إنه تقريبًا شعري. البيتكوين، الرمز الأصلي للامركزية، والإيثيريوم، محرك التمويل القابل للبرمجة، الآن يعيش جنبًا إلى جنب مع رؤية TON للاستخدام السلس واليومي. وأفضل جزء؟ لا تحتاج إلى مغادرة النظام البيئي $TON لتلمسهم. إنهم هنا، منسوجون مباشرة في نسيج طبقة DeFi الخاصة بـ STONfi.
معظم الناس لا يدركون أن طريقة "التغليف" تهم أكثر من الأصل نفسه. لم تطلق STON.fi مجرد رمز صناعي عشوائي.
cbBTC (بيتكوين مغلف من Coinbase): إنه مدعوم بنسبة 1:1 من البيتكوين المحتفظ به في وصاية Coinbase المؤسسية. إنه يجسر الفجوة بين أكثر بورصة موثوقة في العالم وسرعة TON اللامركزية.
WETH (إيثر مغلف): أنا أتحدث عن الوصول إلى اقتصاد الإيثيريوم الذي يتجاوز 400 مليار دولار مع نهائية خلال 5 ثوانٍ.
أكثر جزء مزعج في DeFi هو "السيولة المجزأة". تريد تبديل الرمز A مقابل البيتكوين، لكن المجموعة صغيرة جدًا، لذا ستحصل على خسائر بسبب الانزلاق.
استكشف Omniston، بروتوكول تجميع السيولة من STONfi.
إنه يقوم بفحص النظام البيئي لـ TON بالكامل (بما في ذلك DEXs الأخرى) للعثور على أفضل مسار مطلق.
إذا كنت مطورًا، فإن تطبيقك الآن يحتوي على سيولة BTC/ETH تلقائيًا عبر Omniston SDK.
يمكنك حرفيًا تبديل رمز TON الشهير مباشرة إلى cbBTC بنقرة واحدة، ويدير Omniston التوجيه المعقد وراء الكواليس.
هناك ما يقرب من مليار مستخدم على Telegram. قد لا يفتح معظمهم محفظة Metamask أو ينتقلون إلى L2 جديدة. لكنهم يفهمون البيتكوين.
من خلال إدخال $BTC و $ETH بشكل أصلي في STONfi، هم يزيلون "جدار الكريبتو". تخيل مساحة حيث يتلقى المستخدم رسالة، يفتح محفظته المرتبطة بـ Telegram، ويبدل بعض TON مقابل "الذهب الرقمي" للبيتكوين - كل ذلك أثناء انتظار القهوة. هذه هي التبني الجماعي.
APRs عالية المخاطر على TON (أفضل 3 برك سيولة حسب APR)
بينما السوق الأوسع مشغول بتحليل الشموع الكبرى، يعمل نظام $TON بهدوء على تقديم درس رئيسي في السيولة اللامركزية. إذا كنت قد تابعت مؤشرات TVL (إجمالي القيمة المقفلة) مؤخرًا، ستلاحظ تحولًا: "الأموال الذكية" تنتقل بعيدًا عن الاحتفاظ السلبي وتهاجر نحو برك السيولة عالية السرعة.
هذه APRs تتفوق حاليًا على كل نظام بيئي من Layer 1 تقريبًا. لا يُرى مجرد ارتفاع؛ بل يُلاحظ طلب مستمر على السيولة مع انفجار قاعدة مستخدمي TON.
Wall Street in a Wallet: Decoding the Engineering Behind TON’s New Asset Class
A much quieter, more sophisticated transformation is happening right now on the TON blockchain. It's been years of talking about the "bridge" between traditional finance (TradFi) and DeFi, but usually, that bridge is usually a shaky one. For years, "Real-World Assets" (RWAs) were just a theoretical promise. Today, they are live, liquid, and integrated right into Telegram-linked wallets.
Currently, there's a structural collapse of the barrier between a regulated Swiss bank vault and the decentralized speed of $TON . For the first time, users don't need a brokerage account to gain exposure to the world’s most powerful equities; they just need a seed phrase.
Below is a look into the architecture of xStocks and what makes them a unique "building block" in the TON DeFi ecosystem.
