STON.fi vs DeDust.io
I know it’s sometimes hard to choose a DEX on which to run most of your transactions on the TON blockchain. Swaps, liquidity providing, staking: these are all things you need a DEX for. In this article, we’ll compare the two most popular exchanges on the TON network and identify the best one.
The two leading DEXs on the TON blockchain, STON.fi and DeDust, will be compared in several categories, but let’s start by looking at the numbers.
Metrics:
- TVL (Total Value Locked):
STON.fi — $148M
DeDust — $88M - UAW (Unique Active Wallets):
STON.fi — 353K
DeDust — 118K - ATV (All Time Volume):
STON.fi — $6.9B
DeDust — $2.2B
However, it’s silly to compare the two DEXs based on dry stats alone. So let’s move on to the next point.
User-interface and design
STON.fi impresses the user with its user-friendly interface, which is very intuitive and understandable for a beginner. Also, there are a lot of hints and guides on the site. For example, if you hover your cursor over the characteristic “i” icon next to a term, the site will explain the essence of that term to you. Convenient. Stylistically, everything is done in soft blue accent colors, while DeDust’s main color is orange. However, when using DeDust, I didn’t notice as much depth and usability as STON.fi. The interface feels a bit clumsy or something. Moreover, some users complain about the lack of token icons in the mobile version of the site, which makes it difficult to use DEX. So here STON.fi deserves the score.
Functionality and features
Now we will talk about interesting features of both platforms. The very little things that build usability.
STON.fi: if you select any two tokens in the “Swap” tab, the Trust Score from DYOR.io will appear near the coin you want to swap. Interesting and useful.
DeDust.io: There is a sorting of liquidity pools by the tokens they contain: $TON, $USDT and the $DUST project token.
STON.fi: There are a lot of farming sites that offer rewards to the user for supplying liquidity to the pool, while on DeDust there are far fewer of them.
DeDust.io: Here you can literally “boost liquidity” by adding rewards to the pool yourself to increase the liquidity of the suppliers that join. Similar to the principle of farming on STON.fi, however here the rewards can be added by any user.
Future plans
STON.fi plans to actively develop cross-chain technology between TON and other blockchains. The first on their list is Tron (by the way, a test swap has already been conducted), and in the future new ones will be added, including different EVM networks such as ETH, BNB, AVAX.
Moreover, STON.fi is developing Omniston Protocol, which provides the best rate among all liquidity sources with zero slippage. You can learn more about what Omniston is here.
Unlike STON.fi Whitepaper, DeDust’s Whitepaper is rather empty and does not tell about the project’s future plans.
Based on my personal experience, I can say that STON.fi is ahead of DeDust not only in Metrics, but also in all other parameters. It is more convenient to use DEX, the conditions are more favorable, because STON.fi offers you zero commission and minimal slippage, as well as many farming programs.