Zama has opened deposits for 16 confidential Morpho vaults on Ethereum covering USDC, USDT, AUSD, and TGBP. Twelve vaults already have non-confidential versions on Morpho, while four were created specifically for confidential deposits. Steakhouse Financial will manage some vaults, alongside Armitage by Wintermute, Flowdesk, RockawayX, and Bitwise. Zama’s first vault, launched with Morpho and Steakhouse in June, grew from zero to $40 million in total value locked within seven weeks. Zama also launched the Zama Swap Protocol, enabling users to privately exchange cUSDC, cUSDT, cAUSD, cTGBP, and confidential vault shares without revealing trade sizes or intentions. The vaults will initially be available through Zama’s application, with Utila, Zerion Wallet, and Yield.xyz expected to integrate them in the coming weeks.