The number of swaps on decentralized exchanges on the TON network has dropped sharply. Data shows that the average daily number of users on STON.Fi has fallen to 13,300, and on DeDust to 5,250. This is significantly less than in September 2024, when both platforms attracted almost 200,000 users daily.

Factors of the decline:

- General crypto market conditions: the end of 2024 was not conducive to activity, trading volumes were reduced.

- FUD in the TON community: the arrest of the founder of Telegram has caused uncertainty.

- Reduction in open positions: traders are switching to conservative strategies.

Opportunity: Low activity can become a profitable entry point for experienced investors.

Trend change: Interest in staking is growing, indicating a change in participant behavior in favor of expected returns.