed | 1-3 minutes | Slow (longer wait = better anonymity) |
Is SilentSwap Safe to Use?
SilentSwap is non-custodial, so your funds always stay in your control, and its contracts have been audited multiple times.
Still, no DeFi platform is risk-free. SilentSwap routes swaps through multiple chains and bridges, which adds a few extra risk points – even if those protocols are reputable.
And while it’s built with compliance in mind, regulations change fast, so there’s no permanent guarantee.
SilentSwap Founders
SilentSwap was founded and is led by pseudonymous crypto veteran Shibtoshi, building on his earlier success with the SquidGrow ecosystem.
He famously turned 37 $ETH into a billion-dollar $SHIB position in 2020 and chose to reinvest it into creating real crypto tools like Inkubate, SGS Trade, and Knox Locker.
Shibtoshi has a track record of focusing on privacy and decentralization, backing his projects with audits and strong security practices.
When Was SilentSwap Founded?
SilentSwap came out of Shibtoshi’s SquidGrow ecosystem in late 2024, after years of experimenting with privacy-focused DeFi tech.
The launch took off quickly, with more than 18,000 users jumping in during early access.
Has SilentSwap Been Audited?
SilentSwap’s first version was audited by Hacken and Galxe, both giving it solid marks with no major issues found.
Hacken even rated it a perfect 10/10 for security.
Version 2 of the protocol has also been audited by Halborn.
Partnership with Secret Network
SilentSwap runs on Secret Network, a blockchain built for privacy.
Secret Network uses encrypted smart contracts so transactions stay hidden while still allowing limited visibility if regulations require it.
Secret Network themselves actually unveiled SilentSwap V2 at the Bitcoin 2025 event in Las Vegas.
Executive Director Lisa Loud summed it up perfectly, calling it “privacy by design, not privacy as an afterthought.”
Final Thoughts On SilentSwap
SilentSwap V2 does exactly what it promises – it gives you real onchain privacy without the sketchy feel of a mixer.
It’s simple, fast, and surprisingly user-friendly for something built on such advanced tech.
I liked how smooth the whole process felt, from connecting my wallet to watching the swap finish in under three minutes.
The best part is how it keeps things private without ever taking custody of your funds. Everything runs through one-time wallets and encrypted systems inside a TEE, so you stay fully in control.
I do wish there was a bit more visibility into what’s happening behind the scenes, but that’s a minor issue.
If you want to move assets discreetly without touching mixers or trusting exchanges, this is a great tool for your kit.
SilentSwap Frequently Asked Questions
SilentSwap is a private crypto swap platform that lets you move tokens between blockchains without leaving a public trail. It’s non-custodial, so your funds always stay in your control.
SilentSwap hides your swap details by using one-time wallets and encrypted transactions. Each swap is separate, so no one can trace your old and new wallets.
Yes, but privacy laws can change quickly. SilentSwap aims to stay compliant, but it’s on users to know their local rules.
No, SilentSwap doesn’t keep logs, personal info, or account data – everything is wiped automatically.
Yes. It’s simple: connect your wallet, pick your tokens, and confirm. The swap finishes in just a few minutes.
Pros
Cons