The number of addresses and transactions on Decentralized Exchanges (DEXs) within the TON network has skyrocketed, reflecting growing investor interest. Interestingly, this surge in activity coincided with the stabilization of TON’s price, which stopped climbing and entered a lateral phase. This suggests that many traders arrived too late to speculate, while early adopters were already positioned.
Regardless of price movement, the increase in new addresses on TON DEXs shows ongoing interest in decentralized trading on the network. Among the platforms, STON.Fi dominates the market, capturing 90% of all DEX transactions. Meanwhile, DeDust has been losing relevance, and Megaton Finance has struggled to gain traction over time.
STON.Fi stands out as the leader, driven by strong community engagement, solidifying its position as the most competitive DEX on the TON network.
Written by joaowedson
