Comparing APY Across TON Protocols
How Ton.bond aggregates real-time yields and what to watch out for.
Annual Percentage Yield (APY) is the most common metric to compare DeFi opportunities, but it’s only useful if you understand what’s behind it.
Where the yield comes from
Different protocols generate yield in very different ways:
- Liquid staking — protocols like Tonstakers stake your TON and pay out staking rewards.
- AMM liquidity — Ston.fi and DeDust pay swap fees to liquidity providers.
- Lending markets — interest paid by borrowers.
Why APYs change
APY is dynamic: it moves with utilization, fees, token emissions and market conditions. A pool showing 40% today can drop to 8% next week. Always check:
- The base vs boosted yield (with token emissions).
- The TVL behind the pool — very thin pools are volatile.
- Risks: smart contract, impermanent loss, depeg.
Ton.bond pulls these numbers in real time so you can compare apples to apples.
Related posts
From TON to GRAM: Understanding the Unified Token Rebrand and Market Liquidity
We analyze the historic transition from Toncoin to Gram (GRAM), what actually changes in your wallets, the history of this name, and how to avoid post-rebrand scams.
Telegram Becomes TON’s Primary Validator: How Does It Affect Your Yields?
Analyzing the historic strategic move by Pavel Durov to turn Telegram into TON's largest validator and its direct impact on the DeFi ecosystem.
Durov’s 7 Steps: Why TON is Winning the Race for Mass Adoption
Analyzing Pavel Durov's efficiency vision and projecting the key pillars that could drive TON's mass adoption in the coming months.