Create DEX On TON blockchain: A Beginners Guide

DEX on TON blockchain

Users can trade cryptocurrencies without middlemen, registration fees, or deposits because of DEX's blockchain-based operation and lack of a centralized money management system. For smooth order creation and cryptocurrency exchange, users must have a wallet on the same blockchain as DEX, such as TON Blockchain. 

Unlike centralized exchanges, where orders must wait for matching conditions to be completed, DEX executes orders automatically by sending them to liquidity pools.  It provides quick transaction execution by using liquidity pools for exchanges. Furthermore, DEX offers ways to supplement your income through platform staking, farming, and liquidity providing.

Purchase, trade, and exchange by using decentralized exchange apps which can help to trade coins directly on the TON Blockchain. Investigate platforms that enable token swapping, liquidity provision, and involvement in the decentralized finance (DeFi) ecosystem. 

Why TON is chosen for DEX Creation?

• A DEX on TON can function well even when there is a high volume of traffic because the network can handle thousands of transactions per second.
• Scalability, speed, and security are the main design goals of TON. 
• A DEX that has to efficiently manage a large volume of trades must be able to execute transactions in parallel, which is made possible by its sharding mechanism. 
• Compared to many other blockchains, this one has a far higher throughput because each shard can handle transactions on its own. 
• Cross-chain trade can be facilitated via a DEX based on TON as the architecture of TON facilitates interoperability with other blockchains.
• One big advantage of using TON, a DEX where users often exchange little amounts of assets, is that transaction fees are extremely low. 
• Reduced costs increase the platform's appeal to traders by enabling more economical trading, particularly for high-frequency and small-traders.
• Decentralization's guiding principles are upheld, and user confidence is increased as they maintain ownership over their assets without having to rely on the central authority. 
• The automation of intricate trading procedures, liquidity management, and governance systems is made possible by TON and incorporates unique trading logic, such Automated Market Makers (AMMs), lending protocols, or staking procedures.

TON Based DEX Development

TON Based DEX development is the way of building the decentralized Exchange on the TON blockchain where users can exchange cryptocurrencies and other digital assets with one another directly on a DEX platform without any central authority. Hivelance is the leading TON blockchain development company having years of experience in rendering the best solutions for your business upliftment. Our team of experts have created many DEX platforms for successful exchanges in a decentralized pattern.

How we create DEX on TON?

• Our team Sketchout the DEX model and choose the way of operation whether it is with AMM or order book.
• Implementation of smart contracts for enhancing security and for making better exchange performance.
• We provide an intuitive user interface so that consumers can monitor market data, link to their wallets, and make transactions. 
• Real-time updates on trade activities will be provided by the user-friendly interface. 
• We also make sure that strong encryption and secure smart contract code are used to safeguard user funds. 
• Launching the DEX on the mainnet and tracking its performance after testing it on a testnet is done by our team.

Significant Features of our DEX platform created over TON

• Our DEX platform created over TON will enhance interoperability by supporting a wide range of assets and high liquidity is enhanced.
• Consensus mechanism is incorporated to facilitate faster transactions and low transfer fees.
• High end security is enabled within the platform as advanced cryptographic protocols are brought in.
• Our TON-based DEX can give users a strong and flexible trading experience with features like cross-chain interoperability, strong smart contract support, and decentralized governance in the DeFi market.
• Advantages of Our DEX development over TON blockchain
• Our DEX platform can be accessed by anyone from anywhere across the globe.
• There is no need for any central authority and users can take control of their assets fully.
• Transactions happening on the blockchain will be recorded enabling utmost transparency.
• Provides the latest architecture that the future generation will require along with robust security.

Some DEX platforms over TON in the Markets as of 2024

• STON.fi
• MARS DEX
• Kibble exchange
• DeDust.io
• Megaton Finance
• Rainbow swap
• ION Finance
• Flex
• MyTONswap
• Tradoor

Why Choose Hivelance for TON based DEX Development?

From inception to implementation, we offer complete DEX development services. As a leading DEX development company, Hivelance will stand tall in offering world class solutions. Creating user interfaces that facilitate frictionless trade, as well as building smart contracts and architecture, are all included in this. Our high-performance, secure, and scalable DEX systems are designed to meet the demands of contemporary traders and fans for decentralized finance (DeFi) by utilizing TON's cutting-edge blockchain architecture. Their ability to properly utilize TON's architecture for DEX development is made possible by our in-depth understanding of it.