Among many privacy coin projects, Dusk has taken a somewhat different path. Most competitors are competing over who offers more extreme anonymity, which results in either difficult application or compliance risks. Dusk, on the other hand, goes against the trend—over the past 8 years, it has been exploring how to integrate privacy features with traditional financial regulations. This differentiated approach truly stands out.

Its core competitiveness is not complicated when broken down. The underlying self-developed Piecrust ZK virtual machine is the support point, combined with the dual-mode design of Phoenix confidential transactions and Moonlight public transactions, allowing different users to meet their needs—retail users can trade DUSK without exposing privacy data, while institutions can confidently onboard private funds and sensitive assets like bonds without worrying about business secrets being exposed. This balanced solution also explains why heavyweight institutions like NPEX and Chainlink are willing to cooperate with it.

The real turning point is DuskEVM. Ethereum EVM compatibility means developers can migrate with almost zero cost; Solidity contracts can be used directly, and privacy DeFi and compliant RWA applications are flooding in. At the same time, the integration with Chainlink is also noteworthy—CCIP protocol enables DUSK to circulate across chains like Ethereum and Solana, while DataLink can write official exchange data on-chain for oracle services. This combination essentially creates a channel connecting traditional finance and the on-chain world.

For ordinary users, the most direct benefit is sharing institutional-grade financial infrastructure without compromising privacy protection and asset liquidity. This design approach is quite rare in the privacy coin sector.