STON.fi Dev has successfully closed a $9.5 million Series A funding round led by top-tier investors Ribbit Capital and CoinFund — a pivotal moment in the protocol’s mission to lead the decentralized finance revolution on TON.
This funding comes as a validation of STON.fi’s explosive growth and unmatched dominance:
🔹 $6+ billion in total swapping volume
🔹 Over 27 million transactions processed
🔹 ~80% of TON’s DeFi users rely on the protocol
🔹 Ranked #1 on TON by unique active wallets
The investment will supercharge the protocol’s next phase of innovation, enabling:
✅ Development of concentrated liquidity pools for more capital efficiency
✅ Rollout of native limit order functionality
✅ Launch of a community governance layer
✅ Expansion into cross-chain capabilities via the Omniston protocol
> This investment affirms STON.fi's role as the foundational DeFi layer on TON and validates our relentless focus on building products that matter,
— Slavik Baranov, CEO of STON.fi Dev
> STON.fi has quickly become the gravitational center of DeFi activity on TON, and we believe it's just getting started,
— Alex Felix, CIO of CoinFund
With this Series A round, STON.fi enters a new era — one defined by scalability, governance, and multi-chain expansion. This is more than just capital — it’s a signal of institutional trust and belief in the vision of borderless decentralized finance.
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