Zama Launches Four Confidential Vaults and Private Swaps on Ethereum

Zama has expanded confidential access to 12 Morpho vaults built on Ethereum, introducing four dedicated confidential vaults and launching private swaps. The Block reported on May 15 that Zama added confidential features to existing Morpho vaults while also unveiling separate confidential products.

Morpho stated that over $40 million (approximately 539 billion KRW) has been deposited in Zama's first confidential vault. According to Zama's official website, private swaps operate on Ethereum in a private beta mode, executing trades with encrypted transaction size, direction, and price limits.

Morpho explained that Zama's confidential USDC vault does not disclose individual user deposit amounts.