Hinkal
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Protocol TVL
About Hinkal
Hinkal is an institutional-grade protocol enabling confidential on-chain transactions. It is a category-defining solution, that allows liquid funds and retail users to create shielded addresses and transact on major dApps in complete confidentiality (the origin and destination of transaction, value).
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Security & Audits
Hinkal Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Apr 18, 2024Listed on DeFiLlama
Protocol Profile
Hinkal operates in the Privacy category of DeFi. It is deployed across 5 chains, including Ethereum, Arbitrum, Base, Optimism and 1 other chain. The codebase has been independently audited (5 reports on file).
TVL Distribution by Chain
TVL spans 5 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Hinkal runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Arbitrum, Base), so a fault on any one of them would affect a large slice of users. 5 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer.
Official Resources & Links
Verified external resources for Hinkal — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Privacy protocols on Mantapex
Hinkal is one of 7 Privacy protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tornado Cash, Railgun, Aztec Connect, and 3 more. These peer protocols collectively secure $661.8M in deposits, giving you a frame of reference for whether Hinkal's own TVL is at the top, middle, or tail of the category.
Recent Hinkal news
Latest reporting from major crypto news outlets covering Hinkal.
- Cryptonews
Decentralized Protocol Hinkal Launches Privacy-Focused ETH Derivatives
Hinkal Protocol, a multi-chain privacy layer for confidential on-chain transactions, said it is launching “hETH” 一 an ETH liquid privacy derivative.
- Crypto Economy
Polygon Launches Private Stablecoin Payments Through Zero‑Knowledge Integration With Hinkal
Polygon launched a new private stablecoin payments feature aimed at institutions and enterprises, through an integration with the Hinkal privacy protocol. The tool allows users to…
- Cryptopolitan
Polygon puts shielded stablecoin payments on crypto's radar
Polygon has partnered with Hinkal to introduce shielded stablecoin transfers, prioritizing ZK proofs to hide transaction details on a public ledger.
- Blockonomi
Polygon Wallet Launches Shielded USDC and USDT Payments Using Zero-Knowledge Proof Technology
Polygon partners with Hinkal to offer private stablecoin transfers with built-in KYT compliance.
- Coinpaper
Polygon Makes a Sharp Move Into Private Stablecoin Payments
Polygon launched private stablecoin payments for institutions, using Hinkal privacy technology to shield USDC and USDT transaction details.
- Bitcoin
Polygon Unveils Private Stablecoin Payments to Lure Traditional Finance
The solution, which uses zero-knowledge proofs to verify every transfer, will allow companies moving large volumes to maintain the secrecy of these movements, improving…
Related protocols
Other DeFi protocols connected to Hinkal by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
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Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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