{"id":"upton-finance","hidden":false,"ipfs":"QmUHca7Tx7NxdHEAL2Dp8AgwWfgMfuW4HQ8LpNQqNFdtXY","language":"en","transactionHash":"0x945199d58f50a663cb9ea1e06eb58800992344ffa88a1a59230d0f47aa37ff9b","created":"2024-08-20T14:38:53.343Z","updated":"2026-09-03T16:20:31.216Z","title":"Upton Finance","summary":"Upton Finance is a CeDeFi platform on the TON blockchain, offering 15% APY on staked USDT and TON within the Telegram ecosystem.","content":"**Upton Finance** is a Telegram-focused yield platform whose current site describes AI-driven memecoin trading and USDT [staking](https://iq.wiki/wiki/staking); it was initially presented as a TON-based CeDeFi restaking protocol.[[2]](#cite-id-tgogh1ailp)[[1]](#cite-id-t5vdjtpv3n)\n\n## Overview\nUpton Finance was earlier described as a [decentralized finance](https://iq.wiki/wiki/defi) platform within the Telegram ecosystem operating on the [TON](https://iq.wiki/wiki/the-open-network-toncoin) [blockchain](https://iq.wiki/wiki/blockchain). That positioning presented it as the first [CeDeFi](https://iq.wiki/wiki/cedefi-centralized-decentralized-finance) restaking protocol on [TON](https://iq.wiki/wiki/the-open-network-toncoin), intended to address the gap in high-yield savings products within the ecosystem. \n \nIn that earlier description, users could stake [USDT](https://iq.wiki/wiki/tether) and [TON](https://iq.wiki/wiki/the-open-network-toncoin) tokens, with a stated [annual percentage yield (APY)](https://iq.wiki/wiki/annual-percentage-yield-apy) of 15%. Upton Finance was positioned as the money market fund of [TON](https://iq.wiki/wiki/the-open-network-toncoin), seeking to provide Telegram's extensive user base with access to secure, yield-generating financial services.[[1]](#cite-id-t5vdjtpv3n)[[2]](#cite-id-tgogh1ailp)[[3]](#cite-id-rbnz0k2xr0d) \n \nThe current official site positions Upton Finance as a Telegram-oriented, AI-powered memecoin-yield platform. It describes USDT [staking](https://iq.wiki/wiki/staking) to mint USDton and advertises 15%+ APY. The site describes Upton AI as trading [memecoins](https://iq.wiki/wiki/memecoins) on [Solana](https://iq.wiki/wiki/solana) and TON, with a strategy combining funding-rate [arbitrage](https://iq.wiki/wiki/arbitrage) and U.S. Treasury-bill yields. These yield and strategy descriptions are the project’s claims.[[2]](#cite-id-tgogh1ailp)\n\n## History\nOn November 1, 2024, [Gate](https://iq.wiki/wiki/gate).io announced pre-market OTC trading for UPTON Points, explicitly distinguishing them from the UPTON token. The announcement listed the maximum supply of UPTON Points as 1 billion and the UPTON token maximum supply as undetermined.[[10]](#cite-id-fci473ly7v)\n\nOn November 26, 2024, [BlockBeats](https://iq.wiki/wiki/blockbeats) reported that Upton Finance said Upton Earn's TVL exceeded $2 million. The report said UP Coin [Staking](https://iq.wiki/wiki/staking) Season 1 was available, advertising 18.5%+ annualized yield and accumulation of $UP points toward a future governance-token [airdrop](https://iq.wiki/wiki/airdrop).[[11]](#cite-id-178jqg7ghy)\n\nOn December 22, 2025, AiCoin reported Gate's announcement suspending pre-market OTC trading for Upton Finance (UPTON). Gate's current pre-market page labels the offering \"Canceled.\"[[12]](#cite-id-o1ow60sltu)[[13]](#cite-id-prd7rwcu40)\n\n## Products\n\n\n### Staking Mechanism\nEarlier product materials described a [staking](https://iq.wiki/wiki/staking) mechanism where users could deposit [USDT](https://iq.wiki/wiki/tether) and [TON](https://iq.wiki/wiki/the-open-network-toncoin) tokens in exchange for USDton tokens, which aimed to yield a 15% annual return. The materials said the system ensured asset security through third-party custodians and used strategies such as basis [arbitrage](https://iq.wiki/wiki/arbitrage) and AI-driven trading to optimize returns. They also described an option to redeem USDton tokens for the equivalent amount of the original assets, allowing for liquidity and flexibility.