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The yield function is powered by DeFi protocols like Morpho TAC and Re7.
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USDT vault offers high returns with some strategies hitting up to 18% annualized return.
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TON wallet has 150+ millions users, with more than 100 million having already funded their wallets
Telegram’s self-custody crypto TON Wallet has just launched a way to earn interest from your Bitcoin, Ethereum and USDT. This brings DeFi-style returns to users of the messaging app. The feature allows users drop their crypto into vaults which earn variable yields through on-chain strategy.
According to Telegram’s yield feature, it taps into DeFi protocol like Morpho, TAC and Re7 which handle the lending side, asset management and risk.
The USDT vault offers high returns, with some strategies achieving up to 18% APY. There are vaults for Ethereum, Bitcoin and other cryptos.
The announcement marks a major shift in Telegram’s wallet, as it is no longer a simple place to store crypto but also a gateway into DeFi. Andrew Rogozov is the CEO of The Open Platform and Wallet within Telegram. He said that vaults connect complex DeFi tools to hundreds of millions users.
He said: “Accessing self-custodial strategies for ETH BTC and USDT directly in the TON ecosystem represents a massive step towards making decentralized finance truly global.”
Telegram’s crypto wallet is used by over 150 million people, and more 100 million of them have already funded it using Ethereum, Solana or Tron. The messaging app has one of the largest audiences to launch DeFi products.
Related:Russia Targets Telegram As Durov Faces Terror Probe
Telegram’s Crypto Expansion
The yield feature is the latest in a series upgrades to Telegram’s crypto setup. In February, Telegram added cross-chain deposit so users could move assets between blockchains, without having to manually connect them.
Telegram has been developing its “Earning” tools since 2025. It started with Toncoin and then added support for other assets like USDT and Ethereum.
This move into yield-generating cryptocurrency is part of Telegram’s larger play – turning the messaging app into an all-out Web3 super-app.
Telegram, by combining messaging, payments and trading into one platform, is becoming an important gateway for people to get into crypto. If it continues to grow, it could bring in a new wave of users, especially those that have never had an easy entry into DeFi before.
Related Telegram to be First Client of Pavel Durov’s New Decentralized AI network ‘Cocoon
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