What Are Solana Privacy Rings? Inside Helius’ Privacy Protocol for Solana

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Solana Privacy Rings encrypt balances and transfer amounts without leaving Solana. Here's how they work, and how they compare.

Every transaction on Solana is public by default. Anyone can look up a wallet address and see its balance, what it has sent and received, and when. That transparency is useful for verifying the network, but a problem for anyone who doesn't want their finances on display: a business paying salaries, a trader building a position, or an individual who simply doesn't want strangers seeing their savings.

Solana Privacy Rings are designed to fix that, without asking users to leave Solana for a separate privacy network. Developed by Solana infrastructure firm Helius, Rings launched on Solana's mainnet on November 10, 2026.

Solana Privacy Rings are programmable shielded pools: shared pools on Solana that hold encrypted balances. Users deposit tokens into a Ring, send them privately to other Solana wallets, and withdraw them back to an ordinary public balance whenever they choose, according to the Solana Foundation.

Rings support SOL and other tokens on Solana, including SPL and Token-2022 tokens. Users keep custody of their funds throughout, since every transaction needs the owner's signature.

Crucially, the private balances live on the same network as everything else. Private transactions execute directly on Solana and encrypted data is stored on Solana's ledger, with no separate layer-2 network or sequencer in between. That means private balances sit alongside the same stablecoins, tokenized assets and DeFi liquidity as public ones.

The Solana Foundation describes its approach to privacy as "public by default, private by choice," letting each user or app pick how much privacy it needs.

Helius' developer documentation defines two levels of privacy. Confidentiality encrypts the asset and the amount of a transfer, while anonymity also hides who sent it and who received it. The default Ring is confidential: think of a bank statement where the names on each payment are visible but the amounts are blacked out.

Each private transfer comes with a zero-knowledge proof, a piece of…

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