Layrs is a privacy-first DeFi protocol — confidential yield vaults, private prediction markets, anonymous lending. ZK-shielded on Horizen L3 and Base.
Public blockchains made finance transparent.
That was a mistake.
Every trade, deposit, yield — permanently exposed.
We're fixing that.
— Layrs Protocol · 2026
Layrs is a full-stack privacy DeFi protocol — starting with confidential vaults for ZEN, ETH, and USDC. Private prediction markets and confidential lending follow.
Deposit ZEN, ETH, or USDC into ZK-shielded vaults. Balance, yield, and exit — mathematically invisible on-chain. Proofs via Circom + Groth16, attested by zkVerify.
Bet on outcomes without revealing position, size, or conviction. Private prediction markets.
Borrow against private collateral. ZK proofs verify solvency without revealing amounts.
50,000,000 $LAYRS tokens — 5% of total supply — distributed over 90 days to ZEN, ETH, and USDC stakers. No fixed APY: the rate is dynamic. Early depositors earn the most. As TVL grows, APY cools. This is Season 1 of 4 pre-TGE distribution seasons. Seasons 2–4 will be governed by protocol utility and community vote.
Scroll right to walk through the full privacy flow — from deposit to private yield distribution to withdrawal via a different address.
Connect your wallet and choose a vault. Enter any amount — ZEN, ETH, or USDC. Before anything hits the chain, a Circom circuit runs in your browser, converting your deposit into a cryptographic commitment.
A Groth16 zero-knowledge proof is generated from your Circom circuit. This proof cryptographically certifies "I deposited a valid amount" without revealing what that amount is. Submitted to zkVerify on Horizen L3 for on-chain attestation.
Each 24-hour epoch, yield accumulates against your shielded position. Your balance grows on-chain — but the balance itself is a ZK commitment. Only you can derive the real number from your secret key. The protocol distributes yield fairly, proven by a merkle-root proof published every epoch.
When withdrawing, you can specify any destination address — including a fresh wallet. The nullifier from your original deposit is consumed (preventing double-spend), and your withdrawal transaction is cryptographically unlinked from your deposit. Chain analysis cannot connect them.
Your entire financial interaction with Layrs — deposit, yield accumulation, withdrawal — is shielded by mathematics, not by trust. Every claim is verifiable. No counterparty knows your balance. This is what DeFi was supposed to be.
Privacy isn't a toggle. It's enforced at every step of the protocol — deposits, yield, and withdrawal — each with its own cryptographic proof and verifiable on-chain attestation.
When you deposit, your amount is converted to a Pedersen commitment inside a Circom circuit. The commitment goes on-chain; the amount does not. Your deposit is provably valid without being provably visible.
At each epoch close, a merkle root of all shielded balances + accrued yield is computed and published on-chain. A ZK proof attests that yield was distributed correctly and proportionally — without revealing any individual's share.
Withdrawals consume a nullifier (preventing double-spend) but reveal nothing about the original deposit. You can withdraw to any address — including a brand new wallet. No on-chain link exists between your entry and exit.
ZEN, ETH, and USDC vaults live on testnet. 50M $LAYRS distributed in Season 1. Earn Shards. Own a piece of what you're building.