STON

STON is the native token of STON.fi, a decentralized automated market maker running on the TON blockchain. STON.fi allows users to swap tokens directly from a TON-compatible wallet without going through a centralized intermediary, targeting anyone who wants to trade assets in the TON ecosystem with minimal friction. The project describes itself as offering very low fees and low slippage compared with other decentralized exchange designs.

STON.fi uses an automated market maker model, meaning prices are determined algorithmically by the ratio of assets held in liquidity pools rather than by a traditional order book. The STON token exists on the TON blockchain, which uses its own consensus mechanism separate from STON.fi itself — the protocol is an application layer built on top of TON. The token's specific governance or utility functions within the STON.fi system are not detailed in the data held here beyond its role as an exchange-based token tied to the platform.

Fees are generated by traders who swap tokens through STON.fi's liquidity pools; over the trailing 30 days the protocol recorded total fees of $254,507 and supply-side revenue — the portion paid to liquidity providers — of $200,316. The protocol itself retained $54,191 over the same 30-day window, a figure described as protocol revenue. In the most recent 24-hour period, fees reached $18,010 and protocol revenue was $3,597, with the take rate — the share of fees the protocol keeps rather than passing to liquidity providers — standing at approximately 21.3% over the trailing 30 days. Annualizing the trailing 30-day fee figures produces an annualized fee figure of roughly $3,096,502 and annualized protocol revenue of roughly $659,324.