Market cap
$157.39M
-4.34 %
Volume (24h)
$288.94K
-4.34 %
Circulating supply
57,500,000 RAIL
Total supply
57,500,000 RAIL
Max. supply
100,000,000 RAIL
Railgun (RAIL)
$ 2.61
-4.34 %
Main info
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Key data
updated $0Market cap$157.39M
Volume 24h$288.94K
Circulating supply57.5M57% of max 100M
All-time high$5.66-54% from peak · 2025-11-07
Railgun (ticker RAIL) is a privacy-focused cryptocurrency built as a layer of private smart contracts on top of existing blockchains like Ethereum. In simple terms, it lets users make transfers and interact with DeFi without exposing their wallet activity to the public. The RAIL token powers governance and rewards within this privacy system.
Frequently asked questions
What is Railgun and how is it different from other privacy coins?
Railgun is a privacy protocol that runs on top of existing smart contract chains rather than being a standalone blockchain like Monero or Zcash. Instead of moving funds to a separate network, users shield their tokens in a private pool and transact through zero-knowledge proofs. This means Railgun can bring privacy to assets that already live on major blockchains, including DeFi interactions.
How does Railgun's technology work?
Railgun uses zero-knowledge proofs, specifically zk-SNARKs, to prove that a transaction is valid without revealing who sent it, who received it, or how much was transferred. Funds are held in a shielded pool, and the system relies on the security and consensus of the underlying chain it sits on. There is no separate Railgun consensus mechanism — it inherits the base blockchain's security.
How is RAIL issued and what is the supply limit?
RAIL has a hard cap of 100,000,000 coins, meaning no more than that will ever exist. A portion of the supply is distributed as rewards to users who provide liquidity to Railgun's privacy pools. The fixed cap makes the token's maximum supply fully predictable over time.
How can you store and use RAIL?
Since RAIL is an ERC-20 style token on Ethereum-compatible chains, it can be stored in any wallet that supports such tokens, like MetaMask or a hardware wallet. Beyond holding, RAIL is used for governance voting on protocol decisions and can be staked to earn a share of protocol fees. Always double-check the contract address before transferring.