Ekubo Enables Private Swaps for Shielded Tokens on Starknet

Ekubo, a leading automated market maker on Starknet, has introduced private swaps for shielded tokens. This feature allows traders to execute transactions without revealing their identity or wallet history.

The addition of on-chain privacy is built on Starknet's STRK20 framework and utilizes zero-knowledge proofs and Merkle proofs to confirm the user's funds and authorization without broadcasting their identity.

Ekubo's shielded swap capability was announced on March 10, 2026. The feature routes through a specialized intermediary called the ShieldedSwapRouter, which charges a 30 basis point fee for facilitating private swaps in addition to Ekubo's standard pool fees.