Ask about Railgun · freeTotal Value Locked$112.06m
TVL by Chain
Ethereum$107.09m
Arbitrum$3.37m
BSC$923,467
Polygon$671,176
Key Metrics
Fees 30d$374,867
Fees 30d by chain
Ethereum$316,318
Arbitrum$46,175
Polygon$6,996
BSC$5,379
Fees 7d$82,904
Ethereum$69,002
Arbitrum$11,240
Polygon$2,186
BSC$475.94
Fees 24h$13,064
Ethereum$11,394
Arbitrum$902
BSC$731
Polygon$36.94
Cumulative Fees$13.83m
Ethereum$12.46m
Arbitrum$794,333
BSC$297,333
Polygon$276,178
Revenue 30d$374,867
Revenue 30d by chain
Ethereum$316,318
Arbitrum$46,175
Polygon$6,996
BSC$5,379
Revenue 7d$82,904
Ethereum$69,002
Arbitrum$11,240
Polygon$2,186
BSC$475.94
Revenue 24h$13,064
Ethereum$11,394
Arbitrum$902
BSC$731
Polygon$36.94
Cumulative Revenue$13.83m
Ethereum$12.46m
Arbitrum$794,333
BSC$297,333
Polygon$276,178
Holders Revenue 30d$333,438
Holders Revenue 30d by chain
Ethereum$333,438
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 7d$108,036
Ethereum$108,036
Arbitrum$0
BSC$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Polygon$0
Cumulative Holders Revenue$2.96m
Ethereum$2.96m
Arbitrum$0
BSC$0
Polygon$0
Market Cap$156.26m
$RAIL Price$2.60
$156.26m
$RAIL Volume 24h$560,835
CEX Volume$68,215
DEX Volume$413,536(73.74% of total)
Staked$108.04m(69.14% of mcap)
Treasury$8.46m
$2.05m
Stablecoins$793,116
Own Tokens$5.41m
Others$199,233
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: 4.2% (was 2% before July 29, 2026) of the treasury is distributed to the claiming mechanism every 2 weeks.View code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
Frequently Asked Questions
What is Railgun's TVL?
Railgun currently has $112.06m in total value locked. TVL has increased 16% 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 95.6%.
How much has Railgun generated in fees and revenue?
Over the past 30 days, Railgun generated $374,867 in fees. Of that, $374,867 was protocol revenue. Based on the trailing year, the annualized rate is $4.27m in fees and $4.27m in revenue.
What is the RAIL token price and valuation?
RAIL is currently trading at $2.60. Its circulating market capitalization is $156.26m, ranking it #312. Its fully diluted valuation is $156.26m. Supply currently stands at 60m circulating, 60m total supply, 100m maximum supply.
How has RAIL performed recently?
RAIL is down 9.7% over the past 7 days and up 15.6% over the past 30 days. Its all-time high is $5.66, reached on Nov 7, 2025. The token is currently 54.1% below that level.
How does Railgun's TVL compare to similar protocols?
Among Privacy protocols tracked by DefiLlama, Railgun ranks #3 by TVL. The category holds $957.14m across 47 protocols, and Railgun accounts for 11.8% of that total. Other leading protocols include Tornado Cash, zERC20, Hinkal, Vortexo, Privacy Pools, Privacy Cash, Payy, Zama, The Interfold, and 0x0.ai.
Does Railgun have a treasury?
Railgun has a tracked treasury currently valued at $8.46m. Its holdings include $793,116 in stablecoins, $2.05m in major assets, $5.41m in its own tokens, $199,233 in other assets.