Safe Execution Account

The SEA(Safe Execution Account) is PegaX's unique and creative approach to on-chain trading that enhances both security and efficiency. Unlike traditional onchain trading platforms that require users to entrust their private keys to the platform, our solution ensures users retain full control of their assets while enjoying seamless trading experiences.

How SEA Works

1. Wallet-Linked Account Creation

   1. Users log in by connecting their own non-custodial wallets (e.g., Phantom, MetaMask) or using social accounts.

   2. A Safe Execution Account is automatically deployed on-chain, acting as the user's trading account.

2. Account Funding

   1. Users top up their SEA by depositing funds from login wallets.

   2. These funds remain fully controlled by the smart contract, which only executes transactions without frequent confirmation requests.

3. Seamless & Secure Trading

   1. Once funded, users can execute trades directly from their SEA without repeatedly signing transactions.

   2. The system recognizes the user's login session, allowing for instant trades without additional authentication.

   3. The account operates in a non-custodial manner, ensuring the platform never holds users' private keys.

4. Social Login via Third-Party Wallets

   1. Users can also opt for social login methods.

   2. A third-party wallet provider Privy generates and manages their private key securely, ensuring the PegaX platform has zero access.

   3. This removes the risk of key custody while making it easier for new users to onboard.