[[3]](#cite-id-rbnz0k2xr0d)[[4]](#cite-id-qq1q9dxxzm) \n ![Screenshot 2024-08-20 at 23.25.08.png](https://ipfs.everipedia.org/ipfs/QmQHL3S3J34uZs92b1GWw8H1BjQYU9wTUiwVrxo3cJCe3s)\n\n### High Returns\nEarlier product materials described a [staking](https://iq.wiki/wiki/staking) product that aimed to offer users a 15% [annual percentage yield (APY)](https://iq.wiki/wiki/annual-percentage-yield-apy) through USDton tokens, primarily using low-risk [arbitrage](https://iq.wiki/wiki/arbitrage) on funding rate contract fees. The materials outlined plans to introduce $UPTON [governance tokens](https://iq.wiki/wiki/governance-tokens), which could potentially increase returns up to 30% [APY](https://iq.wiki/wiki/annual-percentage-yield-apy). They described yield generation as relying on [arbitrage](https://iq.wiki/wiki/arbitrage) strategies and AI-driven trading to optimize returns while managing risk.[[3]](#cite-id-rbnz0k2xr0d)[[5]](#cite-id-b8sjcv0mz4)\n\n### User-Friendly Experience\nEarlier product materials described Upton Finance as aiming to offer a user-friendly experience through access via a Telegram Bot and web interface. They said it sought to simplify financial management with an intuitive design and gamification elements. The materials described users depositing [USDT](https://iq.wiki/wiki/tether) and [TON](https://iq.wiki/wiki/the-open-network-toncoin), receiving USDton tokens that accrued interest, and managing investments with real-time updates. They also described educational resources and community support intended to enhance accessibility and user engagement.[[3]](#cite-id-rbnz0k2xr0d)[[6]](#cite-id-rgzuw16x7ms)\n\n### Upton AI and Telegram Mini-Games\n\nThe current official site describes Upton AI as trading [memecoins](https://iq.wiki/wiki/memecoins) in [Solana](https://iq.wiki/wiki/solana) and TON markets and says its strategy combines funding-rate [arbitrage](https://iq.wiki/wiki/arbitrage) with U.S. Treasury-bill yields.[[2]](#cite-id-tgogh1ailp) It presents Telegram mini-games as a route for onboarding users to financial products, with game interfaces through which users can stake USDT or other on-chain assets to mint USDtg or USDton. The site reports more than 1.6 million active players.[[2]](#cite-id-tgogh1ailp) These current published product descriptions expand beyond the earlier description of USDT/TON [staking](https://iq.wiki/wiki/staking) and USDton; they are descriptions and figures reported by the project’s site.\n\n## Tokenomics\n\n\n### Earlier Upton Finance Token Plan ($UPTON)\nThe existing token plan describes $UPTON as the [governance token](https://iq.wiki/wiki/governance-tokens) of Upton Finance, with a total supply of 21 million tokens on the [TON](https://iq.wiki/wiki/the-open-network-toncoin) [blockchain](https://iq.wiki/wiki/blockchain). It was intended to support governance and decision-making processes within the platform. The plan also described a strategic [airdrop](https://iq.wiki/wiki/airdrop) model to promote adoption and engagement among Web2 and [Web3](https://iq.wiki/wiki/web3) users in the Telegram ecosystem.[[8]](#cite-id-ems7xoq59gv) This is the earlier token description; the current official site presents a $AIUP token profile.