About Railgun
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. Using Railgun means users can be untraceable when they trade, use leverage platforms, or add liquidity, with absolutely any dApp on ETH. It allows any user to build up a private balance and trade through it without withdrawing. It is fully on eth layer-1, so it does not trade off security by using layer 2 node system or cross-chain bridges. RAIL token is the governance token for the RAILGUN DAO, staking these brings special government and economic rights and privileges over the Railgun system. RAILGUN is designed for deployment on Ethereum, BSC, Polygon, and later others.
Trading Insights
Searched
1
Market Stats
Market Cap
£53.55M
-3.32%
FDV
£69.56M
Circ. Supply
58M RAIL
Max Supply
100M RAIL
Total Supply
58M RAIL
Diluted Valuation
£53.51M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£195.02K
50.46%
Volume (7D)
£1.10M
Volume (30D)
£6.43M
All time high
£2.91
Price Change (1Y)
-16.66%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Railgun has increased by 0.35% in the last hour and decreased by 3.28% in the past 24 hours. Railgun’s price has also fallen by 4.73% in the past week. The current price is £0.70 per RAIL with a 24-hour trading volume of £195.02K. Currently, Railgun is valued at 76.15% below its all time high of £2.91. This all-time high was the highest price paid for Railgun since its launch.
The current circulating supply of Railgun is 57,500,000 RAIL which means that Railgun has as total market cap of £53,547,991.91.
Market details
RAIL vs markets
↘ 48.12%
RAIL vs BTC
↘ 55.14%
RAIL vs ETH
↘ 10.78%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xe76C6c83af64e4C60245D8C7dE953DF673a7A33D |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.70 | ↘ 3.28% |
1 Day | £0.72 | ↘ 3.28% |
1 Week | £0.72 | ↘ 4.73% |
1 Month | £0.71 | ↘ 4.04% |
1 Year | £0.86 | ↘ 16.66% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
RAILGUN is a privacy and anonymity system built on the Ethereum blockchain. According to the whitepaper, RAILGUN is developed by a group of people who are passionate about data privacy. RAILGUN aims to allow users to interact with DEX platforms and utilize smart contracts through the host network. RAILGUN does not attempt to oust third-party verifications, but rather gives the users the ability to decide who can access their information.
Public blockchains contain data and information of all users. This data is easily accessible for everyone who is participating in the blockchain ecosystem. The developers of RAILGUN believe that privacy is an integral factor and should be prioritized for its users. RAILGUN seeks to provide anonymity by keeping the actions of the users a secret.
RAILGUN aims to implement zero-knowledge proofs in order to ensure its users that they can store their assets in their original forms. The developers of the project believe that to achieve proper anonymity, assets need to be stored privately without public knowledge. By creating an ecosystem where privacy, transactions, and trade activities all take place, RAILGUN aims to offer its users a large anonymity pool.
RAIL is the governance token for the RAILGUN platform. The RAIL token is designed to provide incentives to users who participate in the governance of RAILGUN. Holders of the RAIL token can vote on the governance proposals on the platform. To be able to vote, holders have to stake their RAIL tokens. One token equals one vote. The RAIL token is to be channeled into liquidity pools. The users who contribute to the early pools can exert governance rights within the RAILGUN platform. The anonymous nature of the liquidity pools can aim to protect the identity of the token holders. The developers envision that this anonymity can help to develop a robust ecosystem that would lead to RAILGUN DAO.
The whitepaper of RAILGUN was released in July 2021. The project was founded by Emmanuel Goldstein. Kieran Mesquita is the chief scientist of the project, while Dr. Andrey Kravchenk is the project manager. Phil Huang, Edward P. Fricker, Alyssa G., and Dr. Geoff Goodell are the advisers to the RAILGUN project. A total of 100 million RAIL tokens is to be the maximum total supply.
We update our Railgun to GBP currency in real-time. Get the live price of Railgun on Coinbase.
The current market cap of Railgun is £53.55M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Railgun is £2.91. This all-time high is highest price paid for Railgun since it was launched.
Over the last 24 hours, the trading volume of Railgun is £195.02K.
Assets that have a similar market cap to Railgun include Aura Network, XOXNO, mfercoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Railgun is 58 million.
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Legal
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