PROTOCOL V0.1

Proof of Alpha Protocol

The first confidential DeFi intelligence layer on Arbitrum. Prove your portfolio performance to anyone — without revealing your balance, holdings, or strategy.

ERC-7984 Shielding

Wrap USDC into wcUSDC. Balances are encrypted on-chain using homomorphic encryption, hidden from everyone including the contract.

iExec Nox TEE

Computations run inside Intel SGX hardware enclaves. The output carries a hardware-backed cryptographic attestation.

SHA-256 Proofs

Deterministic hashing: sha256(wallet + pnl + timestamp). Publicly verifiable, but reversing balance is impossible.

ChainGPT AI

Real-time portfolio risk scoring and interactive DeFi risk assistant powered by ChainGPT API.

Architecture Flow

SHIELD

Wrap Circle USDC into wcUSDC via WrappedConfidentialUSDC.wrap(). Your balance is encrypted on-chain.

COMPUTE

iExec Nox enclave reads on-chain deposit events, calculates net yield inside SGX.

ATTEST

SHA-256 Alpha Proof is generated: sha256(wallet + pnl + timestamp).

Proof is distributed — Twitter, Discord, DAOs, anywhere.

VERIFY

Anyone recomputes the hash and checks match.

UNSHIELD

Encrypt unwrap amount → unwrap() → TEE decrypts → finalizeUnwrap() to get USDC back.

Smart Contract

CONTRACT

WrappedConfidentialUSDC

STANDARD

ERC-7984

NETWORK

Arbitrum Sepolia

ADDRESS

0xF8d68DA9C2e95e4E636Bd3737534d59Aad66703F

// Wrap ERC-20 USDC → confidential wcUSDC
function wrap(address to, uint256 amount) external returns (bytes32);

// Initiate unwrap — encrypted amount burned, TEE decryption requested
function unwrap(
    address from,
    address to,
    bytes32 encryptedAmount,
    bytes calldata inputProof
) external returns (bytes32 unwrapRequestId);

// Finalize unwrap after TEE decryption
function finalizeUnwrap(
    bytes32 unwrapRequestId,
    bytes calldata decryptedAmountAndProof
) external;

API Reference

POST/api/compute

Generate an Alpha Proof from on-chain deposit history.

// Request
{
  "wallet": "0xYourWalletAddress"
}

// Response
{
  "pnl": "+43.50%",
  "proof": "a3f9...9c21",
  "pnl_percentage": 43.5,
  "verification_timestamp": 1714000000000,
  "deposits_analysed": 3
}

POST/api/chaingpt

Interactive ChainGPT DeFi risk assistant.

// Request
{ "question": "Is wcUSDC in a TEE safer than cold storage?" }

// Response
{ "answer": "TEE provides hardware-level isolation which..." }

GET/verify/[proofId]

Public Alpha Proof verification route. Recomputes hash from query params to verify authenticity.

Confidential Yield Optimizer

VISION

OPAQUE is evolving from a private proof vault into a confidential yield intelligence layer. Using iExec Nox and confidential tokens, OPAQUE privately evaluates yield opportunities without ever exposing a user's balance, allocation size, or strategy.

"Before: Prove alpha without revealing balance.
After: Generate alpha privately, then prove it publicly."

Two Modes

Signal Mode

PLANNED MVP

AI recommends a yield route. User reviews the gas-adjusted APY and executes manually.

Stealth Auto Mode

COMING SOON

User grants permissioned strategy access. OPAQUE rebalances automatically when expected gain > gas + risk.

Roadmap

Q2 2026 — CURRENT

v0.1 Launch

WrappedConfidentialUSDC (ERC-7984) deployed on Arbitrum Sepolia
Confidential wrap/unwrap flow via iExec Nox TEE
SHA-256 Alpha Proof generation from on-chain deposit events
ChainGPT AI risk audit + interactive chat
Public Proof Verify Page & Alpha Arena demo leaderboard

Q3 2026

v0.2

Real iExec SGX task dispatch (full on-chain TEE)
Stealth deposit addresses
Mainnet deploy (Arbitrum One)
Confidential Yield Optimizer — Signal Mode MVP

Q4 2026

v1.0

ZK-SNARK proofs — Groth16 circuits
$OPQ governance token launch
Institutional API access tier
Confidential Yield Optimizer — Stealth Auto Mode

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