Total Value Locked$97.95m
TVL by Chain
Ethereum$93.23m
Arbitrum$3.2m
BSC$920,545.08
Polygon$607,140.1
Key Metrics
Fees 30d$349,091
Fees 30d by chain
Ethereum$319,980
Arbitrum$14,490
BSC$12,344.16
Polygon$2,276.28
Fees 7d$92,489
Ethereum$88,080
Arbitrum$2,320
BSC$1,541.48
Polygon$549.11
Fees 24h$15,586
Ethereum$14,154
Arbitrum$961
BSC$375
Polygon$96.23
Cumulative Fees$13.44m
Ethereum$12.12m
Arbitrum$750,004.96
BSC$291,550.46
Polygon$275,635.61
Revenue 30d$349,091
Revenue 30d by chain
Ethereum$319,980
Arbitrum$14,490
BSC$12,344.16
Polygon$2,276.28
Revenue 7d$92,489
Ethereum$88,080
Arbitrum$2,320
BSC$1,541.48
Polygon$549.11
Revenue 24h$10,739
Ethereum$9,304
Arbitrum$949
BSC$388
Polygon$98.45
Cumulative Revenue$13.44m
Ethereum$12.12m
Arbitrum$749,992.96
BSC$291,563.46
Polygon$275,637.83
Holders Revenue 30d$202,159
Holders Revenue 30d by chain
Ethereum$202,159
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
BSC$0
Ethereum$0
Polygon$0
Holders Revenue 24h$111,285
Ethereum$111,285
Arbitrum$0
BSC$0
Polygon$0
Cumulative Holders Revenue$2.11m
Ethereum$2.11m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$133.98m
$RAIL Price$2.23
$133.98m
$RAIL Volume 24h$183,703
CEX Volume$65,439.64
DEX Volume$122,078.92(66.45% of total)
Staked$92.52m(69.06% of mcap)
Treasury$8.53m
$2.26m
Stablecoins$550,900.52
Own Tokens$5.54m
Others$181,225.12
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 $97.95m in total value locked. TVL has increased 30.9% 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 95.2%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $349,091 in fees. Of that, $349,091 was protocol revenue. Based on the trailing year, the annualized rate is $4.33m in fees and $4.33m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $2.23. Its circulating market capitalization is $133.98m, ranking it #330. Its fully diluted valuation is $133.98m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is up 22.7% over the past 7 days and up 56.5% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 60.6% 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 $916.82m across 39 protocols, and Railgun accounts for 10.7% of that total. Other leading protocols include Tornado Cash, Hinkal, Vortexo, Privacy Pools, Privacy Cash, Zama, 0x0.ai, zkBob, Nocturne, and Typhoon Cash.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $8.53m. Its holdings include $550,900.52 in stablecoins, $2.26m in major assets, $5.54m in its own tokens, $181,225.12 in other assets.