Railgun RAIL

Rank #217 by market cap

$2.57
1H▲2.64% 24H▼5.56% 7D▲4.79%

Last 7 days

High $3.27Low $2.27

CM Profile: Railgun

Cryptominium Profile. What we have established, measured and written about RAIL, and what we have not.

Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold RAIL. How each part is worked out

What changed

Week to 15 October

Nothing we measure moved much this week: the cost of selling on Ethereum, trading volume, reported supply and price are all within their usual range.

From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week

What it actually costs to sell RAIL

Selling $100,000 of RAIL returned 4.5% less than the quoted price — Workable. Measured 2026-10-15 on Ethereum.

See the full measurement How we measure exit cost →

24h low $2.37 24h high $2.73
Market cap
$154.07M
24h volume
$422.86K
Circulating supply
60,000,000 RAIL
Max supply
100,000,000
All-time high
$5.66
▼54.59% from ATH · Nov 2025
All-time low
$0.2283
Nov 2022

What Railgun is

Railgun is a smart contract system that adds zk-SNARK privacy to transactions and smart contract interactions on Ethereum. It is built without a bridge or layer-2 network, operating instead as a fully on-chain privacy layer for DEX trading and lending activity. RAIL is its utility token, giving stakers access to treasury rewards and a vote on protocol updates.

Railgun works by letting users move funds into a private balance and transact through it without withdrawing, using zero-knowledge proofs to shield trade details, transfers, and on-chain activity. Because it runs as a smart contract layer rather than a separate chain or bridge, it does not introduce the security assumptions that come with layer-2 sequencers or cross-chain messaging. According to the source, it is deployed across Ethereum, BSC, Polygon, and Arbitrum, though the measured deployment recorded here is Ethereum only.

RAIL is a governance and rewards token, not a claim on protocol revenue beyond whatever treasury distributions stakers vote to allow; it does not represent equity or a fixed yield. Privacy here is a property of the transaction layer, not a guarantee about every downstream use of funds once withdrawn. CoinGecko's classification spans infrastructure, MEV protection, zero-knowledge, and governance categories, which describes a toolset rather than a single product with one function. The measured deployment on record is Ethereum, singular, whatever multi-chain claims the project makes elsewhere. As with any privacy-focused smart contract system, using it does not exempt a user from regulatory obligations tied to the underlying assets or jurisdiction.

Where RAIL lives

18 decimals
GoPlus reading, 14 October Blocking addresses: none · Pausing transfers: none · GoPlus

On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.

Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.

Links reported by CoinGecko — not checked by us
Classified by CoinGecko as Infrastructure Smart Contract Platform MEV Protection Ethereum Ecosystem Zero Knowledge (ZK) Governance

Price change

1h
▲2.64%
24h
▼5.56%
7d
▲4.79%

Railgun data synced 3m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell RAIL.

The exit-friction index

Once a month we publish what a $100,000 exit really costs across every token we can measure. Leave an address and this month’s figure arrives straight away, and we will write again when the next index publishes. Nothing else, and never to anyone else.