Hoops Finance released a major authentication update enabling passkey-controlled smart accounts on Soroban, allowing users to authorize DeFi operations via biometric authentication without seed phrases or browser extensions. The founder detailed months of foundational work building the custom authentication layer, demonstrating a complete DeFi lifecycle from account creation through multi-protocol atomic deposits and withdrawals.
Hoops Finance published a detailed devlog announcing the completion of passkey-based authentication for its smart account protocol on Stellar's Soroban. The update explains how the team spent months building the authentication layer that was always part of the original architecture but required substantial cryptographic and contract-level work. Users can now create accounts controlled entirely by hardware-backed biometric keys, with on-chain signature verification inside the smart contract itself. The founder demonstrated the full workflow including atomic multi-protocol deposits, withdrawals, and reward claims—all authenticated by a single fingerprint. The post emphasizes security-first development, ongoing audit preparation, and a clear roadmap toward session keys and automated liquidity management. The team is also committing to more regular community updates after a period of focused heads-down development.
