Railgun (RAIL) — price, overview & secure storage
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Last Updated on Jun 16, 2026 03:02 AM
What is Railgun? Complete guide to RAIL
What is Railgun and who created it?
RAILGUN is a contract/">smart contract system designed to secure privacy for decentralized-exchange-dex/">decentralized exchange (DEX) trading and lending. It operates on Ethereum without relying on any bridge or layer-2 solutions, providing zk-SNARK privacy to transactions and smart contract interactions. This ensures that users can conduct transactions in a completely untraceable manner.
Key features of Railgun blockchain
RAILGUN allows users to build up a private balance and trade through it without the need to withdraw. It is fully integrated on Ethereum's layer-1, avoiding the security trade-offs associated with layer-2 node systems or cross-chain bridges. The system is designed for deployment on Ethereum, Binance Smart Chain (BSC), Polygon, and potentially other networks in the future.
How Railgun transactions work
By using RAILGUN, users can engage with any decentralized application (dApp) on Ethereum while maintaining privacy. The RAIL token serves as the governance-token/">governance token for the RAILGUN DAO, granting stakers special governance and economic rights within the system. This setup allows users to trade, use leverage platforms, or add liquidity in a private and secure manner.
Wallet for Railgun
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Tangem supports networks for Railgun
- Ethereum
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Similar cryptocurrencies to Railgun (RAIL)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $65,681.61 | 0.30% | $1.32T |
 EthereumETH | $1,768.52 | 3.02% | $0.21T |
 TetherUSDT | $0.9994 | -0.00% | $0.19T |
 BNBBNB | $611.95 | -0.57% | $82.47B |
 XRPXRP | $1.22 | 2.92% | $75.47B |
Frequently asked questions about Railgun (RAIL)
- Railgun is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Railgun stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- They refer to the same cryptocurrency. RAIL is the abbreviated code used in trading platforms.
- You can buy Railgun using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- What is RAILGUN? RAILGUN isa smart contract for professional traders and DeFi users that adds privacy protection to cryptocurrency transactions.
How to store Railgun securely with a hardware wallet
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted Railgun hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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