Helius Launches Confidential Transfers on the Solana Network

On November 10, 2026, Helius launched Solana Privacy Rings on the Solana mainnet. This technology allows applications to conduct transfers with encrypted amounts and asset types without moving to a separate blockchain. Developers have access to integration tools via API, although the first version does not provide full anonymity.

What data does Solana Privacy Rings hide

In a standard protected pool, transfer amounts, token types, and balances are encrypted. Sender and recipient addresses remain public, so the connection between wallets is visible to observers. When the pool is topped up from a regular account, the source address, asset, and amount are revealed, and upon withdrawal, the destination address and corresponding data are disclosed. SOL, SPL tokens, and Token-2022 are supported.

Zero-knowledge proofs (ZK) are used to verify operations, allowing transactions to be confirmed without publishing protected information. Transfers are executed directly on Solana, and funds remain under the wallet owner's control.

Which applications are already using the technology

According to Helius, confidential transfers are already available in Decrypt and Ore services, while Aurora Intents supports asset transfers between networks into protected balances. Developers can also create applications for payments, token exchanges, and collateral placements using private accounts. However, the presence of the basic protocol does not mean that all listed financial functions are already launched.

Corporate version is still under audit

For companies, Custom Rings with customizable restrictions, auditor access, and the ability to hide participant addresses are being prepared. Helius plans to release it in Q4 2026, but the exact date has not been set. According to the developer, the main programs and cryptographic schemes have been reviewed by Certora, OtterSec, and ZK Security. Formal verification is ongoing, so audit results do not rule out errors in future integrations.