Coin98 Super Wallet on April 23 integrated “Private Mode,” a feature developed with Houdini Swap to obscure the on-chain footprint of user transactions. The update introduces two primary functions, Private Swap and Private Send, aimed at enhancing user privacy across the multi-chain platform.
"Web3 has always been built on transparency, but users shouldn’t have to sacrifice privacy to participate," Coin98 said in a statement. "With Private Mode, we’re making privacy a seamless part of everyday on-chain transactions.”
The new tools are designed to decouple the sender from the receiver in any given operation. Private Swap helps reduce the visibility of trading patterns to mitigate risks like front-running by predatory bots, while Private Send makes standard transfers untraceable. To incentivize adoption, Coin98 launched a campaign with up to $2,200 in rewards for users who try the feature.
The integration addresses a growing demand for user-controlled data in an ecosystem where most activities, from token swaps on networks like Ethereum to simple transfers on Solana, are publicly recorded. While transparency is a core tenet of Web3, the move signals a shift toward balancing openness with individual financial privacy, a layer that developers argue has been historically underdeveloped.
A significant barrier to privacy tool adoption in Web3 has been complexity, often requiring deep technical knowledge or multi-step processes. Coin98 aims to lower this barrier by integrating the feature directly into its existing wallet interface with a simple toggle.
This approach embeds privacy as an intuitive option rather than a niche, expert-level feature. It allows users of Coin98's full product suite—which includes the multi-chain Coin98 Wallet, a liquidity aggregating Exchange, and the Space Gate cross-chain bridge—to access privacy without changing their established workflows. The wallet supports over 20 blockchains, including Ethereum, Solana, and various EVM-compatible networks.
While the feature could boost user adoption among privacy-conscious individuals, it may also attract regulatory scrutiny. Financial watchdogs have previously shown concern over services that offer transaction anonymity, creating a potential risk that projects in the space must navigate.
This article is for informational purposes only and does not constitute investment advice.
