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  1. Home
  2. Projects
  3. Plasma
  4. Vs
  5. TON

Plasma vs TON

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

$676.48M
Plasma is a high-performance layer 1 blockchain purpose-built for stablecoins, delivering near-instant, fee-free payments with institutional-grade security. Its infrastructure supports thousands of transactions per second, sub-second block times, and global interoperability across 100+ currencies and payment methods. Backed by industry leaders like Bitfinex and Founders Fund, Plasma aims to power the next phase of stablecoin adoption with scalable, decentralized rails for the digital dollar economy.
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$64.68M
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

Plasma
TVL
$676.48M
24h Volume
$26.28M
24h Fees
$9.5K
24h Revenue
$4K
30d Fees
$2.42M
30d Revenue
$850.4K
7d TVL Change
-6.92%
Dominance
0.28%
TON
TVL
$64.68M
24h Volume
$1.34M
24h Fees
$5.1K
24h Revenue
$965
30d Fees
$360.3K
30d Revenue
$82.9K
7d TVL Change
-9.07%
Dominance
0.03%

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
Plasma
91.3%
TON
8.7%

Volume Share

Share of combined 24h volume

Volume Share
Plasma
95.1%
TON
4.9%

Fees Share

Share of combined 24h fees

Fees Share
Plasma
65.1%
TON
34.9%

Revenue Share

Share of combined 24h revenue

Revenue Share
Plasma
80.5%
TON
19.5%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Plasma
-6.92%
TON
-9.07%

Dominance

Market dominance by TVL

Dominance
Plasma
0.3%
TON
0.0%
TVL Comparison
Plasma
TON