Exploring The Unique Features of STON.FI DEX — An AMM DEX For The TON Blockchain

Blaise Hilary
3 min readJan 29, 2024


Over the years, several decentralized exchanges have emerged with its unique design. Each offers different benefits and trade-offs in terms of feature sets, scalability, and decentralization.

One of the most common types and my personal favourite is the Automated Market Maker (AMM). Being the most widely DEX, it enables instant liquidity, democratized access to liquidity provision, and in many cases permissionless market creation for any token.

Automated market makers (AMMs) are part of the decentralized finance (defi) ecosystem that allows digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers.

STON.fi is a fully decentralized and non-custodian AMM DEX built on the TON blockchain providing virtually zero fees, low slippage, an extremely easy interface, and direct integration with TON wallets. It stands at the forefront of AMM innovation.

Funds on STON.FI are securely held in permissionless smart contract accounts, ensuring a trustless and transparent withdrawal process encoded within the smart contract.

Here are the key features that make Ston.fi unique

  1. Decentralized Architecture: STON.FI prioritizes user privacy by having zero access to your coins or tokens and also never asks for your personal information. This decentralized architecture enhances transparency, security, and trust among users.
  2. User-Friendly Interface: STON.fi’s interface is designed with both beginners and experienced DeFi enthusiasts in mind, providing an intuitive and user-friendly platform.
  3. Virtually Zero Trading Fees: The TON blockchain, on which STON.FI is built, and offers significantly lower fees and higher transaction speed compared to Bitcoin or Ethereum, thereby resulting in cost-effective transactions.
  4. Low to Zero Slippage: Leveraging liquidity pools and advanced algorithms, STON.FI ensures low to zero slippage, providing traders with a seamless and efficient trading experience.
  5. Non-Custodial Model: STON.fi adopts a non-custodial approach, with funds securely held in permissionless smart contract accounts. This approach minimizes risks associated with centralized custody, providing users with full control over their assets.
  6. Immutable Smart Contracts: Smart contracts on STON.fi, except the router, are immutable. This means that once deployed, contracts cannot be updated or deleted. This feature adds an extra layer of security, preventing unauthorized modifications and ensuring the integrity of the platform. Withdrawal of funds from pool accounts on STON.fi is also governed by transparent smart contract mechanisms. Users can only withdraw funds in exchange for an appropriate amount of another asset or by liquidity owners in exchange for their Pool Tokens.
  7. Enhanced Security: Security is a top priority for STON.FI and the platform employ state-of-the-art security protocols to safeguard user assets from potential threats. This commitment to security ensures a safe trading environment for all users.
  8. Yield Farming: STON.fi provides users with the opportunity of yield farming, allowing them to provide liquidity to DeFi protocols and earn rewards on their assets.
  9. Community Governance: STON.FI follows the principles of community governance, allowing users to actively participate in decision-making processes regarding the platform’s future developments.
  10. Permissionless Pool Creation and Time-Locked Contract Upgrades: STON.fi allows any account to create a pool by issuing the correct set of transactions. This permissionless pool creation feature promotes inclusivity and ensures that users have the freedom to participate in the ecosystem. To further improve transparency, all router contract upgrades are time-locked for seven days and users can withdraw liquidity if changes are unfavorable.

End Notes

With these outlined unique features, it’s evident that STON.fi is committed to creating a truly decentralized and user-driven platform.

Moreso, its dedication to transparency and security positions STON.FI as a top player in the decentralized finance ecosystem. Because of these exciting features, I would recommend Ston.fi for every user who is looking at kickstarting their journey in decentralized finance.

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