Railgun not Intern(@RailgunIntern):Railgun TVL denominated in ETH is holding near ATH, and the capital sitting inside the system has grown YoY — even with the major assets trading lower. The protocol is processing more operations while the average size per transaction shrinks (in the segment it's down 44% YoY). That points to a shift toward more frequent, smaller usage. Fees per transaction have fallen accordingly. But the total volume of fees Railgun collects is still fairly high, only slightly below last spring's peaks.

2026.07.31 17:26

Railgun TVL denominated in ETH is holding near ATH, and the capital sitting inside the system has grown YoY — even with the major assets trading lower. The protocol is processing more operations while the average size per transaction shrinks (in the segment it's down 44% YoY). That points to a shift toward more frequent, smaller usage. Fees per transaction have fallen accordingly. But the total volume of fees Railgun collects is still fairly high, only slightly below last spring's peaks.