One protocol can control most of the market, and in DeFi this happens through liquidity. The logic is simple: users go where the token rates are best, and where there is less slippage to get a better experience and result. And the best rates are where there is more liquidity. In the end, a snowball effect occurs. The more liquidity there is in a protocol, the more trades go through it; and the more trades there are, the more new liquidity comes in.

This is how dominance is formed. In $TON , this effect is clearly visible on STONfi. It is one of the key AMM protocols across the entire network, through which swaps, farming, and liquidity operations take place. This protocol became a convenient entry point, with simple swaps, integrations, and access to tokens. In turn, that’s what attracted most users, and they, in turn, provided even more liquidity to the network.



This, in turn, gives developers even more opportunity. It’s easier for them to integrate a single large source of liquidity than dozens of smaller ones. As a result, STONfi begins to embed itself into wallets, mini-apps, and other services, strengthening its position already at the infrastructure level.



And in the end, the protocol becomes the center of attraction for the ecosystem. STONfi already processes millions of swaps and billions of dollars in volume, combining liquidity and users in one place—proving its leadership across the entire network.