Zama announced an expansion of confidential onchain yield with Morpho and five DeFi curators: Steakhouse Financial, Armitage by Wintermute, Flowdesk, RockawayX and Bitwise. The launch adds 16 vaults across USDC, USDT, WBTC, AUSD and TGBP, while the Zama Swap Protocol enables confidential swaps between vault positions and cUSDC, cUSDT, cWBTC, cAUSD and cTGBP on Ethereum. Confidentiality uses Fully Homomorphic Encryption (computation on encrypted data) to conceal balances, positions, strategies, trade intent and transaction size on public blockchains. The product builds on a confidential Steakhouse USDC Prime vault launched with Morpho in June 2026 that grew from zero to $40 million in total value locked (TVL) within seven weeks. Twelve Hybrid vaults provide confidential entry to existing curated products, while four Exclusive vaults are confidential-only and have no public equivalent, including Wintermute Confidential WBTC – armcWBTC. All 16 vaults are deployed on Morpho and available through the Zama App, with Utila, Zerion Wallet and Yield.xyz integrations planned to roll out in the weeks following launch. The vaults officially opened for deposits on September 15, 2026. Zama said the expansion establishes an operational blueprint for additional curators, asset classes, distribution channels and institutional custody integrations in 2026 and 2027.