The Institutional Foundation Unlike synthetic assets that simply track a price feed, xStocks are tokenized tracker certificates. The journey starts in the regulated financial corridors of Switzerland.
The Issuer: xStocks are powered by Backed Finance, a leader in tokenized securities.The Backing: Every xStock is backed 1:1 by the actual underlying asset (stocks or ETFs).Custody: These physical assets are held in segregated accounts by licensed Swiss custody banks. When you hold $TSLAx on TON, a corresponding share of Tesla is sitting in a regulated vault.
How it Becomes a TON Jetton This happens through a secure bridging and wrapping process.
Minting: Backed mints a bToken on an origin chain (like Ethereum).
Bridging: This token is locked in a secure bridge contract.
TON Native: A corresponding Jetton (the TON fungible token standard) is minted on the TON blockchain.
When users use STON.fi, they are interacting with this final layer. The Omniston routing engine finds the best liquidity for their swap, and the Jetton arrives in their wallet in seconds.
Why This Architecture Matters In the DeFi space, transparency is everything. xStocks solve the "trust" problem using two main pillars:
Chainlink Price Oracles: Prices aren't set by the DEX; they are pushed on-chain by independent oracle networks, ensuring the value stays synced with the NYSE or NASDAQ 24/7.
Proof of Reserves (PoR): Independent auditors have read-only access to the custodian's bank accounts. They verify the assets exist and push that data on-chain. This makes it nearly impossible to "fake" the backing without the network noticing.
The DeFi Advantage Why trade xStocks on TON instead of a traditional brokerage?
Self-Custody: You hold the keys. No broker can freeze your account.
24/7 Markets: Traditional stocks close at 4 PM; xStocks never sleep.
Composability: You can use these Jettons across the TON ecosystem—provide liquidity, use them as collateral, or transfer them as easily as a Telegram message.
⚠️ A Final Reality Check While the technology is borderless, the legalities are not. xStocks are not available to residents of the USA, UK, EU/EEA, Canada, Australia, and other restricted jurisdictions. Always verify your eligibility before interacting with RWA protocols. $BTC $ETH #xStocks #STONfi #TON #TONDeFiEcosystem #WallStreet
DeFi 2.0: Integrating Real-World Assets into Daily Swaps
Some traders can relate to this. You look at your wallet, see 10 different altcoins, and think you’re a genius of risk management. Then Bitcoin takes a 5% dip, and your entire portfolio—every single "diversified" token—drops 15% in lockstep. The Cold Hard Truth: If all your assets react to the same crypto-native headlines, you aren't diversified. You’re just holding different bags on the same sinking ship. Recently, I’ve been restructuring my on-chain holdings on $TON using xStocks. It’s been fantastic for my stress levels, and here’s why I think the "Three-Bucket" strategy is the future of on-chain wealth management.
🛡️ What are xStocks? xStocks (like $AAPL, $SPY, or $TSLA) are tokenized representations of real-world stocks and ETFs. Fully Backed: Held in regulated custody.On-Chain: They live as Jettons in your TON wallet.24/7 Liquidity: Swap into the S&P 500 on a Sunday night while traditional brokers are asleep.
The "Three-Bucket" Framework I’ve stopped chasing every random "moonshot" and rather started categorizing my wallet into three functional buckets: Bucket|| Asset Types || My Strategy 1. Crypto-Native || $TON , Blue-chip Alts, DeFi || The Upside Engine. High volatility, high reward. 2. xStocks (TradFi) || SPYx, AAPLx, Tech ETFs || The Anchor. Decoupled from crypto-only cycles. 3. Liquidity || USDT, USDC || Dry Powder. For rebalancing and buying the dip.
Allocation Archetypes (DYOR/NFA) Depending on users risk appetite, here is how they might mix these on-chain: The Balanced Bridge (40% Crypto / 40% xStocks / 20% Stables): This is my current favorite. You keep skin in the crypto game but have a massive safety net in the real-world economy.The Crypto-Heavy (60% Crypto / 25% xStocks / 15% Stables): You still want those 10x gains, but the 25% in xStocks "smoothes" the drawdowns.The Conservative Builder (25% Crypto / 50% xStocks / 25% Stables): You’re here for the tech and the self-custody, not the heart attacks.
