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Railgun(RAIL)
Total Value Locked$117.79m
TVL by Chain
Ethereum$112.5m
Arbitrum$3.99m
BSC$676,165
Polygon$634,522
Key Metrics
Fees 30d$377,478
Fees 30d by chain
Ethereum$325,791
Arbitrum$39,118
Polygon$6,585
BSC$5,985
Fees 7d$120,705
Ethereum$110,618
Arbitrum$6,471
Polygon$2,477
BSC$1,139
Fees 24h$8,703
Ethereum$7,397
Polygon$644
Arbitrum$592
BSC$69.65
Cumulative Fees$13.78m
Ethereum$12.43m
Arbitrum$785,740
BSC$296,356
Polygon$276,196
Revenue 30d$377,478
Revenue 30d by chain
Ethereum$325,791
Arbitrum$39,118
Polygon$6,585
BSC$5,985
Revenue 7d$120,705
Ethereum$110,618
Arbitrum$6,471
Polygon$2,477
BSC$1,139
Revenue 24h$8,703
Ethereum$7,397
Polygon$644
Arbitrum$592
BSC$69.65
Cumulative Revenue$13.78m
Ethereum$12.43m
Arbitrum$785,740
BSC$296,356
Polygon$276,196
Holders Revenue 30d$225,402
Holders Revenue 30d by chain
Ethereum$225,402
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$2.85m
Ethereum$2.85m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$146.19m
$RAIL Price$2.44
$146.19m
$RAIL Volume 24h$98,414
CEX Volume$79,877
DEX Volume$962,614(978.13% of total)
Staked$103.29m(70.66% of mcap)
Treasury$8.6m
$2.31m
Stablecoins$777,229
Own Tokens$5.29m
Others$218,294
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: 4.2% (was 2% before July 29, 2026) of the treasury is distributed to the claiming mechanism every 2 weeks.View code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
Frequently Asked Questions
What is Railgun's TVL?
Railgun currently has $117.79m in total value locked. TVL has increased 18% over the past 30 days.
What chains does Railgun operate on?
Railgun operates on 4 chains: Ethereum, Arbitrum, BSC, and Polygon. Ethereum holds the largest share at 95.5%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $377,478 in fees. Of that, $377,478 was protocol revenue. Based on the trailing year, the annualized rate is $4.28m in fees and $4.28m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $2.44. Its circulating market capitalization is $146.19m, ranking it #332. Its fully diluted valuation is $146.19m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 6.4% over the past 7 days and up 19.1% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 56.9% 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 $1.001b across 46 protocols, and Railgun accounts for 11.6% of that total. Other leading protocols include Tornado Cash, zERC20, Hinkal, Vortexo, Privacy Pools, Privacy Cash, Payy, Zama, The Interfold, and 0x0.ai.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $8.6m. Its holdings include $777,229 in stablecoins, $2.31m in major assets, $5.29m in its own tokens, $218,294 in other assets.