cryptonist

DeFi protocols

Railgun

Data as of 3 October 2026 · Official site

Railgun is a protocol DefiLlama files under Privacy, deployed on 4 chains. On 3 October 2026 it held $115.1M in total value locked, up 23.9% over 30 days, placing it 204th of 225 protocols in this set. DefiLlama recorded $394K in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $49K at the start of the series, $115.1M at the end. $0 $50.0M $100.0M $150.0M $200.0M Jan 22Mar 23May 24Aug 25Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and Railgun at 204. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
204 Railgun $115.1M

See all 225 protocols

TVL by chain

TVL by chain, Railgun, 3 October 2026. Source: DefiLlama.
ChainUSD
Ethereum $109.8M
Arbitrum $4.0M
Binance $678K
Polygon $674K

Fees recorded by DefiLlama

Fees recorded by DefiLlama, Railgun, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $10K
30 days $394K
1 year $4.3M

About Railgun

Category: Privacy. Deployed on 4 chains. Listed by DefiLlama on 2022-01-27.

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. (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.