Years back, moving from crypto to stocks meant off-ramping to a bank, waiting 3-5 days, passing more KYC, and dealing with "market hours." On TON, I can move from a volatile meme coin into an S&P 500 ETF ($SPYx) in one swap. Diversification isn't about the number of tickers you own; it's about the correlation between them. By adding xStocks to my TON wallet, I’ve finally built a portfolio that doesn't die every time a crypto whale sneezes.
The Liquidity Layer: How STONfi is Connecting TON to the Rest of the Web3 World
I’ve spent the last few days dissecting the latest sit-down with Andrey Fedorov (CMO & CBDO at STON.fi), and it left me with a realization: we are looking at the end of the "Hype-as-a-Service" period in DeFi.
STONfi is taking a refreshingly grounded and honestly, quite gritty approach to building the liquidity layer of the future.
I've heard lots of narrative, for instance: "Telegram has 900M+ users, so $TON will win." But Andrey points out something many miss: Distribution is useless if the ecosystem is a silo. Attending events like Consensus and Hack Seasons in Hong Kong was a mission to bridge TON liquidity to the rest of the Web3 world. If TON stays isolated, it stagnates.
By positioning STONfi as the gateway for external liquidity to flow into Telegram’s massive user base, they wouldn't just be building a DEX—they are building a cross-chain bridgehead.
The "Utility First" Litmus Test STONfi’s philosophy is different because they think ahead: Does this solve a problem for a builder right now?
The partnership with Privy is the perfect example. By embedding Omniston swaps under the hood, developers can integrate TON liquidity in minutes.
Most DeFi projects fail because they expect users to come to them. STONfi is doing the opposite—they are going to where the developers are and making the tech invisible.
The 2026 Vision: Invisible Infrastructure The most realistic (and exciting) part of the roadmap is the move toward Concentrated Liquidity and TON-to-TRON cross-chain testing.
In my view, the integral aspect of crypto adoption is when the user doesn't even know they are using a blockchain. When you swap tokens inside a Telegram bot or a game, and it’s powered by STONfi’s API without a hitch—that’s a win. "Good infrastructure is like oxygen: you only notice it when it’s gone."
If your strategy is still "deposit and hope," you’re likely leaving 30-40% of your potential yield on the table. In DeFi, information asymmetry is the difference between a 10% gain and a 50% gain. That’s why I wanted to break down a tool that’s actually changing my daily workflow: the STONfi Pools Updates channel.
That’s why I’ve pivoted my entire workflow. Instead of being the person who hears about a 200% APR pool after the TVL has already spiked, I’ve started using the STON.fi Pools Updates channel as my primary signal. It’s essentially a "Yield Radar" that removes the manual grunt work of hunting through the dApp.
Most users treat liquidity provision as "set and forget." But the reality of the $TON ecosystem in 2026 is that it moves fast. With the recent integration of Zodia Custody and the influx of institutional capital, pool depths are shifting daily. Before this Telegram update, I was: Opening my TON wallet.Connecting to the STON.fi dApp.Navigating to the "Pools" tab.Manually comparing 24h volume vs. TVL to guess where the real yield was.
The STONfi Pools Updates channel essentially automates the "scouting" phase of DeFi by doing the following. When a new farm goes live (like the recent JRK or MRDN pairs), the APR is usually highest in the first few hours. Getting a Telegram ping means you’re in the pool before the TVL dilutes the rewards.If the APR on your stablecoin pool drops because too many people joined, the daily snapshot helps you realize it’s time to move your capital to a more efficient pair.It’s "Telegram-native." Since most users already use the Telegram App, having the raw data delivered to the same folder where they chat is a massive UX win.
How to Use It Like a Pro Every morning, I scan the snapshot. I’m looking for "Volume Outliers"—pools where the APR is high because trading volume is spiking, not just because the rewards are being subsidized.
I use the insights to decide when to move from Balanced Mode to Arbitrary Mode depending on which asset in the pair I want more exposure to.
STON.fi x Tonation: بناء اقتصاد منشئي أقوى وأذكى معًا
بينما يستمر النظام البيئي في توسيع نطاقه بشكل عدواني إلى الفضاءات الاجتماعية والإبداعية، شهدت المجتمع مؤخرًا milestone تقنية كبيرة قد يغفلها الكثيرون: وظيفة التبادل الخاصة بـ STONfi مدمجة الآن بشكل أصلي في Tonation. بينما تعتبر أخبار "تكامل آخر" شائعة، فإن هذه طريقة فعالة جدًا في كيفية تلاقي السيولة مع المنفعة.
مشكلة الاحتكاك في دعم منشئي Web3 تاريخيًا، كانت التبرعات بالعملة المشفرة كابوسًا من حيث تجربة المستخدم. إذا أراد مشاهد أن يترك بقشيشًا لبث مباشر باستخدام "Jetton" (رمز يعتمد على TON) ولكن البث المباشر أراد فقط $USDt، كان على المشاهد أن:
The Great Convergence: When 1 Billion Users Finally Met a $650M Liquidity Pool
While most L1s are fighting for the same 2 million DeFi-native users, $TON just unlocked a passage to 1 billion monthly active users. As of early 2026, crypto seems to have moved past the "hype" and into a phase of serious capital growth.
If you're tracking TON, stop looking at just the price chart. The real alpha is in the ecosystem activity: TVL Resilience: Total Value Locked (TVL) solidified in the $600M - $650M range by mid-2024 and has maintained a 3x steadier growth rate compared to incentive-heavy chains.Active Wallets: A fascinating divergence has been hit—100M registrations for TON Space vs. 34M on-chain activated wallets. This is the "conversion gap." Every activated wallet represents a user who moved from "curious" to "transacting."DEX Dominance: STON.fi remains the leading DEX with over 60% market share, but keep an eye on DeDust and the rise of Perpetuals, which now handle $5M - $15M in daily volume.
The 2025/2026 Driver: "Invisible DeFi" The biggest catalyst hasn't been a new yield farm; it’s been Telegram’s UX policy. By making TON Connect the mandatory standard for Mini Apps, Telegram effectively turned its messaging app into a non-custodial gateway. In 2024, you had to try to use TON. In 2026, if you are in the Telegram ecosystem, you are using TON without even realizing it. This "context-switch" removal is why TON’s liquidity feels different—it’s driven by utility, not just mercenary rewards. Capital entry is getting easier. The integration with LayerZero and the launch of stables like Ethena’s USDe on TON have removed the "challenges" previously required to bridge assets.
Beyond Volatility: Integrating Traditional Equities into Your TON Portfolio via xStocks
The integration of Real-World Assets (RWAs) into the decentralized landscape is no longer a "future" concept—it is live on The Open Network ($TON ). For traders who are used to the 24/7 liquidity of crypto, the traditional "market closed" sign has always been a point of friction. With xStocks on STON.fi, the barrier between users' TON wallet and global equity markets has officially come down.
The Tech Behind the Assets: What are xStocks? xStocks are tokenized representations of traditional securities (like Apple, Tesla, or the S&P 500) issued by Backed Finance. 1:1 Backing: Every xStock is a Jetton (the TON token standard) backed 1:1 by the underlying security held in regulated custody.DeFi Native: Because they are Jettons, they interact seamlessly with STONfi’s AMM.Dividend Reinvestment: Per the issuer's prospectus, dividends are automatically reinvested into more tokens, simplifying long-term holding strategies.
Why TON is the Perfect Home for RWAs While other chains struggle with high gas fees or slow finality, TON provides the "avenue" needed for a professional trading experience: Zero Downtime: Trade $NVDAx or $AAPLx at 3:00 AM on a Sunday.Self-Custody: No brokerage account or third-party "frozen funds" risk. Users' assets stay in their Tonkeeper or MyTonWallet.Atomic Swaps: Powered by STONfi’s Omniston protocol, swaps either complete fully or revert entirely—no partial fills or "stuck" orders.
