Bermuda

The privacy wallet for non-private blockchains

Launch Wallet

Privacy made simple

Bermuda is a decentralized, non-custodial, legally compliant privacy wallet & proxy DEX that keeps all your holdings, trades and transactions hidden from the public on the Ethereum Blockchain.

Bermuda is a convenient and user-friendly way to operate with privacy for people who want to hide their holdings from the public, not the law.

Learn more

The BMDA utility & governance token

Bermuda's native token, BMDA, is a double deflationary ERC-20 token that allows holders to use the app without paying fees, join the Bermuda DAO and vote on the governance and direction of the project, and stake their tokens to earn a share of platform revenues.

Learn more

Bermuda for

crypto traders

Privacy is your right and the Bermuda dApp makes it easier than ever to keep your holdings and trades private. No longer can prying eyes copy your trades, see your wallet holdings or view what you buy and sell.

Bermuda for

crypto influencers

Now you can run giveaways and send prizes without having to create burner wallets and easily keep track of winners. You can also get paid directly into your Bermuda account without the sender being able to see your holdings.

Bermuda for

business/enterprise

A growing number of companies are paying staff and contractors in cryptocurrency. Bermuda makes it easier than ever to keep track of your payees with nicknames and wallets securely on file, all the while keeping your company's wallet contents private.

Bermuda for

web3 projects

Many web3 / crypto projects have their own native token. If your project's native ERC-20 token is compliant and the contract is suitable, we can list your token to the Bermuda dApp, allowing you to send your native token without revealing your wallets. Perfect for airdrops, payments, and giveaways.

crypto traders
crypto influencers
business/enterprise
web3 projects

Swap or send these tokens privately

All supported tokens can be held, swapped or sent completely privately. We continually list new tokens and projects. If you have a project and would like to be listed, please contact us.

eth
ETH/WETH

ERC-20

wbtc
wbtc

ERC-20

usdc
usdc

ERC-20

usdt
usdt

ERC-20

dai
dai

ERC-20

frax
frax

ERC-20

link
link

ERC-20

uni
uni

ERC-20

aave
aave

ERC-20

mkr
mkr

ERC-20

ape
ape

ERC-20

matic
matic

ERC-20

ftm
ftm

ERC-20

cro
cro

ERC-20

mana
mana

ERC-20

bone
bone

ERC-20

klee
klee

ERC-20

shib
shib

ERC-20

floki
floki

ERC-20

alcazar
alcazar

ERC-20

shido
shido

ERC-20

cult
cult

ERC-20

volt
volt

ERC-20

ohmi
ohmi

ERC-20

zvoid
zvoid

ERC-20

sky
sky

ERC-20

babydoge
babydoge

ERC-20

elon
elon

ERC-20

jane
jane

ERC-20

leash
leash

ERC-20

pepe
pepe

ERC-20

bmda
bmda

ERC-20

How it works

Create a free account

Simply launch the app, and connect a decentralized wallet (Metamask, Coinbase, or Trust Wallet). When you connect, a free account will be created for you.

You can deposit tokens into your Bermuda wallet directly via your linked decentralized wallet or send supported tokens from other wallets or centralized exchanges to your unique Bermuda wallet address.

Swap & trade privately

Bermuda has a ‘privacy DEX’ inside your wallet that allows you to trade any of the tokens listed in the Bermuda platform. The DEX is a proxy that interfaces with Uniswap and other major decentralized exchanges via their API with the Bermuda contract performing the trades on your behalf. This means every trade you make, shows up as the Bermuda wallet on block explorers, not your wallet.

Send privately with ease

You can send or ‘Swap & Send’ tokens out of your Bermuda wallet to any external address. Swap & Send conveniently lets you convert any token in your Bermuda account to another token and send it to your payee all in one transaction. Gas fees on transactions can be paid in the token you’re sending for added convenience, so there’s no need to hold ETH just to pay for gas.

You can easily manage all your payees with nicknames, save their wallet addresses and view your complete transaction history.

The Bermuda DAO

The top 500 holders of the BMDA token form the Bermuda DAO (Decentralized Autonomous Organization) giving each member a vote in proposals and the direction of the protocol. DAO members gain ranks based on their position in the top 500 and will have access to exclusive Bermuda Armada avatars.

Stake BMDA to earn

Holders of 20,000 or more BMDA tokens have the ability to stake their tokens in the Revenue Share Pool. Revenue from the Bermuda platform is shared with the pool and stakers will receive a portion of the revenues based on their percentage of the total pool size.

The BMDA token

Tokenomics

  • 10,000,000 total supply (before burns)
  • 10,000,000 circulating supply at launch
  • 0% buy or transfer tax
  • 5% sell tax (2% Marketing, 2% Dev, 1% Burned)
  • Token contract address: 0x4236f8aaF2B1f3A28420Eb15B8e0ddF63201a95E
Buy BMDA

Utility & governance

  • DAO comprised of the top 500 holders
  • Staking rewards available to holders of 20,000+ BMDA
  • 0% platform service fees for BMDA holders of USD$1000+
  • 2.5% Service fee for users not holding BMDA
  • 1% to staking rewards
  • 1% to partner tokens
  • 0.5% buyback & burn from Uniswap

Token holders (public + privacy wallets)

Loading...

Fully diluted valuation / market cap

$Loading...

