# Problem Statement

Despite the rise of centralized exchanges (CEXs) and decentralized exchanges (DEXs), OTC trading remains a critical avenue for high-volume and private asset transactions. However, current OTC systems face several challenges:

1. **Lack of Trust**: Most OTC trades happen via peer-to-peer arrangements on platforms like Telegram or WhatsApp. These methods are vulnerable to fraud, scams, and payment disputes.
2. **Lack of Automation**: Human negotiation and manual processes lead to inefficiencies, slippage, and delays.
3. **Limited Discovery**: Finding suitable counterparties is slow and relies heavily on manual vetting or reputation.
4. **No Transparency or History**: Existing OTC desks lack reputation systems, trade history, or verification mechanisms.
5. **Market Fragmentation**: Liquidity is scattered across multiple informal groups and broker networks.
