STON.fi Secures $9.5M Series A to Revolutionize TON DeFi Ecosystem with Ribbit Capital and CoinFund
In a groundbreaking move for decentralized finance, STON.fi Dev has secured $9.5 million in Series A funding to expand the TON DeFi ecosystem. This investment, led by Ribbit Capital and CoinFund, marks a significant milestone for the leading decentralized exchange on the TON blockchain.
Why is STON.fi Dominating TON DeFi?
STON.fi has quickly become the backbone of TON’s DeFi activity with:
- Over $6 billion in trading volume since launch
- 27 million transactions processed
- 80% market share of TON’s trading activity
- Ranked #1 by unique active wallets on TON
How Will the $9.5M Funding Be Used?
The investment will accelerate development of key features:
| Feature | Benefit |
|---|---|
| Concentrated liquidity pools | Improved capital efficiency |
| Native limit orders | Enhanced trading experience |
| Community governance layer | Decentralized decision-making |
| Omniston protocol | Cross-chain bridge-free swaps |
What Makes STON.fi a Game-Changer for DeFi?
STON.fi’s success stems from its deep integration with Telegram-native wallets and TON-based tokens. The platform offers:
- Seamless token swaps
- Liquidity provision opportunities
- Yield farming capabilities
- Open architecture for developer innovation
What Do Industry Leaders Say About This Funding?
Slavik Baranov, CEO of STON.fi Dev, called this “a strong vote of confidence from visionary investors.” Alex Felix of CoinFund described STON.fi as a “gravitational center” of TON’s DeFi activity with potential to redefine infrastructure at scale.
Frequently Asked Questions
What is STON.fi?
STON.fi is the leading decentralized exchange on the TON blockchain, facilitating token swaps, liquidity provision, and yield farming.
Who invested in STON.fi’s Series A?
The $9.5M round was led by Ribbit Capital and CoinFund, with participation from Delphi Ventures and TON Ventures.
What is the Omniston protocol?
Omniston is STON.fi’s liquidity aggregation protocol that enables bridge-free swaps across multiple blockchains.
How does STON.fi benefit Telegram users?
STON.fi integrates with Telegram-native wallets, making DeFi accessible to Telegram’s massive user base.
What’s next for STON.fi?
The team will focus on developing concentrated liquidity pools, native limit orders, and cross-chain capabilities to expand the TON DeFi ecosystem.
