Solana infrastructure firm Helius launched Solana Privacy Rings on Solana’s mainnet on November 10, 2026. The live default Ring encrypts the asset and amount of a transfer, but sender and recipient addresses remain public. Deposits from public wallets and withdrawals back to them are also visible, including the asset and amount.
Custom Rings, which can also hide addresses and add compliance controls, are still in audit and are expected on mainnet in the coming weeks, according to the Solana Foundation. Solana’s documentation describes Rings as beta, and formal verification is still underway. Decrypt disclosed that it has partnered with Helius to offer confidential transfers using Rings.