Step-by-Step: xStock Swap For the community, the process will feel very familiar to any standard DEX interaction. Access STON.fi: Use the in-app browser of your TON wallet or the Telegram mini-app.Select Asset: Navigate to the xStocks page to see the verified lineup ($TSLAx, $AMZNx, $SPYx, etc.).Configure Trade: Enter your swap amount (e.g., USDT → $SPYx). The Omniston aggregator will calculate the most efficient route.Confirm & Sign: Verify the slippage and fee reservation. Confirm the transaction in your wallet.Verified Status: Your xStocks will appear in your wallet as standard Jettons. You can track them on any TON explorer using the contract address.
⚠️ Important Compliance Note xStocks are not available to residents of the USA, UK, Canada, Australia, or the EU/EEA. Always ensure you are compliant with your local jurisdiction’s regulations regarding tokenized securities. $BTC $ETH #xStocks #TON #STONfi #TokenizedRWAs #DeFi
How STON.fi is Solving Capital Inefficiency on TON
Any trader who has explored the DeFi space for a while, you will know the "Old Guard" rules: every pool must be a 50/50 split, and if you swap a large amount, you pay the "slippage tax." It’s a rigid system that often forces traders to choose between their preferred portfolio balance and earning yield.
But on STON.fi, the rules of engagement have changed. With the rollout of their V2 architecture, they’ve introduced two major technological shifts—Wstableswap and Weighted Constant Product Invariant (WCPI)—that move the needle from "experimental" to "institutional-grade" efficiency.
1. Wstableswap: Slashing Slippage for Correlated Assets In traditional AMMs, the math assumes every pair is a wild volatility play. But for "pegged" assets like $TON and tsTON (liquid-staked TON), they should trade 1:1. Using a standard curve on these pairs results in unnecessary slippage, especially for whales. The Solution: STON.fi’s Wstableswap uses a flattened price curve. The Performance: Swaps between tsTON and TON now feature significantly lower slippage than previous models.Users can move large positions in and out of staked assets without the "math" eating 1-2% of your principal. It makes liquid staking on TON actually... liquid.
2. WCPI: Your Strategy, Not the Protocol’s The biggest headache for Liquidity Providers (LPs) has always been the forced 50/50 rebalance. If you’re 80% bullish on STON but only want 20% exposure to TON, a traditional DEX forces you to sell your $STON to enter a pool. The Solution: WCPI technology allows for Weighted Pools (e.g., 80/20 or 70/30). Capital Efficiency: You can now provide liquidity in a ratio that matches your market conviction.The STON/TON pool now utilizes this. It reduces "forced" selling and lets you keep your exposure where you want it while still harvesting trading fees.
Why This Wins From a technical standpoint, this is a massive win for Total Value Locked (TVL) stickiness. In traditional DEXs, LPs flee when they don't want to hold a 50/50 split during a bull run. By allowing custom weights, STON.fi keeps liquidity in the protocol even when traders are highly biased toward one asset.
Pro Tip: If you’re holding tsTON, check the Wstableswap pools. The efficiency gain over V1 is measurable, and the capital you save on slippage is essentially "instant yield."
What Does The Future Holds For DeFi? The "rigid" DeFi era is coming to an end. STON.fi isn't just making swaps faster; they are making capital elastic. By bending the protocol to fit the user’s portfolio—rather than forcing the user to bend for the protocol—they are setting a new benchmark for DEXs on any chain, not just TON.
الخزينة الآلية الجديدة لـ STONfi: دروس في الحوكمة على السلسلة
نظام $TON البيئي يتقدم إلى الأمام، و STONfi تتصدر الحملة بخطوة كبيرة نحو صحة بروتوكولات بمستوى المؤسسات. بعد تصويت ناجح من DAO، أطلق فريق التطوير رسميًا آلية الاستحواذ على الخزينة الآلية في وضع الاختبار.
ما هي آلية الاستحواذ على الخزينة؟ أساسًا، تقوم STON.fi ببناء حلقة اقتصادية ذاتية الاستدامة. البروتوكول لديه الآن نظام "غير تقديري" (آلي) يقوم بـ: تلتقط جزءًا من الرسوم الناتجة عن كل عملية تداول على DEX.
