STON.fi, one of the leading AMM protocols for Open Networks (TON), announced that TON native representations of Bitcoin (BTC) and Ethereum (ETH) are now available within the ecosystem in a completely non-custodial DeFi format.
This integration will give TON users direct access to two of the largest cryptoassets, allowing them to exchange cryptoassets and provide liquidity while maintaining full control of their funds.
BTC and ETH are represented on TON as wrapped assets issued in TON native format, each fully backed 1:1 by the underlying tokens and managed through smart contracts. Ethereum is available as wrapped ETH (WETH), while Bitcoin can be accessed via cbBTC. cbBTC is a Bitcoin-backed token issued by Coinbase and fully collateralized with BTC on a 1:1 basis. This structure allows both assets to be used across decentralized applications within the TON ecosystem without directly interacting with the native blockchain.
Through STON.fi, users can deploy WETH and cbBTC across TON DeFi, including swaps and liquidity offerings via WETH/USDt and cbBTC/USDt pools. At the same time, Omniston, STON.fi’s liquidity aggregation protocol, enables swaps from TON native tokens to WETH and cbBTC, routing liquidity throughout the ecosystem. Applications integrated with Omniston will have instant access to WETH and cbBTC liquidity, enabling swaps between hundreds of TON-based dApps without additional integrations, expanding the range of DeFi strategies available within the ecosystem.
“Introducing BTC and ETH to TON DeFi means expanding not only the range of assets, but also their real utility,” said Slavik Baranov, CEO of STON.fi Dev. “With this launch, users will be able to actively use their Bitcoin and Ethereum within the TON ecosystem rather than passively holding it. By making these assets available for use in TON’s native DeFi, we are strengthening the overall depth of the ecosystem.”
As TON continues to develop as a blockchain tightly integrated with Telegram (a messenger used by hundreds of millions of people every day), direct access to key crypto assets within Telegram-native and TON-based applications has become a natural part of the ecosystem’s evolution. Bitcoin and Ethereum are at the core of the global crypto economy, and with TON availability, users can access these assets directly within the apps they already use, through a decentralized and permissionless infrastructure, without leaving the ecosystem.
To learn more about how WETH and cbBTC integration works on STON.fi, please visit https://ston.fi/eth-ton and https://ston.fi/btc-ton.
About STON.fi
STON.fi is one of the leading non-custodial swap dApps and swap-enabled protocol suites within the Open Network (TON) ecosystem, known for its deep liquidity, broad token coverage, Total Value Lock (TVL) and trading volume advantages. With over $6.8 billion in total trading volume and over 31 million operations, STON.fi dominates the TON DeFi ecosystem in terms of token coverage, liquidity depth, and active user participation. Backed by top investors such as CoinFund, Delphi Ventures, The Open Platform, Karatege, and TON Ventures, STON.fi continues to advance decentralized finance through open development and innovations such as Omniston, a decentralized liquidity aggregation protocol.
