Top 7 TON Blockchain Protocols Ranked by Total Value Locked
The Open Network (TON) has achieved an impressive total value locked (TVL) of approximately $714 million, as reported by DefiLlama. This highlights the widespread usage and implementation of various protocols within the TON blockchain. To provide an overview of the most popular protocols, we have sorted them based on their current TVL in USD.
DeDust Dominates the TON Ecosystem with $344M TVL
DeDust holds the top position in the TON ecosystem with a TVL of $344 million. This substantial figure demonstrates the high level of trust and usage by individuals, establishing DeDust as an active participant in the TON network.
STON.fi Secures Second Place with $315M TVL
STON.fi follows closely in second place with a TVL of $315 million. The substantial volume of assets connected to this protocol indicates significant user support and stability, making it a valuable tool within the TON blockchain ecosystem.
Tonstakers Takes Third Spot with $264M TVL
Tonstakers secures the third position with a TVL of $264 million. This impressive value showcases the protocol’s popularity and the community’s trust in its staking service providers.
Bemo Shows Strong Participation with $77.7M TVL
Bemo currently has a TVL of $77.7 million, positioning it as a significant participant within the TON ecosystem. Although it ranks below the top three, the locked assets clearly demonstrate a considerable number of users actively utilizing its product and services.
EVAA Protocol Gains Ground with $25.5M TVL
EVAA Protocol has a TVL of $25.5 million, highlighting its increasing adoption and people’s confidence in the functionality it offers within the TON blockchain.
Storm Trade Ranks Second to Last with $23M TVL
Storm Trade secures the second-to-last spot on the list with a TVL of $23 million. The growing locked-in value of this protocol can be attributed to the expanding user base and the confidence in its trading possibilities within the TON ecosystem.
Stakee Concludes the List with $22.3M TVL
Stakee completes the list with a TVL of $22.3 million. Despite having the lowest TVL among the top protocols, Stakee plays a crucial role in offering staking services and contributes to the overall functionality of the TON network.
These numbers clearly indicate the ongoing growth and diversification of the TON ecosystem, highlighting the increasing number of people utilizing DeFi on this blockchain.