Zama Expands Morpho Vaults to 16, Unveils Confidential Swap Protocol on Ethereum

Zama, a confidential finance platform on Ethereum, has expanded its Morpho vaults to 16, allowing users to deposit assets such as USDC, USDT, AUSD, and TGBP. This move follows the success of Zama's first vault, which reached $40 million in total value locked (TVL) in just seven weeks.

The new vaults will provide confidential access to existing Morpho strategies, with some curated by Steakhouse, Armitage by Wintermute, Flowdesk, RockawayX, and Bitwise. This allows users to participate in on-chain yield without exposing their positions and strategies publicly.

Additionally, Zama is launching the Zama Swap Protocol, enabling confidential swaps directly on Ethereum. This will allow users to exchange assets without revealing transaction sizes or intentions.