Ask about TON Hedge · freeTotal Value Locked$25,305
TVL by Chain
TON$25,305
Key Metrics
Options Premium Volume 30d$0
Options Premium Volume 7d$0
Cumulative Options Premium Volume$43,373
Options Notional Volume 30d$0
Options Notional Volume 7d$0
Cumulative Options Notional Volume$2.84m
Protocol Information
Options trading protocol on ton_blockchain
Methodology
TVL: Counts TON Hedge smartcontract balance as TVL.View code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHubCompetitors
TON Hedge history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 6, 2024 to Oct 27, 2026.
All-time high TVL: $581,961 on Dec 17, 2024. All-time low TVL: $22,833 on Sep 3, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $25,341 |
| Sep 29, 2026 | $25,336 |
| Sep 30, 2026 | $25,336 |
| Oct 1, 2026 | $25,330 |
| Oct 2, 2026 | $25,338 |
| Oct 3, 2026 | $25,343 |
| Oct 4, 2026 | $25,343 |
| Oct 5, 2026 | $25,341 |
| Oct 6, 2026 | $25,343 |
| Oct 7, 2026 | $25,346 |
| Oct 8, 2026 | $25,333 |
| Oct 9, 2026 | $25,329 |
| Oct 10, 2026 | $25,325 |
| Oct 11, 2026 | $25,325 |
| Oct 12, 2026 | $25,320 |
| Oct 13, 2026 | $25,317 |
| Oct 14, 2026 | $25,325 |
| Oct 15, 2026 | $25,313 |
| Oct 16, 2026 | $25,318 |
| Oct 17, 2026 | $25,315 |
| Oct 18, 2026 | $25,318 |
| Oct 19, 2026 | $25,318 |
| Oct 20, 2026 | $25,316 |
| Oct 21, 2026 | $25,323 |
| Oct 22, 2026 | $25,328 |
| Oct 23, 2026 | $25,314 |
| Oct 24, 2026 | $25,318 |
| Oct 25, 2026 | $25,318 |
| Oct 26, 2026 | $25,313 |
| Oct 27, 2026 | $25,307 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $150,970 |
| Dec 31, 2024 | $137,948 |
| Jan 31, 2025 | $87,755 |
| Feb 28, 2025 | $83,609 |
| Mar 31, 2025 | $72,919 |
| Apr 30, 2025 | $69,191 |
| May 31, 2025 | $55,908 |
| Jun 30, 2025 | $52,021 |
| Jul 31, 2025 | $47,643 |
| Aug 31, 2025 | $43,899 |
| Sep 30, 2025 | $25,464 |
| Oct 31, 2025 | $25,219 |
| Nov 30, 2025 | $25,221 |
| Dec 31, 2025 | $25,184 |
| Jan 31, 2026 | $25,170 |
| Feb 28, 2026 | $25,193 |
| Mar 31, 2026 | $25,189 |
| Apr 30, 2026 | $25,163 |
| May 31, 2026 | $25,159 |
| Jun 30, 2026 | $25,349 |
| Jul 31, 2026 | $25,329 |
| Aug 31, 2026 | $25,345 |
| Sep 30, 2026 | $25,336 |
| Oct 27, 2026 (latest) | $25,307 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $137,948 |
| Dec 31, 2025 | $25,184 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ton-hedge
Frequently asked questions
What is TON Hedge's TVL?
As of Oct 27, 2026, TON Hedge has $25,305 in total value locked. TVL has decreased 0.1% over the past 30 days.
What chains does TON Hedge operate on?
TON Hedge operates on TON. TON holds the largest share at 100%.
How does TON Hedge's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, TON Hedge ranks #39 by TVL. The category holds $207.09m across 73 protocols, and TON Hedge accounts for <0.1% of that total. Similar protocols include Ton4You, Derive V3 Options, Hegic, Deri V4, Panoptic V2, Ribbon Earn, Opyn Gamma, Hypercall, SOFA.org, and PsyOptions.