Provable
Provable is the confidential financial infrastructure company behind Aleo
Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$306.3Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $306.3 | -- | -- | -- |
| Oct 2026 | $2.45K | -- | -- | -- |
| Sep 2026 | $1.49K | -- | -- | -- |
| Aug 2026 | $425.2 | -- | -- | -- |
Comparison
Follow Updates
Follow Lists
People
About Provable
Provable is the core development company of the Aleo ecosystem, maintaining the snarkOS node, the snarkVM virtual machine and the Leo language so developers can write zero-knowledge programs much like ordinary contracts. It targets the full exposure of balances and counterparties on public chains: payroll, treasury and cross-border settlement reveal commercial information once recorded onchain. Aleo's record model encrypts balances and transfer amounts, and the proof system verifies correct state transitions without publishing values. Shield, released in February 2026, encrypts balances, amounts, counterparties and fees by default and natively supports Circle's USDCx and Paxos's USAD private stablecoins.
The line-up covers the Shield wallet, the Leo toolchain and block explorer for developers, and Shield Swap, open in early access. Shield Swap hides trader identity, positions and links between trades while publishing pool reserves, prices, trade sizes and fees, and issues encrypted compliance records that users can selectively disclose to auditors with view keys. Privacy is bound to the single Aleo chain; outside assets must be bridged in, so the usable asset set is limited by that ecosystem's size.
Provable, the team behind Aleo, has progressed through several key milestones. Initially, Aleo launched as a Layer-1 blockchain powered by zero-knowledge cryptography, establishing the foundation for private and compliant digital asset infrastructure.
A significant step was the introduction of Shield Wallet, a non-custodial, privacy-first wallet designed for confidential stablecoin transactions on Aleo. This marked the transition from core protocol development to user-facing applications.
Another major milestone was the early access release of Shield Swap, a non-custodial institutional trading venue built for compliance. It introduced selective disclosure features, allowing participants to share required information without exposing entire financial histories, bridging privacy with regulatory needs.
Additionally, the collaboration with Google Cloud integrated Aleo's blockchain data into BigQuery, enhancing accessibility for developers and analysts. These developments collectively represent Provable's evolution from protocol research to a comprehensive ecosystem supporting confidential, compliant financial markets.
On August 17, 2026, Provable opened early access to Shield Swap for institutions, businesses and government entities. The venue matches non-custodially: pool reserves, trade prices, sizes and fees stay publicly verifiable, while participant identity, balances, portfolios and transaction links are shielded, with encrypted compliance records produced per trade and shared through view keys and selective disclosure.
Provable launched with USDCx on Aleo, a dollar stablecoin backed one-to-one by USDC held in Circle xReserve, and supports WBTC, ETH, SOL and ALEO in beta. Public launch is planned for the fourth quarter of 2026, and the shared anonymity set grows with participation.
Provable will make programmable disclosure the default for regulated markets, extend from block and OTC flow into more stablecoins and asset classes, and let compliance records plug directly into audit and regulatory reporting.
Howard Wu — Founder & CEO; American cryptographer, MS EECS from UC Berkeley, co-author of ZK libraries libsnark/DIZK/Zexe, and founder of Aleo. Provable (formerly Aleo Labs) builds Shield Wallet, Shield Swap and the Aleo privacy L1.