Tornado Cash
Research notes
Total value locked, currently 782,488,138.08 USD and up 3.65 percent over the trailing 7 days, reflects how much activity the mixing contracts are holding at any moment and is a direct measure of protocol usage. The fee figures across different time windows — 24-hour, 7-day, 30-day, and annual — are worth tracking together, since sustained divergence between them would indicate whether recent usage is accelerating or receding relative to longer-term norms. The dilution overhang of 108.55 percent signals that the tokens not yet in circulation represent more than the entire current circulating supply, so the pace at which the remaining 52 percent of the 10,000,000 maximum supply enters circulation is worth monitoring for its effect on the relationship between circulating and fully diluted figures. The price relative to its 200-day average, currently 0.958, and the fact that the asset sits 98.34 percent below its all-time high recorded 2,052 days ago, provide context about where the current price stands within its own historical range.
Written by an AI language model from the figures listed below, on 27 Sep 2026 09:30 UTC.
