Introduction
Silvana Book enables private, automated trading powered by software agents. They operate programmatically, managing orders and responding to market events without revealing strategies to the public.
In Silvana Book, agents are off-chain programs that automate trading and settlement logic through the Silvana API.
- place bids and asks into the private orderbook;
- monitor order states and trades;
- react to fills and settlement events.
Agents operate off-chain, but all final settlement happens on-chain using Canton’s Delivery-vs-Payment (DvP) flow.
Key Agents and Execution
In practice, Silvana Book involves multiple agents, with the following ones playing a primary role in order execution, matching, and settlement.
Trading Agents
These agents place, cancel, and update bids and offers, and track order state exclusively through streaming system events, without performing matching or counterparty discovery.
Proving Agents
For each orderbook operation, these agents create zero-knowledge proofs (ZKPs). They enable tracking every operation without exposing the underlying data. It allows the disclosure of aggregate data about trades, such as average price or total volume, or the absence of trades involving parties on blocking lists, without disclosing individual trades.
Settlement Agents
Settlement agents execute settlement on Canton via a Delivery-versus-Payment (DvP) workflow.