Are You a User or a Stakeholder? The STONfi Club Reality Check
For a long time, many users have been treating DeFi like it's a vending machine. They'll put their $TON in, provide some liquidity, harvest their rewards, and occasionally glance at the price charts. It was a functional relationship, but they are essentially flying blind, reacting to updates only after they hit the mainstream news cycle. They are technically just "liquidity providers," They are missing the most valuable asset in this space: contextual intelligence.
The STON.fi Club changes that narrative.
It’s easy to dismiss private groups as mere status symbols, but after spending time inside, I’ve found it’s less about "exclusivity" and more about signal density. In a market where noise is the default setting, the Club functions as a localized filter. It’s the difference between reading a weather report and sitting in the room with the meteorologists while they look at the radar.
Why the "Club" Model Changes the Game Most groups are a chaotic mix of support tickets and speculative hype. The STONfi Club intentionally breaks that mold. By requiring a tangible commitment—whether through holding 2,000 STON, staking 1,000 STON, or maintaining a $10,000 LP position—the protocol has created a "high-stakes, high-intellect" environment.
When you remove the friction of constant "fud" and low-effort queries, the conversation naturally evolves. In the Club, the dialogue with CEO Slavik Baranov and the engineering team isn't about PR—it's about protocol mechanics and the macro-evolution of the TON ecosystem. For someone like me, seeing the rationale behind a new feature before it’s polished for the public provides a perspective on market maturity that you simply won't find on a standard DEX dashboard.
معيار الـ 4 ثوانٍ: تحليل النشاط القياسي غير المسبوق في ديسمبر لـ STONfi
كنت أفكر اليوم في مقدار ما نأخذه كأمر مسلم به في DeFi. نتحدث عن "التبني الجماهيري" و"قابلية التوسع" كما لو كانت مفاهيم مجردة، ولكن بعد ذلك تنظر إلى البيانات الفعلية وتدرك أنها تحدث بالفعل تحت أنوفنا. لقد رأيت للتو إحصائية أوقفتني أثناء التمرير: في ديسمبر، كان مستخدمو STONfi ينفذون تبادلاً كل ~4 ثوانٍ. للوضوح: بحلول الوقت الذي تكتب فيه "gm" في مجموعة تيليجرام المفضلة لديك، يكون شخص ما، في مكان ما على سلسلة الكتل $TON قد أكمل بالفعل تبادلاً سلسًا ولامركزيًا.
المسك "ميت": لماذا أتحول إلى السيولة الديناميكية على TON
إذا كنت قد تابعت نظام TON البيئي على DeFiLlama وغيرها من المنصات الموثوقة مؤخرًا، فقد رأيت انفجار الحجم. لكن هناك فرق كبير بين الحامل السلبي والمزود الاستراتيجي. نتحدث غالبًا عن "العمل بذكاء، وليس بجد" - وقد أنشأت STON.fi مجموعة الأدوات لجعل ذلك واقعًا.
إليك كيف توقفت عن التخمين وبدأت في استخدام الرياضيات للبقاء متقدمًا في لعبة السيولة. 1. وفاة الرياضيات 50/50 (توفير عشوائي) في DeFi التقليدي، الدخول إلى مجموعة هو كابوس مليء بالاحتكاك. تحتاج إلى تقسيم مثالي 50/50 لكلا الرمزين. إذا كنت بعيدًا عن النسبة بمقدار صغير، تفشل المعاملة أو تضيع الغاز في المبادلات اليدوية.
I was just looking over the latest STON.fi DAO Governance Digest, and while the "1 finalized proposal" might seem like a quiet week to an outsider, it tells a very different story to some. While the numbers look modest on the surface, the implications are massive for anyone holding STON.
📊 The 7-Day Snapshot Proposals Finalized: 1Status: Accepted (100% success rate Last week) It’s easy to scroll past a "1 proposal finalized" update and think, "Is that it?" But in the world of on-chain governance, especially on $TON , this represents a deliberate shift toward decentralized maturity.
