Total Value Locked$75.13m
TVL by Chain
Ethereum$70.2m
Arbitrum$3.17m
BSC$1.13m
Polygon$624,047.27
Key Metrics
Fees (Annualized)$4.6m
Fees 30d$309,586
Ethereum$284,416
Arbitrum$13,913
BSC$7,727.41
Polygon$3,530.53
Fees 7d$62,524
Ethereum$55,542
BSC$3,007.85
Arbitrum$2,940
Polygon$1,035.23
Fees 24h$7,722
Ethereum$6,964
Arbitrum$397
Polygon$276
BSC$84.27
Cumulative Fees$13.05m
Ethereum$11.76m
Arbitrum$733,486
BSC$278,144.68
Polygon$272,657.53
Revenue (Annualized)$4.6m
Revenue 30d$309,586
Ethereum$284,416
Arbitrum$13,913
BSC$7,727.41
Polygon$3,530.53
Revenue 7d$62,524
Ethereum$55,542
BSC$3,007.85
Arbitrum$2,940
Polygon$1,035.23
Revenue 24h$7,722
Ethereum$6,964
Arbitrum$397
Polygon$276
BSC$84.27
Cumulative Revenue$13.05m
Ethereum$11.76m
Arbitrum$733,486
BSC$278,144.68
Polygon$272,657.53
Holders Revenue (Annualized)$1.65m
Holders Revenue 30d$138,003
Ethereum$138,003
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 7d$93,095
Ethereum$93,095
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Polygon$0
Cumulative Holders Revenue$1.8m
Ethereum$1.8m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$89.36m
$RAIL Price$1.49
$89.36m
$RAIL Volume 24h$103,338
CEX Volume$57,304.47
DEX Volume$44,715.99(43.27% of total)
Staked$61.14m(68.42% of mcap)
$RAIL Liquidity$6.2m
Uniswap V3$4.01m
Uniswap V2$1.22m
SushiSwap$970,097
Treasury$7.16m
$1.76m
Stablecoins$1.48m
Own Tokens$3.86m
Others$68,246.07
Total Raised$7m
Jul 26, 2021$7mRound: Private token saleInvestors: DCG
Protocol Information
RAILGUN secures privacy for DEX trading and lending. Built without any bridge or layer-2, RAILGUN is a smart contract system that gives zk-SNARK privacy to any transaction or smart contract interaction on Ethereum.
Category:Privacy
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All deductions paid by users using Railgun privacy smart contracts.View code on GitHubRevenue: All deductions paid by users using Railgun privacy smart contracts are collected by Railgun treasury contracts.View code on GitHubHolders Revenue: View code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
Frequently Asked Questions
What is Railgun?
RAILGUN secures privacy for DEX trading and lending. Built without any bridge or layer-2, RAILGUN is a smart contract system that gives zk-SNARK privacy to any transaction or smart contract interaction on Ethereum.
What is Railgun's TVL?
Railgun currently has $75.13m in total value locked. TVL has decreased 5.5% over the past 30 days.
What chains does Railgun operate on?
Railgun operates on 4 chains: Ethereum, Polygon, Arbitrum, and BSC. Ethereum holds the largest share at 93.4%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $309,586 in fees. Of that, $309,586 was protocol revenue. Based on the trailing year, the annualized rate is $4.6m in fees and $4.6m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $1.49. Its circulating market capitalization is $89.36m, ranking it #378. Its fully diluted valuation is $89.36m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 0.5% over the past 7 days and down 27.6% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 73.7% below that level.
How does Railgun's TVL compare to similar protocols?
Among Privacy protocols tracked by DefiLlama, Railgun ranks #2 by TVL. The category holds $698.59m across 34 protocols, and Railgun accounts for 10.8% of that total. Other leading protocols include Tornado Cash, Zama, and Privacy Pools.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $7.16m. Its holdings include $1.48m in stablecoins, $1.76m in major assets, $3.86m in its own tokens, $68,246.07 in other assets.

