Zama Expands Confidential DeFi with 16 Morpho Vaults, Addressing Institutional Concerns

Zama has expanded its confidential decentralised finance (DeFi) offering by launching 16 Morpho vaults, available through five curators. The new vaults provide users with access to existing yield strategies while concealing holdings and transaction intent.

The launch follows the success of Zama's earlier collaboration with Morpho and Steakhouse, which saw a total value locked (TVL) of $40 million in just seven weeks. The new vaults cover various asset classes, including USDC, USDT, AUSD, and tGBP.

Dr Rand Hindi, Co-founder and Chief Executive Officer of Zama, stated that the rollout is proof of the model's scalability, with 16 vaults, five curators, and five asset classes all built on the same DeFi infrastructure used by sophisticated capital. He emphasized that confidentiality and DeFi are not mutually exclusive.

The expansion addresses a long-standing concern for institutional users of public blockchains: wallet balances, trading activity, and portfolio strategies are often visible onchain. This transparency has made some treasuries, allocators, and active trading firms wary of deploying larger pools of capital through decentralised protocols.