No Data Yet
Executive Summary iExec, a decentralized cloud computing protocol established in 2017, has completed a strategic migration of its core privacy technologies, Decentralized Confidential Computing (DeCC) and Trusted Execution Environments (TEEs), to the Arbitrum blockchain. This initiative positions iExec as a foundational privacy layer within the $3.15 billion TVL Arbitrum ecosystem, aiming to enhance the utility and on-chain visibility of its RLC token. The strategic pivot follows an announced Q3 2025 roadmap, which coincided with a 22.78% surge in the RLC token. The Event in Detail iExec, co-founded by Gilles Fedark and Haiwu He in October 2016, initially launched with an Initial Coin Offering (ICO) that raised 10,000 BTC in 2017. The protocol's foundational concept revolved around a decentralized cloud computing marketplace. Over time, its focus evolved, culminating in a dedicated emphasis on privacy solutions for Web3 applications, particularly through DeCC and TEEs. These technologies are designed to provide hardware-isolated environments for confidential computation, enabling sensitive data processing without exposure. Unlike nascent privacy solutions like Zero-Knowledge Proofs (ZKPs) or Fully Homomorphic Encryption (FHE), TEEs offer production-ready frameworks. The migration to Arbitrum from its custom Bellecour chain is intended to access a larger developer and user base, integrate with prominent DeFi applications such as Aave and GMX, and increase the adoption of its privacy tools. This move allows developers on Arbitrum to build privacy-first applications in sectors including AI, DeFi, and gaming, without the need to manage complex underlying infrastructure. iExec's architecture incorporates DataProtector for encrypting and securely storing sensitive data via Arweave or IPFS, and iApps designed to execute within secure TEEs, ensuring data privacy during processing. Financial Mechanics and Token Utility The RLC token is integral to iExec's value proposition. All interactions, including private transactions and confidential computations utilizing iExec's tools on Arbitrum, are designed to route through the RLC token, thereby increasing its on-chain utility and visibility. Historically, concrete use cases for RLC were not readily apparent on-chain. However, the Arbitrum migration aims to rectify this by directly linking protocol activity to token function. The announced Q3 2025 roadmap, which prioritizes AI, DePIN, and GPU partnerships, notably preceded a 22.78% surge in the RLC token's value. Despite the enhanced utility, the Web3 privacy market remains in its early stages, presenting challenges for revenue monetization and precise valuation. While increased adoption of iExec's privacy modules is expected to mechanically boost RLC utility, the mechanisms for revenue capture and redistribution to token holders are not yet fully elucidated. This aspect remains a critical factor for value accrual in a market increasingly focused on protocols generating and channeling revenue to their native tokens. Business Strategy and Market Positioning iExec's pivot to Arbitrum represents a strategic repositioning designed to address its historical struggle with product-market fit. By embedding its privacy technology within an active ecosystem like Arbitrum, iExec significantly expands its addressable market, targeting all dApp developers on the Layer-2 network and potentially beyond. This approach contrasts with its previous operation on a niche network, which constrained adoption. The protocol positions itself as the first TEE-based privacy tool provider within the Arbitrum ecosystem, offering a plug-and-play solution for existing dApps. This strategy aligns with a multi-chain rollout, as its revitalized framework is designed for rapid deployment across various EVM-compatible networks. Strategic collaborations, such as the July 2025 partnership with Aethir for deploying 430,000 GPU containers for confidential AI computing, further validate the real-world application and scalability of its privacy solutions. Market Implications iExec's deployment on Arbitrum carries several implications for the broader Web3 ecosystem. It introduces a foundational privacy layer to a significant Layer-2 network, potentially fostering a new wave of privacy-first innovation across AI, DeFi, and gaming dApps. The integration of TEEs directly addresses critical issues such as front-running in DeFi, data leakage, and the need for robust data protection in AI, aligning with regulatory frameworks like GDPR and CCPA. This move could catalyze increased developer interest and adoption of privacy-enhancing technologies within the Arbitrum ecosystem, potentially establishing iExec as a leading privacy infrastructure provider for L2s. However, the economic upside of privacy solutions in Web3 remains largely unquantified due to the market's nascent stage and difficulties in monetization. While the technical trajectory is clear, the ability to translate technical importance into meaningful value accrual for the RLC token in a revenue-centric market is an ongoing challenge. The Ethereum Foundation's broader Privacy Stewards initiative underscores a growing industry-wide focus on integrating privacy at the protocol level, suggesting a favorable long-term trend for solutions like iExec, despite potential regulatory scrutiny faced by privacy-focused projects.
iExec has launched its privacy framework on Arbitrum, making it the first TEE-based privacy tool provider in the Arbitrum ecosystem, and enhancing the RLC token's utility. iExec Deploys Privacy Framework on Arbitrum, Boosting RLC Utility iExec, a decentralized cloud computing protocol, has deployed its privacy framework on Arbitrum, becoming the first Trusted Execution Environment (TEE)-based privacy tools provider within the $3.15 billion Arbitrum ecosystem. This deployment enables developers to integrate confidential computing features into applications across AI, DeFi, and gaming, enhancing the utility of the RLC token. Financial Mechanics of the iExec Privacy Framework The iExec privacy layer is powered by the RLC token. Every private transaction, protected dataset, and confidential computation on Arbitrum will contribute to the circulation and utility of RLC. This framework allows developers to add confidential computing features to apps across AI, DeFi, and gaming without managing the underlying infrastructure. The ready-made privacy stack supports encrypted processing, access controls for sensitive data, and trusted off-chain functions via prebuilt components. Business Strategy and Market Positioning iExec aims to provide privacy tools for Web3 applications, offering programmable governance, data protection, and confidential processing. By deploying on Arbitrum, iExec is targeting EVM-compatible networks. A number of early adopters on Arbitrum are already integrating iExec privacy tools, including Ototamto, DexPal, 1xBuild, Incentive Finance, TempWallets and ApeBond. Chase Allred, Partnerships Manager for Offchain Labs, stated that iExec's deployment removes the friction of TEE and enables new classes of applications. Broader Market Implications The deployment of iExec's privacy framework on Arbitrum facilitates a new wave of Web3 applications that demand both privacy and scalability. In DeFi, private order flows can mitigate front-running and safeguard sensitive trading strategies. In gaming and social applications, confidential computation can protect user identities and enable data ownership-respecting monetization models. In AI, private inference and training unlock models capable of operating on sensitive data without public exposure. This move could potentially attract more developers and users to the Arbitrum ecosystem, increasing adoption and utility of the RLC token. The integration of privacy tools addresses critical risks such as front-running and surveillance, fostering greater control over user data. The Arbitrum launch has been supported by ecosystem partners such as AR.IO, Aethir, and security auditor Halborn. iExec's multi-chain rollout will extend to other chains in the coming months. "> Quote: The launch gives Arbitral teams access to a ready-made privacy stack that supports encrypted processing, access controls for sensitive data, and trusted off-chain functions via prebuilt components."
iExec is the trust layer for DePIN and AI.
iExec enables confidential computing and trusted off-chain execution, powered by a decentralized TEE-based CPU and GPU infrastructure.
Developers access developer tools and computing resources to build and monetize privacy-preserving applications across AI, DeFi, RWA, big data and more.
The iExec ecosystem allows any participant to control, protect, and monetize their digital assets ranging from - computing power, personal data, and code, to AI models - all via the iExec RLC token, driving an asset-based token economy. (Data from Coingecko)
iExec RLC (RLC) current price is $1.20, down 3.04% today.
iExec RLC (RLC) daily trading volume is $9.0M
iExec RLC (RLC) current market cap is $87.5M
iExec RLC (RLC) current circulating supply is 72.3M
iExec RLC (RLC) fully diluted market cap (FDV) is $105.2M