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
Fully Diluted Valuation$3.96m
$HPO Volume 24h$35.07
CEX Volume$0
DEX Volume$35.02(99.86% of total)
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 GitHubYields
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
| Date | TVL |
|---|---|
| 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
| Date | TVL |
|---|---|
| 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
| Date | TVL |
|---|---|
| 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
| Month | Fees | Revenue | Holders 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.
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%.

