What is Arcium (ARX)?
Arcium (ARX) is a decentralized network that performs computations on data while it remains encrypted. Because the network never decrypts the data, users can run applications without exposing sensitive information. This approach is sometimes called an "encrypted supercomputer."
What is the ARX token used for?
ARX is the native asset of the Arcium network and serves three main functions. Network fees are paid in ARX, giving users access to confidential computing services. Holders can delegate ARX to nodes that secure the network through staking. Finally, ARX holders participate in governance votes that shape the protocol's future.
How does Arcium work?
Arcium is built on Secure Multi-Party Computation (MPC). User data is encrypted and split into fragments called secret shares. These shares are distributed across independent nodes; no single node can see the full data. Computation runs on the encrypted shares, and only the result is revealed to the intended party.
Arcium operates natively on Solana and provides developers with tools to build privacy-preserving applications. One of these tools, the C-SPL standard, hides token balances and transfer amounts, enabling confidential DeFi transactions.
What problem does Arcium solve?
Blockchains are inherently transparent, with all transactions publicly visible. This creates barriers for use cases such as sealed-bid auctions, institutional DeFi, or sensitive AI data. Arcium aims to address this by making encrypted data usable rather than merely hiding it. The project originated from the Elusiv team and has backing from investors within the Solana ecosystem.