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      Ekubo Introduces Private Swaps for Shielded Tokens on Starknet

      Ekubo, a leading automated market maker (AMM) on Starknet, has launched a new feature allowing users to conduct private swaps of shielded tokens. This development enables traders to execute transactions without revealing their identity or wallet history, while still keeping the swap amounts visible on the blockchain. The feature utilizes Starknet's STRK20 privacy framework and operates through a specialized intermediary known as the ShieldedSwapRouter.

      The integration of private swaps is significant for Ekubo, which already manages approximately 60% of the total value locked in AMMs on Starknet. By enabling on-chain privacy, Ekubo expands the capabilities of decentralized exchanges (DEXs) that rely on concentrated liquidity. The process employs zero-knowledge proofs and Merkle proofs to validate user funds and trading authorization without disclosing user identities. Although the identity of the trader remains confidential, the amounts and price impacts of the swaps are still visible on-chain.

      Ekubo announced the private swap feature on March 10, 2026, with implementation following in the subsequent months. The first application highlighted was strkBTC, a shielded version of Bitcoin on Starknet, which can now be swapped privately within Ekubo's liquidity pools. This design choice allows for the coexistence of private and public swaps in the same liquidity pools, preventing the fragmentation of liquidity that has hindered previous privacy efforts in decentralized finance (DeFi).

      The new feature does not alter Ekubo's core architecture or its fee structure for public swaps. Instead, it introduces a new code path through the ShieldedSwapRouter, ensuring that private traders can benefit from the same liquidity depth and price discovery as public trades, without leaving an identity footprint. Traders must hold shielded tokens like strkBTC in a compatible balance to utilize the private swap functionality.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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