Overview
- Helius flipped Privacy Rings live on mainnet on Tuesday, Nov. 10, 2026, enabling confidential transfers that hide asset types and amounts yet keep wallet addresses visible.
- Decrypt has integrated Privacy Rings into its Money Account so users can send USDT without exposing amounts, though privacy currently covers transfers and not swaps, Earn, or prediction market positions.
- Helius says core programs and zero-knowledge circuits were audited by Certora, OtterSec, and ZK Security, but formal verification remains incomplete with a target to finish by the end of 2026.
- Developers can access Privacy Rings through APIs and early partners include Decrypt, Ore, and Aurora Intents, and Custom Rings for enterprise-configured compliance and auditor access are under audit for a Q4 2026 release.
- Privacy Rings rely on zero-knowledge proofs and optional viewing keys to balance confidentiality and compliance, allowing users or approved providers to decrypt balances and enabling analytics firms like Chainalysis and Elliptic to screen for sanctioned wallets.