Lethe
Open app

How it works

Public in. Private in between. Public out.

Lethe is a shielded pool for tokens on Elysium. Tokens go in publicly, move privately inside the pool, and come out publicly when you are done. That is the whole idea.

  1. 01

    Shield

    Public

    Deposit HYPE or a supported stablecoin from your wallet. Anyone can see the address, the token, the amount and the time.

  2. 02

    Send, request, organise

    Private

    Inside 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.

  3. 03

    Share

    Your choice

    Choose a single payment to share as a receipt. Everything you do not share stays where it is.

  4. 04

    Withdraw

    Public

    Send tokens to any address. The destination, the token, the amount and the time become public.

Five actions, each with a clear limit.

For every step: what it does, what others can see, and what stays hidden.

  1. 01

    Shield

    Public

    Deposit a supported token. Inside the pool it becomes encrypted notes that only your keys can read.

    Read more
    Others can see
    Your address, the token, the amount and the time.
    Hidden
    The notes it creates and who controls them.
    Keep in mind
    A token issuer can still freeze or block the token itself.
    What a block explorer shows

    From0x3f9a…c21e

    ToLethe pool

    Amount120 HYPE

  2. 02

    Organise

    Private

    Group shielded funds by purpose, such as trading or savings. Vault names stay on this device, not on the chain.

    Read more
    Others can see
    Nothing, when you move a whole note. A pool transaction, when you split one.
    Hidden
    Vault names, balances and which vault holds what.
    Keep in mind
    Vaults keep you organised. They do not add privacy on their own.
    What a block explorer shows

    TypeNothing, for a relabel

    Split a noteA pool transaction

  3. 03

    Send and request

    Private

    Pay another shielded account, or send a payment request link. A zero-knowledge proof shows the payment is valid without revealing who, or how much.

    Read more
    Others can see
    That a pool transaction happened, and when.
    Hidden
    Who sent it, who received it and how much.
    Keep in mind
    The person you pay sees the details, as with any payment.
    What a block explorer shows

    TypePool transaction

    FromNot shown

    ToNot shown

    AmountNot shown

  4. 04

    Share

    Your choice

    Choose a single payment to share with an auditor, a client or a tax adviser. Everything outside that receipt stays where it is.

    Read more
    Others can see
    Nothing new goes on the chain.
    Hidden
    All your other payments and vaults.
    Keep in mind
    A shared receipt cannot be taken back.
    What your accountant sees

    Payment40 HYPE to 0x51c0…77a2

    Date23 Oct, 13:05

    Everything elseNot shown

  5. 05

    Withdraw

    Public

    Send tokens from the pool to any address when you are done.

    Read more
    Others can see
    The receiving address, the token, the amount and the time.
    Hidden
    Which of your notes paid for it.
    Keep in mind
    If the amount or timing matches your deposit, someone could guess they are linked.
    What a block explorer shows

    FromLethe pool

    To0x2d4e…b810

    Amount60 HYPE

Swaps inside the pool and shared treasuries come in later phases. Each gets its own contracts and review before it goes live.

Private, not invisible.

Lethe hides what happens inside the pool. The edges, deposits and withdrawals, stay public. These choices can weaken your privacy:

Every detail in What stays private
  • Unusual, one-of-a-kind amounts
  • Withdrawing soon after depositing
  • Few people using the pool
  • A hacked device or a leaked key