Former TON Foundation director Justin Hyun has unveiled Affluent, a decentralized finance (DeFi) investment app built directly into the popular messaging platform Telegram. The mini app aims to turn Telegram into a “smart bank for crypto,” allowing users to earn yields, lend digital assets, and access complex financial strategies—all through a single interface.
The next evolution of DeFi is here, and it’s happening inside Telegram.
— Affluent (@AffluentOrg) June 16, 2025
Introducing Affluent. Unlocking institutional-grade yield from BTC, Gold, and RWAs with just one tap.
A full breakdown 🧵 pic.twitter.com/bm7HhU6po9
Co-founded with Hyung Lee, a veteran of traditional finance (TradFi) options trading, Affluent is designed to bridge the gap between TradFi and DeFi. By integrating automated vault strategies and professional oversight, the app offers a simplified gateway to trustless crypto investing without the technical hurdles that often deter new users.
Affluent: Trustless Asset Management meets Telegram.
— Justin Hyun (@tonkongz) June 16, 2025
Unveiling our first Strategy Vault, TON Multiply Vault, a one-click tsTON (by @tonstakers) looping strategy.
More active and passive strategies are coming as well as Affluent Points.https://t.co/60kesin7xy
Affluent https://t.co/aj9vWHsMwb
“Affluent empowers everyday users to participate in DeFi without needing to understand complex protocols,” said Hyun. “We’re bringing institutional-grade asset management directly into Telegram.”
At its core, Affluent features two major innovations: the Strategy Vault and the Vault Manager. These tools allow users to deposit assets into vaults, where they are automatically diversified across top lending platforms to maximize yield. The Vault Manager system combines algorithmic asset allocation with expert judgment, ensuring optimized performance and enhanced security.
The platform’s integration as a Telegram Mini App means users don’t need to leave the messaging app to begin earning interest. This frictionless experience is expected to attract both seasoned crypto investors and newcomers seeking passive income opportunities.
Affluent’s launch also comes amid a resurgence in Toncoin (TON), the native cryptocurrency of The Open Network. TON has seen a dramatic uptick in trading activity, with daily volumes surpassing $1.5 billion in late May. Speculation surrounding a rumored $300 million partnership between Elon Musk’s xAI and TON’s AI ambitions has further boosted interest in the ecosystem.
Adding to the momentum, the TON Foundation recently appointed former Visa executive Nikola Plecas as VP of Payments, signaling its intent to integrate more deeply into the global financial system.
Also Read: Team behind popular Telegram wallet Grindery reveals wallet infra for AI agents
Affluent is well-positioned to capitalize on this growing momentum by aligning itself with Telegram’s massive user base and TON’s expanding infrastructure. The app not only simplifies DeFi but also showcases how traditional financial concepts can coexist with cutting-edge blockchain technology.
As DeFi continues its push toward mainstream adoption, apps like Affluent may play a pivotal role in making crypto finance accessible, trustworthy, and easy to use—right from the palm of your hand.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
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