BMDA tokens burned

Loading... (...%)

Uniswap logo
Coinbase logo
CoinMarketCap logo
CoinGecko logo
Crypto.com logo
Nomics logo
Live Coin Watch logo
DexTools logo

About Bermuda

The protocol

The Bermuda workflow operates on a web3/web2 hybrid. Verification, signing, and transactions are all executed on a web3 (decentralized) layer and controlled via a secure KMS (non-custodial) wallet that is inaccessible to anyone, but you. Our web2 layer is located behind three sequentially independent abstraction layers that securely keep a private audit trail of all the transactional data that would normally be publicly visible on the blockchain, along with the nicknames of a user's saved payees. We do not save any other user data, and do not log a user's IP address.

Legal compliance

Bermuda does not condone illegal activity and requires all users to agree to our terms of use, which prohibit the service from being used for illegal purposes. While Bermuda is decentralized and non-custodial, it keeps a private audit trail of what would have been public on-chain transaction data. This audit trail is not visible to the public and exists for the sole purpose of allowing us to take action against any wallet proven to be connected with illegal activity. To protect the reputation of Bermuda and our users, in the event a wallet has been proven to be connected with illegal activity, Bermuda reserves the right to refuse service.

Platform roadmap

Dec
2022

Token Launch
  • Launch BMDA token on Ethereum network.

Jan
2023

Launch dApp v1
  • Privacy wallet & anonymous sending.
  • Support for ETH, USDC, USDT.
  • 300+ BMDA holders.

Feb
2023

List more ERC-20 tokens
  • Begin regularly listing new tokens (ongoing).
  • CMC and Coin Gecko listing.
  • 500+ BMDA holders.

Mar
2023

Launch dApp v2
  • Privacy DEX & 'Swap and Send'.
  • Direct deposits / bridging wallet addresses.
  • 1% of BMDA total supply burned.

Q3
2023

New releases
  • New marketing website.
  • Performance improvements.
  • Create dedicated Ethereum node.

Q2
2024

P2P and Marketing
  • Gasless P2P Transactions
  • BMDA Referral System
  • Invitation Payments

Q3
2024

Multi-chain support
  • DAO and Staking.
  • Bring privacy wallet to other blockchains.
  • Multi-chain token listings.
  • Cross-chain token swaps.

Q4
2024

Native apps
  • Create a browser extension for privacy wallet.
  • Create native iOS and Android applications of Bermuda privacy wallet.

Dev blogs

Version 2.0 Release Notes

Version 2.0 Release Notes

March 17, 2023

Instructions for importing your balance from v1 to v2.

Instructions for importing your balance from v1 to v2.

March 17, 2023

Bermuda AMA announcements

Bermuda AMA announcements

February 13, 2023

Bermuda dApp version 1.2 release

Bermuda dApp version 1.2 release

February 8, 2023

Bermuda dApp version 1.1 release notes

Bermuda dApp version 1.1 release notes

February 3, 2023

The fight for Privacy — Enter the Triangle

The fight for Privacy — Enter the Triangle

January 30, 2023

Frequently asked questions

While you do need ETH for gas when depositing tokens into your Bermuda account from Metamask, you don't need it for transactions in the Bermuda DAPP. When you send a private transaction, gas is added on top of your transaction in the token you are sending. Our contract pays the gas for your transaction on your behalf so your wallet is not linked to the transaction. We determine the gas amount by getting the current gas quote in ETH and converting that to the equivalent value of the tokens you are sending.
At present, the Bermuda wallet only supports ERC-20 type tokens. We frequently poll our community about what tokens they would like to see in the wallet. We also partner with other web3 projects to list their token and allow them to be sent privately. In all cases, the token smart contract must be audited by our devs for security reasons. If the token successfully passes the audit, we will list it in the wallet and coordinate a release announcement with the token community.
Most CEXs give you a unique wallet so transferring in and out of an exchange is generally very easy to trace. Bermuda uses bridging wallets that allow you to send tokens to this unique address, however, your tokens are not stored in these bridging wallets so no balances can be viewed and your activity cannot be linked to it. We have no access to a user's holdings, the contracts wallets are controlled by KMS, which are completely controlled by each user (via web3 signing and verification). Trading fees are significantly cheaper on Bermuda and there is no spread on trades. Bermuda is a decentralized protocol, so users do not need to create accounts or add KYC information and we don't automatically report our users' balances or transactions to tax agencies.
No. Whilst automated contract screeners like Token Sniffer flag that our smart contract has a mint function, it is not able to tell that the mint function could only be used once to mint the initial 10,000,000 supply. No further tokens can be minted, the total supply will only reduce as token burns occur. You can view the current total supply here.
This wallet is a locked allocation of $BMDA that is set aside for listing on exchanges in the future.
When a contract is renounced, the owners lose the ability to call the "onlyowner functions". These functions are required by our team to be able to list new tokens in the Bermuda DAPP, as well as perform management tasks associated with legal compliance. For these reasons, we will not renounce the contract.
Tornado Cash (a popular crypto mixer that was recently blacklisted by the US government due to illegal activity on the platform) released its source code in the public domain, which has led to the crypto mixer space being full of Tornado Cash clones. Unfortunately, these clones have the same foundational problems that got Tornado Cash into trouble. Bermuda was designed from the ground up with completely custom source code and smart contracts to address these issues and provide a simpler, more user-friendly experience, as well as significant functionality improvements, such as the ability to swap and send different tokens.