STON.fi vs DeDust.io
Sap! In this article I will give you a comparison of two decentralized exchanges in the TON network - STON.fi and DeDust.io. I didn't find any other competing exchanges, so let's get down to the two exchanges.
⚡️Familiarize yourself with STON.fi and DeDust.io:
STON.fi - is an innovative decentralized automated market maker (AMM) platform running on the TON blockchain. Here we can swap our tokens, steak, throw our tokens into farming and get rewards for it.
DeDust.io - aims to become the central DeFi hub for TON users. It features an interface, extensive integrations and a robust protocol, making it accessible to people who understand the basics of cryptocurrency. All the same we can swap, farm, and steak our tokens.
STON.fi has a very user-friendly interface, it is just perfect for newcomers who have just entered.
DeDust.io, in turn, is suitable only for old-timers, i.e. experienced traders.
If we compare, STON.fi is the clear winner! It is much more convenient, faster, and more profitable to weld here. Plus very low commissions. They also added such a system as TrustScore, which collects all the information about the token and determines the % value of the token rating. So we can know where the token is scam and where it is a heme token.
DeDust.io doesn't have all that!
STON.fi quite often reward their users for supplying pool liquidity where we get juicy rewards for it. Would you like the same? Subscribe to their official telegram channel and stay up to date.
DeDust.io, on the other hand, does not.
STON.fi's returns are stable but less competitive because the platform is limited to a smaller set of assets. But it minimizes these risks by limiting the number of assets and taking advantage of the stability of the TON ecosystem.
DeDust.io offers higher potential returns due to its versatility and pool diversity. However, the risks on DeDust.io are higher given the potential for slippage and asset volatility.
Both DEXs integrate with popular TON wallets such as Tonkeeper and TON Wallet. STON.fi in turn facilitates integration with new projects, while DeDust.io does not.
STON.fi has a TVL of $149.5 million and DeDust.io has $87.28 million. The numbers clearly show who the father is!
It's obvious to everyone who's winning.
STON.fi's Ambassador Program is one of the best.
The team rewards people for creating content about STON.fi. As a result of this marketing, STON.fi was recently ranked among the top 5 DEX in the world!
Both exchanges are decent, but according to the available data, STON.fi claims the 1st place out of all DEX exchanges.
Link to all STON.fi sources - https://linktr.ee/ston.fi