Total Value Locked$88.45m
TVL by Chain
Ethereum$83.57m
Arbitrum$3.38m
BSC$893,983.74
Polygon$596,670.44
Key Metrics
Fees (Annualized)$4.39m
Fees 30d$276,383
Ethereum$250,413
Arbitrum$14,534.96
BSC$8,298.04
Polygon$3,136.59
Fees 7d$82,054
Ethereum$75,336
Arbitrum$4,302
BSC$1,894.06
Polygon$521.16
Fees 24h$11,959
Ethereum$10,450
Arbitrum$1,252
BSC$150
Polygon$106
Cumulative Fees$13.25m
Ethereum$11.95m
Arbitrum$745,148.96
BSC$283,392.6
Polygon$274,505.08
Revenue (Annualized)$4.39m
Revenue 30d$276,383
Ethereum$250,413
Arbitrum$14,534.96
BSC$8,298.04
Polygon$3,136.59
Revenue 7d$82,054
Ethereum$75,336
Arbitrum$4,302
BSC$1,894.06
Polygon$521.16
Revenue 24h$11,959
Ethereum$10,450
Arbitrum$1,252
BSC$150
Polygon$106
Cumulative Revenue$13.25m
Ethereum$11.95m
Arbitrum$745,148.96
BSC$283,392.6
Polygon$274,505.08
Holders Revenue (Annualized)$1.64m
Holders Revenue 30d$183,906
Ethereum$183,906
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
BSC$0
Ethereum$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Polygon$0
Cumulative Holders Revenue$1.89m
Ethereum$1.89m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$123.43m
$RAIL Price$2.06
$123.43m
$RAIL Volume 24h$309,984
CEX Volume$56,830.76
DEX Volume$287,481.11(92.74% of total)
Staked$84.57m(68.52% of mcap)
$RAIL Liquidity$6.2m
Uniswap V3$4.01m
Uniswap V2$1.22m
SushiSwap$970,097
Treasury$9.31m
$2.31m
Stablecoins$1.57m
Own Tokens$5.14m
Others$276,887.96
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.
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's TVL?
Railgun currently has $88.45m in total value locked. TVL has increased 7.6% over the past 30 days.
What chains does Railgun operate on?
Railgun operates on 4 chains: Ethereum, Polygon, BSC, and Arbitrum. Ethereum holds the largest share at 94.5%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $276,383 in fees. Of that, $276,383 was protocol revenue. Based on the trailing year, the annualized rate is $4.39m in fees and $4.39m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $2.05. Its circulating market capitalization is $122.94m, ranking it #331. Its fully diluted valuation is $122.94m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is up 43% over the past 7 days and up 32.8% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 63.8% 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 $895.64m across 35 protocols, and Railgun accounts for 9.9% of that total. Other leading protocols include Tornado Cash, Hinkal, Privacy Pools, Privacy Cash, Zama, 0x0.ai, zkBob, Nocturne, Typhoon Cash, and Silent Protocol.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $9.31m. Its holdings include $1.57m in stablecoins, $2.31m in major assets, $5.14m in its own tokens, $276,887.96 in other assets.
