The decentralized finance (DeFi) landscape is undergoing rapid transformation, with cross-chain interoperability emerging as a key driver of innovation. In a strategic move set to reshape the future of multi-chain DeFi, Jupiter — Solana’s largest decentralized exchange — has announced a landmark collaboration with the TON Foundation, the driving force behind The Open Network (TON). This partnership aims to enhance liquidity across ecosystems, empower developers, and accelerate the growth of DeFi on TON’s high-performance blockchain.
With Telegram’s mini-games fueling unprecedented user adoption, TON has emerged as one of the most dynamic blockchains in 2025. However, despite explosive growth in users and token value, its DeFi infrastructure has struggled to keep pace. At its peak in July, TON’s total value locked (TVL) reached $776 million. But market volatility and external factors — including legal challenges involving founder Pavel Durov — caused a significant pullback, leaving TVL at just one-third of its peak by late 2024.
To address this gap, the TON Foundation is doubling down on DeFi development — and Jupiter is now a central part of that vision.
Building a Next-Gen Liquidity Aggregator on TonVM
At the heart of the collaboration is the development of a liquidity aggregation layer built on TonVM, TON’s virtual machine. This new infrastructure will serve as a cross-chain swap hub, enabling users to access optimal exchange rates and deep liquidity across multiple blockchains directly through TON-based applications.
👉 Discover how cross-chain aggregators are redefining DeFi efficiency.
Jupiter, already a leader in Solana’s DeFi ecosystem, brings proven expertise in routing algorithms, liquidity optimization, and decentralized governance. As the most active DAO in crypto, Jupiter emphasizes community participation — rewarding users who stake JUP tokens and engage in governance with exclusive airdrops and incentives. This governance-first model has cultivated a highly engaged user base, making Jupiter an ideal partner for scaling DeFi innovation beyond Solana.
The TON Foundation sees this partnership as a pivotal step toward building a scalable, interconnected DeFi ecosystem. By integrating Jupiter’s technical capabilities, TON aims to unlock seamless asset transfers between chains, reduce slippage, and improve trade execution for both retail and institutional traders.
For developers, this means access to robust tools and APIs that simplify the creation of cross-chain dApps. For end users, it translates into faster trades, better pricing, and enhanced security — all without leaving the TON environment.
Fostering Innovation: The TON x Jupiter DeFi Competition
To catalyze developer engagement, Jupiter and the TON Foundation have launched a DeFi competition inviting builders to design and prototype liquidity solutions on TonVM. Registration is now open, with submissions due by February 15.
Winning teams will receive mentorship from Jupiter’s core team and financial support from the TON Foundation’s ecosystem fund. This initiative isn’t just about code — it’s about nurturing talent and fostering a vibrant community of innovators dedicated to shaping the next generation of decentralized finance.
Meow, founder of Jupiter, expressed enthusiasm about the collaboration:
“TON is one of the most exciting and underdeveloped blockchains in the space. Once liquidity is unlocked across its ecosystem, the growth potential is enormous. This is a bold move by the TON Foundation, and we’re thrilled to support and connect with some of the brightest minds in the industry.”
Vlad Degen, Head of DeFi at the TON Foundation, echoed this sentiment:
“We’re excited to partner with Jupiter to expand the TON DeFi ecosystem. Earlier collaborations with key DeFi players laid the groundwork for this partnership. We believe this alliance will bring immense value to TON and help build a thriving cross-chain future.”
Why This Partnership Matters for the Future of DeFi
The Jupiter-TON collaboration represents more than just a technical integration — it signals a shift toward interoperable, user-centric financial ecosystems. As blockchain silos begin to break down, projects that enable frictionless value transfer will lead the next wave of adoption.
Key benefits include:
- Improved Liquidity Depth: Aggregating order books and liquidity pools across chains ensures tighter spreads and lower trading costs.
- Enhanced User Experience: Traders gain access to best-price routing without managing multiple wallets or bridges.
- Developer Empowerment: Open-source tooling lowers barriers to entry for building cross-chain applications.
- Ecosystem Resilience: Diversified liquidity sources reduce dependency on any single network or protocol.
👉 Explore how liquidity aggregation is powering the future of decentralized trading.
With over 900 million Telegram users already within reach, TON is uniquely positioned to onboard mass audiences into Web3. By strengthening its DeFi backbone now, the network can ensure that new users are met with mature, reliable financial tools — not fragmented experiences.
Core Keywords Driving This Narrative
This strategic alliance revolves around several critical themes shaping modern blockchain development:
- Cross-chain liquidity
- DeFi aggregator
- TonVM
- Jupiter DEX
- TON Foundation
- Decentralized exchange
- Blockchain interoperability
- Liquidity aggregation
These keywords naturally reflect user search intent around emerging DeFi trends, developer opportunities, and ecosystem growth metrics — aligning perfectly with SEO best practices while maintaining editorial authenticity.
👉 Learn how top-tier DeFi platforms are leveraging cross-chain technology for global reach.
Frequently Asked Questions (FAQ)
Q: What is Jupiter’s role in the TON ecosystem?
A: Jupiter is collaborating with the TON Foundation to develop a liquidity aggregator on TonVM, enabling efficient cross-chain swaps and enhancing DeFi functionality on TON.
Q: Is Jupiter moving from Solana to TON?
A: No. Jupiter remains anchored on Solana but is expanding its technology stack to support other high-performance blockchains like TON through strategic partnerships.
Q: How can developers participate in the TON x Jupiter DeFi competition?
A: Developers can register via the official Google Form linked on the TON blog. Winners receive mentorship from Jupiter and funding support from the TON Foundation.
Q: What is TonVM?
A: TonVM is The Open Network’s virtual machine, designed for high-speed transaction processing and smart contract execution. It powers all decentralized applications on the TON blockchain.
Q: Will there be a new token launched as part of this collaboration?
A: There has been no official announcement regarding a new token. The focus is currently on infrastructure development and ecosystem growth.
Q: How does this partnership benefit everyday crypto users?
A: Users gain access to better trading rates, reduced fees, and seamless cross-chain transactions — all within a secure, decentralized environment.
By combining Jupiter’s proven DeFi expertise with TON’s massive user potential, this partnership sets the stage for a more connected, efficient, and inclusive financial future. As the lines between blockchains continue to blur, initiatives like this will define the next era of decentralized innovation.