STON PriceSTON

What is STON (STON)?

STON (STON) is the native utility token of STON.fi, a decentralized automated market maker (AMM) and decentralized exchange built on the TON blockchain. The protocol is designed to deliver virtually zero fees, low slippage, an extremely easy interface, and direct integration with TON wallets. STON sits at the center of the platform's core functions, allowing holders to participate in decentralized governance through long-term staking. The token has a total supply of 99,999,999 STON. Circulating supply is reported inconsistently across sources (about 35.39M self-reported on CoinMarketCap versus about 70.46M per Finary), so market-cap comparisons should be treated with caution. STON.fi was founded in 2022 and is positioned as the largest DEX on the TON blockchain, with 4,771 coins and pairs listed, positioning itself as a user-friendly exchange aimed at mass adoption through access to the Telegram audience.

Key Specifications & Tokenomics

• Name: STON
• Ticker / Symbol: STON
• Project / Protocol: STON.fi
• Blockchain / Platform: TON blockchain
• Category: Exchange-based Tokens
• Total Supply: 99,999,999 STON
• Circulating Supply: Circulating supply is reported inconsistently across sources (about 35.39M self-reported on CoinMarketCap versus about 70.46M per Finary), so market-cap comparisons should be treated with caution.
• Max Supply: 99,999,999 STON
• Maker Fee: 0
• Taker Fee: 0
• Official Website: https://ston.fi/
• Whitepaper: https://static.ston.fi/whitepaper.pdf
• Contract Address (TON): EQA2kCVNwVsil2EM2mB0SkXytxCqQjS4mttjDpnXmwG9T6bO
• Explorer: https://tonviewer.com/EQA2kCVNwVsil2EM2mB0SkXytxCqQjS4mttjDpnXmwG9T6bO
• Source Code: https://github.com/ston-fi
• Launch Date: November 19, 2022
• Listing Date: October 26, 2023

Who created STON?

STON.fi was founded in 2022 by Slavik Baranov, who serves as Founder and CEO. The core team includes Alexey Papirovskiy as CPO, Andrey Fedorov as CMO and CBDO, Dmitriy Malinovskiy as CFO, Ethan Clime as Head of Developer Relations, and Martin Masser as Chief Business Development Officer. The project has attracted backing from notable investors, including CoinFund, Delphi Ventures, Karatage, and TON Ventures. Angel investors include Sergej Kunz and Anton Bukov, Co-Founders at 1inch, and Philipp Zentner, CEO of LI.FI. According to public data aggregators, STON.fi raised a total of $9.50M, with the token sale completed in July 2025.

How does STON work?

STON.fi operates as a decentralized automated market maker on the TON blockchain. The architecture of the TON blockchain with sharding allows STON.fi DEX users to conduct millions of transactions per second. The protocol provides virtually zero fees, low slippage, and direct integration with TON wallets, making it accessible to a broad audience. STON is integrated into the platform's core functions, enabling users to take part in decentralized governance through long-term staking. By staking STON, users earn GEMSTON rewards and obtain DAO voting power, allowing them to vote on upgrades and new features for the protocol. STON is also available for swap directly on STON.fi, connecting community members to the ongoing development and direction of the platform. STON.fi is a Request For Quote (RFQ)-based cross-chain exchange that uses Hashed Timelock Contracts (HTLC) to execute cross-chain swaps atomically, removing the need for trusted intermediaries; the protocol therefore describes itself as a Zero-Trust Cross-Chain DEX.

What makes STON unique and valuable?

STON.fi distinguishes itself through its focus on community and accessibility. The protocol is described as a DEX with a human face, providing users with fast support and taking into account their opinions. Its integration with the Telegram audience positions it for mass adoption, while the TON blockchain's sharding architecture delivers high throughput. The protocol charges zero maker and taker fees, removing a significant barrier for traders. STON.fi is positioned as the largest DEX on the TON blockchain, with 4,771 coins and pairs listed. Starting Q4 2022, STON's research and development has focused on the opportunity of creating trading futures on asynchronous blockchains with all advantages of advanced TON blockchain sharding. The dual-token model, with STON for governance and GEMSTON for engagement rewards, creates a layered incentive structure that encourages long-term participation.

What is STON used for?

STON serves multiple functions within the STON.fi ecosystem. It is the native utility token integrated into the platform's core operations. Holders can stake STON to earn GEMSTON rewards and obtain DAO voting power, giving them a voice in protocol upgrades and new feature decisions. STON is also available for swap directly on STON.fi. The related token GEMSTON functions as an engagement and reward token, distributed to users who stake STON. Unlike governance tokens, GEMSTON does not provide voting rights; its main purpose is to function as an incentive and reputation layer, allowing recipients the flexibility to hold, transfer, or swap the token. GEMSTON is fully available for swap on STON.fi and can be sent between TON wallets.

How Is the STON ecosystem developing?

The STON.fi ecosystem continues to expand through integrations and partnerships. Omniston has scaled from a liquidity layer to an execution engine in production. STON.fi and TON Wallet united to bring Telegram-native DeFi to the U.S. The platform supports a range of popular tokens including TON, USD₮, EVAA, STORM, UTYA, tsTON, and REDO. STON.fi has secured funding from CoinFund, Delphi Ventures, Karatage, TON Ventures, and angel investors from 1inch and LI.FI. The protocol's R&D has focused on creating trading futures on asynchronous blockchains. STON.fi lists 4,771 coins and pairs and remains positioned as the largest DEX on the TON blockchain. The project's tokenomics and vesting schedules continue to be analyzed as the ecosystem matures.

How to mine STON?

STON is not mined through traditional proof-of-work mechanisms. Instead, it is earned through staking within the STON.fi ecosystem. Users stake STON tokens to receive GEMSTON rewards, which serve as an incentive and reputation layer. This staking mechanism encourages active participation and fosters long-term involvement within the protocol. The staking process also grants DAO voting power, allowing participants to influence the protocol's direction. GEMSTON rewards can be held, transferred, or swapped, providing flexibility to participants. GEMSTON rewards are distributed from the protocol's engagement/reward allocation; the full emission and vesting schedule is documented at https://help.ston.fi/hc/en-us/sections/28370513164828-STON-tokenomics. The staking model aligns the interests of the community with the long-term success of the platform, rewarding those who commit their tokens to the ecosystem.

How to keep your STON Coin safe?

Keeping STON safe requires following standard cryptocurrency security practices. Store your STON tokens in a reputable wallet that supports the TON blockchain, preferably one with direct integration with STON.fi for seamless interaction. Use hardware wallets for long-term storage to protect against online threats. Enable two-factor authentication on any exchange accounts and never share your private keys or seed phrases with anyone. Be cautious of phishing attempts and verify URLs before connecting your wallet to any platform. Since STON.fi integrates directly with TON wallets, ensure your wallet software is up to date. Regularly review your security settings and consider using multiple wallets to diversify risk. Always double-check contract addresses and transaction details before confirming any swap or transfer.