From TON to GRAM: Understanding the Unified Token Rebrand and Market Liquidity

Over the past few weeks of June and early July, you might have noticed a significant change on your trusted exchanges and in your crypto wallet. The native token of The Open Network, popularly known as Toncoin ($TON), has completed its brand transition and is now trading under the historic name Gram ($GRAM).

Approved by an overwhelming 81.22% support in the network’s governance vote, this rebrand unifies the network’s identity with the original vision of its founder, Pavel Durov. But beyond aesthetics, what does this mean for your capital and your yields in DeFi?

What Exactly Changed? (And What Stays the Same)

As developers and investors, the first thing we must be clear about is that this is a purely cosmetic rebranding. There are no changes to the blockchain infrastructure, and most importantly, you do not need to perform any manual migration.

• What Changes: The asset’s name changes from Toncoin to Gram, the ticker in exchange listings changes from TON to GRAM (for instance, the trading pair is now GRAM/USDT), and the official logo has been updated.
• What DOES NOT Change: The blockchain remains The Open Network (TON). Your public addresses, private keys, smart yield contracts, staking positions, and NFTs remain exactly the same.

Your legacy Toncoin tokens have automatically converted to Gram at an exact 1:1 ratio. If you held 100 TON in your self-custodial wallet or on a supported exchange like Binance, you will now see 100 GRAM reflected without having to lift a finger.

The Return to Roots: Why “Gram”?

The name “Gram” is not new; in fact, it is the original name Telegram designed in its 2018 whitepaper for the native cryptocurrency of its network before regulatory disputes with the SEC in 2020 forced the project to pivot.

Bringing back the Gram name marks the completed fourth step of the MTONGA (Make TON Great Again) roadmap championed by Durov. After accelerating network speed with Catchain 2.0, slashing base fees, and consolidating Telegram as the largest infrastructure validator, the return of Gram closes a chapter of legal distance and returns the historical identity to the ecosystem’s native currency.

This change naturally aligns the token with Telegram’s 900+ million active users, establishing GRAM as the unified payment rail and native currency within the messaging app.

Critical Security Alert: Beware of Impostors

Brand transitions in the crypto world are often the perfect stage for malicious actors. We want to be categorical about this:

There is no claim page, bridge, migration bot, or portal to convert your legacy TON to GRAM.

Any website, private Telegram message, or bot asking you to connect your wallet or enter your seed phrase to “update your balance to GRAM” is a phishing scam. The conversion is automatic and on-chain. If you use a self-custody wallet, the label change will update progressively as software providers update their user interfaces.

Impact on Liquidity and Pools on Ton.bond

The completion of this rebrand in early July brought a complete reorganization of liquidity. Tier-1 centralized exchanges have already migrated their spot and derivatives markets seamlessly.

In the DeFi sector and on the pools we list here at Ton.bond, the impact has been highly positive:

1. Unified Pairs: By removing confusion between the name of the network (TON) and the token (Toncoin), new users onboarding from Telegram can understand liquidity pools (e.g., GRAM/USDT) much more intuitively.
2. Pool Stability: There has been no liquidity fragmentation because no new smart contracts were required for the native token. The transition has not generated any additional slippage or affected the base APY of your active staking or farming pools.

The Gram ecosystem has finally come home, and it does so with the highest liquidity in its history.

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Pro tip: Remember that all pools on our yield table that previously referred to TON are now linked to GRAM. The profitability and collateral of your operations in dApps like STON.fi, DeDust, and EVAA continue to function with absolute normality.