Morpho (MORPHO) is an efficient Ethereum-based protocol revolutionizing decentralized lending with customizable peer-to-peer and pool-based solutions.

Liquidity pools have revolutionized decentralized lending and borrowing by offering a wide choice of product options and significant liquidity levels. For several years, protocols like 

 (COMP) have been lauded as true innovators that introduced a real game-changer: pool-based lending and borrowing. However, a closer look reveals that things aren’t as efficient and smooth as they may seem within the world of crypto lending. The problem is that lending pools on decentralized protocols often have mismatches between lenders and borrowers, with the former substantially outnumbering the latter. As a result, lenders earn only meager 

s, while borrowers pay exorbitant fees to access funds via these pools. Another critical problem is the lack of customizability in lending and borrowing products, with many protocols adopting a one-size-fits-all approach.

Morpho (MORPHO) is a decentralized protocol on 

 (ETH) that aims to improve the efficiency and flexibility of crypto lending and borrowing by offering a unique model that combines the elements of 

 (P2P) and pool-based matching of lenders and borrowers. To be precise, one of Morpho's essential products, Morpho Optimizers, specifically focuses on P2P matching, with pool-based lending and borrowing used as a fallback option. Morpho also offers users an excellent level of customization for creating new lending markets through its core protocol.

With its innovative lender-borrower matching mechanism and highly customizable and flexible markets, Morpho greatly improves capital allocation and transaction efficiency in the 

 (MORPHO) is an Ethereum-based decentralized lending protocol that offers a unique P2P order matching mechanism to improve the efficiency and affordability of 

 The platform also enables users to create efficient lending markets with highly customizable lending and borrowing parameters. Additionally, it offers a product, Morpho Vaults, for curated lending at varying risk levels.

, a France-based software development company founded in 2021 by Merlin Egalité and Paul Frambot. It's also supported by the nonprofit 

As its first major product, the project launched Morpho Optimizers on the Ethereum blockchain in 2022. Morpho Optimizers is designed as an add-on solution for lending pools on Aave and Compound to help match individual lenders and borrowers. The transacting parties can benefit from a more efficient lending process than with the default pool-based mode.

In January 2024, the project launched Morpho Blue, later rebranded to Morpho, a solution to help users create highly flexible lending markets with custom parameters and options. Morpho acts as the backbone of the Morpho ecosystem, and the project team has turned its focus to promoting and further developing this product. At the same time, Morpho Optimizers remains an integral part of the platform's core offering, albeit in a less prioritized state than Morpho.

The Morpho protocol consists of three main products — Morpho, Morpho Vaults (based on the underlying protocol) and the legacy Morpho Optimizers. Morpho allows users to create individual lending markets by specifying their preferred options for the following key attributes:

All these parameters are highly customizable, with minimal interference from the Morpho governance mechanism. Some parameters do have to conform to certain requirements; e.g., the IRM and LLTV must be from the list approved by the protocol's governance.

Morpho's high level of customizability is a significant departure from the typical model used on decentralized lending and borrowing platforms. On most other protocols, there are fixed parameters governing the lending and borrowing process; e.g., only certain collateral assets, lending assets or LLTV rates are allowed. In contrast, Morpho lets you customize all of these options, giving lending market creators an unmatched degree of freedom. The protocol offers the following key benefits to users, developers and market operators:

While Morpho is currently the platform's flagship product, the legacy Morpho Optimizers continues as a key offering in the platform's product line. Morpho Optimizers are add-on layers to the Aave and Compound lending pools. They can be used to facilitate a peer-to-peer match between lenders and borrowers. Since typical lending pools — including on platforms like Aave and Compound — are often heavily skewed with more lenders than borrowers, both parties end up paying excessive fees. Borrowers have to confront high costs due to the need to service the many lenders in the pool. In turn, lenders fight for the meager scraps left over from insufficient numbers of borrowers.

By using a P2P matching mechanism, Morpho Optimizers effectively takes the lender and borrower away from pool-based interaction and establishes a direct relationship between them. This allows users to borrow assets at cheaper rates, while also delivering better APYs for lenders. If either party withdraws from the direct lending relationship, both parties have the option to use the standard lending pools on Aave and Compound as a fallback.