Unlike many projects that use "off-chain" snapshots which feel more like a suggestion box, STONfi’s DAO is fully on-chain. This means when that one proposal was "Accepted," it wasn't just a mood check—it was a programmatic commitment to the protocol's future.
Why this Matters: Direct Influence: Users are governors not just mere explorers. By staking $STON, you receive ARKENSTON (voting power). Last week’s accepted proposal shows that the system works—community voices are literally turning into protocol reality.Long-Term Alignment: The governance model rewards duration. The longer you lock, the more your voice matters. This filters out short-term noise and ensures that the "Accepted" proposals are backed by people who actually care where STON.fi is in 2027.The "First Mover" Edge: STONfi is setting the standard for DAOs on TON. Watching a proposal move from discussion to finalized/accepted is a masterclass in how decentralized finance is supposed to scale.
DAOs are hard. Most people just want to swap and leave. But the fact that we have a functioning, transparent one where even a single proposal can be debated and integrated shows that the STON Foundation is successfully handing over the keys.
معظم المستخدمين مثلي الذين كانوا نشطين على الشبكة المفتوحة ($TON )، أنتم جميعًا تعرفون بالفعل المعاناة: الرموز ذات الإمكانيات العالية غالبًا ما شعرت بالعزلة عن بقية عالم DeFi. نقل الأصول من إيثريوم، سولانا، أو سلسلة BNB عادة ما يعني الانتقال من سلسلة إلى أخرى، ودفع رسوم جسر متعددة، والتعامل مع انزلاق كبير في "الميل الأخير" إلى TON.
دمج أومنيستون (من فريق STON.fi) في رنجو إكستشينج هو الترقية التي كنت آملها، قليلًا ما كنت أعلم أنها ستأتي بهذه السرعة.
TON Farms are ♨️: TONG (178%), FRT (98%), and STON(14%)
Is it just me, or is the $TON ecosystem starting to feel like the only corner of the market that isn't sleeping right now? Between the Telegram integration and the massive liquidity incentives, we’re seeing some numbers on STON.fi that look like they're straight out of the 2021 DeFi summer.
But here’s the thing: high yield doesn't come without a story. I’ve been looking into the latest active farms—specifically TONG, FRT, and the STON/USD₮ pair—to see where the actual opportunity lies versus where the "yield trap" might be hiding. If you’re like me and you’re looking to put your TON to work rather than just letting it sit in a wallet, you need to understand the risk-to-reward ratio of what you’re clicking on.
1. TONG/TON —178% APR
TONG is essentially the "culture coin" of TON. It started as a memecoin (TONG means "pain" or "ouch"), but its community is remarkably resilient.
This is for the "diamond hands" who believe TONG has more room to run in the current memecoin supercycle. At this rate, your rewards can offset a decent amount of price fluctuation, but watch out for Impermanent Loss (IL) if one side pumps way harder than the other.
2. FRT/TON — 98% APR
ForTON (FRT) is carving out its niche as a decentralized ecosystem play within TON. It’s slightly more "utility-focused" than pure memecoins, aiming for sustainable community incentives.
Nearly 100% APR is that juicy deal for many farmers. It’s high enough to double your bag (theoretically) in a year, but the FRT price action tends to be a bit more structured than the pure moonshot tokens.
If you’re bullish on the broader TON dapp ecosystem, this feels like a solid "middle-ground" play. You’re earning high rewards while supporting the liquidity of a growing project.
3. STON/USD₮ —14% APR
This is the "blue chip" farm of the DEX. You’re pairing the platform’s native token (STON) against a stablecoin (USD₮).
I know you might feel 14% looks "low" compared to 178%, but in a bear or sideways market, this is a gold mine. Why? Because one side is pegged to the dollar. This significantly reduces your risk of total portfolio drawdown.
I use this for capital preservation. If the market gets shaky, I’d rather earn 14% on a pair where half my value is protected by USD₮ than chase 100%+ on tokens that might drop 50% in a week.
The TON blockchain is currently in a "liquidity attraction" phase. STONfi is using these high rewards to ensure that when the next 100 million Telegram users start swapping, the slippage is low.
