Encrypt is coming to Solana. Fully homomorphic encryption for the Solana Virtual Machine. Applications that compute on encrypted data without ever decrypting it. Encrypted Capital Markets.

2/ Every order on a public blockchain is visible before execution. Every position is exposed to the entire market. Every strategy can be front-run. This is not a bug in one protocol. It is a structural property of transparent blockchains. Finance does not work this way. DeFi should not either.

3/ FHE lets a Solana program take encrypted inputs, run logic on them, and produce encrypted outputs. At no point during execution is the data visible. Not to validators. Not to MEV searchers. Not to anyone.

4/ Why not ZK? ZK proves something happened. It does not hide shared state. Why not TEEs? They trust hardware manufacturers and operators. Why not generic MPC? It trades composability and decentralization for performance. FHE is the only approach that enables arbitrary computation on encrypted shared state, with speed, decentralization and composability. For financial markets, that is the right primitive.

5/ What becomes possible on Solana: Orderbooks where orders stay encrypted until matching. Auctions where bids stay sealed until resolution. Lending markets where positions stay private. Prediction markets where no one can signal or herd. All composable. All on Solana.

6/ For users: your financial behavior no longer has to be permanently, publicly visible. For developers: entire application categories that were impossible are now buildable. For institutions: the biggest barrier to onchain adoption just disappeared.

7/ Encrypt is built by the team behind @ikadotxyz. It's based on their state-of-the-art FHE research including REFHE and novel Threshold FHE Fast, decentralized and composable privacy will finally be possible, and it will be on Solana. Encrypted Capital Markets

Groundbreaking tech 🦑

Making me bullish these days @ikadotxyz

Solana is home

Encrypted capital markets 🔥🦑

@matteodotsui @0xWara, don't misread.. it says homomorphic. You're still welcomed here 🫂

Bullish on @ikadotxyz

Mm,FHE is powerful for shared state, but 1000x SLOWER than plaintext. $NIGHT ZK + sidechain architecture keeps $SOL fast while adding SELECTIVE PRIVACY, no validator bloat, no hardware requirements. For most DeFi use cases, you don't need arbitrary computation on encrypted state!

You’re right, this is a major step. Computing on encrypted data changes how capital and privacy can coexist on-chain. That’s the kind of infrastructure shift that defines the next phase.

FHE on Solana finally solves DeFi's structural problem: full order and position transparency, which makes front-running and MEV inevitable. Thanks to fully homomorphic encryption, we achieve true private capital markets while maintaining composability and decentralization, opening the door to institutional capital without the need to trust hardware or sacrifice speed. This isn't just an improvement—it's a paradigm shift.

Solana cooking again privacy meta gonna send so hard

FHE on Solana is the missing piece for institutional DeFi. Encrypted computation adds a whole new security surface to audit and fuzz test.

@solana Atleast it’ll make things more secure

Take a look at @ValeoProtocol they shipping

extremely cool

Big moment for the space. FHE on Solana is no longer a thesis. We're building parallel infrastructure — AFHE is a Solana-native encrypted coprocessor launching tomorrow, purpose-built for real-time compute at chain speed. The more builders shipping FHE primitives, the faster the whole ecosystem moves. 🙌

encrypted capital markets

Can we talk in DMs? @encrypt_xyz

@solana Get encrypted!!

Looks professionally handled, nice work 💼

🦑

very well *🤏

Great thread and excited to see this in action for SOL All in on cross chain

Amazing! 🤯🦑🔥

@solana you guys cooked w the video too🔥

it’s already deployed 👁️ #OGMOMO

Welcome Encrypt!

Encrypt me plzzzzz 🔥

@isthatreallyme1

Double the pleasure, double the fun.

For a split second I misread. Goes to show how social media has cooked our brains. Thankyou for the detail explanation. Solana is fire!

You had me at homomorphic.

this looks good