[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Astro Myth 🚏 [@thatweb3myth](/creator/twitter/thatweb3myth) on x XXX followers Created: 2025-07-18 16:46:17 UTC Confidential SPL Token: A New Standard for Privacy on Solana What Are SPL Tokens? SPL tokens are Solana’s native token standard(similar to Ethereum’s ERC-20) that enables the creation, transfer, and management of fungible and non-fungible assets on-chain. They form the backbone of Solana’s DeFi ecosystem, powering everything from payments and trading to lending and gaming. Why SPL Tokens Matter SPL tokens provide a unified interface and fast, low-cost transactions. This consistency has allowed developers to build scalable applications without needing to constantly reinvent basic asset management functionality. However, one key piece has long been missing: privacy. The Need for Confidentiality In public blockchains like Solana, all token balances and transactions are visible by default. For institutional players and privacy-focused applications, this transparency becomes a blocker. Existing efforts like Token-2022 and the Confidential Transfer Extension attempted to address this, but they introduced friction, limited usability, and often failed to support core DeFi functionality. The Confidential SPL Token is a next-generation privacy standard currently in active development. It merges the best of Solana’s existing token standards with Arcium’s encrypted, MPC-powered computing. The result is a unified, developer-friendly framework for building private, programmable financial applications directly on Solana. On July 1st, Arcium announced the development of Confidential SPL Tokens through its founder Yanik Schrade. While still in development, this effort marks a major step toward enabling native confidentiality across Solana. More technical details and updates will be shared in the lead-up to mainnet launch. What Makes Confidential SPL Token Different? • Confidential by Default Encrypts token balances, amounts, and metadata, enabling fully private transfers without changing the familiar developer interface. • On-Chain Programmatic Access Fixes a major limitation of Token-2022, which restricted confidential transfers to user-controlled wallets. Confidential SPL Token allows smart contracts to own and manage private balances thereby unlocking confidential DeFi, trading, and stablecoins. • Improved UX for Transfers Senders can now create c onfidential token accounts for recipients, removing the friction of pre-setup and simplifying confidential payments. • Canonical Confidential Mints Any existing SPL token can be wrapped into a confidential version, maintaining seamless compatibility without disrupting user experience. • Simplified Developer Experience A unified abstraction layer removes the need to juggle multiple token standards. Developers interact with one consistent interface that handles confidentiality behind the scenes. How It Works: Under the Hood The Confidential SPL Token leverages a layered protocol architecture: Base Standards: SPL Token and Token-2022 provide compatibility and foundational functionality. Adapters & Extensions: Confidential Transfer Adapter and Auditor Adapter allow smart contract-level privacy and programmable compliance. New Programs: The Encrypted SPL Token and Confidential ATA Program (by Arcium) enable scalable, confidential token creation and management using secure MPC. Why It Matters Confidential SPL Token brings institutional-grade privacy to the Solana ecosystem. From confidential stablecoins to private DeFi protocols and enterprise payments, this standard finally makes it possible to build applications where privacy is built-in, not bolted on. What is Next for SPL Tokens? The Confidential SPL Token is in active development, with early access being rolled out to select partners. If your team is looking to build with confidential assets or has struggled with previous privacy implementations on Solana, reach out on Arcium’s discord Privacy is no longer a feature. It’s a standard. ALL PRAISE THE SACRED PARASOL ☂️ 🙏🏾  XXX engagements  **Related Topics** [gaming](/topic/gaming) [lending](/topic/lending) [onchain](/topic/onchain) [coins privacy](/topic/coins-privacy) [token](/topic/token) [astro](/topic/astro) [solana](/topic/solana) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/thatweb3myth/status/1946250180162146698)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Astro Myth 🚏 @thatweb3myth on x XXX followers
Created: 2025-07-18 16:46:17 UTC
Confidential SPL Token: A New Standard for Privacy on Solana
What Are SPL Tokens?
SPL tokens are Solana’s native token standard(similar to Ethereum’s ERC-20) that enables the creation, transfer, and management of fungible and non-fungible assets on-chain. They form the backbone of Solana’s DeFi ecosystem, powering everything from payments and trading to lending and gaming.
Why SPL Tokens Matter
SPL tokens provide a unified interface and fast, low-cost transactions. This consistency has allowed developers to build scalable applications without needing to constantly reinvent basic asset management functionality. However, one key piece has long been missing: privacy.
The Need for Confidentiality
In public blockchains like Solana, all token balances and transactions are visible by default. For institutional players and privacy-focused applications, this transparency becomes a blocker. Existing efforts like Token-2022 and the Confidential Transfer Extension attempted to address this, but they introduced friction, limited usability, and often failed to support core DeFi functionality.
The Confidential SPL Token is a next-generation privacy standard currently in active development. It merges the best of Solana’s existing token standards with Arcium’s encrypted, MPC-powered computing. The result is a unified, developer-friendly framework for building private, programmable financial applications directly on Solana.
On July 1st, Arcium announced the development of Confidential SPL Tokens through its founder Yanik Schrade. While still in development, this effort marks a major step toward enabling native confidentiality across Solana. More technical details and updates will be shared in the lead-up to mainnet launch.
What Makes Confidential SPL Token Different?
• Confidential by Default
Encrypts token balances, amounts, and metadata, enabling fully private transfers without changing the familiar developer interface.
• On-Chain Programmatic Access
Fixes a major limitation of Token-2022, which restricted confidential transfers to user-controlled wallets. Confidential SPL Token allows smart contracts to own and manage private balances thereby unlocking confidential DeFi, trading, and stablecoins.
• Improved UX for Transfers
Senders can now create c onfidential token accounts for recipients, removing the friction of pre-setup and simplifying confidential payments.
• Canonical Confidential Mints
Any existing SPL token can be wrapped into a confidential version, maintaining seamless compatibility without disrupting user experience.
• Simplified Developer Experience
A unified abstraction layer removes the need to juggle multiple token standards. Developers interact with one consistent interface that handles confidentiality behind the scenes.
How It Works: Under the Hood
The Confidential SPL Token leverages a layered protocol architecture:
Base Standards: SPL Token and Token-2022 provide compatibility and foundational functionality.
Adapters & Extensions: Confidential Transfer Adapter and Auditor Adapter allow smart contract-level privacy and programmable compliance.
New Programs: The Encrypted SPL Token and Confidential ATA Program (by Arcium) enable scalable, confidential token creation and management using secure MPC.
Why It Matters
Confidential SPL Token brings institutional-grade privacy to the Solana ecosystem. From confidential stablecoins to private DeFi protocols and enterprise payments, this standard finally makes it possible to build applications where privacy is built-in, not bolted on.
What is Next for SPL Tokens?
The Confidential SPL Token is in active development, with early access being rolled out to select partners. If your team is looking to build with confidential assets or has struggled with previous privacy implementations on Solana, reach out on Arcium’s discord
Privacy is no longer a feature. It’s a standard.
ALL PRAISE THE SACRED PARASOL ☂️ 🙏🏾
XXX engagements
Related Topics gaming lending onchain coins privacy token astro solana coins layer 1