Prerequisites
Before you begin, ensure you have the following:
- A Solana wallet (e.g., Phantom, Backpack, or Solflare).
- Some SOL in your wallet to pay for transaction fees (though execution fees are taken from the trade).
Step 1: Connect to Cloak
Navigate to app.cloak.trade and click the Connect Wallet button in the top right corner.
Select your wallet provider from the list and approve the connection request.
Step 2: Choose an Execution Mode
Cloak offers different modes depending on your needs:
- Instant: For immediate execution with privacy.
- Stealth Execution: For large orders that need to be split over time.
- Limit: For placing price-defined orders without public book exposure.
- **Private DCA: **For systematic accumulation without creating observable on-chain patterns.
Use Stealth Mode if you are moving a large amount and want to avoid slippage or front-running.
Step 3: Execute a Swap
- Select the token you want to Sell and the token you want to Buy.
- Enter the amount to trade.
- Adjust Slippage and Priority Fees in the settings if needed.
- Click Swap.
Signing the Intent
Unlike a normal swap, you will be asked to sign an intent, not a transaction. This signature authorizes Cloak’s executor network to perform the trade on your behalf according to your specified parameters.
You are not sending funds to a contract (unless using Stealth Sell). You are signing a message that allows the trade to happen atomically.
Step 4: Track Your Trade
Once signed, your order will appear in the Orders tab or History tab.
- Status: You can see if your trade is
Queued, Executing, or Settled.
- Details: Click on a trade to view the specific chunks and execution timestamps.
Next Steps
Now that you’ve made your first trade, learn more about the advanced features: