Cloaked provides a self‑custodial wallet that enables private on‑chain transfers by routing payments through automatically generated stealth addresses and compliant privacy pools, using lazy delegation via EIP‑7702. The platform includes passkey‑secured accounts, ENS‑based naming, an on‑chain swap engine, and a RESTful API/SDK that lets developers integrate stealth‑address payments into dApps. Revenue is generated from transaction fees on token swaps and deposits into the privacy pools.
Funding
Funding not disclosed
Founders
Product
Problem
Public blockchain accounts reveal balances, transaction histories, and counterparties by default, making it difficult for users and developers to maintain financial privacy without resorting to complex off‑chain solutions.
Solution
Cloaked delivers a self‑custodial wallet that embeds an incognito mode, routing all outbound transfers through automatically generated stealth addresses and compliant privacy pools. The wallet supports passkey‑secured accounts and integrates ENS‑based naming for user‑friendly address handling. At send time, each stealth address lazily delegates via EIP‑7702 to a Porto‑managed account, enabling private sending, on‑chain swapping, and earnings without exposing the original deposit. A complementary API lets developers embed the same stealth‑address and privacy‑pool workflow into their products with a few REST calls. All funds remain under the user’s control, and the platform encrypts transaction data before transmitting it to a cloud analytics layer for fee calculation and compliance checks.
Target Audience
The primary users are privacy‑concerned cryptocurrency holders and developers of decentralized applications that need native, on‑chain private payment capabilities.
Features
- Self‑custodial web app with passkey authentication and optional hardware‑wallet integration
- Automatic generation of unique stealth addresses using ENS and Porto standards
- Lazy delegation through EIP‑7702 to Porto accounts for seamless private transfers and swaps
- Privacy pools that aggregate deposits, breaking the on‑chain link between source and incognito balance
- Built‑in on‑chain swap engine that operates directly on privacy‑pool balances
- RESTful API and open‑source SDK for developers to add stealth‑address and privacy‑pool payments to dApps
- Recovery app and open‑source SDK for key export, rotation, and team‑based custody without vendor lock‑in
- Compliance‑ready pool integration powered by privacy‑pools.com, with audit‑trail logging for regulated use cases