TON Ecosystem Must-Read | Complete Analysis of Jetton Token Standard

The Open Network (TON) was created by Telegram and is a high-performance public blockchain capable of handling large-scale transactions and applications. The design goal of the TON ecosystem is to build a complete decentralized service system covering multiple dimensions such as finance, storage, DNS, and more.

In this ecosystem, the Jetton token standard plays an important role. Simply put, Jetton is a custom token scheme on the TON blockchain, comparable to Ethereum’s ERC-20. Through Jetton, developers can quickly create exclusive tokens on the TON blockchain to build complex decentralized applications.

Understanding the Core Logic of the Jetton Token Standard

Jetton tokens are programmable assets developed based on the TON blockchain. Each Jetton is driven by a smart contract and exists independently on the blockchain.

Jetton has a key property — fungibility. This means that each token under the same Jetton project has the same value and can be exchanged 1:1, just like traditional banknotes. This feature makes Jetton particularly practical in financial applications.

Jetton vs ERC-20: What are the differences?

Dimension Jetton Token ERC-20 Token
Blockchain TON Blockchain Ethereum
Contract Model Distributed wallet contracts Single centralized contract
Scalability Native support for sharding and asynchronous messaging Single-chain limitations
Ecosystem Maturity Emerging, rapidly growing Established, widely used

The advantage of the Jetton standard lies in fully leveraging TON’s advanced features—sharding technology and asynchronous messaging mechanisms—making token interactions more efficient and cost-effective.

Deep Dive into the Working Mechanism of Jetton Tokens

The Jetton ecosystem consists of several core components, each performing its own functions:

1. Jetton Main Contract Layer
The main contract manages global data of the entire token project: total supply, metadata, management permissions, etc. It ensures all transactions follow established rules and acts as the “brain” of the token system.

2. Personal Wallet Contract Layer
Each user’s Jetton balance is stored in an independent smart contract. This design maximizes security and flexibility—user assets are physically isolated from the main contract, reducing systemic risks.

3. On-chain Data Tracking
Through explorers like tonscan.org, users can view balances and transaction history in real-time. Each Jetton wallet has a unique address identifier, making it fully traceable.

4. Unique Transfer Process
Jetton transfers differ from traditional blockchains. The sender’s wallet contract sends a message to the recipient’s wallet contract, updating balances via message passing. This process includes two key steps: transfer notification (informing the recipient of incoming assets) and handling remaining messages (processing transaction fees related to TON tokens).

Active Jetton Projects in the TON Ecosystem

JetTon Games (JETTON)

This is a gaming platform where JETTON tokens are used for betting, participation, and rewards. The platform also integrates deeply with NFTs and has a referral reward mechanism. JetTon Games is essentially a community-driven ecosystem emphasizing user engagement and transparent operation.

Gram (GRAM)

GRAM is an important Jetton project within the TON network. It facilitates transaction circulation within the ecosystem and is widely used for various dApp payments. Thanks to TON’s high speed and low fees, GRAM has become the preferred choice for daily use.

Resistance Cat ($RECA)

A community-centered token project dedicated to promoting decentralized initiatives on the TON chain. $RECA has an active community and creative marketing activities, fostering a strong sense of belonging among holders.

ARBUZ (ARBUZ)

Primarily used in the TON DeFi ecosystem, providing liquidity and trading convenience for decentralized finance projects. It has gained user trust due to its stability and reliability.

Hands-On: How to Create a Jetton Token on the TON Chain

Creating a Jetton is not complicated and is similar to deploying an ERC-20 token on Ethereum, but thanks to TON’s advanced architecture, Jetton creation is more streamlined and efficient.

Preparation: Wallet and Funds

First, download a TON wallet app. MyTonWallet or Tonkeeper are good options. The wallet needs to be funded with TON coins for minting fees, usually around 10 TON is sufficient.

Access the Minting Tool

Log in to the TON Minter official website (this is the official token generation tool provided by TON). Connect your wallet to the platform interface.

Configure Token Parameters

In the minting tool, input your token information:

  • Token name
  • Token symbol (usually abbreviation)
  • Decimal places
  • Logo
  • Total supply cap

You can also add token description and notes.

