PC: Railgun X page
One of the strongest privacy plays I’ve researched recently has to be Railgun Project.
The deeper you look into the protocol, the revenue structure, and the actual onchain usage, the more the whole thing starts looking heavily underpriced.
and you learn RAILGUN is about to lead the privacy run.
So What Even Is Railgun?
RAILGUN is a smart contract-based privacy system deployed directly on Ethereum, Polygon, BSC, and Arbitrum. It uses zk-SNARKs — zero-knowledge proofs — to let users transact privately without ever leaving their native chain. No wrapped tokens. No bridges. No separate privacy chain you have to migrate to.
The core mechanism is a private balance system. When you deposit into RAILGUN, your assets move into a shielded pool where your address, transaction amounts, and activity become invisible onchain. You can then interact with DeFi protocols, send funds, or swap — all while staying shielded. When you’re done, you withdraw back to your public wallet.
It essentially puts a privacy layer over the EVM without breaking anything.
Why this is viral tech
Most privacy tools up to this point forced a tradeoff: go private, or stay in DeFi. Pick one. RAILGUN killed that tradeoff. It lets users shield assets in private balances for confidential DeFi interactions and transfers without having to bridge or leave the chain. Making privacy seamless.
That’s the unlock. You can use Uniswap, Aave, or any other dApp through RAILGUN’s Relay Adapt system and the protocol shields your activity end-to-end. Private DeFi — not private storage. That distinction matters a lot.
Use Cases That Make Sense
Traders who don’t want their positions and wallet activity front-run or trackedDAOs and protocols making treasury moves without broadcasting strategy onchainIndividuals in high-surveillance environments who need financial privacy as a baselineWallets and dApps that want to offer privacy as a native feature without building it from scratch
The demand isn’t theoretical. It’s already there — which is exactly why the revenue numbers make sense.
Railgun Revenue Structure
Charging 0.25% on shielded deposits & withdrawals means the revenue stream is certain.
This is generating around $4M in annualised revenue alone, with over $90M in TVL. 100% of these fees hit the treasury every week. And 2% goes to the active governors (stakers who participate in the governance), while the rest builds the Railgun protocol.
This setup creates a strong flywheel that brings about higher usage and more revenue at a time when privacy is increasingly in demand.
Railgun is revenue-generating infrastructure when compared to other privacy protocols like ZEC or Monero.
The flywheel on real active revenue + token utility gives it a strong base.
I’m Mimi Marcus. An interesting writer obsessed about living and having fun while letting my curiosity guide my pen.
I am the best web3/crypto content writer and virtual assistant, and here on Medium I do a blend of interesting web3 topics and projects while also talking about the things that keep me up, break my heart or make my day.
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Who is Leading the next Privacy Run? was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.