TON Atlas

Staking

Native GRAM prints 17.83% a cycle. Best liquid is Hipo at 17.3%.

April 2026 sub-second blocks jumped validator rewards off the old ~4% floor. Hipo currently posts the highest liquid APY. Tonstakers holds the TVL. Telegram itself is the second-largest staker on the chain. Rank, badge and rate refresh from the protocols. Click any name to verify.

Native APY

17.83%

last closed cycle, Ton Whales

Best liquid

17.3%

Hipo · yearly, last 2 rounds

Staked

1.35B

48.3% of circ.

LST TVL

$220M

DefiLlama, all LSTs

Tonstakers

12.76%

~80% of liquid TVL

Cycle

18h

rewards every round

APY board

Advertised is not realized. Both numbers are on the card.

Ranked by the rate the protocol (or the last closed cycle) currently prints. The smaller figure is the last independent on-chain benchmark (Hipo, July 2026) where one exists. Hours on the card are the wait-the-round path. Hipo Instant and Stakee pay out now if the pool holds free GRAM — Full unstake keeps earning until the round ends. Open the app before you size in — rates move every 18 hours.

01

Native nominators

GRAM · Validator poolsnetwork yield

The actual network yield. ~650M GRAM in the current elected set. Ton Whales pool is the retail door; single-nominator contracts start at 10k GRAM.

$895M TVL · min 10,000 GRAM · unstake up to 18h (one cycle)

17.83%

last completed cycle, Ton Whales

17.5% four prior cycles sat 17.2–18.0%

02

Hipo

hTON · Liquid stakinghighest liquid

Yearly rewards, last 2 rounds — same print as their site, and jumpy. Two exits: Instant while Hipo holds free GRAM (slightly worse rate), or Full after the validation round (better rate, up to ~36h). Small TVL, extra HPO incentives. July on-chain benchmark was 16.7% without HPO.

$9M TVL · min 1 GRAM · unstake instant if free GRAM, else wait the round (~18–36h)

17.3%

yearly, last 2 rounds

16.7% on-chain benchmark, Jul 2026 · ~23% with HPO

03

Stakee

GRAM · Liquid staking

The staking widget in the app is the rate we print. The marketing site still says 21–25% and boosts the figure.

$25M TVL · min 1 GRAM · unstake instant in Telegram

14.23%

widget in the app, live

13.6% same July on-chain benchmark

04

KTON

KTON · Liquid staking

Institutional-grade TonCore LST V2. Audited. Thin TVL. Unstake waits for the round so almost all GRAM stays with validators.

$2M TVL · min 1 GRAM · unstake up to 36h (wait the round)

13.7%

July on-chain benchmark

16% fee on rewards, APY is net

05

Tonstakers

tsTON · Liquid stakingby TVL

The LST that matters by size: most of liquid staking TVL and stakers. Extra APY lives in Tonstakers Earn — that is DeFi, not staking. Landing page still prints ~3% from the old era.

$177M TVL · min 1 GRAM · unstake sell tsTON now, or unwrap ~18h

12.76%

StakingRewards, tsTON

12.9% July benchmark 12.9% · landing page still prints ~3% (stale)

06

UTONIC

uTON · Restaking

Restaking layer on TON. Extra yield comes from securing other services, with extra slashing and contract risk. Do not compare 1:1 with Hipo or native pools.

$4M TVL · min 1 GRAM · unstake depends on the protocol

—

not a clean validator APY

DefiLlama prints TVL, not a rate

07

bemo

bmTON · Liquid staking

Early TON liquid staking. Small TVL, slower exits. Third-party sites still quote ~4% — treat that as leftover from the pre-upgrade era.

$2M TVL · min 1 GRAM · unstake 36–72h cooldown

—

no reliable current print

third LST, long cooldown

Live LST TVL: DefiLlama · Ton Whales cycles · tsTON on StakingRewards

How to stake

Three products. Only one is “just staking”.

Nominator pools

You delegate GRAM to a validator. Minimum 10,000 GRAM on the standard contract. Yield is the network’s — last closed Ton Whales cycle sits around 17–18%. Exit waits up to one 18-hour cycle. No LST, no extra smart-contract surface.

tonwhales.com

Liquid staking

Stake from 1 GRAM, receive a jetton (tsTON, hTON, KTON, bmTON) that keeps accruing. Use it in DeFi while the underlying sits with validators. This is where Hipo / Stakee / Tonstakers compete on APY.

docs.ton.org

LST + DeFi (“Earn”)

Loop tsTON as collateral, LP on STON.fi, restake on UTONIC. Advertised 40–200% is incentives and leverage, not validator rewards. Smart-contract risk, IL, liquidation. A different product.

app.tonstakers.com

Who stakes

Telegram is the #2 staker. Most people miss that.

