zama

According to The Block, the stablecoin payment startup Raycash, spun off from the privacy protocol Zama, has launched on the Ethereum mainnet and is currently in the private testing phase. Raycash stated that over 75,000 people had joined the waiting list before the launch, and access will be opened in batches during the private testing period, followed by a full launch.Raycash is built on the Zama protocol and employs fully homomorphic encryption technology to encrypt on-chain balances and transaction amounts. Users can wrap stablecoins 1:1 into tokens under the ERC-7984 confidential token standard for payments and receipts, and earn yields through Morpho, with amounts and balances kept private; the underlying stablecoins can be retrieved through permissionless unwrapping. Initially, the application supports USDC and allows for bank transfers, credit card or stablecoin deposits, and withdrawals to bank accounts, with Ethereum Gas fees handled by the platform in the background, so users do not need to hold ETH.Raycash stated that its wallet is a self-custodial wallet, and confidential tokens do not have freezing or confiscation capabilities at the token level, allowing users to grant viewing permissions to specific parties such as accounting and auditing institutions. Additionally, the Raycard for privacy consumption is under development.

According to token unlocking data from the crypto asset data platform RootData, Zama (ZAMA) will unlock approximately 27,958,000 tokens at 0:00 Beijing time on November 2, worth about 19.15 million USD.

On October 19, the team from the fully homomorphic encryption company Zama announced that users participating in the incentive distribution platform Merkl on the Zama confidential vault can now directly receive cZAMA rewards in the Zama app. The rewards are settled through confidential transfers, and both the positions and the reward amounts remain confidential from deposit to distribution.In September 2026, Zama launched confidential access to 16 selected vaults on the lending protocol Morpho and initiated the first batch of confidential incentives with Merkl, where rewards are calculated based on encrypted balances. When depositing into eligible vaults, users can activate additional incentive options, granting viewing permissions for Merkl to read encrypted balances to calculate rewards without disclosing personal positions. This permission is enabled by default on the deposit interface, and deposits not shared with Merkl do not qualify for incentives.Confidential vaults accumulate based on the user's confidential vault shares and can be claimed during the ongoing activity; existing public vaults with confidential access have rewards collectively obtained by the vault packaging contracts, which are distributed after the activity ends. Zama recommends claiming confidential activities at the end to reduce multiple on-chain fees. Taking the Flowdesk Confidential High Yield USDT vault on Morpho as an example, the related activity ended on October 12, and eligible depositors can now claim their rewards. Users need to check their earnings in Merkl using their wallet and complete the claim in the Zama app by connecting the same wallet; the amount received will not be publicly disclosed on-chain.

According to Onchain Lens monitoring, Arthur Hayes purchased approximately 888,000 dollars worth of tokens through FalconX and Flowdesk, including 546,600 AERO, valued at 459,800 dollars; 120,000 PENDLE, valued at 231,600 dollars; and 3,000,000 ZAMA, valued at 196,700 dollars.

X user Irene Patrikios (@crypto_irene) announced that she has been appointed as the Chief Business Officer of the fully homomorphic encryption company Zama. She stated that she has been working in the cryptocurrency industry for nearly 12 years and believes that blockchain requires institutions, enterprises, and individuals to publicly operate financial activities, a gap that has long existed and is difficult to support large-scale funds on-chain. She joined the company in November 2025, before the launch of the Zama mainnet, and stated that confidentiality is the infrastructure that enables institutions holding global capital to truly go on-chain, and Zama is providing this capability.Irene Patrikios also mentioned that over the past year, Zama's business team has reached collaborations with several major participants to launch confidential DeFi and establish a business pipeline. Zama's CEO Rand Hindi and the board are increasing support for the next phase of the team's development. She expressed her gratitude to Rand Hindi, the board, and the Zama team.

According to token unlocking data from the crypto asset data platform RootData, Zama (ZAMA) will unlock approximately 27.958 million tokens at 0:00 Beijing time on October 2, valued at around 24.7 million USD.

Tether posted on platform X that USDT has been launched on the privacy protocol Zama.

According to The Block, the on-chain confidentiality protocol Zama will open deposits for 16 confidential vaults on Morpho, covering assets such as USDC, USDT, AUSD, and TGBP. Its first vault went live in June in collaboration with Morpho and Steakhouse Financial, using Steakhouse's USDC Prime strategy, with total locked assets increasing from zero to $40 million within seven weeks. Steakhouse will manage part of the vaults, while Armitage by Wintermute, Flowdesk, RockawayX, and Bitwise will also serve as managers.Users can confidentially access 12 existing non-confidential versions of Morpho vaults on Ethereum, with an additional 4 created specifically for confidential deposits. Zama also launched the Zama Swap Protocol, allowing depositors to confidentially exchange cUSDC, cUSDT, cAUSD, and cTGBP as well as confidential vault shares on Ethereum, without disclosing transaction size or intent. Zama stated that positions, balances, and strategies on public blockchains are visible to competitors and frontrunners, posing a structural barrier to large-scale deployment by institutions. The vaults will first go live through Zama's own application, with Utila, Zerion Wallet, and Yield.xyz set to integrate in the coming weeks.

