📊 About the APY spike (37.66%)

TL;DR: The 37.66% APY is a temporary effect caused by a large withdrawal mid-cycle. One validation round paid roughly double rewards, while the next round earns no rewards. Combined, this works out to about 17.3% APY, which is in line with Hipo's normal yield. APY will return to its usual ~17.5% range after the next participated validation round.
Quick explainer on the recent APY jump: it's a timing quirk, not a change in real returns.

A large holder withdrew ~2M GRAM (about half of TVL). But the round already in progress had loans sized off the old ~4M pool. When it settled, rewards earned on ~4M of principal went to a pool backing half as many hGRAM, so remaining holders earned roughly double for that one round. The APY display annualizes the latest round, hence 37.66%. A real one-time windfall, not an error.

With TVL halved mid-cycle, we couldn't participate in the current round, so it will earn no rewards. One double round + one quiet round = ~17.3% annualized right at the normal rate.

What to expect:
- The display will stay at ~37.66% until the next participated round settles, then step back to normal in one move. Both are expected.
- From then on, loans are sized to the current pool and APY returns to its usual ~17.5% range.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

📢 Latest Updates on Hipo

Hipos, over the past few days we've rolled out several improvements based on your feedback and suggestions:

1️⃣ Hipo Bot Improvements
We've upgraded the Hipo Bot to share key protocol metrics directly in Hipo Chat, including TVL, APY, and token prices. The data is refreshed every 30 minutes and posted daily to keep the community informed.

2️⃣ Rewards Display Fix
Thanks to a report from a Hipo community member, we identified and fixed an issue that caused the displayed GRAM rewards to appear lower than the actual rewards earned. This was only a display issue and did not affect your real rewards. The rewards display is now more accurate and aligned with the protocol APY.

3️⃣ Staking Flow & UI Improvements
As part of our new staking flow, GRAM deposited during an active validation round is represented by an SBT that automatically converts to hGRAM when the round ends. We've also refreshed the design to make the process clearer and better aligned with the new GRAM and hGRAM branding.

💜 Thank you for your continuous feedback and support. Keep sharing your ideas—we read them all and use them to make Hipo better.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Reaches 4M GRAM Staked

Hipos, we've officially surpassed 4,000,000 GRAM staked in Hipo!

This is a historic milestone for our protocol and an incredible achievement for a community-built project powered by thousands of stakers, contributors, and HPO holders.

With the recently introduced waiting period for new stakes, Hipo APY is now more stable and currently stands at 20.34%, while Hipo continues returning 100% of staking rewards to stakers.

💜 Reaching 4M GRAM is a huge achievement, but we're just getting started.

If you believe in what we're building together, help Hipo reach the next milestone:

• Tell your friends about Hipo
• Share your staking experience
• Mention Hipo in TON and crypto communities
• Invite others to join the Hipo community and Hipo Chat

Every new staker, every conversation, and every community contribution helps Hipo grow stronger.

🌟 Let's build together and move toward the next milestone — 5M GRAM staked.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

⏳ Added a Waiting Period for Better APY

Hipos, based on your feedback, we’ve added a new feature to help keep APY more stable.

Now, any new GRAM staked in Hipo will wait until the current validation round ends — up to 18 hours — before receiving hGRAM and starting to earn staking rewards. This waiting time is now visible in the Hipo App.

During this cooldown period, stakers will receive an SBT, which will automatically convert to hGRAM later.

This change ensures that new deposits entering Hipo no longer affect the APY of the current round. As a result, APY should remain more stable and predictable, helping protect existing stakers and ensuring rewards are distributed more fairly.

Our goal remains the same: deliver the highest sustainable staking rewards possible while creating a better experience for all Hipo stakers.

💜 Thank you for helping improve Hipo together.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo Reaches #6 on DeFiLlama on TON

Hipos, we just reached 3,988,927 GRAM staked and became the #6 protocol on TON by TVL on DeFiLlama.

We are only a few thousand GRAM away from reaching 4M GRAM staked — a historic milestone for Hipo.

This moment is special because we are reaching it together after years of building, improving, and growing as a community. We are also seeing more large GRAM holders choosing Hipo, showing growing trust in our approach.

One thing we are proud of is that Hipo was not shaped by a few large investors from the beginning. As we shared during the HPO launch, there was no private round for big investors, creating a fair opportunity for retail users and the community to participate and help shape Hipo into a truly decentralized protocol.

A note about the current APY

Because Hipo TVL has doubled recently, the next validation round will have a temporary APY decrease. This is not because rewards are reduced — Hipo continues returning 100% of staking rewards. The change happens because rewards are distributed across a much larger amount of staked GRAM.

Currently, Hipo allows new stakers to participate immediately, meaning users who join during a round can still receive rewards even if their stake was not active for the full validation period.

After the next round, APY will return to normal levels.

We are discussing two possible approaches for the future:

Option 1 — Keep the current system
New stakers can join instantly, receive hGRAM, and participate from the start. This provides the best user experience but may create temporary APY changes when large amounts of GRAM enter.

Option 2 — Add a waiting period
New stakers would join the next validation round instead of immediately participating. This would make APY more stable but delay rewards for new users.

We want to hear from the community. Which approach do you prefer? Share your thoughts in Hipo Chat and help shape the future of Hipo.

💜 Together, we are building Hipo step by step. Let’s keep moving forward toward 4M GRAM staked and beyond.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

Hipo TVL Up +403% in the Last 30 Days

Hipo TVL has grown by 403% in the past 30 days, reaching 2.48M GRAM staked (≈ $4.37M), a new all-time high.

