Railgun
- Total value locked
- $115.3M-0.3% 24h
- TVL, 7 days
- +18.5%
- TVL, 30 days
- +24.7%
- Fees, 24h
- $10.48K
- Fees / TVL, annualised
- 3.3%
- Token price
- $2.770-1.6% 24h
- Market cap / TVL
- 1.44
Railgun holds $115.3M in total value locked across 4 chains, with its largest deployment on Ethereum, which ranks it #188 among the DeFi protocols we track. In privacy it ranks #2 of 5; the largest is Tornado Cash with $771.5M. Its value locked is up 18.5% over seven days and up 24.7% over 30 days. Users paid $10.48K in fees over the last 24 hours; at that pace a year of fees would equal 3.3% of its TVL. Its governance token is valued at $166.2M, 1.44 times its TVL.
Deployed on
Value the protocol holds on each chain, largest first.
Largest privacy protocols
Full sector| # | Protocol | TVL | 7d | 30d | Fees 24h |
|---|---|---|---|---|---|
| 1 |  Tornado Cash | $771.5M | +1.4% | +4.8% | $20.92K |
| 2 | Railgun | $115.3M | +18.5% | +24.7% | $10.48K |
| 3 |  Zama | $99.12M | +11.1% | +51.9% | – |
| 4 |  Privacy Pools | $9.48M | +1.1% | +4.3% | $535 |
| 5 |  Privacy Cash | $2.03M | -2.9% | -1.5% | $4.69K |
TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology