What is Secret Network?

Secret Network is a privacy-first blockchain that enables secure, decentralized applications through confidential smart contracts. Unlike standard public blockchains where data is visible to all participants, Secret Network leverages Trusted Execution Environments (TEEs) to keep inputs, outputs, and state encrypted—ensuring that both users and developers can interact without exposing sensitive data.

Its mission is to bring programmable privacy to Web3, giving individuals and organizations control over their information in a decentralized and trustless environment.

Confidential Computing in Web3

At the core of Secret Network lies a unique implementation of CosmWasm smart contracts that supports encrypted data processing. These "Secret Contracts" allow developers to:

• Build private DeFi protocols with hidden positions and balances

• Create secure voting mechanisms with anonymous ballots

• Launch privacy-preserving NFTs and marketplaces

• Protect user identities, medical records, and private messages

By offering these capabilities, Secret Network unlocks entirely new categories of decentralized apps that are simply not possible on transparent blockchains like Ethereum or Solana.

The SCRT Token

SCRT is the native utility and staking token of Secret Network. It plays several essential roles:

• Staking: SCRT secures the network through delegated proof-of-stake, with rewards distributed to validators and delegators.

• Governance: SCRT holders participate in on-chain proposals to guide the future of the protocol.

• Fees: SCRT is used to pay transaction and computation fees, including for executing encrypted contracts.

Staking SCRT not only earns passive rewards but also provides influence over the protocol’s privacy roadmap.

Interoperability and IBC

Secret Network is fully IBC-enabled, connecting it to dozens of Cosmos-based chains. This allows private DeFi applications on Secret to interoperate with public tokens and services from ecosystems like Cosmos Hub, Osmosis, Juno, and beyond.

Additionally, Secret has built bridges to Ethereum, enabling the creation of privacy-preserving versions of ERC-20 tokens such as sETH or sUSDT.

Developer Ecosystem and dApps

Secret Network is home to an expanding ecosystem of privacy-first dApps, including:

• Shade Protocol: A full-stack DeFi suite with private stablecoins and AMMs

• SecretSwap: A privacy-preserving decentralized exchange

• Altermail and SecretDAO: Tools for secure communication and governance

Developers can build using Rust-based CosmWasm contracts and access SDKs and documentation tailored for privacy-first applications.

Why Stake SCRT?

Staking SCRT secures the Secret Network and supports the future of decentralized privacy. As demand for confidentiality in Web3 grows—especially in sectors like finance, healthcare, and identity—staking SCRT offers both economic incentives and long-term alignment with privacy innovation.