I will review these exchanges from the perspective of an average user who does not execute particularly large trades.

Liquidity and Volume

According to data provided by services tracking exchange statistics, STONfi’s TVL is $111.1M, while DeDust’s is $75.3M. This means that your desired swap pair is more likely to have higher liquidity on STONfi. Personally, my trades rarely exceed a few hundred dollars, so I don’t stress too much about finding the absolute best rate — I simply trust STONfi for my transactions.

Token Availability

STONfi also offers a broader selection of tokens — 112 compared to 96 on DeDust. This variety makes it easier to find and trade the tokens I’m interested in. All these factors combined make STONfi my go-to exchange.

Why Choose STONfi?

In addition to higher liquidity and a larger number of tokens, STONfi consistently delivers on user experience. Its interface is intuitive and caters to both beginners and experienced traders. Perhaps it’s just my opinion, but as someone who disliked Instagram’s previous dark theme, I’m not a fan of DeDust’s dark design either. The issue lies in the overly dark background, which makes other elements too bright, especially when working in low-light conditions.

This might be subtle in Medium articles but becomes more noticeable when using exchanges at night.

Moreover, advanced farming opportunities, impermanent loss protection, and other market-leading technologies make the exchange stand out among competitors. For example, the Omniston protocol is expected to exit beta soon, adding even more appeal.

Comparing Options

While I prefer STONfi for most of my trades, DeDust also has its merits. Depending on your goals, such as providing liquidity (for pairs unavailable on STONfi or with higher APR) or finding niche token pairs, it can be a good choice. That’s why I recommend trying both platforms to find the one that suits you best.

Final Thoughts

For an average user looking for a reliable and efficient decentralized exchange on TON, STONfi is the ideal choice. However, don’t hesitate to explore DeDust if it meets your specific requirements. In any case, crypto is about experimentation and finding what works best for you. Good luck!