Nullmask, a zero-knowledge privacy protocol, has extended support to Monad. The deployment was confirmed on November 8, 2026, when @NullMaskio posted “Nullmask makes @Monad private,” quoting coverage from BSCN. Nullmask’s compliance page now lists Monad (chain ID 143) among live networks, with verified contract addresses and relayers. The pool was deployed at block 119597182.

There has been no official announcement from the Monad Foundation itself. This expansion is Nullmask’s deployment.

How It Works

Nullmask users keep their existing wallets. According to Nullmask’s documentation, the protocol is added as a custom network, and actions are normal wallet-signed transactions — no new seed phrase or separate account. Privacy keys are derived from a signature by the user’s wallet. Users can deposit supported assets into a shared shielded pool, send private transfers to other Nullmask accounts, and withdraw to an address.

On Monad, accepted assets include MON (native token, minimum 1,100 MON), USDC (minimum 20), and USDT0 (minimum 20).

What Stays Private — And What Does Not

Nullmask’s privacy model has specific limits. According to its privacy documentation:

  • Deposits: The depositing address, asset, and amount are public on-chain.
  • Private transfers: Observers can see that a transfer happened, but not the sender, recipient, or amount.
  • Withdrawals: The recipient address, asset, amount, fee, and time are public. The relayer submits the transaction so the user’s wallet is not the on-chain sender, but which deposit the funds came from is not shown.

Nullmask states it “does not promise that your activity can never be linked.” Deposits and withdrawals still leak address, amount, and timing information. The stronger privacy guarantee applies to transfers inside the pool.

Under the hood, Nullmask’s technical overview describes a UTXO-style shielded account state using zk-SNARKs (UltraHonk).

Compliance Controls

Every deposit waits as pending before entering the pool. A Guard approves or refuses each deposit; refused deposits are returned to the sending address. According to Nullmask’s deposit-check docs, most deposits are credited within minutes, though some may take up to 24 hours or more.

Nullmask says it acknowledges verified law-enforcement or regulator requests — official government email plus legal process — within 72 hours. This is an acknowledgment window, not a commitment to complete an investigation or deliver a particular result within that time.

Volume and Monad Performance

In an October 19 press release hosted by The Block, Nullmask said it had processed more than $50 million in private volume since October 1, 2026, when it was live on Ethereum, Base, BNB Chain, and Robinhood Chain. On November 9, Nullmask stated the figure since October 1 had grown to nearly $140 million. These are company-reported numbers, not independently audited. The Block notes that it does not necessarily endorse statements in the release.

Nullmask’s compliance page now lists Ethereum, Base, BNB Smart Chain, Robinhood Chain, Avalanche C-Chain, and Monad as live networks. Nullmask also posted on November 6 that it is live on Arbitrum.

According to official Monad documentation, the Ethereum-compatible L1 is designed for throughput capacity above 10,000 TPS, with 300 ms block time and full finality in 600 ms. Throughput is a design capacity figure, not a measure of current demand. Nullmask has not published Monad-specific performance results.

What This Means for Monad Traders

LeverUp is a Monad-native perpetual futures protocol. Traders use Monad for perps, AnyCollateral (using supported Monad ecosystem tokens as margin), and LVMON staking. Public chains make payments, balances, and counterparties visible on-chain. A shielded option on Monad is ecosystem infrastructure that some traders may care about when moving or parking funds — not a change to how LeverUp itself works.

LeverUp has not announced any integration or partnership with Nullmask. Using Nullmask (or not) is independent of trading on LeverUp.

This is also distinct from Category Labs’ Monad Private Settlement proposal, which described confidential execution domains settling on Monad L1. That earlier design is not the same as Nullmask’s user-facing shielded pool.

Adoption and actual usage on Monad will determine how significant this deployment becomes. See Nullmask’s documentation and compliance page for the primary details.