
When swapping USDT for PIPPIN ($PIPPIN), you have two choices on Baltex: Standard and Private.
In a Standard Swap, your transaction is broadcast to the "Mempool"—a public waiting room for pending transactions. While this works fine for stablecoins, it is dangerous for volatile meme coins like PIPPIN. Why? Because predatory bots (MEV bots) are watching. If they see you buying a large amount of PIPPIN, they can bribe miners to buy it before you and sell it to you at a higher price.
This is called a Sandwich Attack, and it costs crypto traders over $500 million a year.
When you toggle "Private Swap" on Baltex, we change how your transaction travels.
Instead of shouting your trade to the public network, we route it through a Private RPC (like Flashbots or specialized relayers).
In a Standard Swap, anyone on Solscan can see: Wallet A sent USDT -> Wallet A received PIPPIN. In a Private Swap, Baltex utilizes a Relayer system.
Not every trade needs to be a secret mission. Use this guide to decide:
| Scenario | Recommended Mode | Why? | | :--- | :--- | :--- | | Small Buy (<$500) | Standard | The "MEV" risk is low. Bots won't waste gas fees to attack a small trade. Standard is faster. | | Large Buy (>$1,000) | Private | Essential. Large orders move the price, making you a prime target for sandwich attacks. Private Mode saves you money on slippage. | | Privacy Focused | Private | If you don't want your main wallet history directly linked to a meme coin purchase, Private Mode breaks the visual link. | | High Volatility | Private | When PIPPIN is pumping (+50% in an hour), the mempool is chaotic. Private Mode bypasses the traffic jam. |
No. It is more private, but it is not "Monero-level" secrecy.