Tonly is a trading terminal inside Telegram. Connect your wallet via TON Connect, trade with up to 125× leverage, switch between Hedge and One-way modes. No docs, no waiting.
These are real Tonly screens: TradingView candles, order book, live positions and orders.
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tonly.app/app
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Web terminal
Dense exchange layout at 1600px: chart, book, positions and orders in one view.
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Telegram mini app
Long/Short pinned to the bottom, trade panel slides up — one tap to fill.
Features
Everything you actually need
We stripped the clutter and kept the essentials.
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Instant execution
Positions open and close in one tap. No lag, no queues.
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TON Connect
Connect your own wallet and trade right away. Your keys stay with you.
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Sign in with Telegram
No passwords, no e-mail, no selfies. Open the app and trade.
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Up to 125× leverage
Flexible risk management, isolated and cross margin.
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Live charts
Candles, volumes, order book and key pairs — inside the mini app.
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Liquidation rebate
A unique mechanic: part of your loss on liquidation comes back to you. You won't find this anywhere else.
Trading modes
Hedge & One-way
Pick the mode that fits your style. Switch in one tap.
One-way
Mode A
One position per pair — Long or Short. Perfect for clean directional trades and beginners.
Simple logic
Easier margin management
Lower fees
Hedge
Mode B
Hold Long and Short on the same pair at once. Hedge risk and trade volatility without closing your main position.
Hedge without closing
Separate liquidations
Flexible risk control
How it works
Three steps to your first trade
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Open in Telegram
Launch the mini app right from a chat — no signup needed.
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Connect your wallet
TON Connect links your wallet in two taps. Your keys stay with you.
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Start trading
Pick a pair, leverage and mode — open trades in one tap.
Referral program
Two ways to earn: friend saves, you earn
How it works
Friends who join via your link automatically get −10% off their trading fee on every trade — forever. In return, you receive 10% of every commission they pay — not once, but on every single trade they make. Rewards pool up in a pending balance and you claim to your USDT balance with one tap. Liquidation cashback up to 50% stays on top — it grows with your number of active referrals.
Active = account ≥ 7 days old · code applied ≥ 7 days ago · deposits ≥ 100 USDT held ≥ 7 days · turnover ≥ 5,000 USDT in 30 days · ≥ 10 closed trades in 30 days. Inactive referrals drop out of the count automatically.
Cashback tiers%
011+ active referrals5%
023+ active referrals10%
0310+ active referrals20%
0425+ active referrals30%
0550+ active referrals40%
06100+ active referrals50%
Partnership program
Become a Tonly Partner
For large channels, communities and traders with real reach. A personal rate of up to 50% of every commission your referrals pay — forever, with no 30-day cap. Credited to pending the moment each trade fills, claim to USDT with one tap.
Regular referral: 10%. Partner: 50%. Liquidation cashback up to 50% stays on top.
Guide
The Complete Guide to Perpetual Trading on TON
Perpetual futures are the most traded instrument in crypto, and on TON they now live inside Telegram. This guide explains what a perpetual contract is, how leverage and margin actually work, where funding rates come from, and how liquidation is calculated — using the exact mechanics Tonly runs.
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What is a perpetual contract?
A perpetual future is an agreement that tracks the price of an asset — BTC, ETH, TON — without ever expiring. You never hold the underlying coin; you hold a position that gains or loses value as the mark price moves.
Because there is no settlement date, a perpetual needs a mechanism to stay anchored to spot. That mechanism is the funding rate, described below.
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How leverage works
Leverage multiplies your exposure relative to the collateral you post. With 100 USDT of margin at 10x, you control a 1,000 USDT position: a 1% move in your favour returns roughly 10% on your margin, and a 1% move against you costs the same.
Leverage does not increase your expected profit — it compresses the distance to liquidation. On Tonly each market publishes its own maximum leverage (up to 125x); traders who last tend to use a fraction of it.
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Isolated vs cross margin
Isolated margin ring-fences collateral per position. If that position is liquidated, only its margin is lost, and the rest of your balance is untouched. This is the safer default for directional bets.
Cross margin lets the whole available balance back the position. Liquidation happens later because more collateral absorbs drawdown, but a single bad trade can consume the account. Use it when you actively manage risk.