Fhenix Launches CoFHE Privacy Coprocessor on Ethereum and Arbitrum Mainnets

Privacy protocol Fhenix has launched its fully homomorphic encryption coprocessor, CoFHE, on the Ethereum and Arbitrum mainnets to enable smart contracts to compute on encrypted balances and confidential trading strategies. The system delegates compute-heavy encryption tasks off-chain and returns verifiable results to the host blockchains. The rollout introduces a dual-mode token architecture allowing users to toggle between public and confidential states in a single transaction without bridging or wrapping assets. Initial mainnet access is restricted via an allowlist, featuring design partners such as Fluton and Alpha Engine following an audit by Consensys Diligence.