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Who paid the most
Net APY over the last 30 days, measured on-chain
- HipohGRAM17.1%
- StakeeSTAKED14.0%
- bemostTON13.6%
- KTONKTON13.6%
- bemo v2bmTON12.7%
- TonstakerstsTON12.7%
Network APY (gross): 16.3% · Oct 26, 2026
Over the last 30 days Hipo paid the highest net yield, 17.1%. Validators themselves earned about 16.3% gross, so the gap between any protocol and that figure is roughly its fee plus whatever share of deposits it keeps unstaked.
Every protocol stakes with the same validator set, so gross rewards are the same for all of them. Net yields differ for three reasons: the protocol fee, the reserve kept back for instant exits, and how quickly new deposits get into a round.
Who holds the most
Share of all liquid-staked Gram
- Tonstakers145.3M80.8%
- Stakee21M11.7%
- Hipo9.9M5.5%
- KTON1.9M1.1%
- bemo1.4M0.8%
- bemo v2324.8K0.2%
Tonstakers holds 81% of all liquid-staked Gram. Size brings liquidity and DeFi integrations; it does not raise the yield, because every pool is paid at the same validator rate.
Where KTON stands
KTON is the protocol our team builds, so read this part with that in mind. Its contract takes 16% of rewards, and it keeps nearly all deposits staked instead of holding an exit reserve. Over 30 days it paid 13.6% net, and 13.3% over 90 days.
Hipo’s figure is higher mainly because its documentation states a 0% protocol fee. Against protocols that charge a fee, the difference comes down to how much of each pool is staked and when deposits enter a round. We use KTON for its public TonBit audit, open-source contracts and Telegram Mini App; how it works.
How these numbers are measured
- Exchange rate. Each pool contract reports the Gram it controls and the tokens it has issued. Gram divided by tokens is what one token redeems for.
- Two blocks. We read that rate at the newest masterchain block and at the first block 30 and 90 days earlier, from TON Center’s archive nodes.
- Annualize. The growth between the two blocks is compounded to a year over the exact time between them. Fees are taken before the rate moves, so the result is net.
- Cross-check. Each pool’s token supply is checked against its jetton master, and a yield above the network’s own is treated as an error. A pool that fails either check is left out until the next reading.