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What is DEX exchange?
A DEX exchange is an asset trading exchange where transactions take place directly between users. This is a rather old definition, and nowadays they work a bit differently: in Ston.fi users deposit their funds into liquidity pools, providing the automated systems of the exchange with their funds, and earning a percentage from their investments, due to the difference in buy/sell rates.
Unlike centralized exchanges (CEX), decentralized exchanges do not have access to the user’s funds, which provides greater security and anonymity. No one can guarantee you that CEX exchanges can not sell your personal data, or block accounts, and DEX exchanges, fortunately for us there is no such possibility.
Ston.fi is a DEX exchange that provides anonymity, convenience and security of cryptocurrency exchange, as well as access to liquidity pools and staking programs for multiplying funds.
Let's speak about liqiudity pools and staking programs. How much can you earn in Binance's staking programs? 10 APR? 20? It's all immaterial. You can earn much more at Ston.fi. For example let's look on stable liquidity pool - TON/USDT.

67.64% Farm APR for safe tokens. That's a lot more than Binance offers. Okay, now let's figure out what a liquidity pool is.
What is a liquidity pool?
Aliquidity pool is funds fixed in a smart contract to accelerate transactions and stabilize prices. Liquidity pool providers are automated market makers (AMMs), such as STON.fi.
It’s still too complicated. Let’s make an analogy: you have 10 TON and you want to buy STON with them. At the current exchange rate (1 STON = 2.0591 TON), you would get 4.856 STON as a result of the exchange. If AMM did not exist, during the exchange you could buy out the last best offer for 1 TON at the price (2.0591 TON), and because of that, the other 9 TON would be sold at the worst and most importantly unpredictable price, let’s say 2.18 TON. STON.fi solves this problem by automatically providing an offer at the original price, and thanks to this, each of your STONs is bought at 2.0591 TON, and the amount of cryptocurrency received is known in advance.
To realize the operation described in the previous paragraph, funds are needed to create new offers at the old price for a particular user. These funds are invested by users in liquidity pools.
As a rule, users can earn on liquidity pools, so how is it that the exchange creates new offers at an unprofitable price for it?
Unfavorable price in this case is a wrong expression, because in liquidity pools the user provides the exchange with both currencies of the pair (TON/STON) in the price equivalent of 1 to 1. This means that they control both sides of the transaction, and losing on one half, they earn on the other. The user’s earnings, in turn, come from AMM commissions.

Guide to making money from STON.fi liquidity pools
Dowload a TON wallet. For example MyTon Wallet
Go to Ston.fi website. In the upper panel, select the Pools tab.

Choose the pool you like and click on it.

Click on the Connect Wallet button and follow the prompts on the screen. Only non-custodial wallets are suitable: TonKeeper, Ton Space, MyTonWallet.
After connecting the wallet, press the Add liquidity button.
Enter the amount of cryptocurrency you want to deposit into the pool. Remember that you need to have both cryptocurrencies of the pair and funds to pay for the transfer of both cryptocurrencies to the liquidity pool account.
Add liquidity and confirm transactions in the wallet.
If the pool you have selected has the Farm scroll down the pool page and provide your LP tokens (LP tokens - tokens that confirm your participation in the liquidity pool, transferred to your account automatically and hidden by the wallet) to Farm position.
Done!
Recommended reading:
https://guide.ston.fi/en/what-is-liquidity-pool
https://guide.ston.fi/en/how-to-withdraw-funds-from-a-liquidity-pool

[1] | A Different Approach
The method for moving between TRC-20 and the $TON network is known for operating without bridges and wrapped tokens. This provides a distinct way of handling cross-chain activity.
[2] | Development Support
An impressive $9.7M has been allocated to STONfi Dev to support ecosystem projects. A key focus for this development is the integration of Omniston for cross-chain functionality, and recent developments point towards its upcoming implementation.
[3] | The Omniston Advantage
The time taken is due to this being more than a simple cross-chain. Omniston will enable a direct swap of different tokens between two blockchains. It is considered a conceptually superior solution.
[4] | Core Features
This system will find the best available quote and use HTLC to provide completely zero slippage. It is designed to offer more than just sending assets like USDT from one blockchain to another.

