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Common Launches Privacy-First DeFi Platform, Accelerating Crypto Adoption

Coin WorldTuesday, Apr 29, 2025 9:47 am ET
2min read

Common, a new privacy-first DeFi platform built on Aleph Zero’s infrastructure, has launched its Web App, marking a significant milestone in the crypto space. The platform, developed in collaboration with Common Labs Inc., offers users a simple, easy-to-use interface to shield their transaction history and trade privately across multiple blockchains in a fraction of a second. The mobile version of the app is set to be released at the end of May, making it the world’s first privacy-preserving mobile app in the crypto space that combines speed with ease of use. This launch is expected to accelerate the mass adoption of crypto by making privacy a seamless and intuitive experience.

The platform initially supports Arbitrum and Aleph Zero’s EVM, with plans to expand to additional chains, including Base and Ethereum, in the coming months. Common serves as the intuitive interface for Aleph Zero’s Shielder Network, a system of smart contracts, relayers, and zero-knowledge cryptography that enables private transactions across multiple chains. This infrastructure allows users to protect their onchain activity without relying on centralized exchanges, ensuring that privacy is maintained throughout the transaction process.

At the core of the experience is “Shielding,” the process of depositing tokens into a shielded pool to break the link between public wallet activity and future transactions. Users can later unshield by withdrawing to a fresh public address, maintaining privacy throughout. With subsecond proving times performed directly on the device, Common delivers seamless privacy without the usual waiting periods or technical barriers. Unlike other privacy solutions, Common does not commingle funds, preserving full provenance for compliance or auditing if needed.

“Privacy shouldn’t be a luxury in crypto. It should be the default,” said Adam Gagol, Co-Founder of Aleph Zero and Co-Creator of Common Labs Inc. “We’ve spent years building the technical foundation to make that possible, and with Common, we’re finally delivering it in a way that anyone can use, without plugins, without compromises, and without needing to trust a third party. Privacy becomes something you tap, not something you configure. This launch is just the beginning of building a truly private, multichain financial layer for web3.”

The Common Web App works with many popular wallets, such as MetaMask, Ledger (via Metamask), or Rabby, requiring no migration and allowing users to begin transacting immediately. The Mobile App will offer the same privacy benefits in a mobile-native experience, including fiat on-ramp support via Banxa and seamless dApp connectivity. As a non-custodial and completely decentralized platform, Common adheres to core DeFi principles. The entire platform is built on open-source, audited smart contracts, allowing users to verify rather than trust the system.

This launch marks the first step in a larger rollout of Common’s ecosystem. Future features will allow users to shield their assets, earn private yield, and transact securely across multiple blockchains. The platform aims to extend privacy support to key EVM chains and emerging Layer-2 networks, enabling private asset transfers between supported blockchains and simplifying multi-chain management. Additionally, Common plans to streamline access to/from TradFi via off-ramps, IBAN support, and crypto payment cards for everyday use.

For more information about Common and to apply for early access, users can visit https://common.fi/ .

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Then_Sympathy
04/29
"Common's mobile app launch is like crypto finally getting its driver's license—ready to hit the road and take privacy mainstream. Who knew shielding could be so sleek?
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spanishdictlover
04/29
Common's mobile app is a big deal. 🚀
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rubiyan
04/29
Mobile app coming soon. Fiat on-ramp via Banxa? That's seamless. Can't wait to try it out.
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me_like_stonk
04/29
@rubiyan 😂
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BlackBlood4567
04/29
Shielding tech sounds dope. No commingled funds means my assets stay my assets. Solid move for privacy.
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Ubarjarl
04/29
Common's mobile app drop at end of May could shake things up. Privacy + speed on mobile? 🚀
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Stevitop
04/29
Non-custodial and decentralized. Users verify, don't trust. Core DeFi principles intact.
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PunishedRichard
04/29
Private transactions? Game changer for crypto adoption.
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ButterscotchNo2791
04/29
EVM chains and Layer-2 networks support? Multi-chain management just got a whole lot simpler.
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FuckDatNoisee
04/29
@ButterscotchNo2791 EVM support's cool, but Layer-2 might be tricky.
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shackofcards
04/29
Common's launch is a game-changer. Finally, privacy in DeFi without the hassle. 🚀
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BURBEYP
04/29
Aleph Zero's tech is sick. Subsecond proving times? That's next level. 🤯
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floorborgmic
04/29
Open-source and audited smart contracts give users peace of mind. Transparency is key.
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Longjumping_Rip_1475
04/29
@floorborgmic Totally agree, transparency's key. Open-source and audited smart contracts give users peace of mind. It's all about trustless systems.
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statisticalwizard
04/29
@floorborgmic Yep, open-source is lit.
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werewere223
04/29
Shielding is genius. Breaks the link between wallet activity and transactions. Total privacy, no commingling.
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BURBEYP
04/29
Common's ecosystem expansion excites me. Private yield and secure cross-chain transfers are a must.
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bnabin51
04/29
Holding $ALEPH long-term. Their tech is the future of privacy in crypto. 🚀
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Historyissuper
04/29
TradFi integration? Off-ramps, IBAN, crypto payment cards—everyday use of crypto is getting closer.
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GoTransformer
04/29
@Historyissuper Everyday crypto use? Lol, good luck with that.
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