Rank #465
9,575 people like this
tornado cash  (TORN)

Tornado Cash (TORN)

$65.54 8.6%
0.00146213 BTC 5.9%
0.02079792 ETH 4.9%
9,575 people like this
24H Range
Market Cap $76,820,250
24 Hour Trading Vol $68,086,598
Fully Diluted Valuation $655,802,949
Total Value Locked (TVL) $678,605,859
Fully Diluted Valuation / TVL Ratio 0.97
Market Cap / TVL Ratio 0.11
Circulating Supply 1,171,392
Total Supply 10,000,000
Max Supply 10,000,000
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Tornado Cash (TORN) Price Chart

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TORN Price and Market Stats

TORN Price $65.58
Market Cap $76,979,761
Market Cap Dominance 0.00%
Trading Volume $68,117,125
Volume / Market Cap 0.8791
24h Low / 24h High $59.34 / $66.31
7d Low / 7d High $54.72 / $76.07
Market Cap Rank #464
All-Time High $436.16 -84.9%
Feb 13, 2021 (7 months)
All-Time Low $26.45 148.4%
Jul 20, 2021 (2 months)

Tornado Cash Coin Price & Market Data

Tornado Cash price today is $65.54 with a 24-hour trading volume of $68,086,598. TORN price is up 8.6% in the last 24 hours. It has a circulating supply of 1.2 Million TORN coins and a total supply of 10 Million. If you are looking to buy or sell Tornado Cash, Uniswap (v2) is currently the most active exchange.

tornado cash - how it works

What is Tornado Cash?

Tornado Cash is a decentralized, non-custodial privacy solution built on Ethereum. It improves transaction privacy by breaking the on-chain link between recipient and destination addresses. Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits. These deposits can be withdrawn by any on-chain address. Whenever an asset is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring asset privacy.

Tornado Cash uses zero knowledge proofs (zk-SNARKs) to achieve privacy. When a user decides to make a withdrawal, the user must provide proof that he or she possesses a secret corresponding to one of the smart contract’s list of deposits. zk-SNARK technology allows this proof to be verified without the user needing to reveal which exact deposit corresponds to their secret. The smart contract then checks the proof, and transfers deposited funds to the address specified by the withdrawal transaction. Any external observer is unable to determine which deposit this withdrawal is linked to.

TORN Token breakdown

What is the TORN token?

TORN is Tornado Cash’s native governance token. It’s a fixed-supply ERC-20 token that is used for voting on protocol upgrades and fixes.

How many TORN are there in circulation?

The TORN governance token has a fixed total supply of 10,000,000. 5% of the supply is allocated to previous protocol users via an airdrop, 10% to liquidity mining rewards (distributed linearly over 1 year), 30% to founding developers and early supporters (unlocked over 3 years with a 1 year cliff), and 55% to the protocol treasury (unlocked linearly over 5 years).

Tornado Cash News & Guides

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