Pro-Tips for New Farmers:
Gas is Cost Effective: One of the best things about TON is the low fees. You can actually harvest and re-stake (compound) your rewards frequently without losing half of it to gas.Monitor the IL: High APRs are a hedge against price drops, but they aren't magic. Always use an IL calculator if you're entering the TONG farm.The "STON" Advantage: Holding and farming STON itself usually gives you more skin in the game for the protocol's future DAO governance.
إذا كنت قد تابعت $TON النظام البيئي منذ أيام بوت تيليجرام الأولى، وإذا كنت قد تابعت الرسوم البيانية في الآونة الأخيرة، ستلاحظ شيئًا مثيرًا يحدث في مشهد DEX. إنها دراسة حالة كلاسيكية لـ "الابتكار مقابل الجمود."
عندما بدأت أولاً بالتبادل على TON، كانت DeDust الملك بلا منازع. كانت الرائد المبكر، "القاعدة الأساسية" لمعظم أصولنا، وكانت تمتلك حصة ضخمة من إجمالي القيمة المقفلة (TVL). في ذلك الوقت، كانت STON.fi تحت الكلب - بدأت من الوراء، تحاول إيجاد موطئ قدم بينما كانت DeDust تستمتع بميزة الرائد.
This is 2026 and $TON ecosystem is moving at lightspeed, and TON’s leading DEX just dropped a massive redesign. I spent the last few hours stress-testing the new STON.fi website. As a daily user, here’s my honest breakdown of why this is a game-changer for the ecosystem.
1.The "Zero-Friction" Experience The first thing you’ll notice is the Omniston integration. It’s not just a mere UI change; it’s a performance beast. Aggregated Liquidity: I noticed tighter spreads on mid-cap TON tokens.Speed: The "One-Click" philosophy is real. Connecting a @tonkeeper or Telegram wallet feels native and lag-free.Analytics: The LP dashboards are now far more transparent, showing real-time APY without digging through layers of menus.
2. Trust & Security In a world of rugpulls, seeing the Trail of Bits audits and open-source documentation front-and-center builds immediate confidence. The site feels less like a "web app" and more like a professional financial terminal.
🎁 Alpha Leak: Launch Contest? The team dropped a special contest specifically for the website launch running till 16th January, 2026. Given STON.fi’s history, these usually involve decent incentives for the community. I’m keeping my notifications on for this one.
The quiet accumulation phase is over in the $TON ecosystem. While everyone is chasing the next big L2 narrative, the real liquidity is moving into STON.fi. TON has been quietly building some serious momentum, and STONfi is emerging as one of its most promising DEXs. The current farming pools, and the numbers are really worth liquidity providers attention. But let's look into the actual mechanics.
1. TONG/TON → 170% APR For those who aren't familiar, TONG is one of the most resilient community-led memecoins on TON. 170% is massive, but remember—this is a high-volatility pair. This is essentially a bet on the TON meme-season. If TONG holds its floor or climbs alongside TON, the rewards from the farm can easily offset any minor price fluctuations. It’s perfect for those who already hold TONG and want to turn that "idle" asset into a rewarding one. Of course, high APRs come with volatility risk—TONG is still a relatively young token—but for users who believe in the long-term vision of STON.fi and the TON ecosystem, this could be a high-risk, high-reward play.
2. USD₮/JETTON → 32% APR JETTON is the token standard on TON, and this pool seems to be attracting a lot of liquidity. I’ve parked a portion of my stablecoins here—32% on stables is nothing to scoff at in today’s market.
3. STON/USD₮ → 15% APR STON is the native utility token of the DEX itself. This is a more conservative option, but still solid. STON is the DEX’s native token, and pairing it with USD₮ gives you a relatively stable farming experience. I see this as a good entry point for those who want to dip their toes into STONfi without going full degen.
If you’re farming on STONfi, the UI is as smooth as it gets. I personally split my liquidity. I keep 20% in the TONG/TON pool for the "degen" gains and 80% in the USD₮/JETTON and STON/USD₮ pools to build a solid foundation of rewards. The TON blockchain’s integration with Telegram is a "sleeping giant." As more users bridge in, the trading volume on STONfi goes up, which means more fees for Liquidity Providers.