Fhenix has launched its CoFHE encryption coprocessor on Ethereum and Arbitrum mainnets, allowing smart contracts to perform computations on encrypted balances and data without revealing them publicly. This technology uses fully homomorphic encryption (FHE) to keep user data confidential while still enabling contract rules to be enforced. Fhenix also introduced dual-mode tokens that let holders switch balances between public and confidential modes seamlessly on the same chain. Two apps are live now, with three more planned this quarter, and a confidential stablecoin is in development with Tandem, signaling a push toward privacy-focused DeFi solutions.
Fhenix's launch on Ethereum and Arbitrum offers context for readers. As of Oct 21, 2026 19:32 WIB, 43 of 50 major cryptocurrencies on Pluang rose today. Notable movers include ENJ at Rp507 (+4.73%), ETC at Rp145.670 (+4.41%), and UNI at Rp134.729 (+4.37%).
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