The platform's third core product, Morpho Vaults (covered in more detail below) utilizes the underlying protocol and provides a way to lend through carefully curated market options at different risk profiles. This can suit lenders who are less proficient in using fully customized markets, but still prefer to take advantage of the lending opportunities offered by Morpho.

In order to create a custom lending market on Morpho, you need to have some technical proficiency and, preferably, knowledge of Solidity, the programming language that the protocol uses for its smart contracts. As noted earlier, developers can create a custom market by supplying five base parameters — a collateral asset, an asset offered for lending, an oracle, a preferred IRM and an LLTV. The first four of these normally require an Ethereum smart contract address to be specified. For the collateral and lending assets, these are the addresses for the tokens' contracts. The selected oracle is also usually established via a pointer to its smart contract address, although oracle-less hard-coded prices for the collateral and lent assets are acceptable. Morpho also maintains Ethereum addresses for each IRM whitelisted by the protocol's governance; developers can use these when choosing a preferred IRM.

The last value, LLTV, is a hard-coded figure that defines the threshold beyond which a loan becomes unhealthy due to its poor 

. Liquidators on Morpho are protocol actors who are incentivized to cover bad debts in return for collateral, similar to the method used on many other lending platforms. They’re allowed to liquidate up to 100% of the debt. In return, liquidators receive the debt's collateral, as well as an additional incentive for their work.

Since Morpho is an oracle-agnostic protocol without a built-in oracle, each market can have its own oracle that sources prices for the collateral and lending assets from external sources. Developers are completely free in that regard, and can even hard-code asset prices for the market if they don't wish to use a price oracle at all. Naturally, an oracle is preferred for maintaining the most up-to-date and dynamic pricing information.

The IRM used is the only base parameter with which developers are somewhat restricted in their choice, as only whitelisted IRMs are allowed for a market. As of mid-November 2024, there’s just one whitelisted IRM that market creators can specify — the 

. This model dynamically adjusts interest rates to maintain the proportion of borrowed funds to supplied funds at close to 90%.

Morpho Vaults are a tokenized vault product that offers curated lending opportunities with varying pre-programmed risk parameters. Each vault is associated with a single loan asset, and can allocate deposits across multiple Morpho markets, thereby leveraging the overall liquidity available on the Morpho protocol. Morpho Vaults suit lenders who prefer predictable risk management over the uncertainty of completely custom markets. Each lender can earn APY rates commensurate with their chosen 

There is no limit on the number of vaults you can open on Morpho. Thus, you might even allocate funds to different vaults with significantly different risk levels to diversify your exposure.

Morpho Vaults' curated nature eliminates the need for users to spend time researching and evaluating individual markets' risk levels and return opportunities, as risk exposure is actively managed by the vault.

Since the vaults are connected to the underlying protocol, and source liquidity from it, they’re dynamically rebalanced, which helps optimize yields. Thanks to their permissionless and immutable nature, the vaults are also completely transparent. Moreover, they’re noncustodial, granting users full control over their deposited assets, which can be withdrawn at any time.

A lender deposits an asset into a Morpho Vault and receives shares of the vault as confirmation of their investment. The vaults themselves are tokenized products utilizing Ethereum's 

 standard, designed to represent tokenized vaults for yield-bearing assets. Each vault may be owned by a 

 (DAO), an individual DeFi expert or some algorithm maintained by a DeFi platform. A vault can be owned by only one entity. The owner may specify additional roles/entities for managing the vault. These roles can include one curator, one guardian and multiple allocators.

The curator is a party who sets certain limits, rules and boundaries for the vault, such as specifying asset supply limitations and enabling/disabling specific markets. Curators are instrumental in maintaining appropriate risk levels for their vaults. Assets that lenders lock in a vault are supplied to the protocol's underlying markets, based on curators' whitelists. There can only be one curator for each vault.

The role of guardian is a key vault position. A guardian protects the integrity and security of the vault. Guardians can revoke any action by the vault owner (or other entities) if they consider it to be against the interests of vault lenders. Each vault can only have one guardian, typically a DAO consisting of vault depositors.

Allocators are protocol actors whose job is to rebalance the liquidity utilized by Morpho Vaults to optimize interest rates and accessible liquidity. An allocator’s job is to rebalance and optimize the total liquidity, either manually or using bots, to best meet the needs of Morpho borrowers.

