Zama Expands Confidential DeFi Offering on Ethereum with 16 New Vaults
Zama has expanded its confidential DeFi offering on Ethereum with 16 new vaults and a private-beta swap protocol. The expansion follows the June launch of the Steakhouse Confidential USDC Prime vault, which surpassed $40 million in deposits within seven weeks.
The 16 new vaults are available via the Zama App and cover four assets: USDC, USDT, TGBP, and AUSD. Twelve of these vaults are hybrid structures that mirror existing Morpho strategies, while four are confidential-only deployments with no public equivalent.
The Confidential Swap Protocol, live in private beta since July 23, uses encrypted request-for-quote mechanics so whitelisted market makers can fill orders without seeing trade size, direction or price limits. All swap fees fund ZAMA buybacks and burns.