Deploy Contract and Complete Creation

After confirming all information is correct, click “Connect Wallet,” then click “Deploy.” Wait for on-chain confirmation, and your Jetton will be officially created, available for query on TON Explorer.

Technical Requirements

To deploy your own Jetton, you need to understand two key contracts:

  • Main Contract: manages global token state and metadata
  • Wallet Contract: manages user assets and transfers
  • Storage Scheme: uses Cell data structures for optimized storage

Practical Applications of Jetton Tokens

Scenario 1: Stablecoin Issuance

Jetton can be used to create stablecoins—tokens pegged to fiat currencies like USD, EUR, etc. This is especially useful for daily transactions and risk hedging. For example, deploying USDT on the TON network via the Jetton standard enables low-cost value transfer, improving liquidity and trading efficiency.

Scenario 2: Decentralized Exchanges

Jetton is the main trading object on TON-based DEXs. STON.fi is a typical example—users can directly trade various Jetton tokens on it without third-party intermediaries, reducing trading risks and enhancing privacy.

Scenario 3: Project Financing and Crowdfunding

Jetton provides flexible financing tools for projects. Projects can create their own Jetton tokens, raise funds by selling to the community, incentivize early participants, and build an economic ecosystem. This mode echoes the early ICO wave that popularized blockchain technology.

Security Precautions in Jetton Interactions

When using Jetton, beware of scams:

Impersonation Airdrop Traps
Scammers send “free tokens” to lure you into revealing your private key or wallet seed phrase. Remember: legitimate projects will never ask you to expose your private key.

Fake Tokens
Malicious actors create clone tokens similar to well-known Jettons, with nearly identical names and logos. Prevention: always verify contract addresses from the official project website, and do not rely on memory.

Phishing Links
You might receive emails or messages claiming to be from official sources, asking you to click links to perform certain actions. This is a typical phishing attack. Prevention: check the sender’s address and refuse suspicious links.

Best Practices for Self-Protection

  1. Double-verify Contract Addresses: Before any transfer, compare the contract address with official announcements and project websites.
  2. Use Reputable Wallets: Store Jetton assets only in trusted platforms like MyTonWallet, official exchanges, etc.
  3. Enable Two-Factor Authentication: Add 2FA to your accounts to significantly enhance security.
  4. Stay Updated: Regularly follow TON official channels and community notices to stay informed about the latest scams.

How to Query and Extract Jetton Data

Using get_jetton_data() Method

This standard method retrieves key information about a Jetton: total supply, minting permissions, metadata, etc. It is crucial for verifying token authenticity.

Using Toncenter API

Toncenter API is a powerful tool for accessing TON chain data. Usage steps:

  1. Call the /runGetMethod endpoint
  2. Input the contract address and method name (e.g., get_jetton_data)
  3. The API returns detailed data about the token for analysis

Data Extraction Steps

  1. Interact with smart contracts via Toncenter API or other tools
  2. Execute get_jetton_data() to obtain token info (supply, admin address, metadata)
  3. View balances and transaction records on explorers like tonscan.org

Future Development Directions of the Jetton Standard

The Jetton ecosystem is still evolving. Recent major upgrades include:

Discoverable Wallet Addresses
Future updates will make it easier for applications to locate specific Jetton wallets, simplifying interactions between dApps and user assets.

Support for External Message Tokens
Plans to integrate external messaging features will expand Jetton’s use cases and flexibility.

The chain reaction of these upgrades is: developers can build more complex, user-friendly applications; dApps and Jetton wallets interact more smoothly; development barriers lower, attracting more innovators into the TON ecosystem. In the long run, this is vital for the growth and innovation of TON.

Overall Summary

The Jetton token standard on the TON blockchain provides a comprehensive framework for creating and managing custom assets. From stablecoins to DEXs, from crowdfunding to DeFi ecosystems, the application scenarios are quite rich. Its core technology—combining main contracts and wallet contracts—ensures system security and efficiency.

As the Jetton standard continues to improve, features like discoverable wallet addresses and external message integration will be gradually introduced, further enhancing TON’s ecosystem appeal. If you’re interested in blockchain development, now is a great time to explore Jetton tokens and master this versatile technology.

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