Logo of HinkalHinkal
Total Value Locked$31,041.75

TVL by Chain

Ethereum$23,548.21

Base$3,151.63

Arbitrum$2,973.03

Polygon$655.93

OP Mainnet$403.04

Solana$197.4

Tron$112.51

Key Metrics

DEX Aggregator Volume 30d$35.29m

$735,998

$107,996

$501.78m

Total Raised$5.5m

Nov 15, 2023$4.1mRound: SeedInvestors: Draper Associates, Psalion, NGC Ventures, Aquanow, No Limit Holdings, Orange DAO, Draper Dragon, Quantstamp, SLVC, Superblock, PeerVC, Blocklabs, web3.com, ODOS, Blockchain Builders Fund, Rough Draft VC

Apr 26, 2024$1.4mRound: Strategic Investors: SALT, Draper Associates, SNZ Capital, Peer Venture Partners

Protocol Information

Hinkal is an institutional-grade protocol enabling confidential on-chain transactions. It is a category-defining solution, that allows liquid funds and retail users to create shielded addresses and transact on major dApps in complete confidentiality (the origin and destination of transaction, value).

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Category:Privacy

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubDEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregatorView code on GitHub

Hacks

Date: Jul 2, 2026

Amount: $820,000

Classification: Protocol Logic

Technique: Deposit Logic Flaw

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Tornado Cash ($732.66m)Railgun ($87.57m)Privacy Pools ($8.65m)Privacy Cash ($1.92m)zkBob ($236,098.2)FOOM CashZama ($59.71m)0x0.ai ($254,488.6)Nocturne ($79,205.77)Typhoon Cash ($41,550.51)

Frequently Asked Questions

What is Hinkal's TVL?

Hinkal currently has $31,041.75 in total value locked. TVL has decreased 22.4% over the past 30 days.

What chains does Hinkal operate on?

Hinkal operates on 7 chains: Solana, Base, Tron, Ethereum, and Arbitrum and 2 others. Ethereum holds the largest share at 75.9%.

How does Hinkal's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Hinkal ranks #10 by TVL. The category holds $891.24m across 35 protocols, and Hinkal accounts for <0.1% of that total. Other leading protocols include Tornado Cash, Railgun, Privacy Pools, Privacy Cash, zkBob, FOOM Cash, Zama, 0x0.ai, Nocturne, and Typhoon Cash.

Has Hinkal ever been exploited?

Hinkal has 1 recorded security incident. The most recent incident occurred on Jul 2, 2026 and involved $820,000. It was classified as Protocol Logic.