Since its launch in 2017, The Open Network (TON) has quickly become one of the most exciting blockchain platforms out there. One of the things that sets TON apart is its rapid growth in decentralized applications (dApps), especially decentralized exchanges (DEXs). Unlike traditional centralized exchanges, TON DEXs give you full control over your funds, enhanced security, and more privacy. In this article, we’ll walk you through the best DEXs on the TON network and what makes each one stand out.
How We Evaluate TON DEXs
When choosing the best DEXs on TON, there are a few key factors we keep in mind:
- Liquidity — The higher the liquidity, the easier it is to trade tokens.
- Security — It’s crucial that your funds and smart contracts are protected from hacks and vulnerabilities.
- Fees — Low fees are a must, especially if you plan on trading often.
- Token and NFT Support — A good DEX supports a wide range of tokens and even NFTs.
- User Experience (UI/UX) — A clean, easy-to-use interface is essential, especially if you’re new to crypto.
- Mobile & Telegram Integration — Many users love the convenience of using Telegram bots for trading and managing assets.
- Ecosystem Growth and Community — A strong community and active development are important for long-term success.
Comparison of the Best TON DEXs
| DEX Name | TVL (Total Value Locked) | Number of Tokens | Telegram Support | Fees | Key Features |
|---|---|---|---|---|---|
| STON.fi | High | Wide range | Yes | Low | Token swaps, liquidity |
| DeDust | Medium | Diverse | No | Medium | Liquidity, futures |
| Megaton Finance | High | Diverse | Yes | Low | Staking, swaps, farming |
| TONswap | Medium | Limited | Yes | Low | Token swaps, liquidity pools |
| MoonDEX | Low | Limited | No | Medium | Staking, swaps |
Best TON DEXs
Now let’s take a deeper look at each of the best DEXs on the TON network. Each one has its own unique features and strengths, so the right one for you depends on your needs and preferences.
- STON.fi is one of the most popular DEXs on the TON platform. It offers high liquidity and a wide variety of tokens to trade. One cool feature is its Telegram integration, so you can manage your trades and assets directly from Telegram. The platform also offers low fees, making it a solid choice for anyone who wants a fast and cost-effective way to swap tokens.
- DeDust is a bit more specialized, focusing on providing liquidity and offering futures contracts. It doesn’t integrate with Telegram, so it’s more suited for experienced users who want advanced trading features. The fees are medium, but it offers a good range of tokens for those who like to trade complex financial products.
- Megaton Finance is another great DEX that offers more than just basic token swaps. In addition to swapping, you can also stake your tokens and participate in farming. This makes it an attractive choice for users who want to earn rewards while holding their assets. Plus, it supports Telegram, so you can access your funds and manage trades easily on the go.
- TONswap is a newer DEX but has been growing quickly. It focuses on providing liquidity and simplifying token swaps within the TON network. Users can connect with the platform via Telegram, which is perfect for those who want to make quick swaps without the hassle. While TONswap doesn’t support a huge variety of tokens yet, it’s still a great option for those looking for low fees and simplicity.
- StormTrade is a cutting-edge decentralized exchange (DEX) built on the TON blockchain that is quickly making a name for itself in the TON ecosystem. Unlike many other DEXs, StormTrade focuses on delivering a seamless, secure, and efficient trading experience, featuring useful tools such as liquidity pools, staking options, and more.
How to Pick the Right TON DEX for You
Choosing the right DEX really comes down to your needs and experience level. If you’re new to crypto, you might want to start with a platform that offers a simple interface and integrates with Telegram. If you’re more experienced and looking for advanced features like futures trading or farming, then DeDust and Megaton Finance might be better suited for you. Make sure to check out the fees and token options on each platform before diving in.
Conclusion
TON is growing fast, and so is its ecosystem of decentralized exchanges. Each DEX has its unique features, and the best one for you depends on your preferences and goals. Whether you’re a beginner or a seasoned trader, there’s a TON DEX that can meet your needs. Keep an eye on the latest developments, as the TON ecosystem is constantly evolving and expanding.