Morpho Vaults' operations aren't regulated by the protocol's governance mechanism. Each vault owner is responsible for their vault's governance model. Specific roles, such as the curator and the guardian, are designed to help in establishing transparent and secure governance procedures for a vault.

What Is the Morpho Crypto Token (MORPHO)?

The platform's native cryptocurrency, MORPHO, is envisioned as a 

. Holders of MORPHO have the right to participate in decision-making on the platform's future direction, general rules, deployment of smart contracts and allocation of funds from the treasury. Although Morpho promotes lending and borrowing markets that operate with minimal interference from the protocol's governance community, there are some general guidelines and rules through which the community needs to establish certain standards, minimum requirements or whitelists. MORPHO token holders are instrumental in this process.

The original MORHPO token was launched on Ethereum in June 2022 with a supply cap of 1 billion. However, there were limitations to the original token contract that negatively affected its functionality. Specifically, the token wasn't designed to facilitate efficient on-chain voting. As a result of these limitations, the project decided to relaunch the token, now on an upgraded contract. The new reincarnation of MORPHO will offer better functional capabilities, including more efficient on-chain governance processes. 

As of the time of writing on Nov 17, 2024, the project team has yet to deploy the new token. The new MORPHO will also be a supply-capped crypto, with a maximum and total supply of 1 billion. The token's supply distribution shares are shown in the chart below.

 token before its market launch. Bybit Pre-Market Trading is an over-the-counter (OTC) trading platform that provides access to promising new cryptocurrencies before their listings on the Spot market. The key advantage of the platform is the ability to access cryptocurrencies at desirable rates before the broader crypto market affects their prices.

Bybit's carefully designed curation process ensures that only crypto assets with solid potential and fundamentals are whitelisted for Pre-Market Trading. This saves you the time required to investigate each cryptocurrency, and reduces the risk of investing in scam projects. Naturally, you’re also encouraged to 

 on crypto assets you might consider purchasing through Bybit Pre-Market Trading.

Morpho represents a unique and potentially highly effective approach to DeFi lending and borrowing. The platform's facilitation of isolated and highly customizable lending markets gives DeFi users unmatched freedom in terms of choice and variety. In addition, users who prefer the stability of curated and well-defined risk profiles can take advantage of Morpho Vaults for more predictable yields. The use of the overall underlying protocol liquidity along with entities such as allocators makes Morpho Vaults particularly effective at optimizing lending and borrowing costs.

While custom lending markets launched via the protocol are now Morpho's key focus, the legacy Morpho Optimizers also continue to offer value. P2P matching of lenders and borrowers as an add-on to the standard pool-based mechanism is a functionality many DeFi users will find helpful. Morpho Optimizers can offer lenders and borrowers active on Aave and Compound an alternative and highly effective way of conducting their operations.

With this arsenal of innovative and unique products, the Morpho protocol is quickly shaping up as a leading platform in the lending niche of the DeFi industry.

Advanced

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Morpho (MORPHO): Leading Efficient, Permissionless Crypto Lending

Puff is a meme coin with a dragon-based theme. It uses a gamified mechanic for distribution and is based on the Ethereum blockchain. Learn more here.

 are designed solely for entertainment, so they can have a lot of unusual and creative features. One example of the interesting applications of meme coins is Puff. This fun coin aims to attract users by adding elements of story and gamification to its design. If you're interested in learning about Puff and seeing why it's so popular lately, check out this guide.

 is a meme coin with a dragon-based theme. It uses a gamified mechanic for distribution and is based on the 

 blockchain. It encourages users to engage in its ecosystem by following along with Puff the Dragon's storyline.

mETHLab is an Ethereum-based lending and borrowing protocol. It's fixed-term and fixed-rate, with no forced 

 of collateral. Users can supply PUFF or mETH tokens and borrow mETH or USDe against these tokens.

 for the mETH Protocol. Users who hold mETH or participate in certain parts of the Puff the Dragon ecosystem can acquire points that will be converted to COOK. People can also acquire COOK by burning PUFF.