Dune’s entity map, snapshot around 4 Sep 2026. ~1.35B GRAM staked — 26% of total supply, ~48% of the circulating float. The current elected validator set is smaller (~650M).

TON Strategy

Public treasury. Largest single staker. · 56 nominators

270.3M · 27.34%

Telegram

The messenger itself. One nominator, a fifth of all stake. · 1 nominators

199.1M · 20.14%

Wallet in Telegram

In-app wallet pool. · 49 nominators

53.9M · 5.45%

Kiln

Institutional validator. · 42 nominators

51.9M · 5.25%

Ton Whales

Most nominators of any pool — the retail door. · 5,592 nominators

38.1M · 3.85%

Chorus One

Another institutional bench, lots of small nominators. · 4,993 nominators

10.9M · 1.1%

Full entity table on Dune

Why it is no longer 4%

Sub-second blocks changed the staking math.

Before 9 Apr 2026

~4%

Daily emission ~95k GRAM. Nominator pools sat 2.4–5%. Tonstakers landing pages from that era still quote ~3% — they were not updated.

After Catchain / sub-second

~17%

Block production ~6×. Emission jumped toward ~565k GRAM/day. Validator APY spiked toward 22%, then cooled as more stake came in. Dune’s long-run guess: 8–14% if 50–60% of supply is staked. We are not there yet.

Dune: staking macro · TON docs: liquid staking

If someone quotes 40%+

That is not staking. It is DeFi wearing a staking badge.

Useful, clickable, and a different risk. Open the venue and read the pool — do not take a screenshot of “up to”.

Tonstakers Earn

App quotes ~46% bundled; June posts said “up to 199%” · Looping tsTON, Morpho, Euler, EVAA. Leverage + contract risk.

STON.fi TON–JETTON

Pool print ~55% — tiny TVL, incentive-heavy · Impermanent loss. The rate dies when the farm ends.

STON.fi TON–tsTON

~22% pool APR (weighted 75/25 tsTON/GRAM) · Closest thing to “staking plus fees”. Still an AMM.

Bybit (custodial)

15.2% flexible GRAM, custodial · Exchange risk, not on-chain. You do not hold the keys.

DeFi and walletsGRAM tokenomicsValidators and architecture

Notes

How we count

  • NFT cap = floor × supply. That overstates long-tail collections and understates names, where value sits in the top.
  • Number floor and all-time volume are live from nums888.io (Fragment + Getgems + other books). Getgems-only volume on numbers is lower (~106M). We print the all-market figure.
  • Username (129M) and .ton DNS (8.1M) all-time volumes are Getgems prints. Gift volumes are Getgems all-time; MRKT and Portals add more gift flow that Getgems does not capture.
  • Gift floors are live Fragment asks via GiftsWatch. Getgems is often cheaper. Issued supply is Dune / Fragment “of” after burns.
  • Tracked TMA MAU ~21.3M ≠ Foundation’s 100M+ mini-app figure. The latter includes off-chain sessions.
  • DefiLlama DeFi TVL and liquid-staking TVL refresh live. USDT-on-TON supply is the jetton (TonAPI); DefiLlama’s stablecoin basket is tighter. GRAM price, jetton caps, TVL, numbers, gift floors, ETH NFT floors and staking APYs overlay from live sources every minute.
  • Staking APY: native is the last completed Ton Whales cycle, not the in-progress round. Liquid rates are the number each app currently prints — Hipo’s figure is “yearly rewards, last 2 rounds” and moves every cycle; Stakee’s landing page markets 21–25% and applies a display boost, we use the widget. “Realized” is Hipo’s July 2026 on-chain benchmark. Tonstakers’ marketing site still shows ~3% — stale, pre-upgrade. Earn / LP / restaking (40%+) is a different product.
  • Figures compiled 14 Sep 2026. Live overlay refreshes from nums888, DefiLlama, Coinpaprika, Hipo, Ton Whales, Stakee, StakingRewards, OpenSea, Tonstat, Chainspect, TonAPI, GiftsWatch, The Gram Times. Rounded. Not financial advice.