Telegram Wallet Launches DeFi Vaults with Up to 18% APY on TON Network

Telegram Wallet has officially introduced 'Vaults,' a new feature offering annual percentage yields (APY) of up to 18% on BTC, ETH, and USDT. The feature is operated through the self-custodial TON Wallet integrated within the Telegram app, ensuring users maintain full control over their assets. The lending infrastructure is powered by Morpho, while TAC provides the necessary EVM compatibility to bridge the TON network with Ethereum-based strategies. Tokenized yield strategies within these Vaults are managed by Re7, a specialist firm focused on optimizing financial performance. By simplifying DeFi access for its 900 million users, Telegram aims to drive mainstream adoption through these high-yield incentives. Analysts view this move as a significant bullish catalyst for the TON ecosystem, likely increasing liquidity and network utility.