Total Value Locked$100.57m
TVL by Chain
Ethereum$95.91m
Arbitrum$3.04m
BSC$1.03m
Polygon$592,719.27
Key Metrics
Fees 30d$336,140
Fees 30d by chain
Ethereum$306,571
Arbitrum$16,400
BSC$10,940.65
Polygon$2,225.15
Fees 7d$68,431
Ethereum$62,054
Arbitrum$4,556
BSC$1,242.08
Polygon$577.73
Fees 24h$6,015
Ethereum$4,707
Arbitrum$722
BSC$456
Polygon$131
Cumulative Fees$13.47m
Ethereum$12.15m
Arbitrum$753,451.96
BSC$292,099.54
Polygon$276,098.05
Revenue 30d$336,140
Revenue 30d by chain
Ethereum$306,571
Arbitrum$16,400
BSC$10,940.65
Polygon$2,225.15
Revenue 7d$68,431
Ethereum$62,054
Arbitrum$4,556
BSC$1,242.08
Polygon$577.73
Revenue 24h$6,015
Ethereum$4,707
Arbitrum$722
BSC$456
Polygon$131
Cumulative Revenue$13.47m
Ethereum$12.15m
Arbitrum$753,451.96
BSC$292,099.54
Polygon$276,098.05
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$124.62m
$RAIL Price$2.08
$124.62m
$RAIL Volume 24h$252,236
CEX Volume$57,059.62
DEX Volume$195,437.67(77.48% of total)
Staked$87.26m(70.02% of mcap)
Treasury$7.75m
$2.21m
Stablecoins$565,630.15
Own Tokens$4.8m
Others$172,127.72
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 $100.57m in total value locked. TVL has increased 34.7% over the past 30 days.
What chains does Railgun operate on?
Railgun operates on 4 chains: Ethereum, Arbitrum, Polygon, and BSC. Ethereum holds the largest share at 95.4%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $336,140 in fees. Of that, $336,140 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 $2.08. Its circulating market capitalization is $124.62m, ranking it #338. Its fully diluted valuation is $124.62m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 4.5% over the past 7 days and up 53.7% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 63.3% 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 $919.76m across 41 protocols, and Railgun accounts for 10.9% 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 $7.75m. Its holdings include $565,630.15 in stablecoins, $2.21m in major assets, $4.8m in its own tokens, $172,127.72 in other assets.

