Privacy projectFhenix raised for a dedicated FHE rollup, then shelved it and pivoted to an off-chain coprocessor once the benchmarks came in. A mainnet promised for early 2025 was still a testnet in mid 2026. Encrypted operations run asynchronously, orders of magnitude slower than plaintext, with a threshold committee holding the keys.
Private by design.
See how confidential transactions work on the networks you already use.