Puff aims to attract users with a novel approach to meme coins and lending. Its ecosystem takes the trending 

 ideas of gamification and storytelling and applies them to its products. For example, instead of simply borrowing on the mETHLab protocol, users are encouraged to "cook with Puff the Dragon in the mETHLab." The creators hope this adds a little extra fun and enjoyment that makes people more interested in working with their system.

As the dragon's origin story explains, Puff is also attempting to combine two opposing viewpoints into its ecosystem. Puff the Dragon is a "black and gold dragon" that is part chaos and part lawful order. Similarly, Puff's ecosystem tries to combine the regulation of 

. Unlike other ecosystems that either “play it safe” or focus on experimentation, Puff hopes to combine the two concepts into one system.

 network. All of its features are run through Ethereum’s system, so the project is reliable and secure. However, its secondary layer operates parallel to the main network, so it’s more scalable and features lower fees than Ethereum’s. The full ecosystem is accessible through the project's online website. This helpful interface guides people through staking, borrowing and lending Puff's digital assets in a fun, gamified manner. Unlike with traditional exchanges, the videos, cartoon assets and entertaining visuals are used to create a gamelike, fantasy feel.

The Puff the Dragon project offers far more than just a single, tradeable meme coin. Once you get involved in its ecosystem, you can access all of these exciting features.

The Puff Penthouse is where fans of Puff the Dragon can interact with the whole ecosystem. Users can stake and burn PUFF tokens, or send tokens to the mETHLab through this interface. It features many adorable and intriguing pieces of 3D art that add to the Puff lore.

 within the Puff the Dragon ecosystem. Each NFT features an individualized rendition of the project's dragon. There are currently 8,888 NFTs, ranked according to rarity. The rarest level, Legendary Puff Dragons, has 388 different variations.

Mystic Potions are another set of NFTs within the ecosystem. They come in red, green, blue and other colors, and can be used to mint Puff NFTs. There are 8,888 Mystic Potions, each one a 

. Only original ecosystem users are able to receive a Mystic Potion, but if desired, they can convert it to a Puff NFT and sell it.

PUFF is the main token of the Puff the Dragon ecosystem. In addition to trading like a standard meme coin, it can also be used for staking and lending. PUFF has a total supply of 888.888888 million tokens, 

 are indefinitely locked. Tokens will be distributed as follows:

The PUFF token has undergone plenty of price fluctuation since it was released. Shortly after its launch in April 2024, the coin shot up to an 

. However, as user interest waned, its price dropped to an ATL of $0.03 in September 2024. Nevertheless, there’s still a lot of interest in trading the token. Its price is back up to $0.0947 as of Nov 18, 2024, and many traders are bullish.

Analysis of market conditions from DigitalCoinPrice suggests a slightly different story: a small price decrease of around 2% to 5% in the upcoming weeks before rising in value as 2025 approaches. According to DigitalCoinPrice, by 2025 Puff 

, and by 2030 the token may be worth up to $0.54.

Looking to trade Puff tokens? Bybit now offers the PUFF/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

PUFF is an exciting project that's gotten a lot of interest recently. Thanks to its charming story and blend of helpful features, PUFF has done a great job of maintaining user engagement. The coin's trading volume is also fairly stable. This is a token worth investing in if you enjoy seeking out underrated yet promising meme coins.

 toward Puff the Dragon's design. Some feel that the coin's tokenomics and general structure keep it from being a true meme coin. Instead, they suggest that the coin is operating more like a web3 yield-farming system, but is using the meme coin label to get away with lax regulation and an imprecise road map. This doesn't necessarily mean the coin is doomed to failure, but it does mean you might want to look at it more critically than you might regard other meme coins. Since volatility is inevitable, it's essential to use 

 strategies such as portfolio divestment before buying PUFF.

Puff (PUFF) is an intriguing model of a meme coin that uses features besides memes to attract users. By creating a gamified staking and lending mechanism, Puff hopes to capture users' attention and get them invested in its dragon-themed storyline. Though this project still needs to prove that it can attract more fans, it's on the way to generating significant levels of interest. 

Intermediate

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Puff (PUFF): Entering the Magical Realm of Puff the Dragon

As Bitcoin's dominance persists, emerging regulatory clarity may catalyze a resurgence in altcoins, particularly for platforms like Ethereum and Solana, which are poised to benefit from a pro-crypto environment.

