Home · Blog · DeFi & Trading · · Updated Dec 17, 2025 · 3 min read
Introducing TONSWAP: The DEX for Mass Adoption on TON
TONSWAP brings DeFi to Telegram's 900M users with concentrated liquidity, a token launchpad, and a bridge to SORA. Here's what you need to know.
DeFi has a distribution problem. Most people don’t have browser wallets, don’t understand gas fees, and won’t visit a DEX website.
TONSWAP solves this by meeting users where they already are: Telegram.
Built on TON (The Open Network), TONSWAP is a decentralized exchange accessible directly through Telegram’s mini-app interface. No extensions, no complexity — just open a chat and trade.
This is an introduction to what TONSWAP is building. For the complete technical breakdown, see our TONSWAP Complete Guide.
What Is TONSWAP?
TONSWAP is a DeFi super-app for Telegram combining:
- Concentrated Liquidity DEX (CLMM) — More capital-efficient than traditional AMMs
- Token Launchpad — Create and launch tokens directly in Telegram
- Perpetual Futures — Up to 100× leverage, fully on-chain
- LP Protection — Insurance against prolonged impermanent loss
All accessible through a Telegram mini-app interface.
Why TON? The Open Network offers sub-second finality, fees under $0.01, and native Telegram integration. With 900M+ Telegram users, TON is positioned to onboard the next wave of DeFi users.
The SORA Connection
TONSWAP isn’t just another TON DEX — it’s integrated with the SORA ecosystem.
Bridge to SORA v3: A trust-minimized bridge connects TONSWAP to SORA’s Hub Chain, enabling:
- Access to SORA assets (XOR, KUSD)
- Shared liquidity with Polkaswap
- Cross-chain DeFi without leaving Telegram
Economic Link: 10% of TONSWAP’s trading fee revenue is allocated to buy back and burn XOR, directly connecting TON trading activity to the SORA economy. More volume on TONSWAP = more XOR burned.
This creates a symbiotic relationship: TONSWAP gains access to SORA’s liquidity and stablecoins, while SORA gains a distribution channel to Telegram’s massive user base.
Current Status
| Milestone | Status |
|---|---|
| Concept announced | ✅ 2024 |
| MeowFi pre-launch game | ✅ Live — play now |
| Public testnet | 🔜 Q3-Q4 2025 |
| Mainnet launch | 🔜 Expected Q1-Q2 2026 |
| SORA bridge (Phase 1) | 🔄 Testing |
Pre-Launch: TONSWAP is not yet live on mainnet. You can earn points by playing MeowFi while waiting for launch.
How TONSWAP Compares
TON already has DEXs (STON.fi, DeDust). What makes TONSWAP different?
| Feature | STON.fi / DeDust | TONSWAP |
|---|---|---|
| AMM Type | Standard | Concentrated Liquidity (CLMM) |
| Launchpad | No | Yes (integrated) |
| Derivatives | No | Perps + Options |
| LP Protection | No | Parisian-style insurance |
| Cross-chain | Limited | SORA bridge |
| Risk Engine | No | Fully on-chain |
TONSWAP’s thesis: existing TON DEXs optimize for traders. TONSWAP optimizes for everyone — including project launchers, LPs seeking protection, and users wanting derivatives.
Get Started
Now (pre-launch):
- Play MeowFi: @tonswap_org_bot
- Join the community: @tonswap_org
- Read the complete guide
At launch:
- Open TONSWAP in Telegram
- Connect your TON wallet
- Swap, provide liquidity, or launch tokens
Closing Thoughts
TONSWAP represents SORA’s bet on Telegram as DeFi’s next frontier. By combining concentrated liquidity, integrated launchpad, and cross-chain connectivity with SORA, it’s building infrastructure for mass adoption.
Whether it succeeds depends on execution and timing. But the thesis — DeFi should be as easy as messaging — is compelling.
Deep dive: TONSWAP: Telegram DeFi Hub on TON (Complete Guide)