TAC's token gained 211% over seven days to reach $0.06063 on July 1, 2026, after HTX listed TAC perpetual contracts with 20x leverage, according to CoinGecko. Its market cap stood at $283.7 million against a circulating supply of 4.67 billion tokens. The 24-hour change was -1.0% at time of writing.
TAC is an EVM-compatible execution layer built on TON that lets Ethereum-native DeFi protocols run inside Telegram without users switching apps. The mainnet launched July 15, 2025, with Curve Finance, Euler Finance, Morpho, ZeroLend, and Bancor as day-one deployments, according to The Block.
Before launch, TAC's Summoning Campaign drew more than $800 million in pre-committed deposits across Bitcoin, Ethereum, and stablecoins. One month after launch, total value locked reached $208 million, 35% above TON's own DeFi TVL of $153.6 million at that point, according to The Defiant. Current TVL was not confirmed at time of writing; DefiLlama returned an access error.
The project's argument is distribution. TON runs inside Telegram, which claims roughly 900 million monthly active users. "By connecting Ethereum dApps with the Telegram ecosystem, TAC unlocks real utility for over a billion users," Andrew Klebanov, managing partner at TOP Labs, said at launch.
TAC trades on Bybit, Kraken, and Binance Alpha in addition to the new HTX perpetuals. The project raised $11.5 million total, anchored by a $6.5 million seed round from Hack VC and Symbolic Capital in November 2024.
The price move makes TAC newly visible, but the network's longer test is usage. Whether Telegram's distribution turns into durable DeFi volume will show up in TVL and trading activity, not in a one-week token move.