TON TVL has exceeded $500 million🤯

The total blocked asset value (TVL) on the TON blockchain has surpassed $500 million, an incredible achievement that belongs to everyone in the community🫂

In just 4 months, TVL has grown by 2000% from $22.9 million in March 2024 to over half a billion today.

📊TON DeFi review for the first quarter of 2024

In the first three months of 2024, the total blockchain value (TVL) of TON DeFi has shown a 7x growth! This is primarily due to the launch of the Open League, a long-term program to reward projects and users from the TON community for showing onchain activity.

Another reason for such an explosive interest in TON DEX was the growing popularity of mem-coins⚡️