Total Value Locked$97.23m
TVL by Chain
Ethereum$92.65m
Arbitrum$3.1m
BSC$890,794.44
Polygon$592,070.97
Key Metrics
Fees 30d$340,884
Fees 30d by chain
Ethereum$310,347
Arbitrum$16,527
BSC$11,708.65
Polygon$2,298.86
Fees 7d$90,397
Ethereum$84,263
Arbitrum$4,405
BSC$1,247.08
Polygon$480.81
Fees 24h$7,269
Ethereum$5,584
Arbitrum$1,550
Polygon$103
BSC$32.42
Cumulative Fees$13.46m
Ethereum$12.14m
Arbitrum$753,517.96
BSC$291,393.96
Polygon$275,924.86
Revenue 30d$340,884
Revenue 30d by chain
Ethereum$310,347
Arbitrum$16,527
BSC$11,708.65
Polygon$2,298.86
Revenue 7d$90,397
Ethereum$84,263
Arbitrum$4,405
BSC$1,247.08
Polygon$480.81
Revenue 24h$7,269
Ethereum$5,584
Arbitrum$1,550
Polygon$103
BSC$32.42
Cumulative Revenue$13.46m
Ethereum$12.14m
Arbitrum$753,517.96
BSC$291,393.96
Polygon$275,924.86
Holders Revenue 30d$222,633
Holders Revenue 30d by chain
Ethereum$222,633
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 7d$111,285
Ethereum$111,285
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Polygon$0
Cumulative Holders Revenue$2.11m
Ethereum$2.11m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$128.12m
$RAIL Price$2.14
$128.12m
$RAIL Volume 24h$222,217
CEX Volume$61,884.86
DEX Volume$203,908.02(91.76% of total)
Staked$89.23m(69.65% of mcap)
Treasury$7.83m
$2.18m
Stablecoins$552,375.18
Own Tokens$4.92m
Others$176,196.17
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 $97.23m in total value locked. TVL has increased 29.5% 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 95.3%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $340,884 in fees. Of that, $340,884 was protocol revenue. Based on the trailing year, the annualized rate is $4.3m in fees and $4.3m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $2.14. Its circulating market capitalization is $128.12m, ranking it #335. Its fully diluted valuation is $128.12m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is up 8.5% over the past 7 days and up 57.3% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 62.2% 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 $908.64m across 41 protocols, and Railgun accounts for 10.7% of that total. Other leading protocols include Tornado Cash, zERC20, Hinkal, Vortexo, Privacy Pools, Privacy Cash, Zama, 0x0.ai, zkBob, and Nocturne.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $7.83m. Its holdings include $552,375.18 in stablecoins, $2.18m in major assets, $4.92m in its own tokens, $176,196.17 in other assets.