Weekly Round-Up: Another milestone week for and the TON ecosystem.

May closed with approximately $331M in swap volume, representing a 5× increase from April. The growth highlights increasing DeFi activity across TON and stronger adoption of on-chain liquidity.
Here's what happened this week:
1. Vibe Coding Hackathon Wave 2 reached its finale
31 participants, including builders returning from Wave 1, successfully shipped TON applications powered by infrastructure and Mira AI integration.
Projects were presented to mentors and fellow builders, demonstrating how quickly new products can be launched within the TON ecosystem.
2. Protocol fee conversions are now fully transparent
The community-approved mechanism for converting protocol fees into STON and GEMSTON is now visible through a public on-chain transparency page.
Users can monitor treasury-related conversions in real time, creating a fully verifiable record of DAO-approved actions.
3. Toncoin and Token Bridge will shut down on September 1, 2026
After the shutdown date, bridged asset transfers will no longer be possible.
Users holding bridged assets should review their wallets and complete withdrawals before the deadline. Transfer fees have been waived during the remaining withdrawal period.
4. Farming opportunities remain active
Key pools to watch include:
• STON/USDt V2
• JETTON/USDt
• JETTON/TON
The STON/USDt V2 pool continues to offer Boost Farm APR for eligible STON stakers, while JETTON pools maintain boosted monthly reward programs.
Current Farm APRs:
• PEPEK/TON — 769%
• USDt/JETTON — 107%
• TONG/TON — 72%
• STON/USDt — 16%
Weekly DEX Performance:
• Swap Volume: 35.7M TON ($61.4M)
• TVL: 16.3M TON ($28.1M)
• LP Rewards Distributed: 51,776 TON ($89,055)
The trend remains clear:
More builders.
More liquidity.
More transparency.
More activity across TON DeFi.
Which update do you think will have the biggest long-term impact on the ecosystem?
#TON #DeFi #Web3