A solid liquid staking option for TON holders who want yield without locking their tokens. The CertiK audit and market dominance provide confidence, but the TON ecosystem's relative immaturity compared to Ethereum and Solana means smart contract risk is elevated. The 67% market dominance is both a strength (deep integration) and a risk (systemic concentration).
Top Risks
1
Dominant 67% market share of TON liquid staking creates systemic concentration risk for the entire TON DeFi ecosystem
2
TON blockchain smart contract language (FunC/Tact) has a smaller auditor pool and less battle-tested tooling compared to EVM, increasing undiscovered vulnerability risk
3
tsTON DeFi integrations are limited to the TON ecosystem, which is still nascent and less liquid than EVM-based DeFi
Risk Breakdown
Frequently Asked Questions
Is Tonstakers LSD safe to use?
Tonstakers LSD receives a B- risk grade (28/100) from Hindenrank, where lower scores indicate lower risk. A solid liquid staking option for TON holders who want yield without locking their tokens. The CertiK audit and market dominance provide confidence, but the TON ecosystem's relative immaturity compared to Ethereum and Solana means smart contract risk is elevated. The 67% market dominance is both a strength (deep integration) and a risk (systemic concentration). Tonstakers is the largest liquid staking protocol on the TON blockchain, holding about 67% of all liquid-staked TON. When you deposit TON, you receive tsTON, a token that grows in value over time as staking rewards accrue (up to ~5% APY). You can stake as little as 1 TON directly through Tonkeeper wallet, OKX, or even a Telegram bot. The protocol has been audited by CertiK with a 94/100 score and uses multi-signature wallets to protect funds.
What are the main risks of using Tonstakers LSD?
The key risks identified for Tonstakers LSD are: (1) TON smart contracts use a less battle-tested programming language than Ethereum, meaning undiscovered bugs are more likely (2) Tonstakers dominates TON staking at 67% share — if something goes wrong, the whole TON DeFi ecosystem is affected (3) Limited secondary market liquidity makes large exits potentially slow or costly
What is Tonstakers LSD's risk score breakdown?
Tonstakers LSD scores 28/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 4/20, Oracle Surface: 3/10, Documentation Gaps: 3/10, Track Record: 2/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.
How does Tonstakers LSD compare to other Liquid Staking protocols?
Among 81 rated Liquid Staking protocols on Hindenrank, Tonstakers LSD ranks #30 by safety (lowest risk score = safest). Its 28/100 risk score and B- grade place it in the middle tier of Liquid Staking protocols.
Has Tonstakers LSD ever been hacked or exploited?
Tonstakers LSD scores 2/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.