Tornado Cash (TORN)

Rank #459

Market snapshot

Price
$6.30
Market cap
$33.2M
24h volume
$132,717.50
Circulating supply
5,260,263.4311
Total supply
9,999,997.2468
Max supply
N/A

What is Tornado Cash?

Tornado Cash is a cryptocurrency that functions on the Ethereum platform. Its primary purpose is to provide privacy for users by enabling anonymous transactions. Tornado Cash achieves this by mixing user funds, making it difficult to trace the origin of the assets, thus enhancing user privacy in the Ethereum ecosystem.

Key information

Symbol
TORN
CMC rank
#459
Network / platforms

BNB Chain, Ethereum

Categories
N/A
Date added
Dec 18, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB Chain

    0x1ba8d3c4c219b124d351f603060663bd1bcd9bbf
  • Ethereum

    0x77777feddddffc19ff86db637967013e6c6a116c

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Tornado Cash?
Tornado Cash (TORN) is a cryptocurrency that operates on the Ethereum platform, designed to enhance transaction privacy.
What are the risks associated with transferring Tornado Cash?
Users should verify the contract address and network before transferring assets, as digital asset prices can be volatile.
How can I verify Tornado Cash before acquiring it?
Verify the asset name, network, and any supplied contract details before transferring.
Where can I find official resources for Tornado Cash?
Official resources for Tornado Cash can be found on their website and GitHub repository.

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