Arcium is a parallelized confidential computing network on Solana that uses Multi-Party Computation (MPC) to run encrypted computations over fully confidential data. The project evolved from Elusiv — a Solana-native privacy protocol that raised a $3.5M seed in November 2022 — and has since added a $5.5M Strategic Round led by Greenfield Capital and a CoinList Community Round at a $200M FDV. Arcium mainnet alpha is live on Solana, and the $ARX token generation event remains officially undated as of June 2026, with pre-market trading now live on Whales Market.
TL;DR
- Arcium is the Confidential Supercomputer on Solana, an MPC-powered network for trustless computation over encrypted data.
- The team raised $5.5M in a Strategic Round led by Greenfield Capital with Coinbase Ventures and angels including Solana co-founder Anatoly Yakovenko (May 2025), on top of $3.5M raised as Elusiv in 2022 — roughly $9M total disclosed funding.
- A public Community Round on CoinList priced $ARX at a $200M FDV, with all community-round tokens fully unlocked at TGE.
- $ARX powers network fees, MPC node staking, computation scheduling, and on-chain governance.
- TGE date remains TBA. Pre-market $ARX is tradable on Whales Market ahead of any official launch.
What is Arcium?
Arcium positions itself as "Humanity's Supercomputer" — a decentralized confidential computing network that lets applications run programs over encrypted data without ever exposing the inputs. Rather than rely on a single trusted execution environment, Arcium splits each computation across a network of MPC nodes so that no single party — including the node operators — can see the underlying data.
The project began in November 2022 as Elusiv, an application-layer zero-knowledge privacy protocol on Solana. The team sunset Elusiv in March 2024 to generalize the privacy stack into something broader: a horizontally scalable confidential compute network that any Solana application could plug into. That re-architecture became Arcium, and the team has since released the arxOS operating system for distributed encrypted computation and the Confidential SPL (C-SPL) token standard, which extends Solana's SPL Token program with confidential transfer support.
Mainnet alpha is now live on Solana, with featured applications already running on the network — including Crafts, a sealed-bid auction protocol, Bench, an encrypted opportunity-markets app, Dinario, a confidential payments wallet, and Melee, a prediction market where positions stay encrypted until resolution to prevent front-running.
How does Arcium work?
The Arcium stack has three core components.
- MPC eXecution Environments (MXEs). Per the project documentation, MXEs are isolated, encrypted runtimes for confidential programs. Developers write circuits in Arcis — a Rust-based framework — and invoke them from Solana programs via Cross-Program Invocation (CPI). The build stack uses Rust and the Anchor framework, which is Solana-exclusive.
- MPC node network. A set of node operators runs the MPC protocol that splits secret inputs into shares so that no individual node ever holds the cleartext. Computations execute over the encrypted shares, and only the final result is decrypted to the intended party. Arcium's stack draws on the Manticore MPC protocol acquired from Inpher in May 2025 along with the Inpher founding team.
- Anchored to Solana. Programs and tokens stay on Solana mainnet — Arcium does not run as a separate L1. Confidential computations are scheduled from Solana programs, run inside MXEs, and committed back. The TypeScript client libraries
@arcium-hq/clientand@arcium-hq/readergive application developers a familiar Solana developer experience.
The C-SPL token standard extends this model to SPL tokens themselves: it merges SPL Token, Token-2022 with the Confidential Transfer Extension, and Arcium's MPC-powered compute into a single standard for confidential transfers, trading, and DeFi on Solana.
Key features
Per Arcium's official site, the protocol targets four application categories where confidentiality is a hard requirement rather than a nice-to-have.
- Confidential DeFi. Encrypted order books, sealed-bid auctions, and front-running–resistant prediction markets.
- Confidential payments. C-SPL transfers where balances and counterparties stay encrypted.
- Confidential AI. Encrypted model training and inference — Arcium was accepted into the NVIDIA Inception program and partnered with CrunchDAO on encrypted AI workflows.
