Using Tor for DEX Access

I'm curious about using DEXs like Hyperliquid with Tor. Is that possible? I've made some mistakes before by not prioritizing my privacy, but as I dive deeper into crypto, I want to keep some things private. I've realized there are valid reasons for wanting privacy beyond just illegal activities. I managed to access Hyperliquid through Tor, but if I transfer my coins there, will they be safe from being seized?

How are they going to seize your funds if it's a DEX? Anyway, in term terms they say part of the prohibited things are using VPNs, proxies to musk location. I guess this is just for formality for now so that they don't get in trouble with the regulatory bodies Take a look at the TOS - https://app.hyperliquid.xyz/terms

Hyperliquid and others that claimed to be decentralized exchanges are not decentralized. If you connect to your noncustodial wallet or you login through email on the exchanges, you will still need to deposit on the address the exchange will give you before you will be able to trade on the exchange. So that means they are not decentralized exchanges but they are exchanges that require no KYC.

They can not seize your coins in your non custodial wallets that are used to connect to their DEX for trading. Unfortunately, it does not mean governments can not seize your funds even in your non custodial wallets, I only exclude Bitcoin blockchain. With altcoin blockchains that are centralized and based on smart contracts, governments can make their legal orders to projects and through smart contracts, they can seize your funds. PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets. They have seized a lot of stable coins already. Stable coins and black lists. Prohibiting VPNs and Tor can not protect DEX against legal issues as it basically is not enough to help those DEX to obey to government's AML and KYC.

This is from their Terms: Means you are really not allowed to use VPN, proxy, or similar tools to hide your location/IP address. I'm curious if, let's say, I'm from the US and I will use a VPN that is also in the USA? Like, my country will still be the same, but only a different IP address. Is this still allowed?

From the term in ToS quoted above, I see it is not allowed to use VPN with IP addresses in the USA even you are the US citizen. The term emphasizes that VPN is not allowed to hide your residency and citizenship. If it is only about citizenship, you can use VPN like you asked but here, it is about another thing, residency. So jy interpretation is you are not allowed to do it for masking your real IP address from the USA with VPN.

They might block known VPNs from connecting, in which case you wouldn't be able to use the exchange without revealing your true IP address. If they don't block your VPN, you can likely get away with using them from any location but know they might block VPN access at some point. I'm not sure if the ban on VPNs is for AML checks or if it's just jurisdiction checks plus a way for them to protect themselves against you not being able to access the site if they ban a VPNs access because they did something malicious or the DEX spotted unusual traffic.

That states that VPN is allowed but people from restricted countries should not use it to mask their locations. But if your country is not restricted, you can use it. You will be able to access the site but you will be warned on the site home page. Although I think the warning is like it is just for formally and nothing special than that. As long as you use United States IP location, be it VPN or ISPN, you will be warned.

Yeah, they mostly use the word "decentralized" to sell the product, but what I know is that such exchanges use smart contracts to operate, and the assigned deposit address for each account is probably linked to the smart contract. It kind of reminds me how Etherdelta used to work. The only exchanges I would believe are truly decentralized are those where every trader has to run at least their own nodes to connect to the network, on top of using noncustodial wallets or accounts.

We thought before that DEX exchanges solved privacy, but any of these exchanges do not support the Tor browser, including HyperLiquid. However, most of the DEX exchanges allow the use of VPN, but your funds can still be frozen or blocked by the authority using smart contracts if your funds are mostly in stablecoins like USDT or USDC. If OP is trying to clean his coin, DeX is not a good place to do that unless he trades only non-stable coins with a VPN. The problem is he only talks about HyperLiquid, which does not allow VPN. Unlike Uniswap and PancakeSwap, it supports VPN.

They have no KYC and they are decentralized, then how can they verify where we are logging in from? They simply use the previously logged-in IPs and any other IPs will be restricted? I never used Hyperliquid but their ToS doesn't make sense to me unless they have KYC verification.

The name they called them which is perpetual Dex is not a true name because they are not decentralized. Thry do not require KYC but you will have to send your coins to the address that they will create for you that they have the private key and not you that have the keys. They are centralized because they give you addresses and they have the addresses private keys. The name perpetual Dex is just a lie.

First of all I want to say that it is never possible to find out someone's personal information through a Bitcoin address or a crypto address. And every DEX uses only a wallet, no personal information and an email are used there. So why do you have to use TOR to protect your privacy? Where you are afraid of the privacy of DEX, then why should you use DEX? And if you read the terms and conditions of DEX, you will know about their restrictions and restrictions from there. I don't think they will provide any VPN protection there and TOR works like a kind of VPN.

I doubt your coins will be seized seeing that you guessed right to use Tor to access a DEX like Hyperliquid. While the TOR browser itself stands as an authentic privacy browser by obscuring your IP address and location, the need for other safe practices in securing your wallet, would ensure your coins stay safe from hacks and scams that come in form of phishing links. An app or browser or wallet, is only as good as the user who knows the best practices to abide by.

This type of "dex" that can potentially have funds seized when geoblock anomalies are detected, one of which is if you utilizing the Tor network to bypass their restrictions. They wouldn't impose restrictions if they won't also take action as a consequence of violations. You must first deposit your funds into an exchange wallet that isn't solely managed by you, so there's a risk of seizure. You can't implement optimal wallet security practices.

You have many options if you care about your privacy, but platforms like Hyperliquid typically have risk metrics, such as using a VPN, Tor, high-risk addresses, and more. The higher the risk level associated with your account, the greater the chance of it being blocked. Therefore, it's best to avoid Hyperliquid or start with small amounts. Unfortunately, there is no reliable exchange with strict NO KYC rules, so it's best to use a mixing service, create multiple temporary wallets, broadcast the transaction between them, and then send it to CEX.

With very high trading volume on Hyperliquid, I really believe that people trade there with big capital and they don't consider Hyperliquid as a dangerous exchange to use. With most people, no KYC policy is good for their privacy and they easily skip all other risk factors there. Logically if people see any platform as risky, they will not use it or use it with very small capital like you mentioned. In fact, what has happened on Hyperliquid so far shows us an opposite overview about Hyperliquid and how people have used this exchange. They see Hyperliquid as a new paradise for trading with good privacy and also very high leverages to satisfy their degen favorite. No KYC is only at the present as in the future, I believe governments will pay more attention on Hyperliquid and similar exchanges, then enforce new Acts, laws and regulations on such exchanges.

I was talking about an investor who doesn't want to disclose their identity, wants to use VPN or Tor, has medium or high-risk AML score, and doesn't want a platform that might ask for KYC information. In this case, Hyperliquid* is risky or unsuitable. * I haven't tried the platform yet. I intend to try it and give a review, but this is my impression after reading terms of use.

Very doubtful about the privacy, there's reason why andrew tate's trade got leaked where he lost big money in perpetual trading. Once people identify your address, they will know all your trading history. In this regard I think CEX is more privacy in the sense that no random eyes is lurking at your trade since it happens off chain. But, as long as the owner of the address isn't identified, I guess it's privacy since the platform doesn't even require KYC. However i'm sure they track their user's info for their platform tax report or something.