L2BEAT reviews 16 privacy protocols, rating what five adversaries can see

L2BEAT evaluated 16 privacy protocols against five distinct adversaries, including chain observers, network observers, and parties with privileged access, rating each as private, at risk, or exposed. The methodology also considers anonymity sets, measured by unique depositors over the past 30 days, which range from over 1,000 in some pools to nearly none in others. Additional tracked factors include trusted setup, exit windows, and reproducibility. L2BEAT has published its full methodology and invited community feedback via a forum discussion, noting the approach may change.

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