Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The Shift in TON's DEX Landscape



✧ - - - - - - - - - - - ✧

[1] | The Early Leaders

The $TON blockchain initially saw two major decentralized exchanges. DeDust was the first, quickly capturing most of the total value locked. STONfi entered the scene later, starting from a position behind in both TVL and trading volume.

[2] | A Divergence in Development

A clear difference in development pace emerged. DeDust's progress stalled, with even simple interface fixes, like displaying token icons on mobile devices, taking many months to resolve. During this period, STONfi continued to attract people with a more reliable and functional interface.

[3] | The Turning Point

STONfi eventually surpassed DeDust in all key metrics. The initial lead was a modest 50%, but the gap continued to widen as development priorities diverged. A significant factor was STONfi's introduction of the Omniston protocol.

[4] | The Outcome of Innovation

The Omniston protocol, which aggregates liquidity for zero slippage and the best rates on the $TON network, solidified STONfi's advantage. The result is that STONfi's TVL is now over four times larger than DeDust's, whose presence is now largely sustained by support from the Ton Foundation.
TON-2.87%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)