Jetton Token Complete Analysis: How the TON Ecosystem's Token Standard Is Changing the Blockchain Application Ecosystem

Why Should You Pay Attention to the Jetton Token Standard on The Open Network?

The Open Network (TON) is a high-performance blockchain developed by Telegram, designed for large-scale applications and transactions. In this ecosystem, the Jetton token standard is becoming a key force driving the rapid development of decentralized applications.

Unlike Ethereum’s ERC-20 token standard, Jetton tokens are native to TON’s protocol, leveraging TON’s unique technical architecture, including sharding technology and asynchronous messaging mechanisms. This means Jetton tokens are not just tokens but form the foundational infrastructure layer of the entire TON ecosystem.

Core Mechanisms of Jetton Tokens: Understanding from a Technical Perspective

The Essential Difference Between Jetton Tokens and ERC-20

Jetton Token Features:

• Operate on the TON blockchain, with each token managed by an independent smart contract
• Fully utilize TON’s advanced features, such as sharding and asynchronous messaging
• Fast transaction speeds and low fees

ERC-20 Token Features:

• Run on Ethereum, with all balances managed by a single smart contract
• Wide application scope and high ecosystem integration
• Prone to network congestion under high transaction volumes

How Jetton Tokens Work

Jetton tokens operate based on two key types of contracts:

Main Contract (Jetton Master Contract): Responsible for managing basic token information, including total supply, metadata, and administrative permissions. These contracts ensure all Jetton tokens conform to predefined parameters and standards.

Wallet Contract (Jetton Wallet Contract): Handles individual user balances and transactions. Each user’s balance is stored in a separate smart contract, significantly enhancing security and flexibility through this decentralized design.

In actual transfers, Jetton tokens employ an innovative messaging mechanism: the sender’s wallet sends a message to the receiver’s wallet to update balances, while also handling transfer notifications and refunds of remaining TON tokens. This design guarantees transaction efficiency and security.

Popular Jetton Projects in the TON Ecosystem

JetTon Games (JETTON)

This is a gaming ecosystem platform that integrates JETTON tokens for in-game activities. Players can use JETTON to participate in games, place bets, and earn rewards. The platform also incorporates NFT mechanisms and referral programs to encourage user invitations, forming a gaming ecosystem centered on community participation and transparency.

Gram (GRAM)

As a widely recognized Jetton project within the TON ecosystem, GRAM is mainly used for transactions within the ecosystem and payments for various dApps. Thanks to TON’s high speed and low fees, GRAM has become an ideal choice for daily transactions.

Resistance Cat ($RECA)

This community-driven Jetton project aims to promote decentralization initiatives on TON. $RECA has gained widespread attention due to its active community and creative marketing activities, mainly used in community management projects and events.

ARBUZ

ARBUZ is a widely used Jetton project on TON, especially in the DeFi sector. It is primarily used to provide liquidity and support trading across various DeFi projects, earning user trust through its stability and reliability.

How to Create Your Own Jetton Token on TON

Step-by-Step Guide

Step 1: Prepare a TON Wallet
Download MyTonWallet or Tonkeeper, create an account address. Ensure you have enough TON tokens (usually around 10 TON) to cover creation fees.

Step 2: Access the Minter Tool
Visit the TON Minter platform to create digital assets. Connect your TON wallet to the Minter interface.

Step 3: Configure Token Parameters
Enter token name, symbol, decimal places, logo, and total supply. You can also add token description and notes.

Step 4: Deploy Smart Contract
Click “Connect Wallet,” then click “Deploy” to confirm creation. After confirmation, your Jetton token will appear in the TON browser.

Technical Foundations Needed

• Main Contract: Manages overall token information, including total supply and metadata
• Wallet Contract: Handles user balances and transfers
• Data Storage: Uses Cell data structure for efficient storage

Practical Use Cases of Jetton Tokens

Stablecoin Ecosystem

Jetton tokens can be used to create stablecoins pegged to assets like USD. Tether (USDT) on TON is a typical example, enabling low-cost value transfers and greatly enhancing ecosystem liquidity.

Decentralized Exchanges (DEX)

Jetton tokens play a core role in TON’s DEXs. These DEXs allow users to exchange tokens directly on-chain without intermediaries, reducing fraud risk and enhancing privacy. STON.fi is a successful DeFi project built using the Jetton token standard.

Economic Models and Crowdfunding

Projects can issue their own Jetton tokens to create unique economic models and crowdfunding mechanisms. Similar to the early ICO boom, this allows projects to raise funds, incentivize participation, and build innovative ecosystems on TON.

Security Risks and Protective Measures for Jetton Tokens

Common Scams

Fake Airdrops: Scammers promise free Jetton tokens but require private keys or wallet info. Never share your private key.

Impersonation Tokens: Fraudsters create fake tokens with similar names and logos. Always verify contract addresses through official channels.

Phishing Attacks: You may receive emails or messages claiming to be from official platforms, tricking you into clicking malicious links. Always verify sender identities.

Best Security Practices

1. Verify Contract Addresses: Always compare token contract addresses with official announcements
2. Use Trusted Platforms: Store and trade Jetton tokens only on reputable wallets like MyTonWallet or official exchanges
3. Enable Two-Factor Authentication: Add 2FA for extra account security
4. Stay Informed: Follow updates from the official TON community to learn about the latest security threats and protections

How to Query Detailed Jetton Token Data

Using API Methods

Use the get_jetton_data() method to obtain key information about Jetton tokens, including total supply, minting permissions, and metadata. This is crucial for verifying token authenticity.

Toncenter API Tools

Toncenter API is a powerful tool for accessing TON blockchain data:

1. API Endpoints: Use /runGetMethod endpoint to call methods like get_jetton_data()
2. Parameter Settings: Specify contract address and method name
3. Data Retrieval: API returns total supply, admin address, and related metadata

Other Data Query Tools

• TON Block Explorer (e.g., tonscan.org): View Jetton balances and transaction history
• Wallet Interface: Most TON wallets have built-in tools to view and manage Jetton tokens

Future Development Directions of the Jetton Token Standard

The Jetton token standard is continuously evolving. The next major upgrade includes wallet address discovery features, making it easier for applications to locate and interact with specific Jetton wallets, greatly simplifying token management.

Additionally, integration of external message tokens is in planning, further expanding the application scope and flexibility of Jetton tokens.

These improvements will enhance the overall competitiveness of the TON ecosystem, enabling developers to create more complex applications and optimize user experience. These advancements are expected to attract more developers and users into the TON ecosystem, driving ongoing innovation.

Summary

Jetton tokens, as the native token standard of the TON blockchain, provide a reliable foundation for creating and managing custom cryptocurrencies. From stablecoins to DeFi applications and innovative economic models, Jetton tokens demonstrate broad application potential.

Their technical design—including main contracts and wallet contracts—ensures secure and efficient token management. As the standard continues to improve and the ecosystem expands, Jetton tokens are poised to become a vital driver of TON’s prosperity. Whether you are a developer or user, understanding Jetton tokens’ mechanisms and applications will help you better participate in the development of the TON ecosystem.

Further Reading

• Efficient dApp applications within the TON ecosystem
• MyTonWallet creation and usage guide
• In-depth analysis of the TON blockchain and Toncoin