Alea Research: Zama's confidential assets grew 3.7x in 16 weeks to $120M
- —Confidential assets reached ~$120M, a 3.7x increase over 16 weeks
- —Market share in confidential DeFi rose from under 20% to over 50%
- —Top three vaults hold $99M, or 82% of all confidential assets
- —Supporting an $814M FDV would require ~$25M in annual fees
Why it matters: The Nov. 3–8 incentive expiry will show whether confidential DeFi has genuine demand or is running on subsidies.
Source: TokenPost