- Confidential institutional finance. Compliance-ready confidential settlement primitives for stablecoins and tokenized assets.
$ARX Token Information
Key Metrics
| Field | Value |
|---|---|
| Token ticker | $ARX |
| Total supply | 1,000,000,000 ARX (1B, fixed) |
| Network | Solana (SPL token standard) |
| Presale platform | CoinList (Arcium Community Round, 24 March – 1 April 2025) |
| Reference FDV | $200M (CoinList Community Round) |
| TGE | Officially TBA as of June 2026 |
| Disclosed funding | ~$9M ($3.5M as Elusiv + $5.5M Arcium Strategic Round) |
$ARX Token Use Case
According to Arcium's official site, $ARX has four explicit network utilities.
Network fees. Usage-based fees apply to on- and off-chain transactions that use Arcium or C-SPL. All network growth accrues to $ARX.
Staking. Holders delegate $ARX to MPC nodes to secure the network. Rewards are distributed in proportion to each node's performance, and underperforming nodes lose delegation over time.
Scheduling. Confidential computations are scheduled through stake-weighted selection. The more $ARX delegated to a node, the more often it is chosen to schedule work.
Governance. $ARX holders govern Arcium on-chain. Voting power scales with lockup duration, and technical proposals require a refundable $ARX fee to filter noise.
Arcium also documents a dynamic supply mechanism with controlled inflation during low job volume to compensate node operators, and a token-burn mechanic tied to fee flows during high demand.
$ARX Token Listing
$ARX has not launched on any centralised exchange. The token is currently available on Whales Market pre-market, where eligible participants can buy or sell expected $ARX allocations before the official token generation event. Pre-market pricing reflects what willing buyers and sellers currently agree on for an expected allocation; it does not forecast the post-launch token price.
$ARX Tokenomics & Fundraising
Tokenomics
Arcium has confirmed the following $ARX token parameters in its own materials:
- Total supply: 1,000,000,000 ARX, SPL token on Solana.
- Community Round (CoinList): sold at a $200M FDV with 100% TGE unlock. Per the Arcium Community Round terms, only fully unlocked tokens are eligible for staking — locked tokens cannot be staked.
- Dynamic supply: controlled inflation when network demand is low (to subsidise node operators), with fee-burn during high-demand periods.
A full per-bucket allocation breakdown (community, investors, team, ecosystem, treasury) and the corresponding cliff and linear vesting schedules have not yet been published on Arcium's official docs as of June 2026. Buyers should re-check the Arcium articles index before TGE for the final tokenomics post.
Fundraising
- Elusiv Seed — November 2022, $3.5M. Raised under the Elusiv brand for a Solana-native privacy protocol; team sunset Elusiv in March 2024 to focus on the broader Arcium stack.
- Strategic Round — May 2025, $5.5M. Per Arcium's own announcement, the round was led by Greenfield Capital with participation from Coinbase Ventures, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Staking Facilities, Smape Capital, and Everstake. Named angels: Anatoly Yakovenko (Solana co-founder), Keone Han (Monad co-founder), Mert Mumtaz (Helius Labs co-founder), Santiago R Santos, Kenny Li (Manta Network co-founder), and Lucas Bruder (Jito co-founder).
- Community Round (CoinList) — 24 March – 1 April 2025. Public sale at a $200M FDV with 100% TGE unlock. The exact amount raised in the Community Round was not specified in Arcium's announcement.
Cumulative disclosed institutional funding stands at approximately $9M between the Elusiv seed and Arcium Strategic rounds. Arcium also acquired Inpher's core MPC technology and team in May 2025 — Inpher had previously raised over $25M from investors including JP Morgan and Swisscom, but the acquisition price was not disclosed.
Arcium Roadmap & Team
Roadmap
Public milestones already shipped or in active rollout:
- Mainnet alpha live on Solana. Per docs.arcium.com: "Arcium mainnet-alpha is live on Solana mainnet."