[[2]](#cite-id-tgogh1ailp) [Gate](https://iq.wiki/wiki/gate)'s November 2024 pre-market product represented UPTON Points rather than the $UPTON token, and Gate later canceled its pre-market offering in December 2025.[[10]](#cite-id-fci473ly7v)[[12]](#cite-id-o1ow60sltu)[[13]](#cite-id-prd7rwcu40)\n ![Screenshot 2024-08-20 at 23.24.22.png](https://ipfs.everipedia.org/ipfs/QmTuPevboKZVg5XaycSVn68uhk3sWuaQecdPxyxtFSy5zt)\n\n### Earlier $UPTON Allocation and Revenue Sharing\nThe $UPTON token allocation described in the existing investment deck is: \n \n* **Venture Capital (VC)**: 20% \n* **Team**: 15% \n* **Advisors**: 5% \n* **[Airdrop](https://iq.wiki/wiki/airdrop)**: 15% \n* **Ecosystem Incentives**: 25% \n* **Community Treasury**: 20% \n \nThe deck stated that revenue from the Upton protocol would share 50% with $UPTON stakers.[[9]](#cite-id-9y9z538h976) These are terms of the earlier $UPTON plan, not the revenue-sharing description on the current official site.\n\n### $AIUP Token\n\nThe current official site describes $AIUP as a [governance token](https://iq.wiki/wiki/governance-tokens) with a total supply of 21 million. It says users can earn $UP Points through [staking](https://iq.wiki/wiki/staking) and referrals, and links [airdrop](https://iq.wiki/wiki/airdrop) eligibility to game participation and [staking](https://iq.wiki/wiki/staking); the site states that 80% of the [airdrop](https://iq.wiki/wiki/airdrop) allocation is for the community.[[2]](#cite-id-tgogh1ailp) The site describes revenue sharing as 80% to users and 10% to $AIUP holders.[[2]](#cite-id-tgogh1ailp) These are descriptions of the current token model published on the site.\n\n## Partnerships\n\nUpton Finance's key partners include: \n \n* [TON](https://iq.wiki/wiki/the-open-network-toncoin) [Foundation](https://iq.wiki/wiki/foundation) \n* [TON](https://iq.wiki/wiki/the-open-network-toncoin) Research \n* OpenAI \n* [Ethena](https://iq.wiki/wiki/ethena) \n* [Binance](https://iq.wiki/wiki/binance) \n* [OKX](https://iq.wiki/wiki/okx) \n* [Solana](https://iq.wiki/wiki/solana) \n* [Near](https://iq.wiki/wiki/near-protocol) \n* [Base](https://iq.wiki/wiki/base) \n* [Uniswap](https://iq.wiki/wiki/uniswap) \n* [Lido](https://iq.wiki/wiki/lido-dao) \n* [dhedge](https://iq.wiki/wiki/dhedge) \n* [Pendle](https://iq.wiki/wiki/pendle-finance) \n* [DWF Labs](https://iq.wiki/wiki/dwf-labs)[[7]](#cite-id-0pb571haucuk) \n \n ![Screenshot 2024-08-20 at 23.25.37.png](https://ipfs.everipedia.org/ipfs/QmW8iifCnoBgJ1jPUAUs4PsHsx3fDWYCdUwHMv5fbqM35x) \n\n ![Screenshot 2024-08-20 at 23.24.40.png](https://ipfs.everipedia.org/ipfs/QmQkYRSPsZULKF9tYEppBetAUweoYjLskdjWbMGQLrszSt) ","recentActivity":null,"operator":{"id":"0x1e23b34d3106f0c1c74d17f2cd0f65cdb039b138"},"categories":[{"id":"projects-and-protocols","title":"Projects & Protocols"}],"tags":[{"id":"Infrastructure"}],"images":[{"id":"QmPQvZyrKUyQsEfJcsFeVoBdYNvdXSM6oiDp4AKT3VZyQs","type":"image/jpeg, image/png"}],"media":[{"name":"1500x500-15.jpeg","id":"QmXuW99iVWXeTFpEDx6LHPTt6jz4HZ1XJxAi5rLKL9Ttg4","size":"0.06","type":null,"source":"IPFS_IMG"},{"name":"Screenshot 2024-08-20 at 23.24.40.png","id":"QmQkYRSPsZULKF9tYEppBetAUweoYjLskdjWbMGQLrszSt","size":"0.35","type":null,"source":"IPFS_IMG"},{"name":"Screenshot 2024-08-20 at 23.25.08.png","id":"QmQHL3S3J34uZs92b1GWw8H1BjQYU9wTUiwVrxo3cJCe3s","size":"0.24","type":null,"source":"IPFS_IMG"},{"name":"Screenshot 2024-08-20 at 23.25.37.png","id":"QmW8iifCnoBgJ1jPUAUs4PsHsx3fDWYCdUwHMv5fbqM35x","size":"0.10","type":null,"source":"IPFS_IMG"},{"name":"Screenshot 2024-08-20 at 23.24.22.png","id":"QmTuPevboKZVg5XaycSVn68uhk3sWuaQecdPxyxtFSy5zt","size":"0.73","type":null,"source":"IPFS_IMG"}],"linkedWikis":{"founders":[],"blockchains":[],"speakers":[]},"events":[{"title":"Upton