Total Value Locked$235,235
TVL by Chain
Arbitrum$117,313
Ethereum$92,235
Robinhood Chain$8,549
Base$6,059
Solana$5,187
Polygon$4,473
BSC$937.91
OP Mainnet$307.65
Tron$166.87
Tempo$2.94
Arc$2.65
Key Metrics
DEX Aggregator Volume 30d$3.26m
DEX Aggregator Volume 7d$804,897
DEX Aggregator Volume 24h$3,474
Cumulative DEX Aggregator Volume$516.68m
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).
Audits:
Hacks
Date: Jul 2, 2026
Amount: $820,000
Classification: Protocol Logic
Technique: Deposit Logic Flaw
Attackers exploited deprecated note format in Hinkal's shielded-pool, performing unauthorized proofless deposits and bypassing proof verification for withdrawals. Attack was isolated to Ethereum.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Hinkal history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 18, 2024 to Nov 13, 2026.
All-time high TVL: $26.8m on Jul 30, 2024. All-time low TVL: $28,657 on Aug 13, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $100,033 |
| Oct 16, 2026 | $98,733 |
| Oct 17, 2026 | $99,624 |
| Oct 18, 2026 | $68,954 |
| Oct 19, 2026 | $69,755 |
| Oct 20, 2026 | $67,338 |
| Oct 21, 2026 | $68,543 |
| Oct 22, 2026 | $62,701 |
| Oct 23, 2026 | $61,684 |
| Oct 24, 2026 | $60,304 |
| Oct 25, 2026 | $60,017 |
| Oct 26, 2026 | $57,040 |
| Oct 27, 2026 | $56,808 |
| Oct 28, 2026 | $57,301 |
| Oct 29, 2026 | $67,396 |
| Oct 30, 2026 | $64,953 |
| Oct 31, 2026 | $134,990 |
| Nov 1, 2026 | $134,170 |
| Nov 2, 2026 | $254,432 |
| Nov 3, 2026 | $251,303 |
| Nov 4, 2026 | $253,085 |
| Nov 5, 2026 | $268,284 |
| Nov 6, 2026 | $252,089 |
| Nov 7, 2026 | $247,323 |
| Nov 8, 2026 | $246,725 |
| Nov 9, 2026 | $241,122 |
| Nov 10, 2026 | $239,181 |
| Nov 11, 2026 | $236,660 |
| Nov 12, 2026 | $226,813 |
| Nov 13, 2026 | $226,627 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $13.02m |
| Jan 31, 2025 | $11.93m |
| Feb 28, 2025 | $8.41m |
| Mar 31, 2025 | $2.49m |
| Apr 30, 2025 | $1.19m |
| May 31, 2025 | $1.5m |
| Jun 30, 2025 | $1.08m |
| Jul 31, 2025 | $1.5m |
| Aug 31, 2025 | $234,626 |
| Sep 30, 2025 | $215,591 |
| Oct 31, 2025 | $113,831 |
| Nov 30, 2025 | $853,797 |
| Dec 31, 2025 | $1.69m |
| Jan 31, 2026 | $1.57m |
| Feb 28, 2026 | $2m |
| Mar 31, 2026 | $1m |
| Apr 30, 2026 | $763,856 |
| May 31, 2026 | $640,140 |
| Jun 30, 2026 | $621,161 |
| Jul 31, 2026 | $40,498 |
| Aug 31, 2026 | $30,804 |
| Sep 30, 2026 | $74,783 |
| Oct 31, 2026 | $134,990 |
| Nov 13, 2026 (latest) | $226,627 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $13.02m |
| Dec 31, 2025 | $1.69m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hinkal
Frequently asked questions
What is Hinkal's TVL?
As of Nov 13, 2026, Hinkal has $235,235 in total value locked. TVL has increased 137.3% over the past 30 days.
What chains does Hinkal operate on?
Hinkal operates on 13 chains: Arbitrum, Ethereum, Robinhood Chain, Base, and Solana and 8 others. Arbitrum holds the largest share at 49.9%.
How does Hinkal's TVL compare to similar protocols?
Among Privacy protocols tracked by DefiLlama, Hinkal ranks #9 by TVL. The category holds $879.52m across 54 protocols, and Hinkal accounts for <0.1% of that total. Similar protocols include Nullmask, Tornado Cash, Privacy Pools V2, Privacy Cash, zERC20, Railgun, Gloam, Vortexo, Privacy Pools V1, and zkBob.
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.