Looking at a 2 year period of the TON decentralized exchange ecosystem. There seems to be a general increase in total liquidity provided by both DEXs throughout the period.
Ston.fi consistently holds a larger share of the total liquidity pool compared to DeDust, while showing consistency in the large number of active users verse its counterpart. As of November 2024, Ston.fi appears to manage roughly 75% of the total liquidity depicted by the chart, in conjunction to be be leading the way with the highest number of transactions compared to Megaton Finance and DeDust.
Additionally, the overall trend DEX usage aligns well with TON's growing adoption across popular communication channel Telegram.
Written by ShivenMoodley
