Market Cap: $3.6019T 1.500%
Volume(24h): $145.7083B -25.870%
  • Market Cap: $3.6019T 1.500%
  • Volume(24h): $145.7083B -25.870%
  • Fear & Greed Index:
  • Market Cap: $3.6019T 1.500%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$104985.874503 USD

2.73%

ethereum
ethereum

$3387.368592 USD

5.63%

xrp
xrp

$3.151812 USD

0.96%

tether
tether

$0.999904 USD

0.05%

solana
solana

$263.624632 USD

6.49%

bnb
bnb

$685.539380 USD

0.27%

dogecoin
dogecoin

$0.356909 USD

1.21%

usd-coin
usd-coin

$0.999994 USD

0.00%

cardano
cardano

$0.998704 USD

3.21%

tron
tron

$0.257449 USD

4.35%

chainlink
chainlink

$26.180496 USD

7.10%

avalanche
avalanche

$35.891349 USD

1.20%

stellar
stellar

$0.435391 USD

3.74%

sui
sui

$4.407567 USD

0.46%

toncoin
toncoin

$5.114198 USD

-1.66%

Cryptocurrency News Articles

KTON Targets $6.12 Billion Liquid Staking Opportunity on TON, Tapping Telegram’s 950 Million Users

Jan 24, 2025 at 10:00 pm

KTON, Launching February 2025, Poised to Unleash 18X Growth in TON’s Liquid Staking Market

KTON Targets $6.12 Billion Liquid Staking Opportunity on TON, Tapping Telegram’s 950 Million Users

KTON, an institutional-grade liquid staking protocol incubated by TONX, is gearing up for its V1 launch in February 2025. Backed by top VC firms from the Asia-Pacific region, TONX is also behind TONX API, the leading developer platform trusted by Blum, Catizen, Google Cloud, and over 20 leading projects. Tonkey, a multisig solution managing $400M in assets and adopted by the TON Foundation, is also a TONX venture. Now, KTON is set to enter the United States and global markets with its enterprise-grade liquid staking solution for both institutional and retail users.

Recently, Telegram announced it will exclusively support The Open Network (TON) for its blockchain ecosystem. Being built specifically for TON users, KTON is uniquely positioned to capitalize on this growth. Building on TONX’s success in the API and security space, KTON is positioned to capture the $6.12 billion TON liquid staking market opportunity.

KTON allows users to stake TON and receive $KTON in return, unlocking liquidity without sacrificing staking rewards. Unlike existing solutions that often concentrate risk or lack robust standardization, KTON provides institutional-grade security tailored for family offices, trusts, and exchanges. Users can start staking with as little as 1 TON, and there is no lock-up period.

Unlocking TON’s $6.12B Liquid Staking Market Potential

In the realm of blockchain ecosystems, Lido Finance spearheads the scene with its dominance in Ethereum's LST market, boasting an impressive $30B TVL. KTON aims to harness a similar potential within TON's nascent LST market, currently valued at $0.36B.

“Our research reveals that TON’s LST ratio matches Solana at 10% of staked tokens, yet TON’s total staking rate is merely 13.7% versus Solana’s 69%. This indicates a 5x growth potential. Furthermore, if TON’s LST ratio reaches Ethereum’s 36%, the market could surge 18X, unlocking an additional $6.12B in value,” said Dr. Awesome Doge, founder of TONX and KTON. “KTON aims to bridge this gap by providing the infrastructure needed to unlock this liquidity and drive TON’s DeFi expansion.”

This staking service will unlock liquidity, enabling seamless integration with leading TON native DEXs and protocols, and more DeFi giants entering TON like Ethena and Curve Finance. TON users can then pursue flexible and stable yield strategies through various DeFi opportunities while maintaining their staking rewards.

KTON Sets New Standards for TON Liquid Staking Infrastructure

KTON is addressing the critical challenges of existing liquid staking solutions, such as concentration risks and lack of standardization, by introducing a decentralized protocol with institutional-grade security.

To further enhance accessibility, KTON is launching a Telegram Mini App designed for the platform’s 950M users in a move to bridge DeFi adoption and mainstream accessibility. By integrating liquid staking directly within Telegram, KTON simplifies the process, ensuring that anyone can participate with ease. This innovative approach positions KTON to drive the widespread adoption of TON blockchain technology, expanding its reach in the US market and globally.

The platform's roadmap extends beyond staking rewards. Following the launch of KTON V1, a planned upgrade will introduce a dual-token model featuring $KTON and a new governance token. This system allows $KTON holders to earn rewards while actively participating in KTON DAO governance.

Unlock Your Yield with KTON, Launching February 2020

With its enterprise-grade staking services, KTON is poised to seize the $6.12 billion market potential in TON’s liquid staking ecosystem. Launching this February, KTON provides the most secure and user-friendly solutions for both retail and institutional clients, enabling them to unlock liquidity, maximize staking rewards, and confidently participate in TON’s thriving DeFi ecosystem. KTON’s commitment to security, combined with a decentralized governance structure, makes KTON a trusted choice for staking at scale.

For partnerships and customized solutions, contact: contact@kton.io

About KTON

KTON is a next-generation liquid staking protocol built for the TON ecosystem, designed to unlock liquidity for both retail and institutional users. Through its liquid staking token $KTON, users can participate in TON’s growing DeFi ecosystem while earning staking rewards. Combining institutional-grade security with decentralized governance and seamless Telegram integration, KTON aims to drive TON’s ecosystem growth and mass adoption.

About TONX

Founded in 2021, TONX is a SuperApp platform layer driving the new Web3 economy. As a cornerstone of the TON ecosystem, it delivers powerful tools like TONX API, a trusted RPC solution integrated with over 20 leading projects, and Tonkey, a secure multi-signature wallet managing over $400 million in assets.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 25, 2025