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REFHE
Threshold-FHE
Solana native
Confidential compute
FHE-TLS
Fast
Decentralized
Composable
Coordinated by Ika

Why confidentiality matters


Blockchains sacrificed speed and privacy for decentralization and trustlessness. Solana solved speed. Encrypt is solving privacy.

standby
STREAM 01
IDLE

Public execution leaks strategy

Every transaction reveals intent before and after settlement. Strategies, routing logic, and timing become public information.

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STREAM 02
IDLE

Public state leaks user data

Globally readable state turns balances, positions, behavior, and application context into open data.

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STREAM 03
IDLE

Institutional users demands privacy

Institutions want to adopt public blockchains for their neutrality and composability, but cannot have their entire activity made public.

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3 / 3 data vectors exposedconfidentiality: none

Now Solana can keep secrets.

With Encrypt, fast, decentralized and composable Solana programs can also be confidential.

00

Encrypted data

Any Solana account can have its data fully encrypted.

00

Encrypted shared state

Any application, including DeFi, can become fully private.

00

Confidential execution

Application logic runs directly on encrypted data.

00

Threshold decryption

Data is decrypted only when application requires.

Fully Homomorphic Encryption

Programmable privacy for any application

With Fully Homomorphic Encryption (FHE) programs can use encrypted data without decrypting it.

When a decryption is required by the application, a decentralized threshold network of decryptors collaborate to decrypt only the required data.

FHE EXECUTIONFHE DECRYPTIONENCRYPTIONFHE OPERATIONSTHRESHOLD DEC.REENCRYPTIONPLAINTEXTInput DataCIPHERTEXTEncrypted StateCIPHERTEXTComputed StatePLAINTEXTDecryptedCIPHERTEXTRe-encrypted

Trading

Dark pool

Hide the entire order book even after execution is complete.

Private Raydium
Lending

Confidential money market

Positions and strategies are kept private.

Private Kamino
Institutional

Confidential vaults

Executing strategies with composable encrypted programs.

Private vault
Agents

Agentic finance

Agents that execute strategies privately 24/7.

Autonomous portfolio
APIs

FHE-TLS applications

Confidential and verifiable read/write APIs calls from a Solana program.

Price feed w/o oracles
Consumer

Consumer financial app

Savings and investments without compromising user privacy.

Personal finance

The Encrypt Network

Encrypt provides FHE capabilities to Solana programs with Customizable and flexible FHE clusters. The Encrypt FHE cluster is the main hub providing composability, enabling users to exit back from custom FHE clusters set up by applications, with FHE key switching.

ExecutorsDecryptorsIkaFHE clusters
SOLANA PROGRAMAccount A (Encrypted)Account B (Encrypted)Account C (Public)IKAEXECUTORSDECRYPTORS
01

Executors

Powerful machines performing fast FHE computations at scale for Solana programs with encrypted data.

02

Decryptors

MPC nodes participating in a threshold decryption protocol, with a 2/3 majority required to decrypt.

03

Ika

Decentralized threshold signature network, coordinating between Solana, the executors and the decryptors.

How Encrypt works with Solana

Encrypted logic flows through the confidential path, then settles publicly on Solana.

Public
Confidential
0

Public state

Solana's state and data in accounts is public by default.

1

Encrypt

Data in Solana accounts is encrypted to an FHE cluster public key.

2

Program logic

The Solana program runs and requires encrypted data to be updated.

3

FHE execution

Executors evaluate encrypted data homomorphically without decryption.

STATE UPDATE
4

Threshold decryption

Decryptors reveal the required data, and can re-encrypt it to a specific user.

5

Public state

After decryption, data is publicly visible on Solana state.

Confidential apps on Solana.

Use encrypted data in any application. With Encrypt, privacy doesn't require sacrificing functionality, speed, decentralization or composability.

  • Confidential shared state
  • Fast
  • Decentralized
  • Composable
Solana nativeREFHE protocolThreshold FHEFHE clusters

Research & proof

Built on published research, not marketing claims.

Coming soon

Benchmarks

Our FHE research achieved orders of magnitude improvements over previous state-of-the-art. Benchmarks will be published prior to mainnet launch.

Coming soon

Encrypt whitepaper

Encrypt is an FHE framework for confidential Solana programs, designed to be fast, decentralized and composable. Whitepaper will be published prior to mainnet launch.

Coming soon

Developer docs

Primitives, integration guides, and API reference for building confidential Solana programs, and launching custom FHE clusters. Devnet launch early Q2.

Build the first Solana apps that can keep a secret.

Encrypt gives programs confidential execution without giving up public settlement.

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