Share this article
Secret Network Launches Bridge to Bring Transactional Privacy to Ethereum
The bridge will also give users access to Secret DeFi, privacy-preserving decentralized finance apps built on the Secret Network.
Updated Sep 14, 2021, 10:43 a.m. Published Dec 15, 2020, 2:55 p.m.
Make us preferred on Google
The Secret Network, a privacy-focused blockchain, has launched its Ethereum bridge, which lets assets be transferred between Ethereum and the Secret Network privately. A bridge essentially offers interoperability between the protocols.
STORY CONTINUES BELOW
The Secret bridge, initially announced in December, will make privacy cheaper and more practical for Ethereum and Ethereum-based assets.
According to the blog post announcement, “it allows users to create synthetic (wrapped) ETH and ERC-20 tokens on Secret Network that can be used with full privacy, at lower cost.”
Users will need Metamask or a Keplr Wallet to interact with the bridge.
Read more: Community Behind Privacy-Focused Smart Contract Forges Ahead After Settlement
Tor Bair, the Secret Foundation’s executive director and chairman, said the biggest immediate benefit for users when it comes to this recent move is that they can gain transaction privacy. Users can turn Ethereum-based assets into Secret Tokens, which are “programmable like ERC-20s but privacy preserving like zcash or monero,” according to Bair.
Bair said the cost for ETH or ERC-20 holders using the Secret Network would be lower than using other privacy-preserving alternatives like TornadoCash, a tool for obfuscating the history of ether transactions.
Tornado Cash uses zero-knowledge proofs (ZKP), a cryptographic tool that proves a transaction occurred without revealing the information within the payment itself.
Secret smart contracts
The Secret Network’s key offering is the secret contract, a type of smart contract that allows private data to be used in decentralized applications without revealing the raw data. The inputs, outputs and network state are encrypted in a secret contract, which means the data is hidden even on a public blockchain. It is also invisible to the nodes executing the contract.
Read more: Secret Network’s Privacy-Focused Smart Contracts Move a Step Closer to Going Live
“In addition, you’ll be able to access upcoming decentralized finance [DeFi]applications on Secret Network, such as a front-running resistant AMM [automated market maker],” said Bair. “After launch we also plan to introduce 'bridge mining' rewards, where users of the Secret Ethereum Bridge can earn Secret Tokens for providing bridge liquidity. These rewards are available for both ETH and ERC-20s.”
The bridge will also give users access to Secret DeFi, privacy-preserving decentralized finance apps built on the Secret Network. For example, OCEAN and Secret have partnered to provide “trustless and convenient access control for Ocean datatokens as well as decentralized private compute via Secret Network.”
The full list of ERC-20 assets that are currently supported are BAND, AAVE, SNX, MKR, LINK, OCEAN, TUSD, YFI, UNI, KNC, COMP and DAI.
“Our community will be continuing to launch Secret DeFi applications that utilize Secret Tokens, especially our upcoming Secret AMM,” said Bair.
“We will also be exploring bridges and support for additional assets and ecosystems, including other Tendermint chains such as Cosmos. As a result, our AMM will feature cross-chain functionality and front-running resistance, and it will also allow you to trade Secret Tokens that are native to Secret Network.”
Di più per voi
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Cosa sapere:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
Di più per voi
Ethereum Foundation makes post quantum security a top priority as new team forms
EF researcher Justin Drake says a new post-quantum team will drive wallet safety upgrades, research prizes and test networks as quantum timelines shorten.
Cosa sapere:
- The Ethereum Foundation has elevated post-quantum security to a top strategic priority, forming a dedicated Post Quantum team led by Thomas Coratger with support from leanVM cryptographer Emile.
- Researcher Justin Drake said Ethereum is shifting from background research to active engineering, including biweekly developer sessions on post-quantum transactions and multi-client post-quantum consensus test networks.
- The foundation is backing new cryptography with funding and outreach, launching two $1 million prizes, planning post-quantum community events and education, and stressing that blockchains must prepare early for quantum threats despite their long-term nature.
Top Stories
