Cryptocurrency news

TVL on the TON network has exceeded $600 million

Forklog / 17.06.2024 / 10:07
TVL on the TON network has exceeded $600 million

The total value of blocked assets (TVL) on The Open Network (TON) exceeded $605 million. Blockchain ranks 15th in the ranking of the largest DeFi ecosystems, according to DeFi Llama.

Data: DeFi Llama.

The top 3 largest TVL projects of the network include the decentralized DeDust and StoneFi exchanges, as well as the Tonstakers liquid staking service.

On June 15, the Toncoin price updated ATH at $8.25. The previous maximum was recorded on June 14.

According to CoinGecko, at the time of writing, TON is trading at $7.76.

Earlier, the addition of Toncoin was announced by the European trading platform Robinhood Crypto, the American venture fund Pantera Capital announced a "record" amount of investment in the project, and Tether entered into a partnership with The Open Network and the Oobit service to "create a seamless cross-chain payment solution."

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