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TON DeFi Explodes as STON.fi Volume Surges 26x After Network Upgrades

Published by
Nidhi Kolhapur

DeFi activity on TON is accelerating rapidly, with DefiLlama data showing Total Value Locked jumping 20% in 24 hours. The biggest catalyst was STON.fi, which processed $40 million in daily swap volume after recent network upgrades a 26x surge from last week’s average. On-chain activity also intensified, averaging one transaction every 0.73 seconds. The momentum supports the “MTONGA” scaling vision backed by Pavel Durov, signaling growing utility, liquidity, and potential institutional attention for the TON ecosystem.

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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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