T

Tornado Cash

TORN Ethereum Token version
Vol
Price
Change 24h
Market Cap N/A
ATH
ATL

Monthly Returns heatmap

Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2022
-38.7%
+73.8%
+19.1%
+12%
-48.3%
-22%
+20.2%
-65.3%
-26.6%
-3.3%
-11.2%
-25.8%
2021
-40.3%
-15.7%
+101%
-11.4%
-6.6%
-24.7%
-20.4%
Best month +101% Aug 2021
Worst month -65.3% Aug 2022
Positive months % 26.3% 5/19

Heatmap summary

Tornado Cash posted 5 positive months out of 19. The longest positive streak lasted 3 months, while the longest negative streak lasted 5 months.

Strongest month
Aug 2021 +101%
Weakest month
Aug 2022 -65.3%
Longest positive streak
3 Feb 2022 — Apr 2022
Longest negative streak
5 Sep 2021 — Jan 2022
Luckiest calendar month
Feb • avg 73.8% • 1 mo.
Unluckiest calendar month
May • avg -48.3% • 1 mo.

Networks

  • Token version
    Namespace
    EVM
    Network relation
    Token version
    Decimals
    18
    Contract
    0x1ba8d3c4c219b124d351f603060663bd1bcd9bbf
    Standard
    BEP-20
  • Primary network Token version
    Namespace
    EVM
    Network relation
    Token version
    Decimals
    18
    Contract
    0x77777feddddffc19ff86db637967013e6c6a116c
    Standard
    ERC-20

Supported exchanges

About the coin

Tornado Cash is a decentralized protocol designed to enhance privacy for cryptocurrency transactions. It operates as a non-custodial liquidity protocol, enabling users to achieve anonymity by breaking the on-chain link between their deposit and withdrawal addresses.

The core functionality of Tornado Cash revolves around a system of smart contracts deployed on various blockchain networks. Users deposit their cryptocurrency into a smart contract, which then issues them a secret note. This note represents their claim to the deposited funds. To withdraw their funds, users present this note to the smart contract, but crucially, they do not need to reveal the original deposit address.

This process effectively pools funds from multiple users, making it difficult to trace the flow of specific assets. By intermingling deposits and withdrawals, Tornado Cash aims to provide a robust solution for users seeking to shield their transaction history from public view.

The protocol supports multiple blockchain networks, offering flexibility and accessibility to a wider range of users. Notable among these are the Ethereum network and the BNB Smart Chain (BSC).

On the Ethereum network, Tornado Cash functions as an ERC-20 token, with its contract address being 0x77777feddddffc19ff86db637967013e6c6a116c. The token operates with 18 decimal places, a standard for many ERC-20 tokens.

Similarly, Tornado Cash is also available on the BNB Smart Chain as a BEP-20 token. The contract address for the TORN token on BSC is 0x1ba8d3c4c219b124d351f603060663bd1bcd9bbf. This implementation also utilizes 18 decimal places.

The native token of the Tornado Cash ecosystem is TORN. This token plays a role in the governance of the protocol, allowing holders to participate in decision-making processes regarding its future development and parameter adjustments.

TORN is an active token within the Tornado Cash ecosystem. Its utility extends beyond just governance, as it can also be used for staking and other functions within the protocol, depending on its evolving design.

The design of Tornado Cash emphasizes decentralization and user control, aiming to provide a censorship-resistant privacy solution. By leveraging zero-knowledge proofs, the protocol can verify the validity of transactions without revealing sensitive information about the participants.

The protocol's commitment to privacy is a key differentiator in the blockchain space, where transparency is often a default characteristic. Tornado Cash offers an alternative for individuals and entities who require enhanced confidentiality for their digital assets.

It is important for users to understand the technical aspects of how Tornado Cash operates, including the role of smart contracts, secret notes, and the underlying cryptographic principles. This understanding is crucial for utilizing the protocol effectively and securely.

The availability of Tornado Cash on multiple chains such as Ethereum and BNB Smart Chain signifies an effort to broaden its reach and cater to the diverse needs of the cryptocurrency community.

Key features of Tornado Cash include:

  1. Enhanced transaction privacy.
  2. Decentralized and non-custodial operation.
  3. Support for multiple blockchain networks.
  4. Governance through the TORN token.
  5. Utilization of zero-knowledge proofs for verification.

Tornado Cash aims to be a foundational tool for building a more private and secure decentralized web, offering a way to transact with greater anonymity.

Trust & methodology

Last updated:

Data source: Price and volume snapshots are maintained from the current Gygaz market dataset for this asset.

About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.