Logo of HinkalHinkal
Total Value Locked$68,016.12

TVL by Chain

Ethereum$54,644.06

Arbitrum$6,179.49

Base$5,189.64

Polygon$1,162.2

OP Mainnet$404.37

Solana$212.98

Tron$112.48

BSC$109.34

Tempo$1.56

Key Metrics

DEX Aggregator Volume 30d$1.97m

$18,644

$502.38m

Total Raised$5.5m

Nov 15, 2023$4.1mRound: SeedInvestors: Draper Associates, Psalion, NGC Ventures, Aquanow, No Limit Holdings, Orange DAO, Draper Dragon, Quantstamp, SLVC, Superblock, PeerVC, Blocklabs, web3.com, ODOS, Blockchain Builders Fund, Rough Draft VC

Apr 26, 2024$1.4mRound: StrategicInvestors: SALT, Draper Associates, SNZ Capital, Peer Venture Partners

Protocol Information

Hinkal is an institutional-grade protocol enabling confidential on-chain transactions. It is a category-defining solution, that allows liquid funds and retail users to create shielded addresses and transact on major dApps in complete confidentiality (the origin and destination of transaction, value).

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Category:Privacy

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubDEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregatorView code on GitHub

Hacks

Date: Jul 2, 2026

Amount: $820,000

Classification: Protocol Logic

Technique: Deposit Logic Flaw

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Tornado Cash ($746.55m)zERC20 ($109,288.88)Railgun ($97.45m)Privacy Cash ($2.02m)VortexoPrivacy Pools ($9.12m)zkBob ($235,876.1)Privacy Boost ($70,494.28)FOOM CashZama ($55.23m)

Frequently Asked Questions

What is Hinkal's TVL?

Hinkal currently has $68,016.12 in total value locked. TVL has increased 135.7% over the past 30 days.

What chains does Hinkal operate on?

Hinkal operates on 9 chains: Solana, Tempo, Base, Polygon, and Ethereum and 4 others. Ethereum holds the largest share at 80.3%.

How does Hinkal's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Hinkal ranks #13 by TVL. The category holds $911.72m across 41 protocols, and Hinkal accounts for <0.1% of that total. Other leading protocols include Tornado Cash, zERC20, Railgun, Privacy Cash, Vortexo, Privacy Pools, zkBob, Privacy Boost, FOOM Cash, and Zama.

Has Hinkal ever been exploited?

Hinkal has 1 recorded security incident. The most recent incident occurred on Jul 2, 2026 and involved $820,000. It was classified as Protocol Logic.