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The decentralized exchange (DEX)<\/a> ecosystem on the TON network has experienced exponential growth<\/strong> in recent weeks, with a considerable increase in the number of addresses and transactions<\/strong>.<\/p>\n Recent data<\/strong> <\/a>reveals that platforms like STON.fi and DeDust are attracting a growing number of users<\/strong>, with increased adoption of this network for trading needs. STON.fi stands out as the sector leader, capturing around 90% of all DEX transactions<\/strong> on the TON network. Its dominance is due to its user-friendly interface, advanced security measures, and a wide variety of available trading pairs<\/strong>.<\/p>\n Between September 1 and September 23, STON.fi reported a 15% increase in the number of addresses<\/strong>, reaching a total of 171.3k.<\/strong> DeDust also showed healthy growth, with a 14.9% increase<\/strong>, achieving 171.4k addresses<\/strong>. Although Megaton Finance recorded a more modest growth of 1.75%<\/strong>, with a total of 5.8k addresses<\/strong>, its performance still aligns with the positive trend characterizing the DEX ecosystem on TON.<\/p>\n Comparing this data with figures from April, an astronomical increase in addresses is observed, with STON.fi and DeDust showing increases of 924% and 1053%<\/strong>, respectively, starting from a combined total of just 14.8k.<\/p>\n Additionally, the growth of daily transactions on the TON network has followed the same trajectory. Transactions rose from 319.4k in January to 11.4 million in September<\/strong>, representing an impressive growth of 3,569,092%<\/strong>. The total value locked in the network has also dramatically increased, reaching $420.2 million, an increase of over 3,000% since January.<\/strong><\/p>\n A key factor explaining this growth has been the integration of the TON network with the popular messaging app Telegram<\/strong>, which has nearly 950 million users<\/strong>. This connection has allowed TON to access a broad user base through features such as an official wallet<\/a> embedded<\/strong> in the app and support for various bots and mini-apps<\/strong>.<\/p>\n However, the ecosystem has faced some setbacks. The arrest of Telegram CEO Pavel Durov<\/strong> caused a temporary drop in the price of its native cryptocurrency, Toncoin, which fell to its monthly low before slightly recovering. The community issued a statement, condemning the arrest as an attack on freedom of expression<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" TL;DR The DEX ecosystem on the TON network has grown exponentially, increasing the number of addresses and transactions in recent weeks. STON.fi leads the DEX sector with 90% of transactions and reports a 15% increase in addresses, while DeDust grew by 14.9%. Integration with Telegram has been key to this growth, despite challenges such as … <\/p>\n![\"TON](\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/ton1-post.png\")
<\/p>\nThe Overwhelming Success of TON Alongside Telegram<\/h2>\n
![\"TON](\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/ton2-post.png\")
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