: Donald Trump’s election signals a pivotal shift in cryptocurrency policy, moving from skepticism to advocacy, which may redefine the regulatory landscape.

: The election result triggered immediate and substantial reactions in the crypto markets, particularly evident in Bitcoin's price surge, reflecting heightened investor optimism.

: A Republican-controlled U.S. Congress could lead to clearer and more favorable regulations for digital assets, fostering innovation and investment in the sector.

: As Bitcoin's dominance persists, emerging regulatory clarity may catalyze a resurgence in altcoins, particularly for platforms like Ethereum and Solana, which are poised to benefit from a pro-crypto environment.

Donald Trump’s re-emergence as the “crypto president” represents a dramatic turnaround in his relationship with the cryptocurrency sector. Once a vocal critic, his 2024 campaign embraced Bitcoin, positioning it as central to his economic strategy. This transformation can be attributed to the substantial financial contributions from crypto firms, which played a crucial role in his campaign, underscoring the industry's growing political influence. By vowing to make America the “crypto capital of the planet,” Trump not only appeals to a burgeoning voter base invested in digital assets, but also aligns himself with the interests of powerful crypto stakeholders. This shift could fundamentally alter the regulatory framework governing cryptocurrencies, potentially easing restrictions and fostering an environment more conducive to innovation.

The immediate aftermath of Trump’s victory was characterized by significant volatility in the crypto markets, particularly with Bitcoin (BTC) experiencing a sharp rally from approximately $70K to nearly $90K. This movement was not merely speculative; it reflected a broader alignment of market sentiment with political outcomes. The use of on-chain prediction markets such as Polymarket illustrated how traders adjusted their positions in real time based on election developments. As Trump's victory appeared more likely, BTC’s correlation with these prediction markets intensified, showcasing a direct link between political events and crypto valuations. This responsiveness highlights the increasing intertwining of traditional financial markets with crypto as investors seek to leverage political insights to inform their trading strategies.

Regulatory Outlook and Congressional Influence

With a Republican majority in both chambers of the U.S. Congress, the potential for significant regulatory reforms in the cryptocurrency space is heightened. Historical context reveals that previous efforts, such as the FIT21 Act, aimed to delineate the regulatory authority over digital assets, although it faced challenges in legislative passage. However, the current political landscape, coupled with substantial financial backing from crypto-friendly Super PACs, sets the stage for a more favorable regulatory environment. The election cycle demonstrated the effectiveness of targeted political spending in reshaping legislative priorities, particularly in key Senate races. 

As newly elected officials take office, their pro-crypto stances could lead to expedited discussions and potential passage of critical regulatory frameworks, thereby reducing ambiguity and fostering a more robust investment climate.

While Bitcoin continues to dominate the market narrative, the potential for altcoins to gain traction is significant, especially in light of a supportive regulatory environment. Historical patterns suggest that Bitcoin's dominance often peaks during bull markets, followed by a capital rotation into altcoins as investors seek higher returns. The recent surge in Bitcoin's price has overshadowed altcoins, and yet the incoming administration's pro-crypto posture may catalyze renewed interest in platforms like Ethereum and Solana. These networks, which facilitate smart contracts and decentralized finance (DeFi) applications, stand to benefit from increased investment as regulatory clarity emerges. The influx of capital into altcoin markets could be accelerated by the anticipated legislative focus on fostering innovation within the cryptocurrency sector, marking a potential shift in market dynamics as investors diversify their portfolios beyond Bitcoin.

In conclusion, Trump's presidency heralds a transformative period for the cryptocurrency landscape, characterized by potential regulatory clarity and increased market participation. As the political and financial realms converge, stakeholders in the crypto ecosystem must remain attuned to the evolving landscape, ready to adapt to new opportunities and challenges that arise in this dynamic environment.

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Bybit x Block Scholes Institution Report: Takeaways From the U.S. Election and What to Look For Next

Nansen has partnered with TRON DAO to integrate the TRON network into Nansen V2, enhancing on-chain analytics for the TRON ecosystem. 

Daily Top Performer — Virtuals Protocol (VIRTUAL)

The S&P 500 climbed 0.4%, driven by a nearly 5% surge in Nvidia shares ahead of its highly anticipated earnings report, which lifted market sentiment despite ongoing geopolitical concerns.  Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.15%, with Bitcoin rising by 1.13% and Ether dropping by 1.62%, in the past 24 hours.

