Zama expands confidential Morpho vaults and launches a private swap protocol on Ethereum

TechFlow reports that on September 15, according to The Block, on-chain confidentiality protocol Zama will open deposits for 16 Morpho stealth vaults on September 15, supporting assets such as USDC, USDT, AUSD, and TGBP. Previously, the inaugural vault launched in collaboration between Zama, Morpho, and Steakhouse Financial reached a total locked value of $40 million within seven weeks.

Among the newly launched vaults, 12 are privacy-enabled versions of existing Morpho Ethereum vaults, while the other four are products specifically designed for confidential deposits. Steakhouse Financial, Armitage by Wintermute, Flowdesk, RockawayX, and Bitwise will serve as vault curators.

Simultaneously, Zama has launched the Zama Swap Protocol, which allows users to conduct private swaps between cUSDC, cUSDT, cAUSD, cTGBP, and stealth vault shares on Ethereum, without publicly disclosing trading volumes or intents. The vaults will initially go live via the Zama app, with Utila, the Zerion wallet, and Yield.xyz expected to integrate in the coming weeks.