TON Accelerator has added Bybit as its partner for its Synergy program. The Synergy program has already set aside $5M in grants for projects offering cross-chain solutions. TON Accelerator has added Bybit as the latest partner for its Synergy program. Bybit will become a partner by offering liquidity opportunities for projects in the first TON Accelerator cohort of projects. The first cross-chain partnership includes the native Toncoin chain and Manta, an EVM-compatible L2 chain. For now, the Synergy cohort of projects is still unknown, as the program is in the application stage, even before making selections. TON Accelerator outlined its preferred types of projects, among which is the presence of a universal Web3 wallet. The platform seeks its own version of the Phantom wallet, which carries four main chains and aims to offer cross-chain transfers for tokens and stablecoins. Other sample projects include cross-chain DeFi and yield platforms, multi-chain payments, staking, and collaterals, as well as cross-compatible DEX. Projects on TON Accelerator may also propose cross-chain games or AI agents. Bybit to offer marketing opportunities for Web3 projects Bybit has already established its position as the second-largest exchange by trading volumes after Binance. The market boasts more than 40M active users, compared to 240M for Binance. The exchange offers more than 300 token pairs and provides both centralized trading and Web3 services. The partnership is also linked to the Bybit Web3 program, which aims to create an open ecosystem for all projects. Bybit has already onboarded more than 130M wallets from over 30 major on-chain ecosystems. Bybit Web3 has already built a suite of widely used products for holding, swapping, collecting, and growing Web3 assets. The exchange operator provides low-risk wallets and access points for a global user base. The market operator will offer Synergy projects mentoring and marketing support, including onboarding assistance and visibility advice for each startup. Another key feature of Bybit is its ability to provide liquidity and jump-start trading for new projects. “ TON Accelerator’s partnership with Bybit marks a significant milestone for the TON ecosystem, ” said Sophia Rusconi, Head of Acceleration at TON Accelerator. “ The Synergy Cohort is set to accelerate the next wave of founders and startups, bridging the TON and EVM ecosystems ,” Rusconi said. TON projects will also gain access to the Bybit Web3 wallet, along with training on integration between Toncoin’s native chain and other EVM networks. The Synergy-supported projects will connect a potential user base of 950 million Telegram subscribers to available pools of cross-chain liquidity. Bybit will also offer access to $8.18 billion in daily liquidity, with more than $15 billion in value locked. Bybit has the potential to expand the Toncoin ecosystem, which has so far relied primarily on decentralized activity or its Binance listings. Toncoin ecosystem seeks additional liquidity For now, the TON ecosystem remains relatively isolated. Other chains are also retaining their liquidity, despite a drive to bridge more value. The TON Accelerator projects will offer specific gateways for cross-chain liquidity, encouraging more inflows and outflows. In total, cross-chain bridges handle $17.92 billion in monthly volumes, an encouraging indicator for the inclusion of TON startups. The TON chain, however, still has a relatively modest total value locked (TVL) of $328 million, but it holds $1.21 billion in stablecoin supply. This supply could potentially offer significant liquidity for payments and DeFi activities. Despite having its native USDT version, the Toncoin ecosystem remains disconnected from broader token transfers or wrapped Ethereum assets. Additionally, there is no mechanism for the backward adoption of Toncoin tokens into the Ethereum ecosystem. As a result, Toncoin ecosystem tokens are largely isolated from broader liquidity flows, existing outside the mainstream meme token space and general token trading activity. Even top Toncoin tokens are valued at just $19 billion , despite widespread adoption into real user wallets. Toncoin tokens are also predominantly tied to gaming applications, and not all are compatible with DeFi protocols or lending platforms. The ecosystem includes meme tokens and two primary DEXs, StonFi and DeDust, but it lags behind other blockchain ecosystems in terms of liquidity and integration. Some Toncoin assets are accessible via the Binance Web3 wallet ; however, Binance has not explicitly established liquidity for its TON ecosystem partner. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
