> For the complete documentation index, see [llms.txt](https://docs.palliora.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.palliora.org/defi/learn/concepts.md).

# Concepts

<table data-view="cards"><thead><tr><th data-type="content-ref"></th><th></th></tr></thead><tbody><tr><td><a href="/defi/learn/concepts/shielded-accounts.md">Shielded accounts</a></td><td>Your private account, derived from your wallet. Two key pairs and a root address, and how others find you.</td></tr><tr><td><a href="/defi/learn/concepts/notes-and-commitments.md">Notes and commitments</a></td><td>How value is stored as notes, how the commitment tree tracks them, and how nullifiers stop a note being spent twice.</td></tr><tr><td><a href="/defi/learn/concepts/shielded-transactions.md">Shielded transactions</a></td><td>Deposit, transfer, withdraw and adaptor call. What each one proves and what the pool checks.</td></tr><tr><td><a href="/defi/learn/concepts/relaying-and-gas.md">Relaying and gas</a></td><td>How a transaction is submitted without exposing your wallet, and how the fee is paid from your shielded balance.</td></tr><tr><td><a href="/defi/learn/concepts/adaptors.md">Adaptors</a></td><td>How a private transaction swaps, lends or stakes through another protocol without changing that protocol.</td></tr><tr><td><a href="/defi/learn/concepts/accountable-privacy-and-disclosure.md">Accountable privacy and disclosure</a></td><td>How a revoker and Decom guardians can de-anonymize one transaction, and how you can share a view key yourself.</td></tr><tr><td><a href="/defi/learn/concepts/palliora-integration.md">Palliora integration</a></td><td>How a revoker keeps a de-anonymized transaction on Palliora Data Availability, and who can read it.</td></tr><tr><td><a href="/defi/learn/concepts/private-sub-accounts.md">Private Sub-accounts</a></td><td>How you trade on Hyperliquid with private funding, and what stays public.</td></tr><tr><td><a href="/defi/learn/concepts/cryptographic-primitives.md">Cryptographic primitives</a></td><td>The curve, the proof system, the hashes and the encryption the protocol uses.</td></tr><tr><td><a href="/defi/learn/concepts/privacy-model.md">Privacy model</a></td><td>What is hidden, what is public, and what limits the privacy you get.</td></tr></tbody></table>


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