The DAO governance platform Aragon announced the launch of Confidential Voting, a governance plugin based on the Zama Protocol for Aragon OSx. This plugin keeps individual votes encrypted during the counting process while retaining the familiar Aragon voting experience. Zama's programmable confidentiality allows projects to define decryptable information, decryptors, and conditions.Voters select for, against, or abstain through the Aragon interface, choosing to encrypt and submit using the Zama Relayer SDK on the client side. The plugin utilizes fully homomorphic encryption for verification, weighting, and accumulating encrypted votes, only performing threshold decryption on the final counts of for, against, and abstain after the voting ends. The plugin does not grant decryption rights to individual ballots.To maintain confidentiality during voting, the system does not provide real-time counting, does not support early execution, and allows voters to change their encrypted votes before the deadline. The plugin adopts a modular architecture, allowing it to be used in parallel with other governance primitives, and actions related to proposals are executed by the DAO after approval.

According to the token unlock data from the crypto asset data platform RootData, Zama (ZAMA) will unlock approximately 27,958,000 tokens at 0:00 on September 2nd, Beijing time, worth about 14.8 million USD.

According to Binance spot data, the market has experienced significant fluctuations. HOME has dropped by 15.27% in the last 24 hours, while GUN has risen by 12.5%, reaching a new high for today.At the same time, ZAMA has hit a new low for today, with a decline of 7.16%. WLFI has reached a new high for this week, with an increase of 8.65%. Additionally, SCRT, PYR, and BICO are all in a "bottoming rebound" state, with increases of 5.18%, 8.16%, and 5.52%, respectively.Among the other tokens, FTT and PIVX have shown a "5-minute slight drop" and "high rebound" state, with declines of 3.24% and 9.65%.

Fully Homomorphic Encryption (FHE) company Zama CEO Rand Hindi stated on X on Monday that the company has achieved benchmark results of 1,000 confidential transactions per second on GPUs, an increase of about 5,000 times compared to the 0.2 transactions per second demonstrated at ETHcc in 2022. Hindi mentioned that the cost of running an FHE node is approximately $0.000004 per ERC7984 transaction, significantly lower than zero-knowledge proofs, but this comparison has not been independently verified. The benchmark has not yet been activated on any mainnet, is self-reported data from the company, and the testing methods have not been published, with plans to go live by the end of the year.Hindi also set long-term goals: 10,000 tps by 2028 and 100,000 tps by 2030. Zama has been active recently: on July 24, a confidential RFQ exchange product was launched, which within weeks shielded over $121 million USDT on Ethereum, collaborated with Elliptic to enhance compliance screening for confidential transactions, and co-founded the Confidential Token Association with OpenZeppelin and Inco to standardize encrypted ERC-20 tokens. Zama previously completed a $57 million Series B funding round.

According to token unlocking data from the Crypto asset data platform RootData, Zama (ZAMA) will unlock approximately 27.958 million tokens at 0:00 Beijing time on August 2, worth about 15.11 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Zama (ZAMA) will unlock approximately 27.958 million tokens at 0:00 Beijing time on July 2, with a value of about 8.69 million USD.

OKX will launch the ZAMA (Zama) Flash Earn Lite event on June 23 at 15:00. Users can participate by subscribing to OKB, ETH, or ZAMA to share a reward of 6,250,000 ZAMA. The event runs from June 23 at 15:00 to June 27 at 15:00 (UTC+8), and users must complete identity verification to participate.

According to The Block, cryptographic technology company Zama, DeFi lending protocol Morpho, and Steakhouse Financial announced a joint launch of the Steakhouse Confidential USDC Prime vault.It is reported that this is the first DeFi yield product for privacy stablecoins on Ethereum. This product allows users to directly deposit privacy token cUSDC, which has been fully homomorphically encrypted (FHE) by Zama, into the Morpho vault to earn yields.

Privacy Agreement Zama founder Rand posted on platform X that the freezing measures against the cUSDC contract under Zama have been lifted, and all systems have returned to normal operation.According to his introduction, a U.S. court previously ordered Circle to temporarily freeze a contract worth $12.5 million in USDC held by Zama without prior notice. The court has now determined that the freezing measure was unreasonable and has lifted the temporary restraining order (TRO), and the related cUSDC contracts and assets have been fully restored. Rand stated that this incident did not affect the team's trust in USDC, and Zama still plans to launch the cUSDC product later this month.