TON 网络超越乐观，成为 TVL 第十大区块链

尽管 TON 网络对于去中心化应用程序 (DApps) 生态系统来说相对较新，但它已经超越 Optimism 成为第十大区块链

The native coin of The Open Network, a layer-1 blockchain initially developed by the Telegram messaging app, is Toncoin (TON). With over 900 million active Telegram users, the TON ecosystem is largely driven by this massive user base.

开放网络是最初由 Telegram 消息应用程序开发的第 1 层区块链，其原生货币是 Toncoin (TON)。 TON 生态系统拥有超过 9 亿活跃 Telegram 用户，这在很大程度上是由这一庞大用户群驱动的。

Despite being a relatively new addition to the decentralized applications (DApps) ecosystem, the TON Network has quickly ascended to become the tenth largest blockchain by total value locked (TVL), surpassing Optimism in the rankings.

尽管 TON 网络是去中心化应用程序 (DApps) 生态系统中相对较新的成员，但按总锁定价值 (TVL) 计算，TON 网络已迅速跃升为第十大区块链，在排名中超过了 Optimism。

Upcoming plans include Bitcoin bridge and EVM compatibility

即将推出的计划包括比特币桥和 EVM 兼容性

On June 26, Singapore-based investment firm Foresight Ventures and Bitget crypto exchange announced the launch of a $20 million TON ecosystem fund to support early-stage projects and TON-based applications. Earlier this year, the exchange also launched an official Telegram signal trading recommendation bot, enabling group owners to integrate this functionality free of charge.

6 月 26 日，总部位于新加坡的投资公司 Foresight Ventures 和 Bitget 加密货币交易所宣布推出 2000 万美元的 TON 生态系统基金，以支持早期项目和基于 TON 的应用程序。今年早些时候，该交易所还推出了官方 Telegram 信号交易推荐机器人，使群主可以免费集成此功能。

Another significant development contributing to TON’s success is the upcoming launch of the TON applications chain, a layer-2 network built on top of the TON blockchain. This project, announced on July 9 and supported by The Open Platform, will utilize Polygon’s technology and feature compatibility with the Ethereum Virtual Machine (EVM). As a result, developers will be able to easily port DApps to the new TON layer-2 solution.

促成 TON 成功的另一个重大发展是即将推出 TON 应用链，这是一个构建在 TON 区块链之上的第 2 层网络。该项目于 7 月 9 日宣布并得到开放平台的支持，将利用 Polygon 的技术以及与以太坊虚拟机 (EVM) 的兼容性。因此，开发人员将能够轻松地将 DApp 移植到新的 TON 第 2 层解决方案。

Additionally, the TON Foundation has partnered with 1inch and Sign to launch a Web3 startup accelerator called Triangle. This initiative, announced on July 10, will focus on play-to-earn mini-games, following the successful launch of the Telegram-based game Notcoin. On July 17, OKX exchange also announced the integration of the TON network into its standalone Web3 wallet, enabling users to manage and swap assets using Toncoin’s blockchain.

此外，TON 基金会还与 1inch 和 Sign 合作推出了名为 Triangle 的 Web3 创业加速器。继成功推出基于 Telegram 的游戏 Notcoin 后，该计划于 7 月 10 日宣布，将重点关注边玩边赚钱的迷你游戏。 7 月 17 日，OKX 交易所还宣布将 TON 网络集成到其独立的 Web3 钱包中，使用户能够使用 Toncoin 的区块链管理和交换资产。

More recently, on July 18, the TON Foundation announced its Teleport Bitcoin BTC $66,454 bridge, which will allow integration with TON ecosystem DApps, including decentralized exchanges (DEX) and lending platforms. Blockchain bridges facilitate the transfer of tokens or data between different networks. To secure this bridge, the TON Network employs measures such as a trustless architecture and a “simplified payment verification client.”

最近，7 月 18 日，TON 基金会宣布推出 Teleport Bitcoin BTC $66,454 桥接器，该桥接器将允许与 TON 生态系统 DApp 集成，包括去中心化交易所 (DEX) 和借贷平台。区块链桥促进了不同网络之间代币或数据的传输。为了确保这座桥梁的安全，TON 网络采用了去信任架构和“简化的支付验证客户端”等措施。

BTC

比特币

$66,454

$66,454

TON Network’s declining volumes and airdrop frenzy

TON 网络交易量下降和空投狂潮

Among the TON Network’s most successful DApps are the decentralized exchanges DeDust and Ston Fi, which boast total deposits of $383 million and $301 million in their respective protocols. However, a closer examination of the network's activity reveals that some top DApps are struggling to maintain trading volumes, and a handful of airdrops appear to be driving user growth.

TON 网络最成功的 DApp 包括去中心化交易所 DeDust 和 Ston Fi，它们在各自协议中的总存款额分别为 3.83 亿美元和 3.01 亿美元。然而，对网络活动的仔细检查表明，一些顶级 DApp 正在努力维持交易量，而少数空投似乎正在推动用户增长。

During the week ending July 19, the two largest TON Network DApps experienced a significant drop in activity. DeDust's trading volumes fell by 63%, while Ston Fi's volumes decreased by 38%. Notably, the growth in unique active addresses — which serves as a proxy for the number of users engaging with DApps on the network — was largely driven by airdrop anticipation from mini-games such as CatizenAI and Yescoin.

在截至 7 月 19 日的一周内，两个最大的 TON 网络 DApp 的活动量大幅下降。 DeDust 的交易量下降了 63%，而 Ston Fi 的交易量下降了 38%。值得注意的是，唯一活跃地址的增长（作为网络上使用 DApp 的用户数量的代表）主要是由 CatizenAI 和 Yescoin 等迷你游戏的空投预期推动的。

Apart from the excitement generated by new DApps targeting the play-to-earn market, decentralized finance applications like DeDust saw a 19% decrease in weekly users, while Ston Fi recorded only a 4% increase in active addresses during the same period. Additionally, there were complaints about the token allocation in recently launched projects such as Pixelverse.

除了针对即玩即赚市场的新 DApp 带来的兴奋之外，DeDust 等去中心化金融应用程序的每周用户数下降了 19%，而 Ston Fi 同期的活跃地址仅增加了 4%。此外，最近推出的 Pixelverse 等项目的代币分配也受到了抱怨。

Related: Telegram to Get Mini App Store by the End of July — Pavel Durov

相关：Telegram 将于 7 月底推出迷你应用商店 — Pavel Durov

On the social network X, user MB complained about how the Pixelverse token launch motivated bots by rewarding users for simply creating an account and linking it to social media platforms. Furthermore, the analysis highlighted the lack of vesting information and a large allocation to influencers (KOLs) that could increase sell pressure.

在社交网络 X 上，用户 MB 抱怨 Pixelverse 代币的发布如何通过奖励用户创建帐户并将其链接到社交媒体平台来激励机器人。此外，分析还强调，行权信息的缺乏以及对影响者（KOL）的大量分配可能会增加抛售压力。

While The Open Network does not directly influence the projects launching on its blockchain, the demand for TON is largely driven by the growth of its DApps ecosystem, which in turn is influenced by how token launches on the TON Network are handled. Given that this ecosystem is still in its early stages, it may be too soon to judge the sustainability of these airdrops and token launches.

虽然开放网络不会直接影响在其区块链上启动的项目，但对 TON 的需求很大程度上是由其 DApp 生态系统的增长驱动的，而这反过来又受到 TON 网络上代币启动处理方式的影响。鉴于该生态系统仍处于早期阶段，现在判断这些空投和代币发行的可持续性可能还为时过早。