STON
STON
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
STON is the governance and utility token of STON.fi, an automated market maker (AMM) DEX on The Open Network (TON). The project demonstrates strong security practices with a public security review by Trail of Bits (January 2025), an active HackenProof bug bounty program covering core v2 contracts, and continuous monitoring via CertiK Skynet, with no recorded exploits or legal proceedings. Active development is evident through disciplined monorepo releases and SDK updates. Community governance is functional with an active DAO structure and approximately 11,590 unique voters. However, the asset faces headwinds from anonymous core team members, centralized development management under STON.fi Development LLC, a 30% supply overhang, and relatively thin secondary market liquidity across limited venues alongside negative annual price performance. No qualifying red-flag events were established.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About STON (STON)
STON (STON) is the native utility and governance token of STON.fi, an automated market maker (AMM) decentralized exchange built on The Open Network (TON) blockchain. The platform facilitates token swaps and liquidity provision on TON, featuring integration with the Telegram ecosystem. The STON token has a hard-capped maximum supply of 100 million units and includes a deflationary burn mechanism.
The token functions as a core component of the protocol's decentralized governance framework. Staking STON provides voting power in the STON.fi DAO—which was allocated 50% of the initial token supply—and distributes non-transferable governance NFTs known as GEMSTON or ARKENSTON. On the security front, STON.fi's v2 AMM DEX contracts underwent a public security review by Trail of Bits in January 2025, and its Omniston escrow contracts were audited by the TonTech team. The protocol also maintains continuous monitoring through CertiK Skynet and a public bug bounty program hosted on HackenProof.
Several structural and market risks are associated with the project. Core development remains concentrated under STON.fi Development LLC, and official documentation does not disclose the identities of founders, team members, or advisors. The token distribution includes an insider concentration of approximately 37% to 43.5% across pre-seed, team, and treasury allocations, alongside an estimated 30% supply overhang. Furthermore, secondary market liquidity for the token is limited across few exchange venues, accompanied by negative one-year price performance.