Ask about Hinkal
Logo of HinkalHinkal
Total Value Locked$39,913.92

TVL by Chain

Ethereum$19,181.09

Arbitrum$9,725.15

Base$6,654.31

OP Mainnet$3,108.34

Polygon$980.34

Solana$152.34

Tron$112.34

Key Metrics

DEX Aggregator Volume 30d$33.23m

$20.88m

$0

$499.42m

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).

Category:Privacy

Audits:

WebsiteTwitter

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: prooflessDeposit() Exploit

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Tornado Cash ($563.77m)Railgun ($74.26m)Privacy Pools ($8.99m)Privacy Cash ($1.27m)zkBob ($214,438.28)Zama ($45.9m)0x0.ai ($193,779.9)Nocturne ($60,884.94)Typhoon Cash ($31,570.83)Veil Cash ($15,542.46)

Frequently Asked Questions

What is Hinkal?

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).

What is Hinkal's TVL?

Hinkal currently has $39,913.92 in total value locked. TVL has decreased 35.2% over the past 30 days.

What chains does Hinkal operate on?

Hinkal operates on 7 chains: Base, Solana, Tron, Ethereum, and Arbitrum and 2 others. Ethereum holds the largest share at 48.1%.

How does Hinkal's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Hinkal ranks #9 by TVL. The category holds $694.8m across 34 protocols, and Hinkal accounts for <0.1% of that total. Other leading protocols include Tornado Cash, Railgun, 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.