Let's take a quick look at how exchanges work within the $TON network, specifically the DeFi part. I will also touch on the STONfi exchange, which is much more than just an exchange. And perhaps I'll start with it. This exchange started out like many other exchanges, but now it ranks at the top of all ratings on this network. According to official statistics, ~75% of all users of this blockchain trade on it. All other users trade on less popular exchanges, which offer highly individualized conditions that are unnecessary for ordinary users. And if this can be called the tip of the iceberg, let's delve a little deeper. On October 14, 2024, the aforementioned STONfi exchange launches the Omniston protocol. It immediately begins to gain momentum, as prior to its release, the team repeatedly discussed what awaits us after the protocol's release. And while Omniston was initially integrated into a relatively small number of projects, it is now used to perform a huge number of exchanges. And if we talk about the fairly popular Telegram wallet, then in TON Wallet in the United States, absolutely every exchange goes through this protocol. And now the Omniston protocol is the central element of the ecosystem that automatically performs most of the work necessary for better exchange. And here is a fairly brief but accurate description of who now allows us to perform exchanges on the $TON blockchain.
Almost a year has passed since the Omniston protocol was launched by the STONfi exchange. And absolutely everyone who has traded at least once on the $TON network since the launch of the protocol has already tried it, perhaps without even knowing it existed.
Trading has changed significantly. Before the protocol was launched, swaps were slower, and personally, my friends and I encountered slippage and some errors on more than one occasion, especially during periods of high volatility and strong temporary hype due to certain events that led to a large number of people making swaps at the same time.
The main thing is that STONfi is still improving this protocol, and they already have huge goals that will be achieved in the near future. For example, the most important goal is to implement Omniston in other networks, and the first in line will be the TRON network.
Yes, this morning is far from the best, as too many traders have suffered losses.
Unfortunately, I was no exception. The only thing that saved me a little was the liquidity pairs on STONfi, where, thanks to high APRs and protection against impermanent losses, I was able to keep something at the same level as before the sharp market decline.
I also have respect for stablecoins and stablepools, which I recently decided to try, and as it turned out, it was worth it. On STONfi, by the way, I tried a couple of stable pools, as they have an interesting feature that allows you to distribute the ratio of tokens yourself, which was new to me.
And by the way, I want to express my special gratitude to this exchange, because if it weren't for these pools, I would have been in a very big minus, as $TON and its ecosystem seemed to have fallen the most, but at least I still have enough for pizza.
Liquidity pairs continue to surprise, and this time they are surprising with their APR growth. The strongest growth is visible on the STONfi exchange on the $TON blockchain, as after integration with another top DEX, liquidity has increased significantly.
I will show you the most interesting pairs in my opinion and tell you about their features.
STON/USDT is a pair known for its protection against impermanent loss, which means that in the event of market fluctuations and changes in the value of tokens, the liquidity provider will receive compensation for losses.
USDe/USDT is an equally unique pair that includes the USDe token, which is Ethena's token and currently one of the fastest-growing stablecoins. This stablepool allows you to farm Ethena points.
And here are the APR pools that are at the highest level: BLUM/TON, APR - 39%. AMORE/TON, APR - 99%, SWITCH/TON, APR - 24%. By the way, this pair is also unique because it allows you to distribute the ratio of tokens yourself, as you wish.
Just recently, $TON saw a powerful collaboration that will once again improve the efficiency of exchanges across the entire blockchain.
I am talking about the integration of Tonco into the Omniston protocol from the STONfi exchange, which will not leave any future exchanges untouched.
If we look at it in more detail, there are quite a few advantages to this collaboration, as STONfi ranks first in the DEX rating of this blockchain, and Tonco, although lagging behind, still occupies a high position in this rating.
But let's move on to the advantages I want to talk about:
Let's start with the most pleasant one, namely, the increase in the profitability of exchange rates. Although Omniston already allowed trading at the best rates, now it will become even more attractive thanks to the liquidity provided by Tonco.
It is obvious that with additional liquidity, we will get even wider access to various tokens that exist throughout the network.
