Total Value Locked$842,361
TVL by Chain
TON$842,361
Key Metrics
Fees 30d$2.82
Fees 30d by chain
TON$2.82
Fees 7d$0.41
TON$0.41
Fees 24h$0.09
TON$0.09
Cumulative Fees$20.72
TON$20.72
Revenue 30d$0
Revenue 30d by chain
TON$0
Revenue 7d$0
TON$0
Revenue 24h$0
TON$0
Cumulative Revenue$0.39
TON$0.39
DEX Volume 30d$9,405
DEX Volume 30d by chain
TON$9,405
DEX Volume 7d$1,370
TON$1,370
DEX Volume 24h$302
TON$302
Cumulative DEX Volume$97,991
TON$97,991
Total Raised$1.5m
Feb 24, 2025$1.5mRound: Pre-SeedInvestors: TVM Ventures
Protocol Information
Torch is the core liquidity layer for stablecoins on the TON blockchain. Built with a highly optimized Curve-style StableSwap AMM, Torch enables deep, low-slippage swaps between major stablecoins. At its center is tgUSD, a cross-chain yield-bearing stablecoin 1:1 backed by USDT, designed for both DeFi and real-world payments.
- Torch DexsDexs
- Telegram USDCDP
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
Torch Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 4, 2024 to Oct 19, 2026.
All-time high TVL: $3.59m on Aug 2, 2025. All-time low TVL: $32,637 on Sep 4, 2024.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $843,359 |
| Sep 21, 2026 | $843,513 |
| Sep 22, 2026 | $851,469 |
| Sep 23, 2026 | $855,111 |
| Sep 24, 2026 | $847,950 |
| Sep 25, 2026 | $847,376 |
| Sep 26, 2026 | $852,595 |
| Sep 27, 2026 | $870,589 |
| Sep 28, 2026 | $871,924 |
| Sep 29, 2026 | $863,512 |
| Sep 30, 2026 | $855,986 |
| Oct 1, 2026 | $858,132 |
| Oct 2, 2026 | $867,159 |
| Oct 3, 2026 | $859,067 |
| Oct 4, 2026 | $861,414 |
| Oct 5, 2026 | $862,474 |
| Oct 6, 2026 | $862,245 |
| Oct 7, 2026 | $861,757 |
| Oct 8, 2026 | $851,788 |
| Oct 9, 2026 | $844,279 |
| Oct 10, 2026 | $854,229 |
| Oct 11, 2026 | $855,021 |
| Oct 12, 2026 | $853,188 |
| Oct 13, 2026 | $842,730 |
| Oct 14, 2026 | $844,435 |
| Oct 15, 2026 | $841,341 |
| Oct 16, 2026 | $844,568 |
| Oct 17, 2026 | $841,554 |
| Oct 18, 2026 | $842,786 |
| Oct 19, 2026 | $841,436 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $612,637 |
| Dec 31, 2024 | $612,897 |
| Jan 31, 2025 | $774,742 |
| Feb 28, 2025 | $427,492 |
| Mar 31, 2025 | $493,350 |
| Apr 30, 2025 | $409,447 |
| May 31, 2025 | $2.33m |
| Jun 30, 2025 | $3.37m |
| Jul 31, 2025 | $3.58m |
| Aug 31, 2025 | $3.49m |
| Sep 30, 2025 | $1.42m |
| Oct 31, 2025 | $1.12m |
| Nov 30, 2025 | $1m |
| Dec 31, 2025 | $1.02m |
| Jan 31, 2026 | $895,157 |
| Feb 28, 2026 | $860,038 |
| Mar 31, 2026 | $851,191 |
| Apr 30, 2026 | $865,004 |
| May 31, 2026 | $886,422 |
| Jun 30, 2026 | $861,226 |
| Jul 31, 2026 | $844,660 |
| Aug 31, 2026 | $837,731 |
| Sep 30, 2026 | $855,986 |
| Oct 19, 2026 (latest) | $841,436 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $612,897 |
| Dec 31, 2025 | $1.02m |
Fees and revenue by UTC calendar month, Oct 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Oct 2024 | $1 | $0 |
| Nov 2024 | $2 | $0 |
| Dec 2024 | $0 | $0 |
| Jul 2026 | $0.33 | $0.15 |
| Aug 2026 | $0.47 | $0.19 |
| Sep 2026 | $16.03 | $0.05 |
| Oct 2026 (to date) | $0.89 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/torch-finance
Frequently asked questions
What is Torch Finance's TVL?
As of Oct 19, 2026, Torch Finance has $842,361 in total value locked. TVL has increased 0.2% over the past 30 days.
What chains does Torch Finance operate on?
Torch Finance operates on TON. TON holds the largest share at 100%.
How much has Torch Finance generated in fees and revenue?
Over the past 30 days, Torch Finance generated $2.82 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $61.87 in fees and $1.47 in revenue.
Which protocols are included in Torch Finance?
Torch Finance is a parent protocol whose tracked products include Torch Dexs and Telegram USD.
How much trading volume does Torch Finance process?
Torch Finance processed $9,405 in DEX volume over the past 30 days.

