STON.fi Integrates Ethena’s USDe to Expand Reward Opportunities on TON
Road Town, British Virgin Islands, May 30th, 2025, Chainwire
STON.fi announced that USDe, a synthetic dollar developed by Ethena Labs, is now available to users via its dApp. As part of TON’s growing DeFi ecosystem, users can easily swap, stake, and provide liquidity for USDe directly through STON.fi — without the need for bridges or third-party tools.
This expansion reflects the broader initiative to bring USDe onto the TON blockchain, providing users with access to sustainable, non-speculative reward opportunities. Powered by Ethena’s delta-neutral strategy — which balances long and short positions to maintain dollar stability — USDe is fully collateralized and backed by crypto assets like ETH and liquid staking tokens.
The deployment of USDe on TON — jointly announced by Ethena and TON Foundation — represents a significant leap forward in DeFi adoption. With direct integration inside wallets in Telegram and support across the TON ecosystem, this initiative aims to make synthetic dollars an accessible option for users worldwide. STON.fi powers that experience, making it easy for users to access USDe for swapping, staking, and providing liquidity — all without leaving the TON Network.
“We’ve seen increasing interest from TON users in finding stable, transparent ways to on-chain reward strategies,” said Slavik Baranov, CEO of STON.fi Dev. “With USDe, the ecosystem is introduced with more than just a new on-chain asset — it’s an integration of a reward-bearing asset that helps users manage their holdings without giving up control or flexibility. It’s a meaningful step forward for DeFi on TON.”
Through STON.fi, DeFi users can seamlessly swap TON-based USD₮ for USDe in just a few clicks. From there, USDe can be flexibly allocated between staking and liquidity provision. This user-friendly flow lowers the technical barriers for anyone looking to on-chain reward strategies within the TON ecosystem.
To further incentivize participation, Ethena is working with STON.fi in creating liquidity pools with USDe, and will reward users specifically for participating in these pools. By staking or providing USDe liquidity through STON.fi, users may be eligible to automatically collect Ethena rewards, which may unlock bonus rewards at the end of the campaign — creating additional value for active participants.
The launch of USDe via STON.fi marks another step in strengthening decentralized finance on TON — bringing an innovative, reward-bearing synthetic dollar closer to everyday users and making DeFi more accessible, transparent, and rewarding.
To learn more about how to get USDe on STON.fi, users can visit the official website: https://ethena.ston.fi
About STON.fi
STON.fi is the developer of the leading AMM protocol on The Open Network (TON), which offers a secure, fast, and user-friendly way for swapping any TON-based token. Protocol users have access to token swaps, yield farming, liquidity provision, and staking. With over $5.8 billion in total trading volume and more than 20 million operations since inception, STON.fi dominates the DeFi ecosystem on TON in terms of available tokens, total value locked (TVL), and active users. Backed by top investors such as CoinFund, Delphi Ventures, Karatage, The Open Platform, TON Ventures, and others, STON.fi continues to push the boundaries of DeFi with innovations like Omniston, a decentralized liquidity aggregation protocol.
About Ethena
Ethena is the protocol behind USDe, the third-largest and fastest growing USD-denominated crypto asset in history. Ethena has over $6 billion in TVL today across one of the largest sets of users from a DeFi protocol, alongside integrations with some of the largest centralized exchanges and major DeFi applications. Ethena Labs, a contributor to the protocol, is backed by Fidelity, Franklin Templeton, Dragonfly, Binance Labs, Bybit and OKX among others.