[1] | A Key Development
After a long period of development, Omniston is now fully operational on the $TON blockchain. It represents a highly convenient solution for conducting swaps in the current network environment.
[2] | The Quote Guarantee
A key feature is that the quote you see is the final amount you receive. The value cannot change during the process, ensuring you get exactly what was specified beforehand.
[3] | How It Achieves Zero Slippage
This result is made possible by the Request-For-Quote algorithm. It sends a request to the major solvers within the blockchain and selects the most favorable offer from among them.
[4] | The Role of HTLC
The HTLC protocol is then activated for the swap itself. This mechanism is what provides the completely zero slippage, securing the transaction against any deviation from the chosen quote.

[1] | The Other Side of a DEX
Many people use a DEX for its main purpose, which is swapping tokens. However, there is another crucial aspect, especially on the $TON blockchain, which involves the users who supply the liquidity that powers these swaps.
[2] | The Basics of Providing Liquidity
In short, participants provide tokens of equal value to a liquidity pool. In return, they get a small portion of every trade that occurs in that pool, typically a fee of 0.01% to 0.2%. This is distributed among all providers based on their share of the total value locked.
[3] | Earning Potential
This small percentage from swaps can translate into considerable annual returns for those providing liquidity. The APR can vary widely, from just a few percent to much larger figures.
[4] | Arbitrary Provision
A key feature on STONfi is Arbitrary Provision. This means you don't have to manually swap tokens to get the correct ratio before adding liquidity. You can choose a pool and start with just one coin from the pair, and the smart contracts will handle the rest automatically.
[5] | Farming for Extra Rewards
Farming is another option available on selected pools. It provides a fixed daily reward to liquidity providers, which is separate from the pool's base trading fees. To participate, you select a pool with Farming on STONfi and, after providing liquidity, you lock your LP-tokens in a specific smart contract.
[6] | Protection with IL Offset
Currently available for the STON/USDT pool, the IL Offset mechanism fully protects against impermanent losses for price changes up to 2x, covering a specific percentage of the pool's TVL. The compensation, up to a set value in STON tokens, is processed automatically for all participants.

[1] | A Leading DEX
STONfi has firmly established itself as the primary DEX on the $TON blockchain. Its current TVL of $63M is more than five times greater than DeDust's TVL of $11M, according to available data.
[2] | Market Standing
Defillama ranks STONfi as the second largest protocol by TVL on the network, following TonStakers which has a TVL of $141M. This leading position was built on a focus on user experience and accessibility.
[3] | Development Pace
While other platforms were experiencing issues with basic features like token icons, STONfi was already advancing its technology with the Omniston protocol. The development trajectory of competing platforms has been notably different, with some showing little progress.
[4] | Activity Comparison
An interesting point is the volume of activity generated. Over the past 30 days, DeDust reportedly saw only $20K from swap fees, which highlights a significant difference in user engagement between the two platforms.

[1] | A Look at Two Platforms
Let's examine the main distinctions between centralized and decentralized exchanges, using Binance and STONfi as our examples. Their approaches to operation and security are fundamentally different.
[2] | Where Assets Reside
With Binance, your tokens are held in the exchange's own wallets. Their security systems are designed to alert you to potential errors or dangers, and you cannot directly withdraw from these wallets yourself. On STONfi, your coins always remain in your personal wallet. Every action you perform on the DEX works through smart contracts, which provides its own form of security.
[3] | Functional Scope
Typically, a DEX offers less functionality than a CEX due to their core differences. However, modern DEX platforms like STONfi provide ample options. You can supply liquidity, earn farming rewards, and swap tokens.
[4] | Advanced DEX Capabilities
A notable feature on STONfi is the ability to exchange tokens using Omniston, which finds the best possible rates across the $TON ecosystem. On the CEX side, platforms like Binance are known for a vast array of activities and additional tools beyond basic trading.

[1] | More Than Just Swaps
While using a DEX like STONfi to swap tokens is common, another vital function on the $TON blockchain involves supplying the liquidity that makes these trades possible. This role is fundamental to how the system operates.
[2] | How Pools Work
Users provide tokens of equal value to a liquidity pool. For every swap that happens in that pool, a small fee is taken, usually between 0.01% and 0.2%. This fee is then shared among all the liquidity providers, proportional to their share of the total value locked.
[3] | Earning Potential
This system can lead to significant annual returns for providers. The percentage from each trade might seem minor, but it can accumulate into substantial figures over time, with returns varying from single digits to much higher.
[4] | Enhanced Features on STONfi
The platform improves this process with tools like Arbitrary Provision. This allows you to enter a pool with just one token from the pair, as the smart contracts automatically handle the necessary swap for you.
[5] | Protecting Providers
A key innovation is the IL Offset, currently active for the STON/USDT pool. It offers full protection from impermanent loss for price movements up to 2x, safeguarding a portion of the pool's TVL. Automatic compensation is provided, applicable to all participants in the pool.
[6] | Additional Farming Rewards
STONfi also has Farming for specific pools. This provides set daily rewards on top of the base fees. To join, you select a pool with farming enabled and then lock your LP-tokens in a separate smart contract after you have provided liquidity.

