Hedera vs TON

Compare Hedera and TON on TVL, fees, revenue and activity to understand how these projects stack up.

$25.92M
Hedera Hashgraph uses a gossip‑about‑gossip DAG protocol that achieves asynchronous Byzantine fault tolerance and finality in 3‑5 seconds. Governing Council members like Google and IBM run permissioned nodes, and the Hedera Token Service allows issuance without smart‑contract coding. The 2024 ‘Smart Contract 2.0’ release introduced Solidity bytecode support via Hyperledger Besu integration.
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$49.35M
The Open Network (TON) is a sharded Layer‑1 originally designed by Telegram, featuring dynamic workchains and instant cross‑shard consensus through the Vertical Blockchain mechanism. The TON Storage and TON DNS services extend functionality beyond payments, whereas the Tap‑to‑Transfer feature has onboarded millions of Telegram users. A 2025 governance vote approved jetton fee burns to make TON mildly deflationary.
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Key Metrics Comparison

Hedera
TVL
$25.92M
24h Volume
$76.9K
24h Fees
$18.2K
24h Revenue
$1.1K
30d Fees
$373K
30d Revenue
$22K
7d TVL Change
+12.17%
Dominance
0.01%
TON
TVL
$49.35M
24h Volume
$3.27M
24h Fees
$11.6K
24h Revenue
$2.5K
30d Fees
$316.5K
30d Revenue
$72.4K
7d TVL Change
-5.66%
Dominance
0.02%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Hedera
34.4%
TON
65.6%

Volume Share

Share of combined 24h volume

Volume Share
Hedera
2.3%
TON
97.7%

Fees Share

Share of combined 24h fees

Fees Share
Hedera
61.1%
TON
38.9%

Revenue Share

Share of combined 24h revenue

Revenue Share
Hedera
30.1%
TON
69.9%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Hedera
12.17%
TON
-5.66%

Dominance

Market dominance by TVL

Dominance
Hedera
0.0%
TON
0.0%
TVL Comparison
Hedera
TON