Private Trading in Any Cryptoasset

Penumbra is a shielded, cross-chain network allowing anyone to securely transact, stake, swap, or marketmake without broadcasting their personal information to the world.
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Roadmap

MVP1

Transaction Model

Implement multi-asset transactions using a fixed validator set and transparent proofs.
MVP2

Staking and Delegation

Implement the shielded staking and delegation mechanics using transparent proofs.
MVP3

IBC Integration

Implement IBC support, allowing communication with other Cosmos zones.
MVP4

ZSwap

Implement batch swaps and concentrated liquidity positions.
MVP5

Governance

Implement shielded governance, enabling decentralization of project direction.

Newsfeed

UPDATE

Introducing Poseidon377, our instantiation of a SNARK-friendly hash

An introduction to the Poseidon SNARK-friendly hash and the problem of Poseidon parameter generation
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UPDATE

Accelerating Penumbra's Merkle Tree by up to 4,000,000x

Introducing the Tiered Commitment Tree: A Hyperspeed Merkle Tree for Shielded Client Sync!
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TESTNET

Testnet 29: Shielded Swaps Have Arrived

This testnet is an exciting milestone: it has the first release of our shielded batch swap mechanism, which enables Penumbra users to privately swap tokens without leaving the shielded pool!
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Investors
Dragonfly Capital
Interchain Foundation
Informal
Lemniscap
Volt Capital
Robot Ventures
ZKValidator