railgun20
$rail
MCAP169.57M
+10.50%

what's railgun?

RAILGUN is an on-chain zero-knowledge privacy ecosystem designed for Ethereum Virtual Machine (EVM) blockchains, enabling users to conduct private DeFi transactions without compromising security or decentralization. It utilizes zk-SNARK proofs to shield assets, allowing private transfers, swaps, and interactions with DeFi protocols while maintaining user anonymity. Key features include the "proof of innocence" mechanism for regulatory compliance, which prevents tainted funds from entering the privacy pool, and broad compatibility across chains like Ethereum, Polygon, Arbitrum, and BNB Smart Chain. The protocol has been praised by Ethereum co-founder Vitalik Buterin for its innovative privacy solutions, including features developed in response to his suggestions, and the Ethereum Foundation has staked its RAIL governance token to participate in governance. RAILGUN's privacy set has grown to over $100 million in shielded value and $3.5 billion in private volume, enhancing network effects for stronger collective privacy.

Snapshot

RAILGUN researcher to feature in private stablecoin podcast Jan 13; featured in Messari valuation report.

contract

ethereum

4D ago
VISIBILITY EVENT

Hosts a podcast episode titled "None of Your Business: Private Stablecoins & the Cypherpunk Revival" featuring a RAILGUN researcher and guests on 2026-01-13 at 7:30 PM ET.

5D ago
VISIBILITY EVENT

Featured in Messari Enterprise Research valuation report analyzing adoption, revenue, and token economics.

2W ago
TECH EVENT

Went live on PulseChain via LibertySwap integration for cross-chain private bridges.

1M ago

The privacy protocol is not open-source software and prohibits free remixing, editing, or modification of its source code.

A lawsuit filed by Perkins Coie alleges that McMeans sent $2.1m through Railgun following the discovery of a $93m loss at Stream Finance on November 2.

Rail World Trade launches as a privacy-first launchpad and AMM on Ethereum L1, built using RAILGUN's ZK privacy technology to enable private token launches and swaps.

PSE publishes a report titled "Why Users Don't Use Privacy" covering user feedback on privacy platforms including RAILGUN, Shutter, 0xprivacypools, fluidkey, and Flashbots.

Vitalik Buterin has put over 1000 ETH into RAILGUN, contributing to the anonymity set that includes Jill's hacker's funds.

A wallet hack victim reports their drained funds were deposited into Railgun.

Inco and 0xPredicate publish a new report on privacy and compliance in blockchain systems that features RAILGUN alongside major projects including Aleo, Avalanche, Solana, and zkSync.

Umbra completes a major metadao raise (double the raise of Solo, triple that of Avici) and positions itself as the privacy layer for Solana, explicitly comparing its role to RAILGUN's position in the EVM ecosystem.

At least 3 new third-party wallet applications with RAILGUN integration will launch publicly between now and Easter, with demos presented at DevConnect last month.

RAILGUN's contracts lack permissive licensing and are unlicensed, maintaining full rights and control with the project team despite being source-available.

Price increases by 174% during Autumn 2025, ranking 8th among the top 10 projects by price growth.

A new project called FacelessPrivacy launches to provide private crypto transactions using RAILGUN technology. The project has 118 followers.

DFX_swiss releases an open source tool allowing users to consensually decrypt transaction history via Viewkey for selective source of funds disclosure.

The Upbit hacker used the protocol to launder funds, bypassing safeguards that were expected to prevent such activity.

TVL reaches approximately $100M, representing a 62% year-over-year increase.

Hardware wallet support for 0zk addresses announced as upcoming feature at EFDevcon Argentina, along with demonstrations of private multi-sig and Kohaku SDK integration.

Vitalik Buterin sends 1000 ETH to the protocol.

Conference feedback from EFDevcon reveals widespread recognition of the project name but limited knowledge of its actual utility and purpose among attendees.

Since launch, the platform processed over $4.2B in shielded transaction volume across roughly 350,000 private transactions, per SeoulDataLabs deep-dive using Dune data.

