🌐 2025 in Review: DeFi on TON

At the start of the year, TON DeFi was a handful of DEXs and early stablecoin experiments.

By December, it looked very different:
▪️Ethena brought yield-bearing synthetic dollars (USDe, tsUSDe)
▪️~60 tokenized U.S. equities went live via @Wallet, xStocks, and Kraken
▪️ TON Wallet launched in the U.S., adding swaps and payments for millions more users

Together, these pieces expanded DeFi on TON, bringing financial tools inside the app where people already spend their time.

Read the full article for more details.

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