Today's top performer is VIRTUAL, which surged 5.2% after the launch of Agentstarter, empowering founders to build successful AI agents with Virtuals Protocol.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. Virtuals Protocol introduces 

, an AI agent launchpad offering funding, development support, and distribution for creators. It aims to help founders build successful AI agents within a thriving ecosystem and long-term incentive structure.

Check Out the Latest Prices, Charts, and Data of 

 to integrate the TRON network into Nansen V2, enhancing on-chain analytics for the TRON ecosystem. This collaboration aims to provide developers, users, and projects with valuable data to foster growth and innovation. The integration will offer advanced features like Token God Mode, Wallet Profiler, and Smart Alerts, helping optimize decentralized applications (DApps) and improve transparency within the community. TRON’s high-speed, low-cost blockchain infrastructure will benefit from these enhanced analytics to further empower the ecosystem.

Yesterday, total inflows into BTC Spot ETFs amounted to $600.3 million, with $16.2 million coming from GBTC and $584.1 million from non-GBTC sources.

 allows users to earn XP for transactions, quests, gas fees, and referrals in its wallet. XP, while offchain, is tied to wallet addresses and used to level up and unlock exclusive rewards. Key features include free transactions on the ZERϴ Network, daily quests, and retroactive XP for active wallets before mid-October. Rewards enhance the onchain experience but are non-transferable. The program encourages bridging assets to ZERϴ and active participation to maximize XP and rewards.

Beginner

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Nansen Partners with TRON DAO to Enhance On-Chain Analytics for TRON Ecosystem

Bybit Learn

GameFi

web3

Telegram-based crypto games run on the Telegram app and use blockchain tech. Some of the best Telegram-based games include Notcoin, Hamster Kombat and Yescoin.

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For over a decade, Telegram has been one of the most popular instant messaging apps in the world. Thanks to the intriguing new applications of crypto, Telegram has even more ways to appeal to users. The app is now the host of a variety of crypto games that can provide users with entertainment and profits. How does crypto gaming work on Telegram — and are Telegram games really worth playing? Keep reading to find out.

Telegram-based crypto games run on the Telegram app and use 

. Most of these games involve simple goals, such as tapping the screen or completing a task. The games use the blockchain to keep track of information and provide users with crypto rewards.

Telegram games rely on new updates to Telegram that make it possible to run programs through the messaging app. First, game creators start by designing web apps with JavaScript or other types of programming languages. Next, they create a 

. The automated bot sends regular messages to users to run the game. 

Depending upon the game, users can either respond to the bot in the Telegram app or click on a link to visit a browser-based version of the game. Either way, users who participate in Telegram games become part of a larger community. Most games include features such as scoreboards and competitions that encourage players to see who can play best and earn the most points. 

These crypto games take the concept of Telegram games and link it to the blockchain. The Telegram bot then sends information to a blockchain oracle that posts details from the game on-chain. Some games use the blockchain to keep track of individual user accounts or points totals. Most games also use it to manage the in-game economy and distribute monetary rewards in the form of crypto tokens.

The Rise in Popularity of Telegram-Based Crypto Games

The technology that allows Telegram to run crypto games has only been around for a short time, but it's already taking the crypto world by storm. In just a few short months, multiple games have managed to attract millions of users. For example, 

 within a couple of months. The top games on Telegram currently have more than 150 million people playing them. 

It's worth noting that this popularity has had effects on the crypto community as a whole. Some games have released crypto coins that are being widely traded by gamers and investors alike. In particular, 

 has managed to achieve a market capitalization approaching $2 billion. This rise in popularity has also impacted entire blockchains. Many of the Telegram games are run on 

 (previously known as Telegram Open Network, before Telegram abandoned the project and transferred it to the community, who renamed it), which has helped boost the popularity of the network's native token, TON.

Pros and Cons of Telegram-Based Crypto Games

Telegram games on the blockchain are certainly a novel and exciting concept, but are they actually a good idea? Take a look at the pros and cons to decide for yourself.

