Fhenix has unveiled Decomposed BFV (DBFV), a new Fully Homomorphic Encryption (FHE) scheme designed to overcome the precision limitations in decentralized finance (DeFi). DBFV addresses the "precision wall" by breaking down ciphertexts into smaller "limbs," reducing noise growth and delaying the need for costly computational resets known as bootstraps. This innovation allows for more efficient encrypted arithmetic, crucial for high-volume blockchain applications. DBFV's architecture supports complex financial operations, such as those required for a "private Uniswap," by improving throughput and enabling the processing of entire blocks of encrypted financial data simultaneously. This advancement is significant for institutions seeking to maintain privacy and competitive advantage in on-chain environments, facilitating the creation of private markets like dark pools and credit systems. Fhenix plans to integrate DBFV into its encrypted smart contracts later this year, marking a pivotal development in the scalability of private DeFi solutions.