Railgun(RAIL)
Total Value Locked$116.66m
TVL by Chain
Ethereum$111.36m
Arbitrum$3.88m
Polygon$733,467
BSC$687,881
Key Metrics
Fees 30d$386,685
Fees 30d by chain
Ethereum$336,132
Arbitrum$38,647
BSC$6,087
Polygon$5,815
Fees 7d$126,021
Ethereum$115,481
Arbitrum$7,403
Polygon$1,872
BSC$1,263
Fees 24h$7,318
Ethereum$6,438
Polygon$496
Arbitrum$343
BSC$40.48
Cumulative Fees$13.75m
Ethereum$12.39m
Arbitrum$786,210
BSC$296,201
Polygon$281,156
Revenue 30d$386,685
Revenue 30d by chain
Ethereum$336,132
Arbitrum$38,647
BSC$6,087
Polygon$5,815
Revenue 7d$126,021
Ethereum$115,481
Arbitrum$7,403
Polygon$1,872
BSC$1,263
Revenue 24h$7,318
Ethereum$6,438
Polygon$496
Arbitrum$343
BSC$40.48
Cumulative Revenue$13.75m
Ethereum$12.39m
Arbitrum$786,210
BSC$296,201
Polygon$281,156
Holders Revenue 30d$225,897
Holders Revenue 30d by chain
Ethereum$225,897
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$2.22m
Ethereum$2.22m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$167.61m
$RAIL Price$2.79
$167.61m
$RAIL Volume 24h$103,384
CEX Volume$58,284
DEX Volume$108,802(105.24% of total)
Staked$116.95m(69.77% of mcap)
Treasury$9.49m
$2.33m
Stablecoins$771,076
Own Tokens$6.17m
Others$228,693
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 $116.66m in total value locked. TVL has increased 22.3% over the past 30 days.
What chains does Railgun operate on?
Railgun operates on 4 chains: Ethereum, Arbitrum, Polygon, and BSC. Ethereum holds the largest share at 95.5%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $386,685 in fees. Of that, $386,685 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 $2.76. Its circulating market capitalization is $165.43m, ranking it #309. Its fully diluted valuation is $165.43m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 4.8% over the past 7 days and up 40.2% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 51.2% 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 $1.012b across 43 protocols, and Railgun accounts for 11.5% of that total. Other leading protocols include Tornado Cash, zERC20, Hinkal, Vortexo, Privacy Pools, Privacy Cash, Zama, The Interfold, 0x0.ai, and zkBob.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $9.49m. Its holdings include $771,076 in stablecoins, $2.33m in major assets, $6.17m in its own tokens, $228,693 in other assets.

