General
Data and Blockchain Activity
Recently, we announced the integration of the TON network on DEXTools. You can trade TON tokens on DEXTools here.
50% off for tokens deployed on TON! Take advantage of our special offer! More info here.
- We’ll talk about TON with a TOP 7 of the top 5 tokens + top 2 DEXs supported by TON.
- And, since numbers matter, we’ll show you the key data and statistics of this new and powerful Telegram blockchain. Here we go!
Overview of the TON Blockchain
- The TON (The Open Network) blockchain is a project originally conceived by the team behind Telegram, with the aim of creating a scalable and user-friendly blockchain platform.
- It is designed to support a wide range of applications, including decentralized applications (dApps), decentralized finance (DeFi), and secure messaging.
- The blockchain uses a unique multi-chain architecture and employs advanced sharding technology to achieve high throughput and low latency.
How it works
- The TON Blockchain utilizes Proof-of-Stake and scaling tech to handle scalability. It’s a network of interconnected blockchains, with the Master Chain storing crucial network data. Work Chains execute smart contracts, ensuring interoperability.
- The system theoretically supports over 4 billion workchains.
Toncoin (TON)
Toncoin, the primary asset in the TON Blockchain, plays a pivotal role in incentivizing validators to uphold network integrity and align with the project’s goals. It supports protocol voting and serves as the ecosystem’s economic unit, facilitating payments for various services.
TON Blockchain Ecosystem
The main features of the TON ecosystem are:
- TON Payments: Facilitates micropayments off-chain, settling balances on-chain.
- TON DNS: Assigns human-readable names to accounts and smart contracts.
- TON Storage: Offers decentralized file storage with blockchain hashing.
- TON Proxy: Enables decentralized VPNs for privacy.
- TON Services: Platform for running applications and smart contracts.
Top 5 Tokens on the TON Blockchain.
1-Toncoin (TON): Toncoin is The Open Network’s native cryptocurrency. It is used for network operations, transactions, games or collectibles built on TON blockchain.
2- Notcoin (NOT): Notcoin started as a viral Telegram game that onboarded millions of users into web3 through a tap-to-earn mining mechanic.
3-Ston (STON): The STON token is the utility token on TON Blockchain, integrated into the core mechanics of the STON.fi protocol. It allows holders to participate in the protocol governance and vote through long-term staking.
4-Resistance Dog (REDO): REDO is a TON-based memecoin named after the dog that became a symbol of Digital Resistance in the Telegram community.
5-Povel Durev (DUREV): It has no association with Pavel Durov (Founder of Telegram), but Degens on TON created this memecoin and it’s getting attention of the entire community.
Top 2 DEXs Supporting TON Token
1- Ston.fi: It’s is an automated market maker (AMM) decentralized exchange (DEX) built on the TON blockchain. Here are some key features:
- Zero Fees and Low Slippage: STON.fi provides virtually zero fees for trading and low slippage, making it cost-effective and efficient.
- Easy Interface: The platform offers an extremely user-friendly interface, making it accessible even for beginners.
- Direct Integration with TON Wallets: Users can seamlessly connect their TON wallets to STON.fi for direct trading.
- Liquidity Pools: STON.fi relies on liquidity pools and algorithms to determine token prices. It offers low to zero slippage.
- Cross-chain support. STON.fi offers cross-chain support for swaps between TON and TRON networks. Users can select assets, generate unique swap addresses, and initiate swaps.
2- DeDust.io: Dedust is also a decentralized Automated Market Maker (AMM) running on TON. It enhances DeFi on the TON Blockchain with several innovative features:
And, as we said, now let’s dive into the numbers. Here they come!
Source: tonstat.com
Data and Blockchain Activity
- Transactions Per Second (TPS): TON is capable of handling thousands of transactions per second due to its efficient sharding mechanism, previously mentioned. The average block time on the TON blockchain is around 2-3 seconds, facilitating quick transaction confirmations.
- The network has processed hundreds of millions of transactions to date, and there are several million active addresses on the TON network, reflecting a growing user base.
- Thousands of smart contracts have been deployed, supporting a variety of decentralized applications (dApps).
- Its Proof-of-Stake (PoS) consensus ensures decentralization and network security.
Numbers speak for themselves, here are the key ones:
TON Network Statistics:
- Total Transactions: More than 4.6 million per day.
- Active Accounts: Around 32.6 million.
- Toncoins Burned per Day: 6,565.
- Toncoins Created per Day: 39,694.
- Total Toncoins in Liquid Staking: 52,704,554.
- NFTs Created: 6,251,927.
Again, you can access TON on DEXTools here.
And that’s it!
Regarding Telegram, you can join our large and active community here.
And, when it comes to numbers, remember that on DEXTools, in addition to the best DeFi tools, you have access to the following:
- 94 Networks.
- 13,825 DEXs.
- 3,984,852 Pools.
- 4,661,686 Tokens.
And we’ll keep on growing! Thank you for your support and happy trading!
