Total Value Locked$97.63m
TVL by Chain
Ethereum$93.08m
Arbitrum$2.95m
BSC$1.01m
Polygon$585,349.83
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$7,683
Ethereum$6,735
Arbitrum$591
BSC$270
Polygon$87.01
Cumulative Fees$13.48m
Ethereum$12.16m
Arbitrum$753,980.96
BSC$292,366.54
Polygon$276,166.06
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$7,683
Ethereum$6,735
Arbitrum$591
BSC$270
Polygon$87.01
Cumulative Revenue$13.48m
Ethereum$12.16m
Arbitrum$753,980.96
BSC$292,366.54
Polygon$276,166.06
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$121.68m
$RAIL Price$2.03
$121.68m
$RAIL Volume 24h$131,324
CEX Volume$59,073.87
DEX Volume$132,285.84(100.73% of total)
Staked$83.8m(68.87% of mcap)
Treasury$7.6m
$2.17m
Stablecoins$566,111.6
Own Tokens$4.7m
Others$167,779.92
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 $97.63m in total value locked. TVL has increased 29.4% 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 $2.03. Its circulating market capitalization is $121.68m, ranking it #335. Its fully diluted valuation is $121.68m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 10.4% over the past 7 days and up 45.4% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 64.1% 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 $895.21m 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 $7.6m. Its holdings include $566,111.6 in stablecoins, $2.17m in major assets, $4.7m in its own tokens, $167,779.92 in other assets.