RAILGUN showcases new Private Multisigs feature at Buenos Aires DeFiConnect Privacy & Compliance Summit with POAP distribution for participants.

A handbook confirms Kohaku SDK adoption across multiple wallets with 2026 as the target year for implementation by every EVM wallet.

Vitalik Buterin showcases the Kohaku privacy framework at Devcon, with Railgun integrated as a current protocol component alongside Privacy Pools in the Ethereum Foundation-advanced open-source effort.

Rainbow wallet co-founder endorses the Kohaku SDK, with popular EVM wallets integrating the technology.

2M ago

RAILGUN joins first wave of speakers at EFDevcon's SOVEREIGN DAY BUENOS AIRES event with Ondo Finance, Solana, Celestia, and other industry leaders.

Railgun generates over $100k in fees per week according to analysis of privacy protocols.

The Kohaku initiative is referenced as an upcoming development that aims to integrate privacy solutions across all EVM wallets. (Tweet ID: 1987680354325414155)

RAILGUN collaborates with Citrea team to develop a shielded pool for Bitcoin, with technical solutions being designed to address censorship concerns and forced inclusion requirements.

RAIL token records over $10,000,000 in daily trading volume despite not being listed on any major exchanges yet.

MetaMask reports RAIL as one of the top 5 swapped tokens this week. (Tweet ID: 1986927391873376417)

Token reaches all-time high and flips privacy competitor ZANO in market position, with collaboration potential discussed between RAIL, Zcash, and NEAR intents for expanded private DeFi access across ecosystems.

A Samourai Wallet developer received a 5-year prison sentence, raising concerns about prosecution risks for privacy-focused developers and projects without clear legal guidelines. (Tweet ID: 1986845985088168271)

RAILGUN held $13.7m in TVL on January 1, 2024, and currently contributes to the $1.2b total private TVL on Ethereum, while competitor Zcash has grown to $2.6b in shielded value. (Tweet ID: 1986822768667525347)

A demo will be presented at DevCon next week showcasing the 1-click privacy wallet integration. (Tweet ID: 1986750281695023615)

Vitalik promotes the project, 77% of tokens are locked up, and a revenue sharing mechanism exists for stakers.

The KOHAKU update is upcoming for the project, which is positioned to enhance regulatory compliance for the privacy application. (Tweet ID: 1986116660630061319)

RAILGUN participates in Encryption Day event in Buenos Aires in 14 days, collaborating with Ethereum Foundation, Arbitrum, and Fhenix on encrypted finance development at Encryption Lab.

RAIL receives $31K in smart money inflows over the last 24 hours, ranking 4th among top projects tracked.

The project is now listed on Token Terminal, a crypto analytics platform.

RocketX integrates with the project to enable frictionless cross-chain swaps across privacy-focused ecosystems.

RAIL jumped 87% in seven days according to CoinGecko data, as the privacy coin sector surged 80% to over $24 billion market cap with trading volume approaching $3 billion.

Wallet integrations are coming to MetaMask and OKX platforms.

Vitalik Buterin co-leads development of Kohaku, the Ethereum Foundation wallet SDK that directly integrates with the project.

Kohaku Wallet, which directly integrates Railgun, will be demoed at EFDevcon.

The Ethereum Foundation features RAILGUN on their new institutional site in the privacy section.

Privacy Pools launches cross-chain using SQD Trace technology, with SQD providing the blockchain data infrastructure required for privacy pools functionality.

Monthly transaction flows exceed $200 million according to a16z crypto's State of Crypto 2025 report.

Wallet demo scheduled for next month.

Shielded Micropay wins RealFi Hack (Logos x Tor Project track) by integrating Railgun with payment channels for private billing of services.

Total shielded volume reaches $4 billion milestone since 2021, with $1.6 billion transacted in 2025 alone.

NOYB session scheduled for October 22, 2025 to discuss Kohaku and Multisig update.

