Zama and Morpho Launch a Confidential Yield Vault

Rickler Feed (@rickler_feed), Jun 17, 2026, 10:50 UTC

Zama and Morpho Launch a Confidential Yield Vault Zama, Morpho and Steakhouse have gone live with the first 'confidential DeFi yield' vault on Ethereum — using Zama's fully homomorphic encryption to keep depositor balances and positions private while earning onchain yield. It is a milestone for confidential DeFi: users earn lending yield without exposing their holdings onchain. Zama supplies the FHE encryption layer, Morpho the lending infrastructure, and Steakhouse Financial curates the vault's strategy and risk. 👉 theblock.co/post/404992 ​

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