TON DeFi Ecosystem Heats Up: APYs Soar as New Protocols Join the Race
The TON blockchain is seeing a major upswing in DeFi activity, with new protocols launching, yields climbing, and developer engagement on the rise. While still in its early stages, the ecosystem is rapidly evolving — and it’s turning heads across the crypto space.
Here’s a breakdown of the latest momentum building on TON DeFi
12 New DeFi Protocols Join TON Since December 2024
The ecosystem’s growth is clearly visible on DeFiLlama’s TON dashboard, which now tracks over a dozen DeFi protocols added since December 2024. These include lending platforms, decentralized exchanges (DEXs), yield vaults, and more.
Top Yield Opportunities on TON Right Now
If you’re yield-hunting, TON is offering some of the most competitive APYs in the multichain space:
- TONCO: Offering an average 37.67% APY over the past 30 days
- Torch Finance: Recently launched tgUSD, a 1:1 USDT-backed stablecoin delivering ~10% APY
- Storm Trade: Vaults now delivering a 9.97% APY on USDT
- STON.fi: One of TON’s leading DEXs, now hitting 13.10% APY
Related: The Open Hack 2025: Where TON, Telegram & Web3 Builders Collide
Key Protocol Launches and Innovations
TON isn’t just attracting liquidity — it’s building out its infrastructure with innovation in mind:
- Titan has launched Colossus, a high-performance Concentrated Liquidity Market Maker (CLMM)
- Swap.coffee introduced Coffee DEX, with fully open-sourced code for builders and developers
- Factorial has rebranded to Affluent, bringing “One-Tap DeFi” to TON for a smoother, more accessible user experience
affluent.org | Rebrand Announcement
Related: TON Foundation Hosts First DeFi Builders Call on June 5
Community-First: Collaboration > Competition
From open-source DEXs to innovative stablecoins, the TON DeFi scene is defined by shared innovation and a collaborative spirit. Builders are contributing publicly, experimenting with sustainable yield models, and creating tools that benefit the broader Telegram-native community.
As more users onboard to TON and more devs ship DeFi primitives tailored for mobile and messaging-based UX, expect the ecosystem to mature quickly — with on-chain volume, TVL, and APYs continuing to climb.
Final Thoughts: Still Early, But Heating Up Fast
TON DeFi is just getting started, but its momentum is undeniable. With rising yields, protocol diversity, and a developer-first ethos, TON is quietly building one of the most dynamic ecosystems in crypto — especially for Telegram-native experiences.
- Track TON’s DeFi metrics in real time on DeFiLlama
- plore top yields here
- Want this update as a Twitter/X thread or infographic? Just say the word.
Related: TON Demo Day Kicks Off June 24 – Meet the Next Wave of Web3 Innovation
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