# Secret Network

> Secret Network: Confidential L1. Technology: trusted execution environments (TEEs).

Part of the Soda Labs Privacy Hub, a neutral directory of the on-chain privacy
landscape: https://www.sodalabs.xyz/privacy-hub

## Key facts

- Entry type: Privacy project
- Category: Confidential L1
- Technology: Trusted execution environment (TEE)
- Website: https://scrt.network
- Tags: TEE, L1, Cosmos
- Canonical page: https://www.sodalabs.xyz/privacy-hub/secret

## Overview

Secret has run encrypted smart contracts in production longer than anyone else, since 2020, and a good deal of what the industry knows about operating TEE-based privacy at real scale it learned here first. The network has also done that learning in the open: the 2022 consensus-seed research and a June 2026 bridge exploit that minted 4.7 million dollars are both publicly documented, the second with a post-mortem on Secret's own forum. It is now planning a move from Cosmos to Arbitrum, closer to where EVM liquidity and integrations already sit.

## About Trusted execution environment

Computation runs inside an isolated hardware enclave whose contents the host operating system cannot read, under a hardware-trust assumption. Compared side by side with the other approaches at https://www.sodalabs.xyz/taxonomy.

## Sources

- [Docs](https://docs.scrt.network)
- [SGX research archive](https://sgx.fail)
- [June 2026 bridge post-mortem](https://forum.scrt.network/t/security-incident-axelar-secret-ibc-bridge-exploit-june-10-2026/7995)

## Related entries

- [Oasis Sapphire](https://www.sodalabs.xyz/privacy-hub/oasis): Confidential EVM
- [Seismic](https://www.sodalabs.xyz/privacy-hub/seismic): Encrypted EVM L1 (pre-mainnet)
- [iExec](https://www.sodalabs.xyz/privacy-hub/iexec): Confidential compute network
- [Inco](https://www.sodalabs.xyz/privacy-hub/inco): Confidential token framework
- [Phala](https://www.sodalabs.xyz/privacy-hub/phala): Confidential compute network
- [Aleo](https://www.sodalabs.xyz/privacy-hub/aleo): Privacy L1
