Ask about Hinkal
Logo of HinkalHinkal
Total Value Locked$59,634.56

TVL by Chain

Ethereum$47,224.42

Arbitrum$5,610.83

Base$4,794.24

Polygon$1,165.31

OP Mainnet$408.83

Solana$206.65

Tron$112.44

BSC$110.09

Tempo$1.75

Key Metrics

DEX Aggregator Volume 30d$1.41m

$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).

WebsiteX/Twitter
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 ($712.8m)zERC20 ($83,049.72)Railgun ($96.34m)Privacy Cash ($2.05m)VortexoPrivacy Pools ($8.97m)zkBob ($231,724.69)Privacy Boost ($1.33m)FOOM CashZama ($60.15m)

Frequently Asked Questions

What is Hinkal's TVL?

Hinkal currently has $59,634.56 in total value locked. TVL has increased 106.4% over the past 30 days.

What chains does Hinkal operate on?

Hinkal operates on 11 chains: Ethereum, Arbitrum, Base, Polygon, and OP Mainnet and 6 others. Ethereum holds the largest share at 79.2%.

How does Hinkal's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Hinkal ranks #14 by TVL. The category holds $882.84m 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.