TON blockchain’s total value locked surpasses $300 million

The total value locked (TVL) on The Open Network (TON) blockchain surpassed $300 million, a tenfold increase since March, driven by The Open League initiative. The surge from $23 million to $315 million is due to decentralized exchanges like Ston.fi and Dedust, and liquid staking projects such as Tonstakers and bemo. Additionally, 1 million wallets were onboarded during the Notcoin token generation event, highlighting TON’s robust architecture.

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