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Zama opens a confidential RFQ swap venue on Ethereum in private beta, hiding trade size, asset and direction
Zama launched an on-chain swap venue where traders send encrypted requests and whitelisted market makers quote blind in a sealed-bid auction. On-chain, observers see only a two-way transfer of hidden amounts, so they cannot tell a buy from a sell.
- First pairs: cUSDT/cUSDC, cZAMA/cUSDC and csteakUSDC/cUSDC.
- Aimed at funds, foundations and trading desks moving large orders.
- Public launch planned for September, more chains later.