Fhenix and Monaco Research announced a research collaboration on June 4 to explore FHE-based dark pools and encrypted RFQ infrastructure. Research collaboration. To explore. @FlutonIO has been running blind auctions on encrypted intents since testnet. Solvers receive ciphertexts, bid without seeing the order, settlement happens without the strategy ever appearing in plaintext. That's not a whitepaper. That's a working architecture that closed testnet in February with 19K views on the shutdown tweet alone. The gap between "research to explore" and "production-tested and moving toward mainnet" is exactly where Fluton sits in this space right now. Fhenix builds the coprocessor infrastructure. Monaco builds quantitative models. Neither of them has shipped a user-facing confidential execution layer on top of existing DeFi protocols. Fluton's Confidentiality Adapter wraps Aave and Uniswap today without either protocol changing a single line of code. The FHE dark pool as a concept is getting serious institutional attention in June 2026. The team that already built one is quietly finishing mainnet while the research announcements keep coming.