> ## Documentation Index
> Fetch the complete documentation index at: https://docs.nyx.money/llms.txt
> Use this file to discover all available pages before exploring further.

# Why Nyx?

*“Freedom is never granted; it is won”*

\-- A. Philip Randolph

## Is your money really yours?

The current financial system is designed to let others take control of your money. Digital money and payments are managed by centralized intermediaries that are beholden to those in power.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/cuck-chair.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=4f497f9387d8b6738780860d82b1efa1" alt="" width="1470" height="858" data-path="images/why-nyx/cuck-chair.png" />

## And the world is moving towards autocracy.

If you support the wrong cause or protest, you may be targeted and have your money frozen or seized. So far this decade, dissidents across [Hong Kong](https://www.theguardian.com/world/2020/dec/07/exiled-hong-kong-legislator-calls-for-inquiry-after-hsbc-freezes-bank-account?utm_source=chatgpt.com), [China](https://hrf.org/latest/how-china-uses-financial-repression-to-erase-the-uyghur-people/), [Nigeria](https://www.reuters.com/world/nigerias-central-bank-freezes-accounts-police-brutality-protesters-2020-11-08/), [Canada](https://ncfacanada.org/officials-report-most-frozen-bank-accounts-under-the-emergencies-act-are-being-released/?utm_source=chatgpt.com), [Ecuador](https://www.hrw.org/news/2025/12/09/ecuador-government-freezes-groups-bank-accounts), [Belarus](https://www.rferl.org/a/belarus-crackdown-nongovernmental-organizations/31368662.html), [Georgia](https://www.amnesty.org/en/latest/news/2025/03/georgia-authorities-freeze-accounts-of-organizations-supporting-protesters-to-kill-the-peaceful-protests/), [Russia](https://www.reuters.com/article/world/russia-freezes-bank-accounts-linked-to-opposition-politician-navalny-idUSKCN1UY1ER/), [Kazakhstan](https://www.hrw.org/report/2024/08/27/politically-targeted-economically-isolated/how-kazakhstans-financing-terrorism), [Iran](https://www.visiontimes.com/2022/12/07/iran-freeze-bank-accounts-women-defy-hijab.html), [Myanmar](https://www.rfa.org/english/news/myanmar/accounts-06052023092340.html), [India](https://www.nbcnews.com/news/world/india-narendra-modi-bjp-election-congress-party-bank-accounts-frozen-rcna144410), [Venezuela](https://www.hrw.org/news/2021/04/19/venezuela-must-cease-repression-civil-society), [Turkey](https://stockholmcf.org/turkey-seizes-billions-in-assets-shuts-down-hundreds-of-gulen-linked-institutions-since-2016-coup-attempt/), [Egypt](https://www.npr.org/sections/thetwo-way/2016/09/17/494385392/egypt-freezes-assets-of-five-prominent-human-rights-defenders), [Thailand](https://www.washingtontimes.com/news/2010/jun/21/thai-government-freezes-assets-red-shirt-backers/) and more have had their bank accounts frozen.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/world-autocracies.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=4b37b5f4705d79275a49c035c485bd2f" alt="" width="584" height="438" data-path="images/why-nyx/world-autocracies.png" />

*Source: [V-Dem](https://www.v-dem.net/documents/60/V-dem-dr__2025_lowres.pdf)*

## Crypto provides an alternative.

Crypto is an alternate financial system designed to give people digital freedom.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/alternative-system.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=705a4914585d4409c56a0273c38ffa8c" alt="" width="982" height="980" data-path="images/why-nyx/alternative-system.png" />

## People want control of their money.

Decentralized crypto networks like Ethereum and self-custody wallets like MetaMask let people take control of their digital money.

Ethereum users are embracing self-custody, with ETH supply on centralized exchanges now at an [all time low](https://cryptorank.io/news/feed/6a115-ethereum-exchange-supply-hits-9-year-low-heres-implication-for-eth-price).

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/eth-exchange-supply.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=cb7cec304d86ff3d5d68bbabe6493128" alt="" width="1200" height="661" data-path="images/why-nyx/eth-exchange-supply.png" />

## But there is a problem: no privacy.

Without privacy, you are not free from surveillance and targeting. Your entire history can be used against you at any point.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/not-like-this.gif?s=eac2c732779363438840b7cd48e208a8" alt="" width="320" height="133" data-path="images/why-nyx/not-like-this.gif" />

*“Under observation, we act less free, which means we effectively are less free.”*

\-- Edward Snowden

## Privacy tech is now ready.

Moore's Law for zero knowledge proofs is significantly improving performance.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/sp1-performance-over-time.jpg?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=7bb78a1611ee613361fe0ce4bb04cbd4" alt="" width="1600" height="900" data-path="images/why-nyx/sp1-performance-over-time.jpg" />

*Source: [Succinct](https://blog.succinct.xyz/sp1-turbo/)*

## Self-sovereignty = freedom.

Privacy is core to crypto’s vision of digital freedom. Nyx adds this final, missing piece, enabling self-sovereignty.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/self-sovereign-venn-diagram.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=c404b836e5e05bbc8b9af7081aa0b1fc" alt="" width="812" height="694" data-path="images/why-nyx/self-sovereign-venn-diagram.png" />

## Nyx gives you self-sovereignty.

By adding privacy to self-custody, Nyx turns your money into digital cash. Cash is self-sovereign: private and doesn’t require centralized intermediaries.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/self-sovereign-banking-2.0.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=fe43073ff6ee564998c12f6bfcc6201e" alt="" width="926" height="428" data-path="images/why-nyx/self-sovereign-banking-2.0.png" />

## Ethereum is only 1% self-sovereign.

Success for Nyx is measured in self-sovereignty percentage. Starting with Ethereum, then the world.

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/ethereum-tvl.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=9e754a2dadea5a989fc69000aca628a8" alt="" width="840" height="860" data-path="images/why-nyx/ethereum-tvl.png" />

*Source: [DefiLlama](https://defillama.com/) (15/1/2026)*

## Join the self-sovereign movement.

We’re building something that will outlive us and can run without us, in the same way those who inspired us built. Nyx is using the latest privacy tech from [Aztec](https://aztec.network/) to build a freer world.

In the coming months we'll be opening up access to everyone. For now, [follow our progress on X](https://x.com/nyxmoney)

<img src="https://mintcdn.com/nyx/Bv0_cOoB4PxImNHR/images/why-nyx/standing-on-vitaliks-shoulders.png?fit=max&auto=format&n=Bv0_cOoB4PxImNHR&q=85&s=30c1402b9552623e24d299effed6d263" alt="" width="1024" height="1536" data-path="images/why-nyx/standing-on-vitaliks-shoulders.png" />
