ToncoinTON

Toncoin generated $17.4M in gross revenue from Sep 2024 to Sep 2026 (730 days), with $8.7M retained as net revenue. $8.7M accrued to TON token holders. Its primary token utilities include Network Security, Staking Rewards, Gas Token, Ecosystem Currency, and Delegated.

This averages $$23.9K in daily gross revenue across the tracked period.

TON accrues value through 2 mechanisms: Direct Token Burn and Direct Revenue Share.

• Direct Token Burn: 50% of all transaction fees are permanently burned via the Elector smart contract sending fees to a black hole address. Approved by community vote (98.22% in favor) and validators (76.3% in favor), live since June 17, 2023.
• Direct Revenue Share: The remaining 50% of all transaction fees are distributed to validators and their nominators proportionally to their effective stake via the Elector contract, requiring staking TON to be eligible.

Yes, Toncoin burns or redistributes TON tokens via Direct Token Burn. In 2026, approximately $620.0K worth of value was returned to token holders through these mechanisms.

Yearly token holder distributions:

• 2026: $620.0K
• 2025: $3.6M
• 2024: $4.5M

TON serves 5 primary functions within the Toncoin ecosystem: Network Security, Staking Rewards, Gas Token, Ecosystem Currency, and Delegated. The protocol generates fees from user activity, with a portion distributed back to TON holders. Value flows back to token holders through Direct Token Burn and Direct Revenue Share.

Token utilities:

• Network Security: Validators must stake a minimum of 300,000 TON (effectively ~700,000 TON) to participate in BFT PoS consensus, securing the masterchain and shardchains. Nominators can also delegate stake through pools.
• Staking Rewards: Validators and nominators earn staking rewards from both newly minted block rewards (1.7 TON per masterchain block, 1.0 TON per basechain block) and 50% of transaction fees, with estimated APY of 4.02%–5.85%.
• Gas Token: Toncoin is the native gas token for the TON L1, paying for all transaction fees including storage fees, compute fees, forward fees, and action fees, with an average transaction cost of ~0.003 TON.
• Ecosystem Currency: Toncoin functions as the primary medium of exchange across the TON ecosystem, used for DEX swaps, NFT marketplace purchases (e.g., Fragment with $350M+ in sales), lending, liquidity provision, and Telegram-integrated services.
• Delegated: Nominators delegate TON to validators through nominator pools, and validators vote on configuration proposals with weight proportional to their total delegated stake. Protocol parameter changes require approval from validators representing at least 2/3 of total weighted stake.

Value accrual mechanisms:

• Direct Token Burn: 50% of all transaction fees are permanently burned via the Elector smart contract sending fees to a black hole address. Approved by community vote (98.22% in favor) and validators (76.3% in favor), live since June 17, 2023.
• Direct Revenue Share: The remaining 50% of all transaction fees are distributed to validators and their nominators proportionally to their effective stake via the Elector contract, requiring staking TON to be eligible.

In 2026, Toncoin generated $1.2M in gross revenue. Of that, $620.0K was distributed to token holders, $620.0K went to supply-side participants (e.g. liquidity providers).

Year-by-year revenue breakdown:

• 2026: $1.2M gross revenue — $620.0K to holders, $620.0K to supply-side
• 2025: $7.3M gross revenue — $3.6M to holders, $3.6M to supply-side
• 2024: $8.9M gross revenue — $4.5M to holders, $4.5M to supply-side

Toncoin's gross revenue has decreased by 40.1% over the past 90 days compared to the prior 90-day period, from $396.1K to $237.1K.

• Recent 90d daily average: $2.7K/day
• Prior 90d daily average: $4.4K/day