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Hinkal

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).

Category:Privacy

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

DateTVL
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

DateTVL
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

DateTVL
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.