DeDust - Exchange Review

DeDust is a decentralized AMM platform built natively on the TON blockchain, designed for efficient token swaps, liquidity provision, and user staking through its SCALE token.
Platform concept
Established in 2022 and originating from a Swiss-based team, DeDust aims to elevate DeFi on TON by combining low gas usage, scalability via sharding, and user-friendly interfaces accessible via web and Telegram Mini App. The protocol supports multi-hop swaps, stable pools, and promotes reward sharing through farming mechanisms.
Trading activity and liquidity
Recent data shows daily trading volume between roughly 800K to 1.1 million USD, with over 80 coins and more than 160 trading pairs supported. The most active pair is typically USDT-TON, accounting for a large share of volume. Total value locked across the protocol reaches several million USD, indicating substantial usage and real liquidity in the pools.
Token and governance
The native token SCALE is central to governance and staking rewards. Users earn rewards by contributing liquidity and staking, with fees redistributed via protocol mechanisms. SCALE’s market cap and circulating supply are actively tracked, and tokenomics aim to ensure participation incentives.
Security and audits
DeDust claims audit processes are underway with security partners, but public reports remain limited. The team has shared development roadmaps, yet contract governance - such as ownership renouncement - is not fully documented.
User feedback and ecosystem presence
User reviews on community platforms are scarce. Some early feedback praises the interface and swap speed, while others report delays in liquidity rewards or occasional bugs. The project maintains modest web traffic and a small but growing social following.
Pros and cons
Pros:
- Operates directly on the TON chain with scaling and joint fee-sharing features
- High daily volume and activity across many pools and tokens
- Staking and farming via SCALE token with incentive alignment
- Offers a cross-chain bridge engine and emerging multi-DEX routing capabilities
Cons:
- Limited transparency around audit completion and governance structure
- Ownership and contract control not fully clarified
- Modest community trust metrics and few third-party reviews
- Interface still evolving, with occasional user complaints about support delays
Final thoughts
DeDust has rapidly evolved into one of TON’s primary DeFi venues, showing serious volume, liquidity, and technical features. Yet as a still-maturing protocol, it lacks full clarity in governance, security audits, and user trust signals. For TON-native users seeking DeFi access, DeDust is a high-activity option. For others, careful vetting is recommended before committing funds.
Disclaimer
“This content is for informational purposes only and does not constitute financial advice. Please do your own research before investing.”