0.34% all-in on a ~$1k SOL test is good marketing, but the touchier claim is private-by-default swaps plus one-click XMR/ZEC routing while KuCoin and Bybit are publicly leaning into the ecosystem. If Husher is smart-routing through ESP/CEX liquidity, regulators and compliance teams won't care that the UI is non-custodial; the choke point becomes taint flowing into partner venues. Samourai, Tornado Cash, and ChipMixer already trained enforcement to treat privacy tooling plus facilitation as a laundering fact pattern, so the growth constraint is less swap speed than whether counterparties keep accepting no-KYC order flow.

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