Zama: launches confidential RFQ beta - 23 Jul 2026

Zama said its onchain RFQ swap protocol is now live in private beta on Ethereum, with confidential handling of trade size and direction, according to the Zama announcement on X.The release gives Zama a live institutional trading use case on Ethereum rather than a purely technical privacy feature. Private quote-based swaps can reduce information leakage around order size and direction, which can matter for larger traders that want execution without exposing intent before a trade is completed.The reported design also links protocol activity to ZAMA through swap-fee-funded buybacks and burns, creating a direct token-economic connection if usage develops. A specific limitation is that the product is in private beta, so availability is still restricted and any effect depends on whether targeted participants actually use the venue.🔥