𝟭𝟭 𝗽𝗿𝗶𝘃𝗮𝗰𝘆 𝗹𝗮𝘆𝗲𝗿𝘀 𝘁𝗵𝗮𝘁 𝘀𝗵𝗼𝘂𝗹𝗱 𝗯𝗲 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗿𝗮𝗱𝗮𝗿.
Privacy in DeFi is not a one stop solution, but rather an evolving ecosystem of complementary layers.
1️⃣ @fhenix:
leverages on fhEVM for fully homomorphic encryption, enabling private DeFi smart contracts on Ethereum L2 with $450M TVL and 500+ dApps by Q3 2025.
2️⃣ @SecretNetwork:
uses TEE-based ‘𝘚𝘦𝘤𝘳𝘦𝘵 𝘊𝘰𝘯𝘵𝘳𝘢𝘤𝘵𝘴’ on Cosmos L1 for confidential lending and swaps, processing 1.2M daily transactions with $350M TVL.
3️⃣ @zama_fhe (fhEVM):
provides an open-source FHE libraries for encrypted DeFi computations like yield farming, supporting 20 TPS (scaling to 1K by 2026) across 200+ Ethereum-compatible protocols.
4️⃣ @OasisProtocol:
focuses on TEEs for confidential smart contracts on its L1, powering private RWA DeFi pools with $400M TVL and 10K+ TPS.
5️⃣ @inconetwork:
implements FHE for auditable, confidential DeFi dApps on Ethereum L2, with $200M TVL and 150K users post-Q1 2025 mainnet.
6️⃣ @PhalaNetwork:
runs on a TEE-based decentralized cloud for off-chain DeFi computations on Polkadot, handling $1B+ volume with 100K+ nodes.
7️⃣ @unichain:
utilizes TEEs for MEV-resistant block building on Ethereum L2, supporting fair DeFi ordering with $300M TVL, co-developed by Uniswap/Flashbots.
8️⃣ @HorizenLabs:
combines FHE and TEEs on Base L3 for compliant DeFi with private zk-proof verification, managing $150M TVL and $2.5M in grants.
9️⃣ @Arcium:
a TEE/MPC hybrid on Solana L1, secures private DeFi computations with $9M in funding, supporting 50+ dApps offering defense-in-depth for institutional-grade trading.
🔟 @nillion:
integrates FHE and MPC (TEE-compatible) for private DeFi auctions and intent matching, processing $500M+ volume via Petnet.
1️⃣1️⃣ @tenprotocol:
an Ethereum L2 rollup using TEEs for programmable privacy in DeFi, enabling confidential smart contracts for MEV-resistant trading and lending with a projected $180M TVL.
words to get familiar with;
*FHE → Fully Homomorphic Encryption.
*fhEVM → Fully Homomorphic Encryption Virtual Machine
*TEEs → Trusted Execution Environments.
*MPC → Multi-Party Computation
*TPS → Transactions Per Second.
*zk-Proofs → Zero-Knowledge Proofs.
true financial privacy requires both innovation and thoughtful implementation.
in my opinion, those that'll succeed will be find a balance in usability, security and regulatory compliance while giving users genuine control over our (financial) data.
privacy matters.
Hyperliquid dominates onchain derivatives and it's not close.
32% of perp DEX volumes is an insane statistic in its own right, but I think the more important piece is the >50% of OI share (which is often more indicative of actual usage and harder to fake).
One of the greatest crypto success stories of all time and it's just only getting started.
Hyperliquid
The Logos Builder Hub is now live.
Explore the stack; download Logos Basecamp for instant access to wallet, chat, filesharing, and explorer tools; review open RFPs; and submit ideas for apps you want to see built.
Start experimenting with Logos now:
https://t.co/vDv9S4otq2
Logos Testnet v0.1 is live.
A convergence milestone: Logos modules now run together as a unified stack for the first time.
The initial release is a proving ground for integration and backend validation.
Start experimenting at the new Logos Builder Hub.
https://t.co/LijWPxEM9O
Productive money that's truly atomic has never existed before.
But innovation without stability is just volatility with extra steps.
That's why we're partnering with @nunchi.