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Tornado Cash

TORN

Tornado Cash

Decentralized protocol for private transactions

tornado

Twitter

Medium

Categories:

Privacy

Crypto Mixers

Ecosystem:

Ethereum

Optimism

Gnosis Chain

Polygon

BNB Chain

Avalanche

Arbitrum

Founded:

2019

Tornado Cash is a decentralized and non-custodial privacy solution. It improves transaction privacy by breaking the on-chain link between source and destination addresses. This is achieved through a smart contract that accepts ETH and other token deposits from one address, and enables their withdrawal from a different address.

Tornado Cash Team

Tornado Cash

TORN

Add

-2.59%

Total dollar volume24H

$3,329,047

High24H

13.973 USDT

Low24H

12.676 USDT

Market Cap

#473$50,779,389

FDV

$133,259,960

Market Cap / FDV Ratio

0.38

Turnover rate

6.56%

Circulating supply

3,810,550

Total supply

9,999,997

Max supply

10,000,000

All time high

463.5 USDT

All time high date

Feb 13, 2021

Down from All time high

-97.12%

Cycle low

0.563 USDT

Cycle low date

May 21, 2023

Up from cycle low

2266.96%

Official links

Socials

Introduction

With regard to transaction tracing in particular, Tornado Cash seeks to address a variety of privacy and anonymity concerns in the cryptosphere. In August 2019, Tornado Cash v1 was released as an experimental piece of software. Over time, it developed into a fully decentralized, non-custodial system that allows for private transactions.

The Ethereum network's smart contracts are used by Tornado Cash. The on-chain link between the sender and recipient's addresses is broken by the protocol in order to provide this level of secrecy. This technology's use is frequently described as a "decentralized mixer." The immutable nature of the protocol ensures that users of it have the maximum level of privacy because nobody, not even the creators, can alter or tamper with any transactions.

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