In this article, we will compare two leading DEX exchanges on the TON blockchain — STON.fi and DeDust. Interestingly, both exchanges were founded in 2022.
📊 Statistics
STON.fi
TVL: $142,000,00024h Volume: $21,000,000Number of tokens: 112
DeDust
TVL: $84,000,00024h Volume: $21,000,000Number of tokens: 96
Conclusion:
DeDust has a lower TVL and fewer tokens listed.
STON.fi ➕
DeDust ➖
📈 Popularity
STON.fi
Telegram: 1.5M subscribersTwitter: 514K subscribersDiscord: 76K subscribers
DeDust
Telegram: 100K subscribersTwitter: 107K subscribersDiscord: Not available
Conclusion:
DeDust has fewer subscribers and no Discord server.
STON.fi ➕
DeDust ➖
💸 Financial Benefits
Where is it more profitable to trade?
Exchange Fees
STON.fi
Fee: 0.3% (0.2% to liquidity providers, 0.1% to the exchange)
DeDust
The base fee is 0.25%, but in some pools, the fee is set individually, for example, 0.1% for the TON/USDT pair and 0.05% for StableSwap pools. 📊 80% of the fee goes to liquidity providers, while 20% goes to DUST token stakers.
Conclusion:
DeDust has lower exchange fees.
⛓️ Blockchain Fees & Speed
Token Swaps
STON.fi: TON to NOT — Fee: 0.039 TON, Time: 44 secondsDeDust: TON to NOT — Fee: 0.038 TON, Time: 64 secondsSTON.fi: USDT to TON — Fee: 0.035 TON, Time: 28 secondsDeDust: USDT to TON — Fee: 0.024 TON, Time: 47 seconds
Providing Liquidity
STON.fi: Add liquidity to TON/NOT — Fee: 0.101 TON, Time: 44 secondsDeDust: Add liquidity to TON/NOT — Fee: 0.124 TON, Time: 113 secondsSTON.fi: Add liquidity to TON/USDT — Fee: 0.071 TON, Time: 58 secondsDeDust: Add liquidity to TON/USDT — Fee: 0.111 TON, Time: 107 seconds
Withdrawing Liquidity
STON.fi: Withdraw liquidity from TON/NOT — Fee: 0.034 TON, Time: 55 secondsDeDust: Withdraw liquidity from TON/NOT — Fee: 0.032 TON, Time: 52 secondsSTON.fi: Withdraw liquidity from TON/USDT — Fee: 0.034 TON, Time: 35 secondsDeDust: Withdraw liquidity from TON/USDT — Fee: 0.025 TON, Time: 69 seconds
(All transactions were conducted at the same time.)
Conclusion:
Transactions on STON.fi are processed significantly faster.DeDust has lower fees for token swaps.STON.fi has lower fees for providing liquidity.DeDust has lower fees for withdrawing liquidity.
💰 Liquidity
STON.fi: $142,000,000
DeDust: $84,000,000
Conclusion:
STON.fi has significantly higher liquidity.
STON.fi ➕
DeDust ➖
🏁 Summary
● 📉 It is more profitable to trade in the TON/USDT pair and StableSwap pools on DeDust if the trades are not particularly large.
● 📈 Although the fee on STON.fi is higher, this drawback is more than compensated for by significantly higher liquidity compared to DeDust. It is more profitable to trade all other pairs, as well as the TON/USDT pair and StableSwap pools, if you are trading particularly large amounts. STON.fi is also better suited for people who prioritize maximum speed when buying or selling a specific asset.
STON.fi ➕
DeDust ➕
🔥 Unique Liquidity Pools
Both DEXs only offer one unique type of pool — StableSwap.
STON.fi
Available pool: AquaUSD/USDT
DeDust
Available pools: AquaUSD/USDT, hTON/TON, stTON/TON, wsTON/TON
Conclusion:
DeDust offers more unique liquidity pools.
STON.fi ➖
DeDust ➕
🎨 User Interface
STON.fi: The interface is simpler and more intuitive. It also offers unique features like the "Trust Score," which shows the trust coefficient of tokens.
DeDust
Conclusion:
STON.fi has a better and more functional interface.
STON.fi ➕
DeDust ➖
🛠️ Roadmap
STON.fi: Published a detailed roadmap.
DeDust: No public information on future plans.
Conclusion:
The absence of a roadmap for DeDust negatively affects user trust.
STON.fi ➕
DeDust ➖
🤝 Team
STON.fi
Key members of the STON.fi team:
Slavik Baranov – Co-Founder, CEO
Stanislav Bazylevich – Co-Founder, COO
Andrey Fedorov – CMO
Alexey Papirovskiy – CPO
Martin Masser – CBDO
Mikhail Melnikov – BD Advisor
STON.fi team members often participate in major crypto events such as The Gateway and TON France.
DeDust
Team members are not disclosed.
Conclusion:
The transparency of the STON.fi team builds trust, while DeDust’s anonymity harms user confidence.
STON.fi ➕
DeDust ➖
🚀 Customer Acquisition
STON.fi: Has an ambassador program with a $10,000 STON monthly reward pool. Anyone can become an ambassador.
DeDust: No active marketing initiatives.
Conclusion:
STON.fi’s ambassador program helps attract new clients daily, significantly increasing the exchange’s popularity.
STON.fi ➕
DeDust ➖
🤖 SDK Integrations
STON.fi: Dune, Tobi, Tonkeeper, Teleswap, Rainbow Swap, TonBubbles, Moons.so, Uniramp, TON Hedge, TonTradingBot, BigPump(PocketFi), Stonks.pump, TapSwap, HOT Wallet, ANON, Tap Fantasy, Pumpers .
DeDust: Integrated with TonRaffles.
Conclusion:
STON.fi has more integrations with other projects.
STON.fi ➕
DeDust ➖
🛠️ Technical Support
STON.fi: Support is available through a Telegram bot, chat, or direct messages with admins.
DeDust: Support is available via chat or direct messages with admins.
Conclusion:
STON.fi provides more support options.
STON.fi ➕
DeDust ➖
🔚 Conclusion
STON.fi and DeDust are the leading exchanges on the TON blockchain. In this article, I tried to objectively compare these two exchanges. Based on this comparison, the best DEX turned out to be STON.fi. Although both exchanges are roughly similar in functionality, STON.fi surpasses its competitor with transparency, a clear vision of its future, a more convenient interface, marketing solutions, and, most importantly, favorable trading conditions for traders.
#TON $TON #DeFi #DEX