Something big just dropped on @Ton Network and barely anyone’s talking about it yet.
STON.fi recently integrated Ethena’s USDe, and I genuinely think this might be the #DeFi moment TON needed. Now let me explain why this matters and why I'm honestly hyped 👇
So… what’s USDe, and why should you care?
It’s not your typical stablecoin. USDe is synthetic and fully crypto-native, backed by ETH and LSTs like stETH. It maintains its peg using a clever delta-neutral strategy (long ETH + short perpetuals).
In short: It doesn't rely on banks or fiat, and it earns real yield (unlike USDT or USDC). This is a stablecoin that pays you just for holding it.
Now here’s where it gets interesting. STON.fi recently became the first DEX on @Ton Network to integrate USDe, and here’s what you can do right now:
🔹You can swap into USDe directly from TON or USDT.
🔹Stake it to earn rewards in real time (you receive tsUSDe).
🔹LP it without locking your tokens plus, still earn rewards while doing it.
🔹And the kicker: you can earn up to 30x Ethena Points if you’re providing liquidity. That’s 30x more than you'd get staking directly on Ethena.
And yes, all of this works inside the Telegram wallet or Tonkeeper.
Currently, there are 3 active @Ethena USDe pools on STON.fi, so I'll be explaining them a bit⬇️
🔹Pool 1: USDe/USDT
This pool is a low risk pool with minimal price swings, so almost no impermanent loss to worry about. By providing liquidity on this pool, you can stack Ethena Points with a 30x multiplier for future airdrops + swap fees.
🔗 https://app.ston.fi/pools/EQBSUY4UWGJFAps0KwHY4tpOGqzU41DZhyrT8OuyAWWtnezy
🔹Pool 2: TON/USDe
This pair lets you swap between stability (USDe) and growth (TON). It's ideal for TON holders who want synthetic dollar exposure. Current 30d average APR is around 9.85%, but you should also know this pool is subject to impermanent loss if $TON fluctuates significantly.
🔗 https://app.ston.fi/pools/EQBSUY4UWGJFAps0KwHY4tpOGqzU41DZhyrT8OuyAWWtnezy
🔹Pool 3: tsUSDe/USDe
tsUSDe is just staked USDe and it gains value daily from staking yield. Normally you’d have to wait 7 days to unstake, but this pool lets you swap out instantly.
Since tsUSDe keeps appreciating, this pool creates constant arbitrage opportunities. Super low risk, but best if you really understand how the staking flow works.
🔗 https://app.ston.fi/pools/EQAF6mNbKhaMrfyhdNcrEnRKW1fXA3jmkS6KM7azm9PunYx5
TON has been building quietly, but this is the first time I’ve seen a #DeFi move here that checks all the boxes:
✅ Real yield
✅ Crypto-native stablecoin
✅ Telegram native UX
✅ Early LP incentives
Honestly? This feels like a glimpse into what DeFi could look like for actual users.
If you're in the #TON ecosystem, or looking for stable yield without relying on fiat, this is worth your attention.
