Total Value Locked$95.41m
TVL by Chain
Ethereum$90.97m
Arbitrum$2.89m
BSC$964,706.61
Polygon$582,318.03
Key Metrics
Fees 30d$336,621
Fees 30d by chain
Ethereum$306,183
Arbitrum$16,941
BSC$11,194.65
Polygon$2,298.54
Fees 7d$58,127
Ethereum$51,476
Arbitrum$4,652
BSC$1,358.08
Polygon$639
Fees 24h$11,916
Ethereum$11,370
Arbitrum$261
BSC$206
Polygon$80.02
Cumulative Fees$13.48m
Ethereum$12.16m
Arbitrum$753,650.96
BSC$292,302.54
Polygon$276,159.07
Revenue 30d$336,621
Revenue 30d by chain
Ethereum$306,183
Arbitrum$16,941
BSC$11,194.65
Polygon$2,298.54
Revenue 7d$58,127
Ethereum$51,476
Arbitrum$4,652
BSC$1,358.08
Polygon$639
Revenue 24h$11,916
Ethereum$11,370
Arbitrum$261
BSC$206
Polygon$80.02
Cumulative Revenue$13.48m
Ethereum$12.16m
Arbitrum$753,650.96
BSC$292,302.54
Polygon$276,159.07
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$116.72m
$RAIL Price$1.94
$116.72m
$RAIL Volume 24h$213,790
CEX Volume$68,142.58
DEX Volume$112,955.81(52.83% of total)
Staked$80.86m(69.27% of mcap)
Treasury$7.39m
$2.12m
Stablecoins$571,985.95
Own Tokens$4.54m
Others$162,367.42
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 $95.41m in total value locked. TVL has increased 26.5% over the past 30 days.
What chains does Railgun operate on?
Railgun operates on 4 chains: Ethereum, Arbitrum, BSC, and Polygon. Ethereum holds the largest share at 95.3%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $336,621 in fees. Of that, $336,621 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 $1.95. Its circulating market capitalization is $116.72m, ranking it #341. Its fully diluted valuation is $116.72m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 14.9% over the past 7 days and up 39.4% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 65.5% 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 $881.81m 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 $7.39m. Its holdings include $571,985.95 in stablecoins, $2.12m in major assets, $4.54m in its own tokens, $162,367.42 in other assets.