Earn surpasses $2 million TVL","date":"2024-11-01","type":"DEFAULT","description":"Upton Finance announced that Upton Earn’s total value locked had exceeded $2 million. The report also noted that UP Coin Staking Season 1 was available, advertising 18.5%+ APY and accumulating UP points toward a future governance-token airdrop.","link":"https://news.cnyes.com/news/id/5790655","country":"","continent":"","multiDateStart":null,"multiDateEnd":null,"id":"b9bdc153-60e6-4d7d-afff-619a9cae8922"},{"title":"Gate.io opens UPTON Points pre-market trading","date":"2024-11-01","type":"DEFAULT","description":"Gate.io announced pre-market OTC trading for UPTON Points, not the $UPTON token; the token’s maximum supply was still listed as undetermined in the announcement.","link":"https://www.coincarp.com/exchange/announcement/gate-io-40336/","country":"","continent":"","multiDateStart":null,"multiDateEnd":null,"id":"c2232381-8759-49ab-8266-97621bf1fc03"}],"founderWikis":[],"blockchainWikis":[],"metadata":[{"id":"website","value":"https://www.uptonfi.com"},{"id":"twitter_profile","value":"https://x.com/upton_fi"},{"id":"telegram_profile","value":"https://t.me/uptonfinance"},{"id":"references","value":"[{\"id\":\"t5vdjtpv3n\",\"url\":\"https://docs.uptonfi.com\",\"description\":\"docs - Introduction\",\"timestamp\":1724161645140},{\"id\":\"tgogh1ailp\",\"url\":\"https://www.uptonfi.com\",\"description\":\"upton finance website\",\"timestamp\":1724161661050},{\"id\":\"rbnz0k2xr0d\",\"url\":\"https://docsend.com/view/adsni6ka7qdkes5r\",\"description\":\"Upton Finance Investment Memo\",\"timestamp\":1724162311660},{\"id\":\"qq1q9dxxzm\",\"url\":\"https://docs.uptonfi.com/product-how-it-works/staking-mechanism\",\"description\":\"docs - staking mechanism\",\"timestamp\":1724163106316},{\"id\":\"b8sjcv0mz4\",\"url\":\"https://docs.uptonfi.com/product-how-it-works/high-returns\",\"description\":\"docs - high returns\",\"timestamp\":1724163224580},{\"id\":\"rgzuw16x7ms\",\"url\":\"https://docs.uptonfi.com/product-how-it-works/user-friendly-experience\",\"description\":\"docs - User-Friendly Experience\",\"timestamp\":1724163399102},{\"id\":\"0pb571haucuk\",\"url\":\"https://docs.uptonfi.com/partnership\",\"description\":\"docs - partnerships\",\"timestamp\":1724163513017},{\"id\":\"ems7xoq59gv\",\"url\":\"https://docs.uptonfi.com/usdupton-tokenomics\",\"description\":\"docs - tokenomics\",\"timestamp\":1724163562331},{\"id\":\"9y9z538h976\",\"url\":\"https://docsend.com/view/ye5cj24xvc2re2ft\",\"description\":\"Upton Finance Deck\",\"timestamp\":1724163706694},{\"id\":\"fci473ly7v\",\"url\":\"https://www.coincarp.com/exchange/announcement/gate-io-40336/\",\"description\":\"Gate announcement on UPTON Points pre-market\",\"timestamp\":1792791491871},{\"id\":\"178jqg7ghy\",\"url\":\"https://news.cnyes.com/news/id/5790655\",\"description\":\"BlockBeats report on Upton Earn and UP Coin Staking Season 1\",\"timestamp\":1792791491871},{\"id\":\"o1ow60sltu\",\"url\":\"https://www.aicoin.com/en/news-flash/2680423\",\"description\":\"AiCoin report on Gate suspension\",\"timestamp\":1792791491871},{\"id\":\"prd7rwcu40\",\"url\":\"https://www.gate.com/pre-market/UPTON\",\"description\":\"Gate UPTON pre-market page\",\"timestamp\":1792791491871}]"},{"id":"previous_cid","value":"QmUHca7Tx7NxdHEAL2Dp8AgwWfgMfuW4HQ8LpNQqNFdtXY"},{"id":"commit-message","value":"Expand Upton Finance wiki with timeline and tags"},{"id":"previous_cid","value":"QmUHca7Tx7NxdHEAL2Dp8AgwWfgMfuW4HQ8LpNQqNFdtXY"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x1e23b34d3106f0c1c74d17f2cd0f65cdb039b138"},"views":871}