ENCRYPTED LENDING ON SOLANA

Lend. Borrow.Never revealyour positions.

Join the waitlist
A balanced cream scale holds two locked bags in Guava hammock slings.

In existing lending protocols, your balance sheet is on display.

What everyone can see

  • Your supplied assets
  • Your borrowed amounts
  • Your liquidation risk
  • Your wallet activity

Put capital to work without showing your hand.

Lend

Earn yield

Your deposits and returns.

Only visible to you

Borrow

Access credit

Your collateral, debt, and health.

Only visible to you

Users

Track aggregates

Total value locked, rates, and utilization

Visible to everyone

Liquidators

Liquidate

Loan-to-value ranges, unlinked to borrowers

Visible to liquidators
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Why privacy matters

Jon Charbonneau 🇺🇸@jon_charb
If your credit card transactions were public you’d never use it

Aug 18, 2025 · Excerpt

Robbie Petersen@robbiepetersen_
In the absence of optional privacy, blockchains look more like marketing vehicles than backend infra for institutional finance

Aug 19, 2025 · Excerpt

David Lachmish@d3h3d_
private internet money needs to be part of a private capital market

Oct 31, 2025 · Excerpt

Bitcoin@Bitcoin
The @BIS_org wants a grading system for permissionless blockchains.

Aug 15, 2025 · Excerpt

Edward Snowden@Snowden
I've been warning Bitcoin developers … privacy needs to be provided for at the protocol level.

May 2, 2024 · Excerpt

CZ 🔶 BNB@cz_binance
you can pretty much see how much everyone in the company is paid

Feb 15, 2026 · On-chain payroll excerpt

Kyle Samani@KyleSamani
They want the assets that they already like/want to hold, with an option to be private

Oct 22, 2025 · Thread excerpt

mert@mert
private money has been a thing since the beginning of time

Oct 31, 2025 · Excerpt

Brian Armstrong@brian_armstrong
privacy is an important feature for many law abiding citizens.

Mar 21, 2025 · Excerpt

Howard Wu@1HowardWu
Send someone USDC and you've just given them visibility into your entire financial history.

May 12, 2025 · Excerpt

vitalik.eth@VitalikButerin
Privacy is not a feature. Privacy is hygiene.

Nov 23, 2025

Peter Van Valkenburgh@valkenburgh
We should take concrete steps to protect people’s ability … to transfer value privately

Aug 5, 2025 · Quoting Hester Peirce · Excerpt

Naval@naval
Unstoppable private money.

Aug 15, 2024

Joe Andrews@jaosef
Privacy tech is now more important than ever. Local models, ZK, encryption.

Sep 7, 2026 · Excerpt

Dan Robinson@danrobinson
I think there are probably a decent number of OG holders who care about privacy

May 1, 2026

Hasu@hasufl
Financial privacy is another big one. The super-rich have it. Everyone else does not.

Apr 10, 2020 · Excerpt

Tushar Jain@tushar_jain
Our funds are constantly tracked, forcing regular wallet rotations. Institutions need privacy to operate.

Jul 22, 2026 · Excerpt

Andreas Antonopoulos@aantonop
Without financial privacy, we don’t have human rights.

Feb 8, 2022 · Excerpt

Wei Dai@_weidai
Privacy is the last hurdle to mass-adoption of onchain finance.

May 29, 2025 · Excerpt

Kyle Samani@KyleSamani
they want the assets that they want, in private form

May 15, 2026 · Excerpt

mert@mert
you *must* disclose your own money to the world if you're in crypto because the chains are transparent.

Jan 27, 2026 · Excerpt

Brian Armstrong@brian_armstrong
Financial privacy should be the norm.

Aug 17, 2022 · Excerpt

Howard Wu@1HowardWu
The fact that anyone can see this is one of many reasons why crypto is STILL not ready for everyday transactions or serious capital.

Sep 9, 2026

vitalik.eth@VitalikButerin
Why I support privacy: …

Apr 14, 2025 · Excerpt

Claire Kart@clairekart
Study the internet of the mid 90s - no serious commerce until SSL.

Aug 18, 2025 · Excerpt

Balaji@balajis
Cash is private by default. … So we are defaulting into tracking. Zero knowledge is the defense.

Nov 30, 2024 · Excerpt

zooko🛡🦓🦓🦓 ⓩ@zooko
politically neutral money is necessary for democratic societies.

Mar 8, 2022 · Excerpt

Crypto architecture

Solana

Shared execution

Encrypt

Encrypted computation

Ika

Threshold decryption

POWERED BY ENCRYPT

A breakthrough in privacy tech.

Encrypt advances Fully Homomorphic Encryption (FHE). Compute on shared state with privacy guaranteed by cryptography.

ZamaEncrypt
Faster processing4.9 s0.2 s
Smaller data size527 kB24 kB
Threshold decryptTEE (centralized)IKA (decentralized)
Read the research →
Join the waitlist

ROADMAP

Tokenize, encrypt, and leverage anything for anyone.

Who gets access?

  1. AlphaVerified cohort
  2. BetaPermissionless deposits
  3. OpenPermissionless liquidation

Which assets?

  1. Initial marketSOL / USDC
  2. Major Solana assetsStablecoins · Real-world assets
  3. Native assets, any networkBitcoin, Ethereum, Canton and beyond

PARTICIPATE

Help shape future markets.

Markets

Assets · Size and rates · Timing

Controls

Eligibility · Approvals · Risk limits

Share your requirements →

Frequently asked questions.

What is Hammock?

Encrypted lending on Solana. Earn interest or borrow against collateral without exposing your positions.

Who can see my positions?

You see your positions. Market totals, rates and utilization stay public. Liquidators see risk ranges unlinked to borrowers. Settlement disclosures and metadata remain privacy limitations under validation.

How do lending and borrowing work?

Lenders deposit assets to earn interest. Borrowers provide collateral to access credit. Loans that exceed risk limits can be liquidated.

Which assets will be supported?

SOL and USDC first. More Solana assets and assets from other networks are on the roadmap.

Is Hammock live?

Not yet. Hammock is in development, with encryption integration and validation ahead.

Who can join the alpha?

A selected founding institutional cohort. Broader access comes later.

What happens after I join the waitlist?

Confirm your email for updates and news about access. Joining doesn’t guarantee admission.

What risks should I understand?

Collateral can lose value, loans can be liquidated, and technical failures can cause losses. Encryption doesn’t remove lending risk or guarantee returns.

How can institutions participate?

Use the optional participation details in the signup form to share your organization, role and requirements and request a conversation.