I will also touch on a more complex topic, one that is more difficult to deal with as it affects larger traders who trade with one specific token. I am talking about the fact that now, with very large exchanges, thanks to deep liquidity, the impact on the token will be significantly less than it was before.
After some time during which I did not follow crypto due to my health condition, I decided to check how liquidity pairs were doing on various exchanges, given that the market has been extremely unstable lately.
For my review, I chose the $TON network and the STONfi exchange, as I had been following it before and had personally verified the pools there.
I'll start right away with the STON/USDT pair, which has an APR of 18% and also has farming status and protection against impermanent loss, which is a very nice bonus to the high APR.
AMORE/TON, APR - 120%, a pair that has a very high APR and also a long farming status. This means that we will receive additional rewards for providing liquidity to this pool.
MAJOR/TON, APR - 43%. This pair has been around since the launch of the MAJOR token, and its APR has remained stable over time.
And the most surprising pair for me is HMSTR/TON. It surprised me because its APR is currently 62%. That's the immortal hamster community for you.
In conclusion, I conclude that despite the unstable market conditions, liquidity pairs remain a popular direction in DeFi.
Good news that mostly concerns those involved in developing a project in the $TON ecosystem, and even those who simply want to understand how to develop projects in the future.
I am talking about the fact that on September 30, experts from the STONfi team will hold an online workshop in which they will talk about how to implement swaps using SDK and how to correctly create code using AI. And for those who have already familiarized themselves with their SDK in advance, such a workshop will be an excellent bonus for consolidating their knowledge.
If I were working on a project, I would gladly participate in this event, but unfortunately, I abandoned my project a long time ago due to lack of time and the absence of such events that would help me.
In any case, if any of you want to add functional swaps, this is a great chance for you to figure out all the issues.
Today, while trading on $TON , I noticed how quickly swaps are processed compared to how it used to be. I was surprised by this and decided to find out why. I was trading on Telegram, specifically in TON Wallet.
I came across a news article stating that Omniston had been integrated into TON Wallet. I had heard of Omniston before, but I decided to read about it on the STONfi blog, https://blog.ston.fi/, to learn more. And there I found some very interesting articles that could be considered insider information.
I also learned that Omniston is integrated into various projects and exchanges. I tried swapping on two exchanges, STONfi and SwapCoffee. And yes, the swaps are just as fast there. I also read that Omniston will soon be released in cross-chain, and as I understand it, this will revolutionize trading for the better.
Have you noticed how APR in liquidity pools on various exchanges is growing in parallel with the market? Let's take the decentralized exchange STONfi on the $TON network as an example.
I chose DEX because the annual percentage rate on any such exchange will be higher than on any other existing CEX. And I chose $TON because new reliable tokens are released there more often, and they immediately enter liquidity pools. For example, this was the case with Major and PX tokens.
And here are some examples of popular pairs that currently have the highest APR or offer special conditions for liquidity provision. I will take the pairs from the STONfi exchange, as I found the best pairs there in my opinion.
STON/USDT, APR - 18%, this pair offers a unique protection opportunity and offers protection against impermanent loss. If the price of either of these two tokens starts to change, you will receive compensation of up to $100.
AMORE/TON, APR - 140%, just what I was talking about, as soon as this token was released, it immediately appeared on STONfi, and the APR in the pair has remained in the triple digits from the very beginning to the present moment.
STORM/TON, APR 27%, a token of the well-known Storm Trade exchange, and the most interesting thing is that, like the STON/USDT pair, it has the status of infinite farming, which means that it will last for a very, very long time.
For more information about liquidity provision, please follow this link. https://blog.ston.fi/
Let's imagine a situation where the $TON network had not been launched and had not gained the popularity it currently enjoys. To begin with, I will start with what made this network so popular. Various DeFi applications immediately come to mind, which caused a great deal of excitement, raising the popularity of cryptocurrencies in general. I will take Notcoin and Hamster Kombat as examples. Notcoin, because it gave rise to many other applications on Telegram, which was already popular. Due to FOMO, many people later started clicking on Hamster tokens, which led to madness and greatly increased the popularity of cryptocurrency as a whole for various audiences who were not previously interested in it. Continuing to talk about DeFi, which is still practically the most active among other networks on the $TON network. I would like to mention the STONfi exchange, which helped trade tokens obtained from applications through airdrops. This, in turn, led to novice traders starting their journey after that. Some people could throw tokens into liquidity pairs on the same STONfi, which had very high APRs at the time of token releases. In fact, STONfi's contribution to the development of trading is very noticeable, as due to its quick response, all tokens were immediately released there, sometimes even faster than on CEX. If you ask now, many successful traders started their journey through TGE games and STONfi. And coming to the answer, we can see how everything works very consistently in the $TON network, and if we hadn't seen at least some events in the past, then most likely, the world would not have received such a large influx of new traders, one of the most multifunctional exchanges, and such a pleasant community. Therefore, every event in this network is closely intertwined and forms one huge ecosystem. For me personally, The Open Network showed cryptocurrencies from a completely different perspective. You can also learn about some of the intricacies of this network yourself in an easy-to-understand blog. https://blog.ston.fi/
More and more often I started to notice that DeFi is developing much faster than CeFi, and more and more interesting projects and developments appear on it.
Sometimes there is even a lot of excitement around DeFi, which you won't find on the centralized sites. And the $TON network is the most important indicator. And if you think that's not true, here are the most popular examples:
Telegram NFT gifts, which are now more popular than regular NFTs. I'm sure all of you have some kind of Telegram gifts.
Various tappers on the same Telegram. Remember how last year the world was conquered by Hamster Kombat, so this is also a representative of DeFi, although later it grew into something more.
And of course I can't say nothing about DEX, as you know $TON has several unique exchanges that deserve special attention.
For example, the STONfi exchange, which started out as an ordinary exchange and now has a leading position in all the statistics of this blockchain. Many innovations have appeared thanks to this exchange. And many other unique projects have also appeared thanks to the grant program from STONfi and their SDK.
The most unique protocol Omniston was also launched by this exchange. It has changed the usual trading, and now most of the swaps are made through Omniston.
You can also learn about some of the intricacies of this network yourself in an blog. https://blog.ston.fi/
No matter what anyone says, no matter how much they disparage the $TON network, the fact is that it is one of the most advanced because no other network offers such an active community and support. In addition, literally one exchange on this blockchain is making far more innovations than any other exchange in the entire crypto industry. I'm talking about STONfi, and I doubt anyone can dispute my statement, as it is a pure fact. A huge number of partnerships, the best exchange statistics, TVL, active wallets, and the highest APRs in liquidity pairs. And I'm not saying this because I think so. It's because I've personally tried a huge number of both decentralized and centralized exchanges. And none of them offer so many different opportunities. Yes, if you take each opportunity one by one, you can find it on one exchange or another, but when it comes to the totality of these opportunities, it's hard to find exchanges like that. For example, liquidity pairs. On STONfi, there are always some APR pairs that are above 200%, and they offer the opportunity for farming, which in turn gives you the opportunity to earn additional tokens. The Omniston protocol is a step into the future. Imagine this situation: you have been trading on $TON for a long time, and sometimes, due to network load, you may encounter slippage or high commissions. This protocol has literally eliminated all of that, and now there will always be the lowest fees and the smallest chance of slippage. Most likely, there will be none at all. Omniston is already integrated into the most powerful projects on this network, such as the TON wallet and the SwapCoffee exchange. Isn't that enough to trust this protocol? Events are also worth mentioning, as there are often events held around the world dedicated to the future of the $TON network. It is definitely worth attending such events, as there is always a friendly vibe there. The most popular projects often speak there. At one of the events, it was possible to meet with the heads of BLUM, and the creation of the Omniston protocol was also announced in advance at one of these events. You can also learn about some of the intricacies of this network yourself in an easy-to-understand blog. https://blog.ston.fi/
I assume that not all of you have traded on the $TON network, and I want to share my experience of trading on this network. It's a really interesting experience.