[1] | Beyond the Holding
Simply holding digital tokens, especially those that change in value frequently, has become a less effective approach. The current environment provides several methods for more active involvement with your assets.
[2] | The tsTON Example
Consider the tsTON staking token on the $TON blockchain. On STONfi, this token shows how basic staking can be enhanced. You can use tsTON in liquidity pools, such as the tsTON/TON pool, to engage with DeFi. This allows you to benefit from staking rewards while also earning a portion of the trading fees from the pool.
[3] | Liquidity Pool Returns
Providing liquidity is an option for many tokens. The annual percentage rate is connected to how much trading happens in that pool. Pairs with high volatility and a lower total value locked can sometimes provide very high returns, with some stablecoin pairs currently offering over 40% APR. This lets you gain from both trading activity and market movements.
[4] | Additional Farming Bonuses
After you provide liquidity on STONfi, you receive LP tokens. These can be locked in a separate smart contract to earn farming rewards. Some less common trading pairs offer extremely high annual returns, though these opportunities usually come with a greater level of risk that needs to be considered.
[5] | A Balanced Approach
These strategies on the $TON network illustrate a shift from passive holding to more dynamic participation. Using a combination of staking, liquidity provision, and farming can lead to different outcomes, but it is important to understand that the potential for higher returns is accompanied by a need for careful management.

[1] | Fərqli Platforma
$TON blok zənciri inkişaf illəri ərzində həqiqətən unikal bir platforma halına gəldi. Onun sürəti Solana-nın sürətindən fərqlidir və qəbul səviyyəsi Ethereum-un qəbul səviyyəsi ilə eyni deyil, lakin onun fərqli təbiəti açıqdır.

[2] | Unikal Ekosistem
Şəbəkə canlı və qeyri-adi bir ekosistemə ev sahibliyi edir. Hamster Combat və Notcoin-dən gələn fəaliyyəti, eləcə də Telegram əşyaları üçün bir çox mini tətbiq və bazarları düşünün. Həmçinin NFT hədiyyələri və çıxartmalar kimi xüsusiyyətləri də əhatə edir, bu da digər zəncirlərdə tapılmayan bir mühit yaradır.

[1] | Flexible Participation
$TON blokçeyni üzərində likvidlik təmin etmək ilk görünüşdən daha uyğun ola bilər. Ticarət cütlüyündə hər iki aktivə sahib olmaq iştirak etmək üçün həmişə lazım deyil. STONfi bu prosesi daha əlçatan etmək üçün spesifik funksiyalar tətbiq edib.

[2] | The Arbitrary Provision Feature
Əhəmiyyətli inkişaf Arbitrary Provision-dir. Bu texnologiya texniki detalları sizin adınıza idarə edir. Əgər bir cütlükdən yalnız bir tokeniniz varsa, ağıllı müqavilə avtomatik olaraq lazımi balansı yaratmaq üçün bir dəyişdirmə həyata keçirəcək və sizin üçün likvidlik yatıracaq.

[1] | Foundational Security Models
The security models for centralized and decentralized exchanges are built on different principles. On a CEX like Binance, user assets are custodied in the platform's wallets, and its internal systems monitor for potential issues. When using a DEX like STONfi, your tokens stay in your own wallet, and you interact directly with on-chain smart contracts for each action.

[2] | Functional Scope
A CEX typically provides a broad range of services, including various activities and trading tools beyond the core exchange function. Meanwhile, the utility of DEX platforms has expanded considerably. On STONfi, for instance, users can swap tokens, supply liquidity to pools, and participate in farming programs to earn rewards.

[3] | Advanced DEX Capabilities
A notable feature on STONfi is the use of the Omniston protocol for token swaps. This system finds the best available rates across the $TON ecosystem. This shows that while a CEX may offer more diverse services, a modern DEX provides a comprehensive and capable toolkit for asset management on the blockchain.