STON.fi is the clear market leader on TON with strong institutional backing, but its fate is inseparable from the Telegram-TON ecosystem. The Omniston cross-chain vision is ambitious, and the Trail of Bits audit provides baseline security confidence. However, the concentrated ecosystem dependency and significant unreleased token supply create material risks.
Top Risks
1
STON.fi is deeply tied to the TON blockchain ecosystem, which is uniquely dependent on Telegram's continued integration and support — regulatory action against Telegram could cascade to all TON DeFi.
2
Only 37% of STON tokens are currently circulating from a 100M supply. Future token unlocks for team and investors could create substantial sell pressure on relatively thin TON DEX liquidity.
3
The Omniston cross-chain aggregation protocol promises bridgeless swaps across multiple blockchains, but this novel architecture introduces untested cross-chain settlement risk.
Risk Breakdown
Frequently Asked Questions
Is STON.fi safe to use?
STON.fi receives a C+ risk grade (38/100) from Hindenrank, where lower scores indicate lower risk. STON.fi is the clear market leader on TON with strong institutional backing, but its fate is inseparable from the Telegram-TON ecosystem. The Omniston cross-chain vision is ambitious, and the Trail of Bits audit provides baseline security confidence. However, the concentrated ecosystem dependency and significant unreleased token supply create material risks. STON.fi is the leading decentralized exchange on the TON blockchain, deeply integrated with the Telegram ecosystem. Users can swap TON-based tokens, provide liquidity to earn trading fees, and farm STON token rewards. With over $6 billion in all-time trading volume and 28 million transactions, it dominates TON DeFi. The protocol raised $9.5M in Series A funding from Ribbit Capital and CoinFund in July 2025, and is building Omniston, a cross-chain aggregation protocol for bridgeless swaps. Smart contracts are audited by Trail of Bits with active bug bounty programs through Certik and HackenProof.
What are the main risks of using STON.fi?
The key risks identified for STON.fi are: (1) STON.fi is deeply dependent on the Telegram-TON ecosystem — regulatory action against Telegram could disrupt access to the entire platform. (2) 63% of STON tokens are still locked and will vest to early investors, creating future sell pressure risk. (3) TON blockchain's unique architecture means security tooling and auditing practices are less mature than for EVM chains.
What is STON.fi's risk score breakdown?
STON.fi scores 38/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 6/20, Oracle Surface: 2/10, Documentation Gaps: 3/10, Track Record: 10/15, Scale Exposure: 5/10, Regulatory Risk: 2/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.
How does STON.fi compare to other DEX protocols?
Among 111 rated DEX protocols on Hindenrank, STON.fi ranks #76 by safety (lowest risk score = safest). Its 38/100 risk score and C+ grade place it among the riskier DEX protocols.
Has STON.fi ever been hacked or exploited?
STON.fi scores 10/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.