For critical bond-percolation on high-dimensional torus, this paper proves sharp lower bounds on the size of the largest cluster, removing a logarithmic correction in the lower bound in Heydenreich and van der Hofstad (Comm Math Phys 270(2):335–358, 2007). This improvement finally settles a conjecture by Aizenman (Nuclear Phys B 485(3):551–582, 1997) about the role of boundary conditions in critical high-dimensional percolation, and it is a key step in deriving further properties of critical percolation on the torus. Indeed, a criterion of Nachmias and Peres (Ann Probab 36(4):1267–1286, 2008) implies appropriate bounds on diameter and mixing time of the largest clusters. We further prove that the volume bounds apply also to any finite numbe...