Following are some of the many reasons people choose to play Telegram games with in-game assets on the blockchain:

Like any other crypto gaming system, Telegram games do also have some potential downsides:

To get a better understanding of how Telegram games on the blockchain work, take a look at some of the most popular games on the market.

is one of the most recent Telegram games to launch on the market. It’s a mini game that blends the nostalgic gameplay of 

with the thrill of cryptocurrency rewards. Players have to successfully open the blocks while avoiding the bombs. Despite just having launched at the end of September 2024, the game has already amassed over 2.6 million monthly active users.

Players are encouraged to create a Bybit account and link their Bybit UID to the game to log their progress and earnings. Every completed round enables players to earn Leaderboard points. The faster they clear the fields, the more Leaderboard points they’ll have. With more Leaderboard points, players can also earn a share of the prize pool.

 another recently launched game by Bybit Web3, invites players to embark on a virtual space adventure where they control an aircraft and avoid meteorites to earn Space Points. 

: Farming Mode and Dodge Mode. For players who prefer idle games, Farming Mode enables the player’s aircraft to fly automatically on a set path, collecting Space Points over a duration of three hours. Players simply need to come back three hours later to restart the game. For players who are more interested in active gameplay, Dodge Mode offers a greater challenge, as players have to maneuver their aircrafts while they collect gift boxes and avoid meteorites. 

 has been one of the top Telegram games for months. This game contains an appealing blend of simple gameplay and complex strategy. The most basic level of 

 simply involves tapping a hamster to mine HMSTR coins. For optimal mining, users have to do more than just a single click. You'll need to balance your various boosts and participate in quests. Users can also receive benefits from joining the 

 Telegram channel and interacting with the community.

s native token, HMSTR, was airdropped to players on Sep 26, 2024.

 The token is now fully tradable on crypto exchanges such as

 have become depositories for real-world crypto with defined values. 

 is now planning the release of its second season, in which a player is no longer the CEO of a crypto exchange, as in the first season, but rather the CEO of a game development studio. The game’s road map also indicates that the 

team is looking to integrate external payment systems and NFTs, and to launch new games within the platform.

 is one of the oldest Telegram-based crypto games, and it still remains a classic option. A simple clicker-style game, 

 has been around since early 2024. Users generate tokens by tapping on a button on the Telegram app. The game then mines these tokens on TON to create actual crypto assets. 

 has attracted a lot of praise for its simple yet intriguingly addictive premise.

The game's native token, NOT, has already attracted significant attention. Not only are people mining NOT tokens in the game, but they're also trading them on crypto exchanges

 There are over 102 billion NOT on the market, and the game's coin has a market cap of over $808 million. 

 game design and make it a little more exciting. The game requires users to swipe in certain directions in order to earn coins. It features an old-school pixel background, and encourages people to swipe wildly to collect as many tokens as possible. 

 features multiple leagues, and users who earn enough to get into higher leagues receive even better bonuses. In the later stages of the game, it even includes mechanics such as automated coin collection tools.

The game's swipe-to-earn mechanics and charming aesthetic have proven to be quite popular. It's gained over 8 million members for its Telegram channel in just a month, and has millions of people playing its game. Players of 

 earn tokens that will allow them to collect YES crypto coins in an upcoming airdrop. 

 is another Telegram game with a straightforward and easy premise. Anyone who adds the 

 bot to their Telegram channel can tap the screen and mine coins. As you progress through the game, you unlock boosters that let you further fine-tune your earning potential. 

 has leaderboards and competitive leagues that make it even more fun to play, as users can race each other and work to outscore opponents.

 stands out from some of the other clicker games on Telegram because it's not just on the TON blockchain: it’s also integrated into the 

 blockchain. Users earn in-game currencies as they play 

, and can then cash out their funds by converting them to a token called TAPS. 

 has proven very popular with Solana fans and already has over 30 million users. However, the game is 

 as a tradable currency on exchanges, so only time will tell if this game's popularity can last.

