Zama
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About Zama
Analysis of 28 Jul 2026Zama provides a live confidentiality layer for public blockchains using Fully Homomorphic Encryption, which allows computation on encrypted values. Its May 2026 protocol update introduced a beta TypeScript and React SDK, delegated decryption, and official ERC-7984 wrappers for seven assets including USDC, USDT, WETH, and ZAMA.
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On July 23, Zama opened a confidential request-for-quote venue in private beta on Ethereum, with a public launch planned for September 2026. Four days later, the team reported 1,040 confidential ERC-7984 transfers per second on an eight-H100 GPU node, a compute benchmark rather than end-to-end chain settlement.
ZAMA pays for protocol encryption and decryption, rewards operators and stakers, and burns protocol fees.