TON Wallet introduces onchain yield for BTC, ETH, USDT
Wallet in Telegram has rolled out BTC, ETH and USDT Vaults in TON Wallet, enabling users to access onchain yield strategies directly within Telegram through a self-custodial wallet.
The Vaults are powered by Morpho (lending infrastructure), TAC (the EVM execution layer of the TON ecosystem), and Re7 (DeFi strategy curator and risk manager). Together, they bring established DeFi infrastructure into TON Wallet without requiring users to leave the Telegram interface.
Earlier this month, Wallet introduced wETH and cbBTC (Coinbase-issued wrapped BTC) to TON via TAC, marking the first time Ethereum and Bitcoin liquidity became available within the TON ecosystem.
With the launch of Vaults, these assets can now be deployed into structured onchain strategies directly inside TON Wallet.
How it works
The Vaults operate on Morpho, deployed on TAC. TAC enables Ethereum-native protocols and liquidity to function within the TON ecosystem, allowing established DeFi infrastructure to integrate with TON Wallet.
Re7 supports strategy design and ongoing risk oversight within the Morpho ecosystem, curating the Vault strategies made available to users.
From the user perspective, assets are deposited into a selected Vault, while strategy execution occurs fully onchain.
Available Vaults
- USDT Vaults. Dollar-denominated onchain strategies with multiple risk profiles and APY ranges. The highest-yield USDT strategy currently offers a blended APY of up to 18%, powered by Re7.
- ETH Vault. Onchain yield strategies for Ethereum exposure within TON, with up to 3% APY.
- BTC Vault. Yield strategies for Bitcoin exposure via cbBTC, with up to 2% APY.
Why this matters
By integrating Vaults into Telegram, TON Wallet makes onchain yield strategies more accessible within an app people already use every day.
“At Wallet in Telegram, our mission is to transform digital assets from complex concepts into practical tools for everyday life,” said Andrew Rogozov, Founder and CEO of The Open Platform (TOP) and Wallet in Telegram. “With Vaults in TON Wallet, we are bridging the gap between sophisticated DeFi protocols and hundreds of millions of users. Access to self-custodial vault strategies for ETH, BTC and USDT directly within the TON ecosystem is a significant step toward making decentralized finance more accessible.”
What’s next
Wallet in Telegram will soon introduce seamless deposits of native BTC and ETH directly into TON Wallet. Once deposited, these assets will automatically be represented as cbBTC and wETH.
This update will simplify cross-chain transfers and expand the utility of Bitcoin and Ethereum within the TON ecosystem, while maintaining a fully onchain, self-custodial experience.
Read further in The Block