This growth makes Hipo the #1 protocol on TON by 30-day TVL growth, according to DeFiLlama.

A big thank you to everyone who has staked, shared feedback, and supported Hipo’s community-driven approach. These achievements come exactly 30 days after Hipo returned to validating, and they are the result of your incredible support.

We'll continue returning 100% of staking rewards, offering the highest APY on TON, and distributing boosted HPO rewards to stakers.

Now more than ever, the community plays an important role, by sharing Hipo with others and inviting them to be part of this growth.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo Enters DeFiLlama Top 10

Hipo has reached an important milestone with 2.32M GRAM staked (~$3.8M) and officially entered the DeFiLlama Top 10 protocols on TON.

This is a big moment for all of us. The growth we’re seeing is the result of the strength and support of the Hipo community, it all belongs to you.

As total TON staking activity continues to grow, Hipo validators now participate in both odd and even rounds, meaning two reward cycles are processed within the same timeframe.

This leads to:
• TVL updates every ~18 hours
• Reward distributions every ~18 hours

Important note: rewards are not reduced. They are simply distributed more frequently, so users receive them faster while the total rewards over time remain the same as before.

Also, thanks to the community, Hipo Chat has reached the required boost level. We’ll now start sharing daily stories with key KPIs and updates to keep this momentum going and stay aligned on growth.

Hipo continues to offer the highest APYs by returning all staking rewards directly to stakers.

💜 Keep building, and invite your friends to join

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Reaches 2 Million Staked GRAM!

Hipos,

Just weeks ago, we were fighting to keep Hipo validating. Today, we've reached another incredible milestone:

🔥 2,030,672 GRAM staked in Hipo

This achievement belongs to every member of the Hipo community who staked, invited friends, spread the word, and believed in Hipo when it mattered most.

With protocol fees still set to 0%, stakers continue to receive 100% of staking rewards and currently enjoy an impressive 20.22% APY ⚡️

Thank you for helping us reach this milestone. Let's keep growing together and show what's possible when a community unites behind a common goal.

🌟 Onward to the next milestone!

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

⚡️ Instant Unstake is Live

Hipos, based on your ideas and suggestions we’ve added a new feature to the Hipo app unstaking interface.

Now you can see how much GRAM is available for instant unstaking and choose the option that best fits your needs.

When you unstake your GRAM, you now have 3 options:

1️⃣ Wait until the end of the current round
Earn the highest possible GRAM rewards by completing the full validation cycle.

2️⃣ Instant Unstake (if liquidity is available)
Get your GRAM immediately. You will forgo rewards from the current round, but keep all rewards earned from previous rounds.

3️⃣ Swap on a DEX
Instant swap your hGRAM to GRAM via DEX, but with trading fees and possible price impact.

💡 This feature was proposed by our members of the community, and it’s a great example of what community-driven product building looks like for Hipo.

💜 We’re always open to feedback and continue improving the experience together.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

A New Chapter for GRAM Staking on TON

As part of our rebranding from hTON to hGRAM, users staking GRAM through Hipo will now receive hGRAM — a liquid staking asset that keeps earning rewards while remaining fully usable across DeFi.

In our latest blog post, we explain this update and why Hipo is a strong choice for GRAM staking.

👉 Read the full article: Medium, Telegraph

Reminder: Hipo’s current APY is 20.14% 🔥 and we continue returning 100% of staking rewards to GRAM stakers until we reach sustainable TVL.

Invite your friends to stake GRAM with Hipo and join the community.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo has crossed $3,000,000 TVL!

With this milestone, Hipo is now the 3rd largest staking protocol on TON, surpassing Bemo and KTON.

A huge thank you to our community for making this possible. 💜

🔥 1,741,111 GRAM staked ($3M+ TVL )
🔥 19.77% APY
🔥 23,100+ stakers

👉 Stake GRAM now

🌟 The journey continues. Next stop: even higher.

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🔄 hTON is now hGRAM

As the TON ecosystem embraces the GRAM brand, Hipo's liquid staking token has been renamed from hTON to hGRAM.

✅ Nothing changes for holders
✅ Same staking position
✅ Same rewards
✅ Same smart contracts
✅ Same DeFi integrations

The name is new, but everything you love about Hipo stays the same. Stake GRAM. Receive hGRAM. Earn the highest staking rewards on TON.

💜 Welcome to the era of hGRAM

Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Staking is now live on GroypFi!

Thanks to our new partnership with GroypFi, users can now stake GRAM directly from the GroypFi app using Hipo and earn the highest APY on TON.

🔥 Current Hipo APY: 20.18%

👉 Stake your GRAM with Hipo on GroypFi

GroypFi is an all-in-one TON SuperApp for Trading, Launching, Bridging, Staking, and Earning.

Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Surpasses 1 Million Staked TON (Gram)!

Just one week ago, we were fighting to keep Hipo validating. Today, we’ve crossed a major milestone:

🔥 1,040,388 TON (Gram) staked in Hipo

This achievement belongs to our community💜. Thank you to everyone who staked, stayed with us during the uncertainty, and helped bring Hipo back stronger than ever.

With protocol fees currently set to 0%, stakers are receiving 100% of staking rewards, making this one of the most attractive times to stake with Hipo.

Let's keep the momentum going. Invite your friends, spread the word, and help us grow even further.

🌟 Thank you for believing in Hipo.

Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat