Wrapped TON After the Bridge Shutdown: 11.3 Million Tokens Still Stuck on the Deadline

NewsTue, 01 Sep 2026 12:40:53 UTC3 hours ago
Wrapped TON After the Bridge Shutdown: 11.3 Million Tokens Still Stuck on the Deadline

If you hold Wrapped TON on Ethereum or on BNB Smart Chain, you are facing a closed door today. The old TON bridge at bridge-v3.ton.org is being shut down permanently as of September 1, 2026. The wrapped token does not disappear from your wallet as a result, but the route by which it can be turned back into real Toncoin is no longer being operated.

How much is affected had not been published anywhere. So we counted on the morning of the deadline: at 06:56 UTC, Ethereum and BNB Smart Chain together held 11,344,908.81 Wrapped TON in wrapped form. Two weeks of reminders, waived fees and a fixed date have changed that figure barely at all.

TON Bridge and Wrapped TON: What Ends on September 1, 2026

The announcement dates from May 23, 2026. The operator of the TON bridge said it would permanently retire version 3 of the bridge at bridge-v3.ton.org, and named September 1, 2026 for it. Two directions are affected: Wrapped TON on Ethereum and on BNB Smart Chain is meant to go back to the TON network, and the so-called j-tokens on TON, meaning jUSDT, jUSDC, jDAI and jWBTC, are meant to go back to Ethereum. For the transition period the pro-rata bridge fees were waived, so that the return trip would not fail on price.

โ€ฆ Continue reading the full article at the original source below.

Read from Source ยท cryptoticker.io ↗
This content is automatically aggregated. Full credit goes to the original publisher (cryptoticker.io).

Related