Total Value Locked$79.67m
TVL by Chain
Ethereum$74.49m
Arbitrum$3.34m
BSC$1.17m
Polygon$668,483.71
Key Metrics
Fees (Annualized)$4.62m
Fees 30d$321,543
Ethereum$293,372
Arbitrum$15,868
BSC$8,478.56
Polygon$3,824.3
Fees 7d$62,886
Ethereum$54,669
Arbitrum$5,353
BSC$2,025.56
Polygon$837.3
Fees 24h$7,659
Ethereum$6,644
Arbitrum$619
Polygon$207
BSC$189
Cumulative Fees$13.01m
Ethereum$11.73m
Arbitrum$731,462
BSC$276,749.56
Polygon$271,858.3
Revenue (Annualized)$4.62m
Revenue 30d$321,543
Ethereum$293,372
Arbitrum$15,868
BSC$8,478.56
Polygon$3,824.3
Revenue 7d$62,886
Ethereum$54,669
Arbitrum$5,353
BSC$2,025.56
Polygon$837.3
Revenue 24h$7,659
Ethereum$6,644
Arbitrum$619
Polygon$207
BSC$189
Cumulative Revenue$13.01m
Ethereum$11.73m
Arbitrum$731,462
BSC$276,749.56
Polygon$271,858.3
Holders Revenue (Annualized)$1.73m
Holders Revenue 30d$176,188
Ethereum$176,188
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$89.47m
$RAIL Price$1.49
$89.47m
$RAIL Volume 24h$74,521
CEX Volume$54,803.43
DEX Volume$28,454.33(38.18% of total)
Staked$61.27m(68.48% of mcap)
$RAIL Liquidity$6.2m
Uniswap V3$4.01m
Uniswap V2$1.22m
SushiSwap$970,097
Treasury$7.23m
$1.79m
Stablecoins$1.45m
Own Tokens$3.93m
Others$68,095.69
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 fees paid by users using Railgun privacy services.View code on GitHubRevenue: All fees collected by Railgun.View code on GitHubHolders Revenue: 2% of the treasury is distributed to the claiming mechanism every 2 weeks. This means that every year, ~52% of the treasury goes to stakersView 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 $79.67m in total value locked. TVL has increased 2.1% 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 93.5%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $321,543 in fees. Of that, $321,543 was protocol revenue. Based on the trailing year, the annualized rate is $4.62m in fees and $4.62m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $1.49. Its circulating market capitalization is $89.47m, ranking it #381. Its fully diluted valuation is $89.47m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 6.7% over the past 7 days and down 22.4% 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 $722.89m across 34 protocols, and Railgun accounts for 11% 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 $7.23m. Its holdings include $1.45m in stablecoins, $1.79m in major assets, $3.93m in its own tokens, $68,095.69 in other assets.

