Incognito basic info

Hello there.

A brief question.

Is incognito a decentralized exchange, I understand well? How is its liquidity? If someone sends any crypto, like btc or eth etc, once they reach incognito wallet are already shielded? And if sent to another private wallet its traceability will be shielded and not visible, no link with the previous private wallet?

Private wallet 1 —-> Incognito —-> private wallet 2

Will the founds in private Wallet 2 private?

Thanks.

Yes, here you may see the liquidity: https://incscan.io/pdex

Correct. After Private Wallet 2, you will be completely anonymous inside Incognito chain.

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@Mike_Wagner wrote it down in detail here