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Hipo(HPO)

Total Value Locked$10.42m

TVL by Chain

TON$10.42m

Key Metrics

Fees 30d$149,266
Fees 30d by chain

TON$149,266

Fees 7d$32,204

TON$32,204

Fees 24h$3,468

TON$3,468

Cumulative Fees$831,967

TON$831,967

Revenue 30d$2,036
Revenue 30d by chain

TON$2,036

Revenue 7d$446

TON$446

Revenue 24h$48

TON$48

Cumulative Revenue$25,365

TON$25,365

Holders Revenue 30d$2,036
Holders Revenue 30d by chain

TON$2,036

Holders Revenue 7d$446

TON$446

Holders Revenue 24h$48

TON$48

Cumulative Holders Revenue$3,023

TON$3,023

Market Cap$3.13m

$HPO Price$0.0042

All Time High$0.042

All Time Low$0.0011

View $HPO token page

Fully Diluted Valuation$3.96m

$HPO Volume 24h$35.07

CEX Volume$0

DEX Volume$35.02(99.86% of total)

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Protocol Information

Hipo is a liquid staking protocol on TON. Users stake GRAM and receive hGRAM, which accrues validation rewards through a rising hGRAM/GRAM exchange rate.

Audits:

Methodology

TVL: GRAM controlled by the Hipo treasury: coins backing hGRAM (including coins lent to validators) plus deposits pending for the next validation round, less any shortfall left behind by a defaulting borrowerView code on GitHubFees: Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.View code on GitHubRevenue: The governance fee, plus everything spent buying and burning HPO.View code on GitHubHolders Revenue: GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.View code on GitHub

Yields

Pools Tracked1

Average Supply APY16.67%

Competitors

Hipo history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 31, 2023 to Oct 22, 2026.

All-time high TVL: $12.58m on Aug 22, 2026. All-time low TVL: $2,479 on Mar 28, 2024.

Daily TVL, Sep 23, 2026 to Oct 22, 2026

DateTVL
Sep 23, 2026$10.91m
Sep 24, 2026$10.48m
Sep 25, 2026$10.52m
Sep 26, 2026$10.8m
Sep 27, 2026$11.87m
Sep 28, 2026$11.97m
Sep 29, 2026$11.58m
Sep 30, 2026$10.96m
Oct 1, 2026$11.65m
Oct 2, 2026$12.13m
Oct 3, 2026$11.9m
Oct 4, 2026$12.03m
Oct 5, 2026$12.14m
Oct 6, 2026$12.11m
Oct 7, 2026$12.32m
Oct 8, 2026$11.61m
Oct 9, 2026$11.2m
Oct 10, 2026$11.59m
Oct 11, 2026$11.72m
Oct 12, 2026$11.51m
Oct 13, 2026$11.11m
Oct 14, 2026$11.24m
Oct 15, 2026$11.04m
Oct 16, 2026$11.33m
Oct 17, 2026$11.09m
Oct 18, 2026$11.13m
Oct 19, 2026$11.11m
Oct 20, 2026$11.27m
Oct 21, 2026$11.09m
Oct 22, 2026$10.66m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$4.68m
Dec 31, 2024$5.93m
Jan 31, 2025$5.07m
Feb 28, 2025$3.09m
Mar 31, 2025$3.34m
Apr 30, 2025$2.74m
May 31, 2025$2.66m
Jun 30, 2025$2.58m
Jul 31, 2025$2.96m
Aug 31, 2025$2.7m
Sep 30, 2025$2.9m
Oct 31, 2025$1.94m
Nov 30, 2025$1.39m
Dec 31, 2025$1.43m
Jan 31, 2026$1.32m
Feb 28, 2026$1.17m
Mar 31, 2026$1.06m
Apr 30, 2026$1.35m
May 31, 2026$1.1m
Jun 30, 2026$3.62m
Jul 31, 2026$3.6m
Aug 31, 2026$10.78m
Sep 30, 2026$10.96m
Oct 22, 2026 (latest)$10.66m

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$2.78m
Dec 31, 2024$5.93m
Dec 31, 2025$1.43m

Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026

MonthFeesRevenueHolders revenue
Nov 2024$25,371$1,586$0
Dec 2024$17,161$1,073$0
Jan 2025$21,755$1,359$0
Feb 2025$11,781$739$0
Mar 2025$10,545$657$0
Apr 2025$8,289$517$0
May 2025$8,973$562$0
Jun 2025$8,877$554$0
Jul 2025$9,404$587$0
Aug 2025$10,573$662$0
Sep 2025$9,535$597$0
Oct 2025$7,128$447$0
Nov 2025$4,767$299$0
Dec 2025$4,004$251.05$0
Jan 2026$4,355$273$0
Feb 2026$3,327$207$0
Mar 2026$3,196$198.31$0
Apr 2026$15,780$985.29$0
May 2026$25,909$1,617$0
Jun 2026$28,112$0$0
Jul 2026$57,782$0$0
Aug 2026$137,796$0$0
Sep 2026$139,487$1,517$1,517
Oct 2026 (to date)$111,171$1,506$1,506

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hipo

Frequently asked questions

What is Hipo's TVL?

As of Oct 22, 2026, Hipo has $10.42m in total value locked. TVL has decreased 2.9% over the past 30 days.

What chains does Hipo operate on?

Hipo operates on TON. TON holds the largest share at 100%.

How much has Hipo generated in fees and revenue?

Over the past 30 days, Hipo generated $149,266 in fees. Of that, $2,036 was protocol revenue. Based on the trailing year, the annualized rate is $537,718 in fees and $6,981 in revenue.

What is the HPO token price and valuation?

HPO is currently trading at $0.0041. Its circulating market capitalization is $3.13m, ranking it #2,347. Its fully diluted valuation is $3.96m. Supply currently stands at 754.49m circulating, 954.49m total supply, 1b maximum supply.

How has HPO performed recently?

HPO is up 1.1% over the past 7 days and up 14% over the past 30 days. Its all-time high is $0.042, reached on Nov 28, 2024. The token is currently 90.1% below that level.

How does Hipo's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, Hipo ranks #70 by TVL. The category holds $54.133b across 264 protocols, and Hipo accounts for <0.1% of that total. Similar protocols include Tonstakers LSD, Stakee, KTON, UTONIC, bemo V1, bemo V2, Island Stake, Lido, Binance staked ETH, and ether.fi Stake.

How many yield pools does Hipo have?

DefiLlama tracks 1 Hipo yield pool with an average APY of 16.7%.