Megaton Finance

DeFi

Coin

<ul class="wp-block-list news-points">
 <li>TON DEX transactions and addresses surge, showing increased investor interest.&nbsp;&nbsp;</li>
 <li>STON.Fi dominates the TON DEX market, capturing 90% of all transactions.&nbsp;&nbsp;</li>
 <li>DeDust and Megaton Finance struggle to keep pace with STON.Fi’s rapid growth.</li>
</ul>
The TON network has recorded a remarkable<a href="https://x.com/cryptoquant_com/status/1838479667294061034" target="_blank" rel="noopener noreferrer nofollow"> surge in activity</a> driven by a rising number of addresses and transactions on decentralized exchanges (DEXs), per CryptoQuant’s analysis. This points to increased interest from investors and traders in decentralized trading, especially on STON.Fi.
Interestingly, this jump in activity has happened as TON’s price has stabilized after a period of upward movement. This might mean that while early adopters may have already profited, many new traders might have missed out on speculative gains. Even without recent price changes, the rise in new addresses interacting with TON’s DEXs shows continued interest and confidence in decentralized trading.
<h2 class="wp-block-heading" id="h-ston-fi-dominates-ton-s-defi-scene">STON.Fi Dominates TON’s DeFi Scene</h2>
Among the major players on TON’s network, STON.Fi has become the clear leader as traders flock to decentralized trading options on the network. This decentralized automated market maker (AMM) has a remarkable 90…
The post <a href="https://coinedition.com/ton-dex-activity-soars-ston-fi-dominates-as-investor-interest-grows/" rel="noopener noreferrer nofollow">TON DEX Activity Soars, STON.Fi Dominates as Investor Interest Grows</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

TON DEX Activity Soars, STON.Fi Dominates as Investor Interest Grows

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