- C-SPL standard. Confidential SPL token program — a unified standard for confidential SPL transfers — is in active development with early access being rolled out to selected teams.
- Ecosystem footprint. Featured live apps include Crafts (sealed-bid auctions), Bench (encrypted opportunity markets), Dinario (confidential payments), Melee (prediction markets), Anonmesh (self-custodial encrypted cold storage), Seedplex (confidential venture raises), and Stealf (private neobanking).
- TGE for $ARX. Officially TBA. The Retroactive Token Grant programme is live at rtg.arcium.com with Wave 2 submissions closed in mid-May 2026 and final RTG details still pending.
Team
Arcium's team page lists four co-founders running the company today.
- Yannik Schrade — Co-Founder & CEO (X, LinkedIn).
- Nico Schapeler — Co-Founder & CTO (X).
- Julian Deschler — Co-Founder & CSO (X).
- Lukas Steiner — Co-Founder & COO (X).
Senior leadership also includes dedicated heads of Legal & Compliance and Marketing, plus a senior cryptography and ML engineering bench expanded via the Inpher acquisition — including former Inpher co-founders Dr. Jordan Brandt and Professor Dr. Dimitar Jetchev.
Conclusion
Arcium is one of the few confidential computing networks with a working product on a major L1 today. Mainnet alpha is live on Solana, the developer stack ships with native Anchor + Rust support, and a half-dozen flagship applications are already running confidentially in production. The fundraise is modest by 2025 standards — roughly $9M disclosed — but the cap table reads as a Solana-ecosystem conviction bet: Greenfield Capital leading, Coinbase Ventures participating, and angel cheques from the co-founders of Solana, Monad, Helius, Jito, and Manta. The open question is the $ARX TGE itself, still officially undated as of June 2026. For traders who want directional exposure ahead of any official listing, Whales Market is the price discovery venue right now.
Frequently Asked Questions
Is $ARX a token I can buy today?
Not on a centralised exchange. As of June 2026, no TGE date has been officially announced by Arcium, and $ARX is not listed on any major CEX. The token is currently available on Whales Market pre-market for participants who want directional exposure ahead of an eventual launch.
How much has Arcium raised, and from which investors?
Arcium has roughly $9M of disclosed institutional funding: a $3.5M seed in November 2022 (raised as Elusiv) plus a $5.5M Strategic Round in May 2025 led by Greenfield Capital. Strategic participants include Coinbase Ventures, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Staking Facilities, Smape Capital, and Everstake. Named angels: Anatoly Yakovenko, Keone Han, Mert Mumtaz, Santiago R Santos, Kenny Li, and Lucas Bruder. A separate Community Round ran on CoinList from 24 March to 1 April 2025 at a $200M FDV.
Is Arcium its own L1?
No. Arcium is a confidential computing network anchored to Solana mainnet — not a standalone chain. MPC eXecution Environments (MXEs) run confidential programs over encrypted inputs, and the results are committed back to Solana via Cross-Program Invocation. The $ARX token is an SPL token on Solana, and the C-SPL standard extends SPL Token + Token-2022 with confidential transfer support.
What is the $ARX total supply?
Total supply is 1,000,000,000 ARX (1B, fixed). $ARX is an SPL token on Solana with a dynamic supply mechanism — controlled inflation during low network demand to subsidise node operators, and fee-burn during high demand. A full per-bucket allocation schedule has not yet been published on Arcium's official docs as of June 2026; the only confirmed parameter is that Community Round tokens are 100% unlocked at TGE.
Where can I trade $ARX before TGE?
$ARX is listed on Whales Market pre-market, where eligible participants can buy or sell expected $ARX allocations before any official token generation event. Pre-market pricing reflects what willing buyers and sellers currently agree on for an expected allocation, and does not forecast the post-launch token price.
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