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Tornado Cash TORN

Tornado Cash Price (TORN)
$7.95
0.65% Buy TORN Now

0.0024 ETH

0.0000751 BTC

Buy TORN Now
Low: $7.79
High: $8.49
24h
Market Cap
$41,782,767
0.65%
Fully Diluted Market Cap
$79,471,708
0.65%
Volume
24h
$514
3.56%
Volume / Market Cap
0.0000123
Circulating Supply
5,257,564 TORN
Max Supply
--
Total Supply
9,999,998

Tornado Cash (TORN) Social Signals & Traffic Tracker

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Followers

68.41K

0.06%

Joined at Jul 26, 2019

Following

258

0.00%

Tweet count

346

0.00%

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Tornado Cash telegram
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Members

0.39%

Title

Tornado cash

Tornado Cash traffic
Website Traffic
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Website Rating (DR)

63 / 100

1.56%

Ahrefs Rank

211,386

2.56%

Organic Traffic (mo.)

0

Tornado Cash github
GitHub Organization
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Public repos

47

Created at Dec 05, 2019

Type

Organization

Tornado Cash github
GitHub Public Repository

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Live TORN Price Analysis

The current real time Tornado Cash price is $7.95, and its trading volume is $514 in the last 24 hours. TORN price has plummeted by 0.65% in the last day, and decreased by 1.36% in the last 7 days. It's important to note that current Tornado Cash market capitalization is $41,782,767, Talking about circulating supply, TORN has 5,257,564 coins. Currently, Tornado Cash rank on the market is #487.

Tornado Cash price today is 98.18% below all time high, and it is 701.04% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling TORN are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Tornado Cash (TORN)?

TORN is the native token of Tornado Cash, which is an Ethereum-based non-custodial private transaction protocol. It runs on a self-executable code and is fully permissionless. Make sure to check the Tornado Cash price chart above if you want to see the current TORN price.

Tornado allows private transactions through the use of Ethereum’s smart contracts by breaking down the on-chain connection between the sender's and recipient's addresses. It achieves that by employing zk-SNARKs (zero-knowledge proofs). Such proofs enable a user to demonstrate that he or she has a secret that corresponds to one of the deposits listed in the smart contract without revealing which particular deposit it is.

Thus, Tornado Cash is often referred to as a crypto mixer because it mixes all transactions, this way making it impossible to track which transaction came from where.

Besides, Tornado’s transactions are immutable, which means that no one has the right to alter them, not even developers. This is the case because, in 2020, the developers destroyed their admin keys using the MPC method to make the transactions completely trustless.

Who Founded Tornado Cash?

The Tornado Cash crypto project was founded by Roman Semenov and Roman Storm. Tornado Cash v1 was initially launched in August 2019. In the beginning, it was only experimental software. However, eventually, it became a fully decentralized technology that allows users to make private transactions.

Talking about the founders, Roman Semenov has a degree in quantum statistics and field theory. Apart from founding Tornado Cash, he founded Viking Studio, RedHelper, and PepperSec. Besides, he was also the CSA at a foundation focused on Ethereum’s scalability.

Roman Storm has a degree in metallurgical engineering. In the past, he worked as a software developer in such companies as Betfair, Marketron, Vault12, UserTesting, and Amazon. Besides, he was a blockchain developer at Blockchainlabs.nz and the CTO of the POA Network. Additionally, together with Semenov, he also co-founded PepperSec.

Use Cases of TORN Tokens

The Tornado Cash tokens are based on the ERC-20 token standard. The primary use case of TORN is governance. This means that TORN token users have the right to vote on various decisions that influence the future development of the Tornado Cash crypto project.

Tokenomics of TORN

The max supply of Tornado Cash coins is 10 million. 55% of the supply was locked in the Tornado Cash DAO Treasury. The remaining portion was split between founding developers, early supporters, anonymity mining, and early users of Ethereum pools on Tornado.

Don’t forget to check the Tornado Cash price chart above if you want to see the current (or the previous) TORN price.

Sanctions on Tornado Cash

Unfortunately, due to the complete privacy and anonymity of the Tornado Cash crypto project, it became a reliable tool for hackers to launder money and store stolen funds. Thus, on August 8th, 2022, the U.S. officially sanctioned Tornado Cash after receiving a huge amount of money laundering allegations.

Over the past three years, according to the US Treasury Department, more than $7 billion worth of digital assets have been laundered through Tornado Cash.

These sanctions resulted in a huge TORN price drop and harsh criticism online. In addition to that, the Dutch financial crimes agency arrested a 29-year-old developer in Amsterdam over suspected involvement in laundering money and concealing criminal financial flows of Tornado Cash.

What's Tornado Cash trading volume in the last 24 hours?

TORN has a trading volume of $514 in the last 24 hours.

What's Tornado Cash highest price ever?

TORN has a highest price of $437.41, which was reached on Feb 13, 2021 (3 years 11 months ago).

What's Tornado Cash lowest price ever?

TORN has a lowest price of $0.9921, which was reached on Dec 11, 2022 (2 years 1 month ago).

What are the best exchanges for buying and selling TORN?

Currently, the most active and dominating exchanges for buying and selling Tornado Cash are Binance, Kraken & Kucoin. The most popular Tornado Cash trading pairs are TORN/WETH (on SushiSwap ) . Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping TORN?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Tornado Cash. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Tornado Cash Price
$7.95
Price Change 24h
-$0.0517
0.65%
24h Low / 24h High
$7.79 /
$8.49
All Time High
Feb 13, 2021 (3 years 11 months ago)
$437.41
98.18%
All Time Low
Dec 11, 2022 (2 years 1 month ago)
$0.9921
701.04%
Trading Volume 24h
$514
3.56%
Volume / Market Cap
0.0000123
Market Dominance
0.00%
Market Rank
#487
Market Cap
$41,782,767
0.65%
Fully Diluted Market Cap
$79,471,708
0.65%

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