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What are modern DEXs?
There are many DEX exchanges on every blockchain. Many of them have already surpassed many CEX exchanges in terms of convenience, trading volumes, and functionality.
DEX exchanges have almost always tried to lure users away from CEX, but at this point, that has already happened, and many DEXs are now competing with each other.
The situation is different on the $TON blockchain, but the main DEX exchange,
STON fi , has managed to surpass many DEXs in terms of
If we look at the competitors, they are at a low level of competitiveness and are unlikely to be able to take away part of the STON fi community, because every month there are more and more users who choose STON fi . Such market monopolisation leads to changes in the $TON blockchain and the distribution of liquidity in different places.
At the moment, STON fi TVL is $68 million, which is 5 times higher than its closest competitor.
The trading volume on DEX for 30 days was $113 million. If you want to compare everywhere, the closest competitor has $23 million. This is 5 times less than STON fi.
When comparing liquidity pools, STON fi has a large number of them. In my opinion, about 50 of them are active.
The closest competitor, also a DEX exchange, has 10 active liquidity pools. Even among these liquidity pools, most have little potential for growth and low liquidity.
The most active and popular liquidity pools on STON fi are:
$TON / $USDT 28%
$TAC / $USDT 17%