This play-to-earn game is a popular choice among players who want more complex gameplay in a virtual world. In it, players in charge of a cat colony select cats, collect resources and design a settlement for their animals. Though the game’s system has fewer users than simple play-to-earn games like 

, it's done an excellent job of retaining customers with its appealing gameplay.

 has two separate in-game currencies: FISH coins are used to level up your creatures, while vKitty points affect your position on the leaderboard. Catizen's system allows players to exchange their vKitty points for CATI tokens, the official crypto tokens that are tradable on crypto exchanges.

is a popular Telegram game in which players tap on a gem to earn 

 coins. Players can also engage in daily tasks, ciphers and combos to earn more coins. As they continue to play the game, players will advance through leagues that boost the amount of coins they earn per tap. The lowest tier, Bronze, rewards players with just one coin per tap. However, the fifth and highest tier, Diamond, rewards players with a whopping 16 coins per tap. To enhance its gameplay, 

also offers players the chance to adjust their earning rates by joining teams.

currently has over 17 million players on Telegram, and 1 million followers on X. No one is exactly sure when 

will conduct an airdrop, which will provide users with significant rewards. However, the 

 users on X that “The Next Big Thing” is coming up, and many users are looking forward to it in the hope that an airdrop of the game’s token will finally occur.

 provides plenty of socialization opportunities for players. Through its Telegram channel, players can join a clan system and work together to win competitions. Users complete missions within the app, and earn points that help boost their clan. The game's theme is internet memes, so it has a lot of humorous references that crypto fans will enjoy.

Players purchase keys that they use to unlock points and rewards. The main goal of the game is to accumulate points, which 

 will then convert into crypto once it’s completed its testnet phase. 

is still a newer game, but its unique clan system has already attracted a lot of attention, 

 is a clicker game whose players tap to earn coins. Its concept is somewhat similar to other play-to-earn games like 

, but its design is more streamlined: simply tap the dot and earn points. There are some booster options you can purchase, but you don't need to perform complicated mathematics to optimize your performance. 

 is popular among users looking for an alternative to 

. However, it's still fairly new, and hasn't managed to acquire quite as many users yet. 

 hasn’t released any crypto tokens yet either, so community members who play the game are still speculating on market prices for the token. 

s creators have said that they plan to release a token soon that will let users convert their 

 is part of the category of Telegram games called tap-to-earn games, which encourage users to tap a button on the app and accrue points. The game also offers some chances to earn points by completing quests and performing activities. Unlike many other tap-to-earn games, 

 also has a complex market for people to buy and sell exclusive skins and boosters.

 is one of the top crypto games that’s already launched its currency. Users can exchange their points in the app for 

 tokens. The exchange rate for these tokens is 

 their tokens to earn staking rewards, and can also connect any TON crypto wallet to the 

 is an intriguing mix of tap-to-earn and quest-based gameplay. It guides users through various quests they need to complete, such as referring friends and performing tasks on social media. At the same time, players can also earn points by regularly tapping on the app's homepage. This creates a fun blend of mindless, addictive mechanics and social interactions. 

, they start to earn rewards that come in the form of points, also called W-Coin. If you like to earn staking rewards, you can choose to lock these coins and earn extra funds. It's also possible for coin holders to participate in votes on how to run the game. 

Previously, players were deciding whether to launch the game's native token on

 through community votes that the game’s token be launched on the TON blockchain.

 is a quest-based game on Telegram. Users are given quests from the Telegram bot, and then earn in-game items and points based on how well they finish quests in the virtual world. 

 project, so users who get points can begin automatically turning their points into crypto.

 is GODL, but many other virtual assets are also available in the system. 

 is also an NFT mining project. Players can receive NFTs for their actions and trade them based on rarity. 

 is one of the more elaborate Telegram games. It's incorporated into a broader virtual world within the 

 space, so users can choose to visit the site for more complex gameplay options. Explore a cyberpunk universe, craft robots and battle others in player-versus-player (PvP) battles. Within the Telegram space, 

 is mostly a tapper. You can click on the bot to earn points to spend in the in-game economy.

 is an intriguing look at how to incorporate Telegram games into a broader web3 ecosystem. Though the Telegram game itself isn't likely to attract its own dedicated audience, it does receive regular use from people playing the main 

has launched its crypto token, PIXFI, which is currently available for trading on various crypto exchanges, including Bybit.

 and TON. Users can click on the Telegram bot in order to earn money. In addition to competing with other people to see who can tap the most, players also get to experience a daily rewards system. Each day, players have a task they can complete to earn more tokens.

 is called TREZ. Each tap results in directly earning TREZ tokens, so 

17 Best Telegram-Based Crypto Games That Should Be on Your List

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards