In this article, I want to tell you about the STON.fi DEX. If you want to learn more about each section, follow the relevant links or look for articles in my profile. What is STON.fi? STON.fi is an AMM DEX exchange built on the TON blockchain. What is a DEX? DEX (Decentralized Exchange) is a decentralized exchange where users can trade cryptocurrency directly with each other without intermediaries like centralized exchanges (CEX). All operations are conducted via smart contracts on the blockchain. Key benefits of DEX: When using a DEX, your tokens remain in your wallet, and you have full access to them.DEXs are not controlled by governments and operate independently. What is an AMM DEX? AMM DEX (Automated Market Maker Decentralized Exchange) is a decentralized exchange that operates based on automated market makers. Instead of a classic order book like on centralized exchanges (CEX), AMM uses smart contracts and liquidity pools to execute trades. (Read more in the Liquidity Pools section). Benefits of STON.fi 🚀 ● Low Fees. STON.fi charges a 0.3% fee per transaction. Of this, 0.2% is returned to the liquidity pool and distributed among liquidity providers, while 0.1% goes to STON.fi. ● Minimal Slippage. STON.fi is the #1 DEX on TON in terms of liquidity, ensuring minimal slippage during trades. ● Built on the TON Blockchain. The platform leverages TON, one of the most advanced blockchains today, offering low fees and high TPS (transactions per second). ● Integration with Telegram. Trade directly from Telegram using the @STONfi_bot, seamlessly integrated with the messenger. ● Compatibility with TON Wallets. STON.fi supports all TON wallets, including TON Space. ● User-Friendly Interface. The platform features an intuitive and easy-to-navigate design. Achievements 🏆 STON.fi’s TVL is $150,000,000 (DefiLlama), accounting for 50% of TON total TVL. The all-time high TVL of STON.fi was $370,000,000!!! According to CryptoRank and DappRadar, STON.fi ranked 5th among the most popular decentralized exchanges across all blockchains. Over the past month, more than 430,000 users have used the platform. STON.fi has twice secured the top spot in the DYOR Dapps DEX ranking. Problems of DeFi ⚠️ Lack of Cross-Chain Compatibility The lack of compatibility between different blockchains complicates asset transfers across networks, limiting users’ access to new trading and investment opportunities. Risk of Asset Loss Transferring crypto assets between blockchains requires trusting third-party custodians or exchanges, which can be vulnerable to hacks and attacks. This puts funds at risk and may lead to financial losses. High Costs and Delays The process of converting crypto assets is often expensive and slow, adding further challenges for users. STON.fi aims to address all these issues! Goals of STON.fi 🎯 STON.fi mission is to make access to financial services simple and fair for everyone, regardless of their location. STON.fi aims to create a decentralized platform for cross-blockchain trading that provides a secure and reliable way to trade cryptocurrencies without restrictions imposed by banks or centralized exchanges. STON.fi seeks to solve the problem of cross-blockchain swaps by implementing a Request for Quote (RFQ) protocol based on DeFi using Hashed Timelock Contracts (HTLC) to execute such trades. This solution eliminates the need for additional layers, intermediaries, or third parties. This approach minimizes user risks associated with security breaches and significantly speeds up transactions.
Let’s explore the features that are already available on STON.fi. Token Swaps 🔄 You can swap tokens on the TON blockchain, allowing you to participate in numerous projects. Guide on how to swap tokens Liquidity Pools 💧 Liquidity pools are reserves of tokens provided by users so that others can trade cryptocurrency on decentralized exchanges (DEX). Instead of searching for a buyer or seller, users simply exchange tokens with the pool, and liquidity providers earn fees for their contributions to these pools. This enables trading without centralized intermediaries. Guid on how to Provide Liquidity on STON.fi Everything About Providing Liquidity on STON.fi
Farming 🌱 Farming is designed to ensure that a specific liquidity pool has sufficient funds. This allows users to trade tokens in larger volumes without worrying about price impact.In farming, you can earn significantly higher rewards compared to just providing liquidity, which motivates liquidity providers to supply liquidity. To add your assets to farming, you first need to provide liquidity to the corresponding pool with the Farm tag and then add this liquidity (LP tokens) to farming. How to Farm on STON.fi Everything About Farming on STON.fi Staking 💎 Staking the STON token on STON.fi gives you voting rights in the DAO governance protocol. For staking, you will receive the ARKENSTON NFT and GEMSTON tokens, depending on the amount and duration of your STON tokens staked.Currently, the DAO governance protocol is under development. How to Stake on STON.fi Everything About Staking on STON.fi and How DAO Works on the DEX
Conclusion: DeFi platforms are far from perfect and have their own challenges. STON.fi aims to address these and become the DEX of the future — a cross-chain DEX with zero trust, providing secure, fast, and transparent digital asset trading. If you liked my article, send your applause. And if you want to read more of my articles, make sure to subscribe! 🙌 STON.fi social networks:
What is the STON.fi DAO? How will the STON.fi DAO work?
The DEX STON.fi is expected to launch its DAO governance system very soon🚀. #STON token stakers will be able to decide the future of the platform through voting📶. This kind of mechanic isn’t very well known in the #TON community yet, so here’s a quick breakdown of how it will most likely work🤔👇:
Voting power💪 First of all☝️, to become part of the DAO, you’ll need to stake the STON token. Your voting power will depend on the amount of tokens you stake and the length of the lock-up🔒. This voting power is expressed as a percentage of the total amount of staked STON and can change as more tokens are staked or unstaked over time. Creating a vote🗣️ Of course, not just anyone in the DAO will be able to create a vote🙄. Votes will either be created by the core team or by users who hold a certain level of voting power — let’s say, 2% or more. Subject of the vote🧐 Votes can be about almost anything 🥲— listing or delisting a token, adding a new blockchain, introducing a unique feature, making changes to tokenomics or its deflationary model. A unique part☝️ of the system is that the DAO controls the DAO Treasury, which holds 20% of the total STON supply. Quorum✅ For a vote to be valid, a quorum will be required. That means a certain percentage of total voting power must participate for the result to be accepted✅. Vote delegation🔀 To increase participation📈, there will likely be an option to delegate your voting power to another user. Your tokens will remain staked in your wallet, but someone else will be able to vote on your behalf. DAO forum👥 In addition to all of that, a separate forum or Telegram chats will likely be set up where DAO members can discuss proposals before they go live — helping to clarify the wording and make sure everyone is informed before casting their votes🧐.
Which DEX has the best farming pools?STON.fi – DeDust – TONCO
Let me clarify☝️: I’m comparing only the farming rewards, not the APR from regular liquidity provision. What is Farming ? DeDust DeDust has a good number of farming pools (Boosted pools), but in reality, only four of them stand out👇: 🔹HYDRA/TON – 35% APR 🔹AIC/USDT – 44% APR 🔹JETTON/TON and JETTON/USDT – 12% APR The rest have under $50K TVL and APRs of just a few percent. TONCO On TONCO, the situation is even worse — only two farming pools👇:
🔹HYDRA/TON – 8% APR 🔹bmTON/USDT – 4% APR STON.fi STON.fi, on the other hand, clearly shows where the real liquidity on #TON is. Right now, there are 7 active farming pools. Notably, JETTON/TON and JETTON/USDT offer 47% APR — that's 35% more than on DeDust🧐.
HYDRA isn’t listed on STON.fi, so there’s no farming pool for it. But instead, there’s the STORM/TON pool at 30% APR🚀, with new rewards added every month. There’s also a unique STON/USDT pool at 20% APR with impermanent loss protection🛡️, and it too receives fresh rewards monthly.
But the top farming pool right now is clearly BLUM/TON at 248% APR. Considering the token's current market cap of $6.7M and the upcoming burn🔥 event on August 1, holding the tokens in farming for 10 days looks like a solid move to me🤔.
Not everyone knows this, but farming is actually what drives most of the liquidity on TON.
Let’s break it down —farming🧑🌾 on STON.fi is a way to earn extra rewards by providing liquidity. Farming often launches when a new token is released. For example, when the Blum token launched on STON.fi, a farming pool for Blum/TON was introduced, offering up to 600% APR🚀 in the first few days. Developers launch farming to boost liquidity in a specific pool and to promote their token. So it’s a win-win system🤔. That’s how a big part of liquidity on TON moves👇: Farming is launched → STON.fi users notice it → if they like the farming, they buy the token → then add it to the farming pool. Video guide on how to Farm ?
Comparing key DEXs on TON! Which DEX has taken over the entire market?
Here’s the data: STON.fi x DeDust x TONCO TVL💸(relative to total TVL on TON) Source: DefiLlama STON.fi – $62M (41%)DeDust – $12M (8%)TONCO – $8M (5%) Trading volume over the past month📊 Source: DefiLlama STON.fi – $95M (53%)DeDust – $22M (24%)TONCO – $60M (33%) Number of unique wallets in the past month 👥 Custom analysis via Dune by @belous STON.fi → 161,172 walletsDeDust → 29,283 walletsTONCO → 1,455 wallets STON.fi clearly dominates across all three metrics📈. On top of that, I’ll add a few things from my own observations: STON.fi offers a wide variety of farming pools, some of which are unique due to monthly reward updates — I’m talking about the STORM/TON pool supported by commissions from Storm Trade.
STON.fi also has exclusive partnerships — like the one with Ethena, which allows users to farm Ethena points for the upcoming Airdrop simply by holding tokens in pools like tsUSDe/USDe and USDe/USDT.
🗣️ Drop your feedback on this post! I’m planning to create a full-scale comparison of all three DEXs to figure out which platform is actually the most profitable to trade on — and compile a full set of unique stats across many important metrics. Waiting for your comments!
OMNISTON is now integrated into the Telegram TON wallet!
Now, when you swap🔄 tokens using the non-custodial Telegram TON wallet (formerly TON Space), the OMNISTON aggregator — which unites all liquidity on TON — will be used automatically🎯. This means better exchange rates and maximum use of TON’s available liquidity📈. In fact☝️, the STON.fi SDK is currently the most integrated SDK on TON. Even before OMNISTON launched, STON.fi was actively promoting it — and now, any service that previously integrated the STON.fi SDK📌 can start using OMNISTON as well, simply by enabling the feature. So when a service integrates the STON.fi SDK, it gains access not only to current tools — but more importantly🤫, to the future technologies of the STON.fi! MM on OMNISTON, V3 is coming...
Don’t buy Telegram gifts — we’re at the top or very close to it right now.
Even if we imagine that the total market cap of gifts grows from the current $150M to $200M📈, it’s still not worth buying. And even if they do go up, it’ll most likely be the high-priced gifts🐸, while low and mid-tier ones will likely crash hard📉 — that’s where the weak hands are. Personally, I’m not planning to buy gifts. I missed the trend, so now I’m just catching FOMO😰 and holding my stablecoins. By the way, I’m currently holding all my stablecoins in the tsUSDe/USDe pool on STON.fi to farm points for the Ethena airdrop🎁. There’s no risk — USDe is a stablecoin, and tsUSDe is a staked version that earns 5% APY through price growth. I already wrote an article about this airdrop — read it. I also post a lot of useful content about earning💸 on the DEX STONfi — for example, about buying PX tokens before the tournament started and adding them to the PX/USDT pool, which manyprofited from — and much more! So yeah, follow me🥲! $TON $NOT #TON #Telegram
#BinanceTurns8 Участвуйте в праздновании #BinanceTurns8 и выиграйте часть от 888 888$ в BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_IU5W0
What to do if the price impact is high when swapping tokens on STON.fi?
If you’re experiencing high price impact📉 when swapping tokens on the DEX STON.fi — Enable the OMNISTON feature🧐! You can do this in the swap settings⚙️, where slippage is usually adjusted.
Once OMNISTON is enabled✅, you get access to all liquidity on TON without leaving STON.fi. This can significantly reduce your losses when swapping tokens. However☝️, if you’re choosing an unpopular token pair to swap, the price impact may not change. In that case, I recommend first swapping🔁 your tokens to TON, and then to the token you want.
By the way🤔, regarding OMNISTON — for now, it aggregates all liquidity from all DEXs on TON. But in the future, Market Makers connected to CEX will also be added to this liquidity. At that point, you’ll be able to swap tokens with no slippage at all — just like using limit orders on a CEX!
Stop holding stablecoins in wallets or on exchanges — use them in the Airdrop!
I’ve noticed that many people are still keeping their stablecoins just sitting in their wallets or on a CEX. That’s a big mistake🥲! — Because right now, there’s a great Airdrop happening on #TON where all you need to do is hold your stablecoins in a pool on the DEX STON.fi. I’m talking about the Ethena airdrop, which launched alongside the arrival of the USDe stablecoin on $TON . Video Guide So let’s get to the point — to participate in this airdrop, you need to farm Ethena points. The best way to do that is by providing liquidity in the tsUSDe/USDe pool on STON.fi. This setup gives you the highest point multiplier (30x) and, as a bonus, you also receive👇: ◉ ≈5% APY from the staked tsUSDe tokens. ◉ ≈0.1% APR in pool fees — not much, but it helps offset impermanent loss caused by the rise in tsUSDe.
You can provide liquidity directly on the site ethena,ston,fi. To do this, select the Ethena points option and select the tsUSDe/USDe pool. On the same site, you can see the number of points you’ve already farmed🚀. Based on previous airdrops, these points will likely be converted🔁 into $ENA tokens.
‼️Very important to delegate your rewards in advance from your TON wallet to your EVM wallet, which can be done on the official Ethena website in the Delegation tab. Also, check out my complete guide on the Ethena x TON Foundation Airdrops!
For those who don’t know🤔, #TON Foundation, together with the UAE authorities, launched a visa program that allows you to obtain UAE residency for up to 10 years🥲. To do this, you need to stake $100,000 in TON tokens for three years and pay a fee of $35,000. Stakers will also receive an annual return of 3–4% APY💸. Following this news, $TON grew by +13%🚀! By the way🧐, some parts of the TON blockchain have already been based in the UAE for quite a while: ◉ Telegram’s office is in Dubai, just like Durov himself. ◉ The headquarters of the largest DEX on TON, STON.fi, is also in Dubai. Everyone knows about #Telegram — but what about STON.fi🤔👇? #STON.fi is the main DEX on TON, with $60M in TVL, which makes up 42% of TON’s total TVL🔥! Technologically, the exchange also outpaces its competitors: right now, they are working on adding Market Makers to OMNISTON🌐 — a liquidity aggregator across the entire TON network, created by STON.fi. And soon, the exchange is expected to launch its own DAO👥, where users staking STON tokens will be able to vote🔀 on the future development of STON.fi.
The PX token has dropped by -48% since its listing on CEX.
To be honest🤔, I’m surprised by how steep the drop was — I expected it to happen after the tournament ended. Let me be clear: the listing on CEX itself didn’t negatively affect the token. If you look at the PX chart, it had already started falling before the listing, and the #CEX actually gave the token a chance to pump🚀 — the drop simply continued afterward.
Right now, PX is sitting at a $18M market cap. But don’t forget that another 4% of the total PX supply is still set to hit the market📉 through prize distributions for the tournament and other activities. On top of that, the end of the tournament will also have a negative impact on the token☝️.
So I’m expecting PX to fall to a $15M market cap — maybe even lower📉. After the token drops🧐, I plan to buy and add liquidity to the PX/USDT pool on STON.fi, since the APR there used to consistently stay above 60%. To make liquidity provision easier, you can use the Arbitrary Provision feature — I mentioned it in my previous post👈.
And just in case you’re wondering — the listing of PX on CEX won’t significantly affect the APR🔀 in PX pools on STON.fi.
And for those who don’t believe in the PX token, don’t forget about the burn plan🔥 aiming to destroy 50% of the total supply, plus a buyback worth around $5M💸 planned for this year. #Toncoin $TON #Telegram $NOT #Notpixel
I noticed that many #STON.fi users still don’t know what the Arbitrary Provision function is for — or even worse, they confuse it with Weighted Pools😓.
In reality🧐, Arbitrary Provision simply helps you provide liquidity in the correct ratio for the pool. It often happens that you don’t have the required amount of both tokens to provide liquidity — in such cases, you just enable the Arbitrary Provision function🔀, enter the amount of tokens you want to add to the pool, and confirm your transaction. The smart contracts will then automatically perform the necessary token swap🔄 to provide liquidity for you. When withdrawing liquidity from the pool, you’ll receive two tokens in the proportions set by the pool☝️.
By the way🤔, the BLUM token recently dropped significantly, so now might be a good opportunity to buy it at a low price and add it to theBLUM/TON farming pool at 440% APR🚀 — and take advantage of the Arbitrary Provision feature at the same time!
The X Empire project continues to grow and evolve🚀. A new update has been released, adding unique features for X token holders in the Sleep mini-app👇:
◉ Unlock a new breathing technique. ◉ Set the number of cycles before it ends automatically.
By the way🤔, other mini-apps from X Empire, like Feed and Langs, still don’t offer premium features.
So if you’re not interested in Sleep’s premium perks, I suggest holding your tokens in the X/TON pool on the DEX STON.fi — the current APR is 13%. It’s not much, but still better than nothing🧐. How to earn passive income by providing liquidity on STON.fi?
If you don’t have an equal value of $1000X and #TON tokens, you can use the Arbitrary Provision feature🤫: simply enter the amount of X you want to add to the pool, and the smart contracts will automatically swap🔄 the required amount of X for TON and provide liquidity right away.
That way, besides earning from providing liquidity, you can also diversify your position📈 in X by gaining some exposure to TON.