Ask about Tornado Cash · freeTotal Value Locked$667.73m
TVL by Chain
Ethereum$618.75m
BSC$48.35m
Arbitrum$458,555
Gnosis$46,904
Avalanche$42,248
Polygon$42,155
EthereumClassic$22,135
OP Mainnet$22,031
Key Metrics
Fees 30d$405,832
Fees 30d by chain
Ethereum$401,231
BSC$4,553
Arbitrum$41.43
Polygon$2.78
OP Mainnet$0.26
Avalanche$0
Gnosis$0
Fees 7d$49,042
Ethereum$47,681
BSC$1,360
Polygon$0.08
Arbitrum$0
Avalanche$0
Gnosis$0
OP Mainnet$0
Fees 24h$9,972
Ethereum$9,685
BSC$287
Polygon$0.05
Arbitrum$0
Avalanche$0
Gnosis$0
OP Mainnet$0
Cumulative Fees$14.96m
Ethereum$14.6m
BSC$313,035
Arbitrum$40,955
Avalanche$1,183
Polygon$1,049
Gnosis$39.73
OP Mainnet$17.74
Revenue 30d$259,925
Revenue 30d by chain
Ethereum$259,925
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Revenue 7d$32,689
Ethereum$32,689
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Revenue 24h$6,531
Ethereum$6,531
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Cumulative Revenue$9.52m
Ethereum$9.52m
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Holders Revenue 30d$259,925
Holders Revenue 30d by chain
Ethereum$259,925
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Holders Revenue 7d$32,689
Ethereum$32,689
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Holders Revenue 24h$6,531
Ethereum$6,531
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Cumulative Holders Revenue$9.52m
Ethereum$9.52m
Arbitrum$0
Avalanche$0
BSC$0
Gnosis$0
OP Mainnet$0
Polygon$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$3.31m
Earnings 30d$259,925
Earnings 7d$32,689
Earnings 24h$6,531
Cumulative Earnings$9.52m
Market Cap$23.31m
$TORN Price$4.89
Fully Diluted Valuation$48.84m
Outstanding FDV$48.86m
$TORN Volume 24h$106,899
CEX Volume$53,542
DEX Volume$52,084(48.72% of total)
Treasury$23.06m
Majors$16,085
Stablecoins$0
Own Tokens$23.04m
Others$5.22
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees users pay to relayers when withdrawing from Tornado Cash pools through a relayer.View code on GitHubRevenue: TORN deducted from relayer stakes on each relayed Ethereum withdrawal, paid out of the relayer fee and distributed to TORN governance stakers. Other chains have no protocol fee.View code on GitHubHolders Revenue: TORN deducted from relayer stakes on each relayed Ethereum withdrawal and distributed to TORN locked in governance (no TORN is burned).View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Treasury: Value of tokens owned by the protocolHacks
Date: May 20, 2023
Amount: $2.17m
Classification: Governance
Technique: Malicious Proposal
An attacker exploited Tornado Cash governance by proposing a malicious proposal that appeared identical to a previously approved one, gaining voter trust. The malicious code granted 1.2M governance votes to the attacker, exceeding legitimate votes and gaining full governance control. The attacker drained 483,000 TORN tokens ($2.17M) from governance vaults before later proposing its reversal.
Chains: Ethereum
Language: Solidity
Target Type: DAO
Competitors
Tornado Cash history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 17, 2019 to Nov 13, 2026.
All-time high TVL: $1.232b on Nov 10, 2025. All-time low TVL: $2,464 on Dec 17, 2019.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $683.23m |
| Oct 16, 2026 | $692.75m |
| Oct 17, 2026 | $684.62m |
| Oct 18, 2026 | $680.66m |
| Oct 19, 2026 | $682.6m |
| Oct 20, 2026 | $678.86m |
| Oct 21, 2026 | $758.34m |
| Oct 22, 2026 | $830.84m |
| Oct 23, 2026 | $812.39m |
| Oct 24, 2026 | $813.59m |
| Oct 25, 2026 | $811.69m |
| Oct 26, 2026 | $801.14m |
| Oct 27, 2026 | $798.97m |
| Oct 28, 2026 | $816.3m |
| Oct 29, 2026 | $815.71m |
| Oct 30, 2026 | $770.29m |
| Oct 31, 2026 | $774.31m |
| Nov 1, 2026 | $775.76m |
| Nov 2, 2026 | $780.5m |
| Nov 3, 2026 | $781.96m |
| Nov 4, 2026 | $787.62m |
| Nov 5, 2026 | $835.78m |
| Nov 6, 2026 | $776.12m |
| Nov 7, 2026 | $779.22m |
| Nov 8, 2026 | $776.64m |
| Nov 9, 2026 | $739.12m |
| Nov 10, 2026 | $741.7m |
| Nov 11, 2026 | $713.28m |
| Nov 12, 2026 | $706.44m |
