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What are the differences between the various DEXs?
The core of any #DeFi# platform lies in swaps and liquidity pools, forming the backbone of decentralized exchanges (DEXs) like Uniswap (ETH), PancakeSwap (BNB), and STОNfi (TON). While most DEXs stick to these basics, their differences often come down to the blockchain they operate on. However, some platforms push beyond the standard, introducing unique tools to enhance user experience in the DeFi space.
STОNfi, the leading DEX on the TON blockchain, has quickly made a name for itself since its inception. Its farming rewards attract liquidity providers with high APRs, such as:
BLUM/TON: 421% APR
JRT/TON: 233% APR
STON/USDT: 21% APR + IL protection.
A key differentiator is STОNfi’s development of the Omniston Protocol, which aggregates liquidity from multiple sources to offer optimal rates with near-zero slippage. Plans for cross-chain integration, starting with $TRX, are also in the works. These advancements highlight STОNfi’s role in driving TON’s DeFi ecosystem forward, setting it apart from typical DEXs.