Price
$4.64
24h% change
19.0%
Volume (24h)
$1.083M
Market Cap
$7.836M
The STON token serves as a utility token on the TON Blockchain, integral to the core mechanics of the protocol. It empowers holders to engage in protocol governance and vote through long-term staking.
STON.fi revolutionizes the DeFi ecosystem by tackling key interoperability challenges, enhancing security, and minimizing transactional risks and costs. Traditionally, transferring assets across various blockchain networks presents considerable challenges, including financial losses due to dependence on third-party custodians, delays, security vulnerabilities, and complex user experiences.
STON.fi offers a Request For Quote (RFQ)-based cross-chain exchange, utilizing Hashed Timelock Contracts (HTLC) to execute cross-chain swaps atomically. This method eliminates the need for additional trusted entities, providing deep liquidity and price stability typical of RFQ-based exchanges, coupled with the high security standard of intrachain DEXs. As the protocol operates without trust assumptions from participants, it is defined as a Zero-Trust Cross-Chain DEX.
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Ston.fi’s historic highest price is $70.01, which was recorded on 4th of June 2024. Currently, Ston.fi’s price is %93.4 Lower than its historic high.
Ston.fi’s historic lowest price is $1.01, which was recorded on 1st of January 1970. Currently, Ston.fi’s price is %357.5 Higher than its historic low.
Let's take a look at the important factors that impact Ston.fi's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.