Ask about Hinkal

Logo of HinkalHinkal

Total Value Locked$66,938

TVL by Chain

Ethereum$38,682

Solana$11,958

Arbitrum$8,767

Base$5,495

Polygon$1,328

OP Mainnet$372.10

BSC$167.71

Tron$163.36

Arc$2.67

Tempo$1.58

Robinhood Chain$0.94

Key Metrics

DEX Aggregator Volume 30d$8.98m

$573,493

$17,715

$511.31m

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: StrategicInvestors: 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).

WebsiteX/Twitter
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 ($767.08m)Privacy Cash ($2.04m)zERC20 ($97,030)Railgun ($115.11m)VortexoPrivacy Pools ($9.45m)zkBob ($238,953)Privacy Boost ($1.71m)FOOM CashZama ($98.78m)

Frequently Asked Questions

What is Hinkal's TVL?

Hinkal currently has $66,938 in total value locked. TVL has decreased 5.1% over the past 30 days.

What chains does Hinkal operate on?

Hinkal operates on 13 chains: Ethereum, Solana, Arbitrum, Base, and Polygon and 8 others. Ethereum holds the largest share at 57.8%.

How does Hinkal's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Hinkal ranks #14 by TVL. The category holds $995.77m across 42 protocols, and Hinkal accounts for <0.1% of that total. Other leading protocols include Tornado Cash, Privacy Cash, zERC20, Railgun, Vortexo, Privacy Pools, zkBob, Privacy Boost, FOOM Cash, and Zama.

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.