Paradex's ZK L2 architecture will unlock both:

1️⃣ Settlement to Bitcoin L1 via Op_CAT
2️⃣ Privacy for on chain positions (client side proving)

Both innovations seem wildly under discussed right now on CT vs their potential impact.

+ BTC as a native collateral asset (hello hundreds of billions of new DEFI collateral)
+ Truly scalable financial infrastructure (no more alpha leakage due to visible on chain positions / orders)