Let me start with the platform I used for trading. I searched for a long time because it was important for me to find something very reliable and proven. I started trading on TON Wallet, and when I found out that Omniston was integrated into it, I switched to STONfi, which is the creator of this protocol.
A huge discovery for me happened when I delved into the details of this exchange. I saw a huge number of projects that were created with the help of the grant program represented by this exchange, as well as a huge number of collaborations. I don't know of any other project that has so many friends.
After I decided on the exchange, I went looking for something to do and immediately stumbled upon liquidity pools, of which there are many. There are even tokens there that I didn't know about before. But in those pairs that contained new and well-known tokens, the APR reached huge numbers. This immediately piqued my interest.
I also want to mention staking on this exchange. It has an interesting mechanism whereby, in addition to the main STON token, we also receive GEMSTON for staking, which can be immediately exchanged for something else.
And when you consider that all of this is within a single exchange, you immediately get the feeling that this is something unique to the $TON network.
I would also like to touch on Web3, as this network deserves a separate discussion because you can find literally everything there, from clickers to mining projects. And yes, there is less of it now, but each of you will still find something to your liking.
You can also learn about some of the intricacies of this network yourself in an blog. https://blog.ston.fi/
Today, my friend, a trader, told me that trading on the $TON network is nothing special and that it is boring. I immediately wanted to argue with him, but I couldn't put everything into one sentence, so I decided to write this post to show him all the possibilities of this network, and maybe some of you will learn something new as well. The diversity of DeFi is probably the key feature of this network, as there are so many different interesting projects that you simply won't have enough time to figure them all out. Of course, I could list the most high-profile projects for you, but you already know them, such as Notcoin or Major, which immediately became loved by absolutely everyone. Speaking of DeFi, I will also mention that $TON has the most active and developing decentralized exchanges. Take the top exchange of this network, STONfi, which created the most powerful and useful Omniston protocol, increasing the level of swaps even in the wallet inside Telegram. Or the Storm Trade exchange, which allows you to trade gold or oil. And I couldn't help but mention the APR in the liquidity pools of this network, which is many times higher than in other networks. I will take pairs for examples from the STONfi exchange, as I already mentioned it above. UTYA/TON, ARP - 290%, CHERRY/TON, APR - 550%, AMORE/TON, APR - 150%. You are unlikely to find such high APRs anywhere else, but on this blockchain, especially on the STONfi exchange, such pairs appear very often.
In my posts, I mentioned the Omniston protocol, developed by the STONfi development team specifically for the $TON network. So let me tell you more about this protocol.
Omniston is a protocol that essentially aggregates liquidity from various exchanges that integrate this protocol, such as the Coffee Swap exchange, or the recent integration into TON Wallet in Telegram. And if you want to swap your tokens, for example, $TON for USDT on the STONfi exchange, thanks to Omniston and the fact that it searches multiple exchanges, you will be offered the best rate at which you can make the swap. In addition, I am sure you have encountered slippage when trying to make a swap, so Omniston also fights this, and you will most likely no longer experience such slippage. At least I didn't experience it, even during heavy network load.
The developers also plan to enable this protocol to trade outside the $TON network, and as far as I know, the first network they want to use is Tron, which you are familiar with from the TRX token.
This protocol was developed almost a year ago, and it itself was developed and tested for over a year, and since its launch, there have been no errors. This means that it is reliable, and for me, as a frequent trader on this network, it has definitely become easier to trade.
You can also learn about some of the intricacies of this network yourself in an blog! https://blog.ston.fi/
STONfi continues to increase APR in its liquidity pairs, and this week I will tell you about the APR pairs that have become higher than on other various exchanges of the $TON network.
STORM/TON, APR - 22%. A token of another DEX in the $TON network, which is currently in 3rd place in terms of TVL.
CHERRY/TON, APR - 551%. The token of the legendary and very first sticker pack in Telegram, which almost every user has.
The pair with the UTYA/TON token has an APR of 283%. The UTYA token itself has the same history as the CHERRY token.
