Taking a break from quantum talk to make a statement about @AleoHQ, since some people seem to be confused.
Aleo is not "shutting down" as a chain. Aside from the fact that it's decentralized and can't be "shut down" by any one party, things on chain have never been more active.
In fact, I've never been more optimistic about it's future.
There are not one, but *two* labs companies building awesome products leveraging zero-knowledge cryptography on Aleo for real world applications:
- Provable launched @ShieldFi, which just announced a partnership with @flowdesk_co to bring offchain OTC markets on-chain: https://t.co/LRu6vwU4p8
- Aleo Labs launched @alcove_wallet, arguably the best wallet out there for crypto payments with a dead simple, clean UX that supports USDC sends and receives across multiple chains.
Aleo is integrated with:
- @circle
- @Ledger
- @FireblocksHQ
as well as being supported by @coinbase from Day 1.
The protocol has been validated through *years* of operation. It's the only *fully programmable, permission-less, privacy-preserving blockchain* that exists.
This effort has taken many people the better part of a decade. And the work isn't done. There are many people still dedicating their lives and putting all chips in on building, maintaining, and promoting this protocol, which fills a *critical missing piece* in terms of onchain programmable privacy.
I'm still proud to serve on the board of the Aleo Network Foundation, and I've never been more optimistic on the future of Aleo.
We are announcing a collaboration with @flowdesk_co, a global liquidity provider and digital asset trading and technology firm, to provide deep and reliable liquidity to Shield Swap.
Flowdesk brings institutional-grade liquidity to Shield Swap, giving participants a way to confidentially trade at scale without surfacing their activity to the broader market. This collaboration gives professional traders access to popular trading pairs with new privacy protections and reflects a shared focus on building efficient and liquid digital asset markets.
Flowdesk combines deep financial and crypto expertise with algorithmic and proprietary trading systems to connect digital assets to global liquidity. Flowdesk provides transparent OTC trading and liquidity solutions for institutional investors, token issuers, and exchanges, connected across 150+ centralized and decentralized markets.
Shield Swap takes a confidential approach for traders. Participants are able to execute a trade without publishing their identity, holdings, and strategy to the market. Inside Shield Swap, participant identities stay off the public ledger, portfolio balances remain encrypted to the participant's keys, and trades do not expose the participant's full activity to public observers. Every trade also creates an encrypted compliance record that can be reviewed when access is compelled when law.
Working with Flowdesk connects these two parts of the trading experience. Flowdesk supports deep, efficient liquidity for assets moving through Shield Swap. Once positions are shielded inside Shield Swap, subsequent holdings remain confidential within the platform, even while liquidity pools are managed by Flowdesk.
This collaboration gives professional traders a way to participate in onchain finance with confidentiality and compliance.
Early access is open to institutional and professional investors at https://t.co/8a0TjYWHfe.
Shield Wallet MCP is live, so your AI agent can now use Shield the way you do, right down to swapping and shielding your funds.
It works from your shielded balance, using the permissions you choose inside Shield.
Update the extension to try it today!
https://t.co/E9DR4icPn7
Shield your assets in Shield Wallet:
1. Tap Shield.
2. Pick the token and amount.
3. Confirm.
They move to your private balance, ready to swap at https://t.co/tqvyuNXeGf
Welcome to the era of confidential finance.
Where your identity, portfolio, and trading strategies belong to you.
That’s Shield Swap.
https://t.co/XeZSp3pUvS
Fund Shield Swap with ETH, SOL, or wBTC:
1. Bridge your assets to Aleo using Hyperlane.
2. Shield them in Shield Wallet.
3. Swap at https://t.co/tqvyuNXeGf.
Create financial trades on a platform that is confidential-by-default and compliant-by-design.
Docs are here for teams integrating.
https://t.co/rSAR3w9qVR
Shield Swap gives onchain traders the same protections they expect in traditional markets.
Confidential-by-default. Compliant-by-design.
Try it now: https://t.co/tqvyuNXeGf
Shield Swap protects your identity, portfolio, and trading strategies while keeping the market publicly verifiable.
View keys let you grant access to your wallet history without publishing it to everyone else.
Try it now: https://t.co/tqvyuNXeGf
Shield Swap gives onchain traders institutional-grade reporting they expect in traditional markets.
Confidential-by-default. Compliant-by-design.
Try it now. https://t.co/tqvyuNXeGf
Here's a neat overview of different ZK-enabled privacy models for DeFi. Can you guess which one @ShieldFi uses?
h/t to @alinush for his cool cryptography diagrams
Today, we are announcing our collaboration with @near_intents, the intent-based execution layer connecting assets and participants across 34 blockchain networks, which has processed more than $25 billion in all-time volume.
Shield Swap is working with NEAR Intents to make it easier for market participants to move assets across blockchain networks and trade without exposing their activity inside the venue to the public market.
NEAR Intents is a multichain transaction protocol that allows users to specify the outcome they want, and competing solvers quote the execution. That removes much of the work normally involved in moving assets across chains. Participants do not need to choose a bridge, build a route, or manage gas tokens across several networks. They choose the asset they want to move and the result they want to receive. Solvers handle the route and compete on price.
Shield Swap takes a similar approach to confidential trading. Participants are able to execute a trade without publishing their identity, holdings, and strategy to the market. This is difficult to achieve on a transparent blockchain. Wallet addresses are persistent identifiers, and positions can be reconstructed from transaction history. Over time, trades reveal patterns that other market participants can use against the trader.
Inside Shield Swap, participant identities stay off the public ledger, portfolio balances remain encrypted to the participant's keys, and trades do not expose the participant's full activity to public observers. Each transaction also creates a compliance record that can be disclosed to authorized parties when required.
Working with NEAR Intents connects these two parts of the trading process. A participant can state the outcome they want and source assets from supported EVM and non-EVM networks. Solvers compete to deliver the best available route. Once those assets enter Shield Swap and are shielded, subsequent holdings and trades remain confidential inside the venue.
Transactions on origin networks remain visible. Confidentiality begins when assets are shielded within Shield Swap. This gives participants access to liquidity across networks without carrying public transaction history into every trade they make afterward.
Early access is open to organizations and individual market participants at https://t.co/8a0TjYWHfe.