Railgun
RAIL
$1.95
Current Price
-2.81%
24h Change
Info
RAIL
Symbol
$117.08M
Fully Diluted Valuation
$117.08M
Market Cap
244
Market Rank
60.00M
Total Supply
$287.22K
Total Volume
$2.07
24h High
$1.94
24h Low
About Railgun
Railgun is designed to enhance privacy in decentralized finance by integrating zk-SNARK technology into Ethereum's layer-1, enabling untraceable transactions and smart contract interactions without relying on bridges or layer-2 solutions. This smart contract system empowers users to conduct private trades, leverage platforms, and liquidity provisions across any Ethereum-based decentralized application (dApp), ensuring enhanced security and privacy. By facilitating the accumulation of a private balance, Railgun allows seamless trading without the need for withdrawal, thus maintaining user anonymity while interacting with various DeFi protocols. The RAIL token serves as the governance token for the Railgun DAO, granting stakeholders special governance rights and economic privileges within the ecosystem. This decentralized autonomous organization structure encourages community participation in decision-making processes, fostering a robust and adaptive governance model. Railgun's deployment extends beyond Ethereum, encompassing Binance Smart Chain (BSC) and Polygon, with plans for further expansion. Its innovative approach to privacy and its commitment to security without compromising on scalability make Railgun a notable player in the privacy-focused DeFi space.
Start trading Railgun (RAIL) on Backpack Exchange with competitive fees and advanced trading tools.
FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
Buy Railgun with the Backpack App
Download Backpack to buy, sell and manage your crypto on the go
Top Movers
