what's ten?
TEN Protocol is a privacy-focused Ethereum Layer-2 solution utilizing Trusted Execution Environments (TEEs) for confidential smart contract execution. The project combines encryption with scalability, featuring MEV resistance, AI-native capabilities, and instant cross-chain bridging. With a total supply of 1B tokens, the protocol has demonstrated significant traction through its testnet with 3.4M daily interactions and 548,000+ wallets. Backed by notable institutions including R3 and KuCoin Labs, TEN is preparing for mainnet launch around October 2025, currently valued at $9M of a $30M target valuation. The protocol emphasizes programmable privacy, cross-chain interoperability, and secure execution while maintaining full EVM compatibility.
ten's team built CBDCs for UAE/Sweden, leveraging R3 Corda experience.
Backed by team members with R3 Corda experience who have built CBDCs for UAE and Sweden.
Users accuse the project of being a rug pull by the market maker, claiming Legion platform allows such activity with the same market maker involved in similar incidents with other projects like Almanak.
Token crashes -80% at launch from liquidity issues with current $3M market cap ($20M FDV), mainnet scheduled for January 2026, and the analysis is disclosed as sponsored content.
Token trades below ICO price post-launch, and allocation amounts reduced during claims process with $22 fees charged.
Token Generation Event launches today at 22:00 JST, with token listing simultaneously on MEXC, Gate, and KuCoin exchanges.
FUSE operates as Convertible Staking Token system where users stake stablecoins with guaranteed 1:1 redemption, exits trigger automatic token buyback and burn reducing circulating supply, and participation requires staking TEN tokens alongside stablecoins.
Token unlock system called FUSE ties all VC, team, and early backer unlocks to performance milestones rather than time-based vesting, with tokens remaining locked until objective network growth milestones are achieved.
Project achieves 500M+ testnet transactions across 633k active wallets, with Legion sale recording 5.6x oversubscription.
Launches Raise the Stakes program converting airdrop rewards into wTENX liquid tokens usable immediately in encrypted prediction games with up to 25,000x reward multipliers or redeemable for mainnet tokens later.
New $200k reward campaign launches with geographic distribution across Korea, Japan, China, and English-speaking regions for top snappers over 2 months.
Cookie Campaign final snapshot occurs in 2 days, marking the deadline for participants to secure their positions in the reward distribution.
New reward campaign launches with $360K pool for top 1000 participants
Tokenomics revealed with 43.2% allocation to community initiatives and 38.2% reserve earmarked for grants and hackathons to drive ecosystem expansion.
Community investment round closes 567% oversubscribed, indicating strong investor demand.
Public sale launches with $3M hard cap.
First wave of TEE-native applications launches across DeFi, finance, entertainment, and AI verticals through Zero to $TEN cohort program.
Nozomi Network joins as full-stack advisor for incubated projects through Legion.cc partnership.
Community investment round opens with no lockups, full TGE unlock, and better valuation than private rounds.
Launch confirmed on Legion.cc with guaranteed allocation for top 150 Cookie Snappers.
Protocol implements user-centric sequencer fee distribution model, diverging from traditional L2 extraction approaches.
Protocol reveals TEEncryption feature to combat $1.5B MEV extraction problem through encrypted transactions and private order matching.
New $360K $TEN token distribution campaign now active
$90K in $TEN tokens available through new $COOKIE staking partnership and Multi-Airdrop Farming mechanism.
Testnet phase now live with $TEN token distribution through social tasks and weekly ZEN earning opportunities.
Airdrop distribution goes live, marking day zero of token distribution phase.
New airdrop checker tool now available for participants.
Airdrop registration opens May 8-18, 20:00 UTC with 10-day registration window.
New security vulnerability discovered in TEE-based blockchain implementation.