Private finance on Elysium
What you holdis yours to know.
Shield your assets. Send privately.
Choose what you share.
Public in. Private in between. Public out.
Deposits and withdrawals remain visible onchain.
Where the boundary sits.
A river approaches, disappears behind screens and returns to view. Lethe works the same way: the edges are public, the middle is yours.
- 01
Shield
PublicDeposit HYPE or a supported stablecoin from your wallet. Anyone can see the address, the token, the amount and the time.
- 02
Send, request, organise
PrivateInside the pool your balance is a set of encrypted notes. Payments between Lethe accounts show no sender, recipient or amount on chain. Vault names stay on this device.
- 03
Share
Your choiceChoose a single payment to share as a receipt. Everything you do not share stays where it is.
- 04
Withdraw
PublicSend tokens to any address. The destination, the token, the amount and the time become public.
What stays private,
and what does not.
The same five transactions, seen by you and by everyone else.
- PublicDeposits and withdrawals: address, token, amount, time.
- PrivateEverything in between: who paid whom, and how much.
| Action | From | To | Amount |
|---|---|---|---|
| Shield | 0x3f9a…c21e | Lethe pool | 120.00 HYPE |
| SendPool transaction | YouNot shown | lt1q…8k2Not shown | 40.00 HYPENot shown |
| Request paidPool transaction | lt1p…x7dNot shown | YouNot shown | 15.00 HYPENot shown |
| SendPool transaction | YouNot shown | lt1z…m4cNot shown | 25.00 HYPENot shown |
| Withdraw | Lethe pool | 0x2d4e…b810 | 60.00 HYPE |
Privacy grows as more people use the pool. Nothing here erases public blockchain history.
You hold the keys.
The chain holds the rules.
Every claim here can be checked against the contracts once they are published.
- Your keys
- Created on your device from fresh randomness and backed up with a 24-word recovery phrase. Nobody, including Lethe, can recover them for you.
- Your proofs
- Zero-knowledge proofs are built in your browser. Your notes and spending key never leave this device.
- A small admin
- A multisig can turn deposits of a token on or off. It cannot move funds, block withdrawals or upgrade the pool.
- Your principal
- Lethe never lends, stakes or otherwise uses your deposits. There is no yield.
Coming next
Lethe Connect.
One switch, in the wallet you already use.
A browser extension that keeps your Lethe keys in your own browser and builds every proof there. Turn it on and the apps you already use on Elysium pay from your private balance.
No proxy server reads your balance. No operator holds your keys.
One phase at a time.
Each module ships with its own contracts and its own review. Dates are published when a phase has passed review, not before.
- Phase 1
Shielded pool
HYPE and the first supported stablecoin: shield, vaults, private transfer, payment requests, receipts, withdraw.
Live - Phase 2
Relayers and LETHE
An open relayer and indexer network backed by staked LETHE. The token launches here. Viewing keys and disclosure proofs.
After phase 1 audit - Phase 3
Private swaps
Swaps through Uniswap pools on Elysium. Fees cost less in LETHE.
Own security review - Phase 4
Shared treasuries
Treasuries held by a group, with spending policies and team tools.
Own security review - Phase 5
Holder governance
Holders vote on supported tokens and staking settings.
Rules published first
Questions.
All questionsIs Lethe live?
On Elysium testnet. Test tokens only, with no value.
Is there a LETHE token?
Not yet. LETHE is planned: relayers stake it to be listed, holders can stake behind a relayer to share its fees and its penalties, and later it pays fees and decides token listings. Its address will appear only on the Network and contracts page. Any LETHE token you see today is not from this project, and basic use of Lethe never depends on a token.
Does Lethe hide deposits and withdrawals?
No. Deposits and withdrawals remain public on Elysium. Lethe hides what happens in between: who paid whom inside the pool, and how much.
What does it cost?
Every action shows its fees before you sign, and the fee schedule is published with the contracts. Network fees on Elysium are paid in HYPE.
What if I lose my recovery phrase?
Back up your recovery phrase. It is the only way to restore your keys, and nobody can recover it for you.
Public in. Private in between. Public out.
Shield what you hold, pay in private, and share only the payment you choose.