According to BlockBeats news, the encryption data tracking platform Arkham recently released a report stating that despite being sanctioned by the U.S. Treasury Department in August 2022, Tornado Cash remains the largest cryptocurrency mixer on Ethereum. It is reported that in the past 30 days, $77.35 million in assets were transferred on the Ethereum mainnet through Tornado Cash.

It is worth noting that Tornado Cash can run on 7 different blockchains and supports the mixing of 10 cryptocurrencies. Among them, the native ETH on the Ethereum mainnet is the asset with the largest number of mixing coins. At its peak in July 2021, more than $700 million of ETH was held in the Tornado Cash pool contract.

However, following U.S. Treasury sanctions, assets in Tornado Cash fell by more than 60%, and transfer volumes also dropped significantly. Currently, Tornado’s total value locked (TVL) is approximately $187.9 million. Still, the market remains optimistic about Tornado Cash's prospects.