Project contributors lead the Privacy & Compliance Summit 2025 on November 19 in Buenos Aires, focusing on privacy technology within compliance frameworks.

Contributors attend EFDevcon Argentina in November at the Privacy District.

Blockchain investigator ZachXBT bypasses privacy protections to trace Bittensor hacker funds.

Demo of kohaku and rail "1 click" feature scheduled for November, followed by planned wallet implementations.

3M ago

Smart money accumulation detected for RAIL token over the past 24 hours according to on-chain tracking data.

Deposits and spot trading are now live for RAIL token, marking a new exchange listing or trading venue launch.

Ethereum Foundation integrates protocol into privacy wallet toolkit, driving token price up 300%.

Protocol generates $5m in annualized fees according to recent trader analysis, with the token experiencing current upward price momentum.

Kohaku SDK project reveals full list of collaborating development teams beyond RAILGUN, including Ambire, DeFi Wonderland, helios, Privacy & Scaling Explorations, Oblivious Labs, and several individual researchers building the privacy toolkit. $5 price level achieved internally, with chart showing strength despite wider market dump.

RAIL leads altcoin gains today alongside other privacy coins as ETH Foundation launches 'Privacy Cluster' initiative.

RAIL token experiences an 86% price increase to $2.27, marking significant positive price action on October 9.

Protocol successfully develops new privacy feature that was requested by Ethereum co-founder Vitalik Buterin.

Ethereum Foundation is reportedly working on privacy solutions for mainstream crypto assets, according to community sources, with the protocol mentioned as a current solution addressing the need for privacy without exposure to volatile privacy coin prices.

RAIL token experiences weak buying pressure with no demand materializing in current market conditions.

4M ago

A contributor will speak about crypto privacy product-market fit at ETHTokyo on September 12, 2025.

Gearbox Protocol blocks the privacy protocol despite its 'proof of innocence' features.

Protocol achieves $3.7B in total private transaction volume.

Active Governor Rewards program pays $RAIL stakers bi-weekly, funded by 0.25% of protocol volume, amounting to millions in annual rewards.

5M ago

Total transaction volume reaches $3.5B milestone.

Protocol achieves record $127M TVL milestone.

6M ago

Protocol implements private key separation and MPC support through EdDSA signatures, enabling secure multisig functionality and distinguishing it from other privacy solutions.

7M ago

New $2.6M transfer by Vitalik triggers 15% price surge in token value

Vitalik Buterin transfers 693.9 ETH ($1.83M) and 340K USDC to privacy protocol.

Ethereum Foundation stakes 50K RAIL and borrows $2M GHO using 10K WETH as collateral.

Gnosis Guild begins development of NFT-based smart accounts (Mechs) integration, enabling private interaction with major DeFi protocols.

8M ago

Privacy protocol achieves $3B in transaction volume, filling market gap after Tornado Cash sanctions.

Integration with Gnosis Guild's Mech and Pilot enables private lending and staking capabilities.

New integration with KiwiNewsHQ enables anonymous patronage functionality.

Total volume reaches $3B with only 2% ($60M) coming from swaps, indicating unexpected usage patterns.

New integration with Gnosis Guild's Mechs standard enables zero-knowledge addresses for lending, trading, and multi-sig applications.

Protocol identified as part of DPRK's fund mixing chain, handling portions of $1.4B in hacked assets.

Vitalik Buterin endorses project as example of good social philosophy in Ethereum's app layer.

9M ago

Vitalik Buterin endorses project as example of good application with strong decentralization principles.

Whale wallet 0x709 receives 6,924 ETH ($11M) transfer from protocol.

Protocol's security measures successfully prevent $9.5M laundering attempt, redirecting funds to original address.

Vitalik Buterin transfers 250 ETH ($456K) to protocol as donation.

1Y ago

Ethereum-based privacy project with $79M TVL, $4M annualized fees, $63M market cap, and 73% of supply staked. Experiencing growth in 2024.