Midnight Aims to Introduce Private DeFi Trading Across EVM-Compatible Chains
Midnight plans to enable private decentralized finance transactions using liquidity from Ethereum and other EVM-compatible networks.
Midnight plans to enable private decentralized finance transactions using liquidity from Ethereum and other EVM-compatible networks. Ethereum (ETH) is trading at ₹2,28,210 ($2,404.71). This is an original Token Times brief based on reporting by DailyCoin, with live market data added, as of Fri, 23 Oct 2026 17:00:01 UTC.
This development could significantly expand private transaction capabilities in DeFi, potentially attracting users concerned about transaction privacy and security while leveraging the vast liquidity of established networks.
- Midnight to integrate private DeFi trading with Ethereum and EVM-compatible chains.
- Ethereum DeFi TVL stands at $49.67B, providing substantial liquidity potential.
- Privacy focus may attract users seeking confidential DeFi transactions.
Midnight has announced plans to introduce private decentralized finance (DeFi) trading, leveraging the liquidity available on 
Ethereum and other Ethereum Virtual Machine (EVM)-compatible blockchains.
The integration aims to combine the privacy features of Midnight with the extensive liquidity pools of established DeFi ecosystems. This could address growing concerns about transaction privacy in the DeFi space while tapping into the $49.67 billion DeFi total value locked (TVL) on Ethereum, as reported by DeFiLlama.
The announcement comes at a time when the broader crypto market remains relatively stable, with a total market cap of $2.8 trillion. Ethereum, the primary network Midnight plans to integrate with, is currently priced at $2402.51, showing a modest 24-hour increase of 0.29%.
Midnight's native token, NIGHT, has experienced a slight 24-hour gain of 0.19%, though it is down 6.96% over the past week. The token's market cap stands at $648.21 million, indicating a moderate level of investor interest.
The move towards private DeFi transactions could attract users who prioritize confidentiality in their financial activities. However, the success of this initiative will depend on Midnight's ability to seamlessly integrate with existing DeFi platforms and maintain robust security measures.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from ₹2,28,001.40$2,402.51 to ₹2,28,210.18$2,404.71 — +0.09%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹250,727.09 (about $2,404.71), up 1.3% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 23, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Midnight Aims to Introduce Private DeFi Trading Across EVM-C — questions & answers
What is Midnight's plan for private DeFi trading?
Midnight intends to enable private DeFi transactions using liquidity from Ethereum and other EVM-compatible blockchains.
How much DeFi liquidity is available on Ethereum?
Ethereum's DeFi TVL is currently $49.67 billion, according to DeFiLlama.
Why is privacy important in DeFi?
Privacy in DeFi is crucial for protecting user identities and transaction details from unauthorized access.
How much is 1 Ethereum worth in rupee today?
About ₹250,727.09 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,404.71. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.09% since this brief first published — trading at ₹2,28,210 ($2,404.71) now versus ₹2,28,001 ($2,402.51) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from DailyCoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.