TON DEX Overview: STON.fi, DeDust & Launchpads

STON.fi is the dominant decentralized exchange on the TON blockchain, commanding the majority of all TON token trading volume. Built with TON's native smart contracts, it uses an AMM (automated market maker) model with concentrated liquidity pools for capital efficiency.

Traders on STON.fi benefit from deep liquidity on major pairs like TON/USDT, TON/NOT, and hundreds of other tokens. The platform charges a 0.3% swap fee split between liquidity providers and the protocol. STON.fi also supports liquidity provision, allowing traders to earn fees on their holdings.

For trading bots, STON.fi integration is essentially mandatory — it's where the most tokens are available and where price discovery happens for TON assets. Every serious TON trading bot supports STON.fi as a primary execution venue.

DeDust is the second-largest decentralized exchange on TON, offering an alternative liquidity source to STON.fi. While smaller by total volume, DeDust often has competitive prices on certain token pairs and is essential for traders who want the best execution across the TON ecosystem.

DeDust uses a unique vault-based architecture that allows for customizable pool types and fee structures. Traders can sometimes find lower slippage on DeDust for tokens with deep liquidity there, making multi-DEX support in a bot genuinely valuable.

Bots that support both STON.fi and DeDust can route trades to whichever offers the better price, reducing costs and improving outcomes. This smart routing is a key feature to look for when choosing a TON trading bot.

BigPump (also referred to as GasPump) is TON's primary token launchpad, modeled after pump.fun on Solana. New memecoins and community tokens launch here with a bonding curve mechanism: as more people buy, the price automatically increases along a predefined curve until it reaches a market cap threshold and graduates to STON.fi.

The bonding curve model means early buyers get the best prices. Being first into a new BigPump launch can yield significant gains if the token gains traction — but it also carries high risk since most launches fail. A dedicated bot with BigPump integration can monitor new launches and execute buys within milliseconds.

When sniping BigPump launches, configure your bot's slippage tolerance (5–15% is typical for new launches), set a max buy amount per trade, and always have a stop-loss in place. Never bet more than you can afford to lose on a new launch.

PocketFi is a Telegram-native DeFi trading platform built on TON that combines DEX aggregation with a user-friendly interface. It aggregates liquidity from multiple sources to find the best prices for traders, similar to a DEX aggregator on other chains.

Trading bots with PocketFi integration can access its liquidity pools and take advantage of its aggregated pricing. PocketFi is particularly popular for its seamless Telegram integration, making it a natural fit for bot-based trading strategies.

TON.fun is a community-focused token launch platform on the TON blockchain. Like BigPump, it enables anyone to launch tokens via a bonding curve mechanism, but with its own distinct community and token ecosystem. TON.fun has developed a reputation for more community-driven launches compared to BigPump.

Having bot support for both TON.fun and BigPump ensures you don't miss launches on either platform. Crypton Superbot and StonksBot are the leading bots for TON launchpad coverage, supporting both platforms along with STON.fi.

Blum is a crypto discovery and mini-app platform integrated with Telegram and TON. It serves as a hub for finding new tokens and projects in the TON ecosystem, with built-in trading functionality. Blum has gained significant traction as a discovery layer for new TON projects.

Bot support for Blum is still emerging — currently only StonksBot has native Blum integration. As Blum grows in importance within the TON ecosystem, expect more trading bots to add support. Traders focused on finding early-stage TON projects should watch for expanded Blum bot support.