Zama Confidential RFQ Protocol Launches on Ethereum Mainnet with 100% Fee Burn

Zama deploys Confidential RFQ private beta on Ethereum, using sealed-bid auctions to hide trade details. All swap fees fund ZAMA token buybacks and burns.

Woofun AI reports that Zama has launched its Confidential RFQ protocol in private beta on the Ethereum mainnet, with a public release scheduled for September and multi-chain support to follow. Built on the ERC-7984 confidential token standard, the protocol employs sealed-bid auctions to enable professional market makers to fill encrypted transactions while concealing size, direction, and asset type. The mechanism allocates 100% of swap fees to buy back and burn ZAMA tokens, charging no front-end fees, addressing the need for institutions to avoid strategy exposure in large on-chain trades.