| Nov 13, 2026 | $695.87m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $585.34m |
| Jan 31, 2025 | $548.74m |
| Feb 28, 2025 | $423.13m |
| Mar 31, 2025 | $332.96m |
| Apr 30, 2025 | $315.91m |
| May 31, 2025 | $440.89m |
| Jun 30, 2025 | $461.73m |
| Jul 31, 2025 | $671.74m |
| Aug 31, 2025 | $773.18m |
| Sep 30, 2025 | $767.98m |
| Oct 31, 2025 | $850.99m |
| Nov 30, 2025 | $1.011b |
| Dec 31, 2025 | $1.019b |
| Jan 31, 2026 | $669.82m |
| Feb 28, 2026 | $476.62m |
| Mar 31, 2026 | $489.05m |
| Apr 30, 2026 | $561.15m |
| May 31, 2026 | $508.35m |
| Jun 30, 2026 | $428.46m |
| Jul 31, 2026 | $581.97m |
| Aug 31, 2026 | $727.28m |
| Sep 30, 2026 | $764.31m |
| Oct 31, 2026 | $774.31m |
| Nov 13, 2026 (latest) | $695.87m |
TVL at each year end, Dec 31, 2019 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2019 | $157,950 |
| Dec 31, 2020 | $52.35m |
| Dec 31, 2021 | $587.15m |
| Dec 31, 2022 | $165.85m |
| Dec 31, 2023 | $345.51m |
| Dec 31, 2024 | $585.34m |
| Dec 31, 2025 | $1.019b |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $351,622 | $194,158 | $194,158 |
| Jan 2025 | $214,754 | $103,465 | $103,465 |
| Feb 2025 | $134,030 | $55,563 | $55,563 |
| Mar 2025 | $179,765 | $60,116 | $60,116 |
| Apr 2025 | $301,864 | $187,968 | $187,968 |
| May 2025 | $629,964 | $425,698 | $425,698 |
| Jun 2025 | $603,315 | $415,583 | $415,583 |
| Jul 2025 | $426,035 | $291,327 | $291,327 |
| Aug 2025 | $539,646 | $360,523 | $360,523 |
| Sep 2025 | $704,370 | $469,806 | $469,806 |
| Oct 2025 | $623,372 | $399,485 | $399,485 |
| Nov 2025 | $656,059 | $441,777 | $441,777 |
| Dec 2025 | $665,030 | $394,621 | $394,621 |
| Jan 2026 | $490,192 | $318,928 | $318,928 |
| Feb 2026 | $389,098 | $275,324 | $275,324 |
| Mar 2026 | $229,457 | $152,461 | $152,461 |
| Apr 2026 | $223,118 | $149,269 | $149,269 |
| May 2026 | $263,028 | $175,182 | $175,182 |
| Jun 2026 | $335,075 | $235,377 | $235,377 |
| Jul 2026 | $501,070 | $327,306 | $327,306 |
| Aug 2026 | $487,215 | $328,369 | $328,369 |
| Sep 2026 | $517,107 | $351,184 | $351,184 |
| Oct 2026 | $529,983 | $332,302 | $332,302 |
| Nov 2026 (to date) | $101,628 | $67,143 | $67,143 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/tornado-cash
Frequently asked questions
What is Tornado Cash's TVL?
As of Nov 13, 2026, Tornado Cash has $667.73m in total value locked. TVL has decreased 7.4% over the past 30 days.
What chains does Tornado Cash operate on?
Tornado Cash operates on 8 chains: Ethereum, BSC, Arbitrum, Gnosis, and Avalanche and 3 others. Ethereum holds the largest share at 92.7%.
How much has Tornado Cash generated in fees and revenue?
Over the past 30 days, Tornado Cash generated $405,832 in fees. Of that, $259,925 was protocol revenue. Based on the trailing year, the annualized rate is $5.02m in fees and $3.31m in revenue.
What is the TORN token price and valuation?
TORN is currently trading at $4.89. Its circulating market capitalization is $23.31m, ranking it #929. Its fully diluted valuation is $48.84m. Supply currently stands at 4.77m circulating, 10m total supply, 10m maximum supply.
How has TORN performed recently?
TORN is down 19.7% over the past 7 days and down 35.2% over the past 30 days. Its all-time high is $436.16, reached on Feb 13, 2021. The token is currently 98.9% below that level.
How does Tornado Cash's TVL compare to similar protocols?
Among Privacy protocols tracked by DefiLlama, Tornado Cash ranks #1 by TVL. The category holds $880.45m across 54 protocols, and Tornado Cash accounts for 75.8% of that total. Similar protocols include Hinkal, Railgun, Privacy Pools V2, Nullmask, zERC20, Privacy Pools V1, Vortexo, Privacy Cash, zkBob, and Payy.
Does Tornado Cash have a treasury?
Tornado Cash has a tracked treasury currently valued at $23.06m. Its holdings include $16,085 in major assets, $23.04m in its own tokens, $5.22 in other assets.
Has Tornado Cash ever been exploited?
Tornado Cash has 1 recorded security incident. The most recent incident occurred on May 20, 2023 and involved $2.17m. It was classified as Governance.