Well, pairs that have been around for a very long time are also worthy of attention. For example, the STON/USDT pair, which has protection against impermanent losses, or the JETTON/TON pair. Both of these pairs have been on STONfi for a very long time, and they are still going strong. You can also learn about some of the intricacies of this network yourself in an easy-to-understand blog. https://blog.ston.fi/
Let's choose the winner from the $TON network exchanges today. So that you know what each exchange has to offer.
STONfi is an exchange that has long been at the top of all DeFi statistics for this blockchain. It offers a huge variety of liquidity pairs, a huge selection of tools for developers, a good community, and an active team that travels around the world participating in various events. They also created the Omniston protocol, which is integrated into many large projects, including TON Wallet, which is a wallet within Telegram.
DeDust is an exchange that will remain in the hearts of many traders, as it used to rank second, competing with STONfi, and they literally shared the entire TVL between them. But now this exchange is no longer at the top as it was before, as it cannot offer anything unique that STONfi cannot offer, or any other DEX for that matter.
Storm Trade is an exchange that replaced DeDust, and for good reason. You can trade assets such as gold or oil right in Telegram. Another feature is that you can trade by opening short and long positions.
In principle, my choice falls on STONfi, as it actually offers an extensive list of features, and even though it does not offer leveraged trading, this is not a major loss, as this feature is clearly not for everyone.
I am writing this post primarily for those who have an idea to create an interesting project or exchange on the $TON network. However, if for some reason you have not started or have encountered an error during development, there is a solution for you. The STONfi exchange offers a grant program for all developers who have a development plan, providing $10,000 in assistance for development and implementation. In addition, with the help of their SDK, which can also be used to develop your own project, you will be able to create a good project that can make a significant contribution to DeFi $TON . In fact, this program can be a really strong impetus for someone to fully implement their project. And if you think that no one has used any of the things I have listed, you are mistaken. Here is a list of truly successful projects that once started with just an idea and a plan: Olivia AI - An AI assistant that can exchange tokens in all available pools on the STONfi exchange. TonTickets - A Web3 game where you can earn rewards in the form of NFTs or various tokens. And again, if you have a really interesting idea but lack the strength to implement it, this would be a great solution for you. Perhaps your project will be the one to conquer the $TON network.
There is another unusual integration on the $TON network. This time, the STONfi exchange has collaborated with the EVAA protocol.
This is an extremely powerful collaboration, as it opens up an extremely interesting opportunity for us. Namely, first, you can deposit liquidity into the TON/USDT pair and receive the same LP tokens as for providing liquidity to any other pair, but these tokens can then be deposited into the EVAA protocol as collateral in order to receive TON or USDT, deposit them back into this pool, and repeat this cycle several times, increasing the APR.
This is an extremely interesting thing, which in principle can be very useful at a time when $TON is not too volatile and cannot be quickly liquidated. But I think that those who will be running these cycles will take this factor into account in any case.
I was extremely surprised by this collaboration, as it is a direct merger that demonstrates powerful synergy, and it is very difficult to find such a thing in the vastness of various blockchains. But basically, observing STONfi, this is not the most surprising thing that could have happened.
As I am a frequent trader on the $TON network, I would like to share my experience over the summer, which, by the way, turned out to be very eventful. I traded on the STONfi exchange in particular, as it provided everything I needed for convenient trading. As a bonus, TON Wallet helped me quickly exchange my tokens and purchase gifts, which are now fashionably called second NFTs, with the help of Omniston. I also remember this time of year because a huge number of liquidity pairs appeared on the same exchange, which turned out to be very successful thanks to the huge APR and farming. Another shocking event for me was that the $TON DeFi was literally swallowed up by STONfi, especially considering that most of the trading volume and TVL goes through it. This, by the way, deprived projects such as DeDust and Storm Trade of their livelihood. And in principle, the launch of TON Wallet, which integrates Omniston, in the US was a huge event for this network. After all, as we know, there are a lot of large traders there, and for them this was clearly a key event. In principle, I would very much like this fall to be as successful as the summer, or even better. I really hope so.