Telegram's Built-in Crypto Wallet Launches On-Chain Yield Features for BTC, ETH, and USDT

Odaily News According to a related announcement, the built-in crypto wallet "Wallet in Telegram" has announced the launch of on-chain yield features, supporting Bitcoin, Ethereum, and USDT holders to participate in yield strategies through the TON Wallet.

This feature is implemented via a "Vaults" mechanism, allowing users to deposit assets into on-chain strategies to obtain variable yields. The official announcement stated that some USDT strategies can offer a maximum comprehensive Annual Percentage Yield (APY) of up to 18%, and yield features for ETH and BTC are also now available. Protocols such as Morpho, TAC, and Re7 are involved in the integration.

Wallet in Telegram is supported by The Open Platform, and the official claims it has over 150 million registered users. This feature upgrade aims to provide users with a self-custodial gateway to yield strategies within the TON ecosystem, further expanding the application scenarios for decentralized finance (DeFi).