DEXes · Review
ActiveBidask Review 2026: A Small DLMM DEX Built for TON
Bidask is a decentralized exchange on TON built around a DLMM (dynamic liquidity market maker) design. It is early-stage and very small by TVL, so treat the audit and liquidity claims with caution.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.8/10
Mixed
Our verdict on Bidask
5.8/10Bidask suits TON users who want to try a DLMM-style DEX and are comfortable with an early-stage protocol. Its strengths are a native TON design, support for the main TON wallets and a stated 0.25% swap fee. The main caveat is size and trust: TVL is only about $38K, DefiLlama lists no audits, and the homepage audit claim is unsupported by a named auditor. Use small amounts and read the documentation first.
Score breakdown
How Bidask scores
- Security
- 4.5/10
- Ease of use
- 7.5/10
- Fees
- 6.5/10
- Features
- 6.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Bidask?
Bidask is a decentralized exchange on the TON blockchain. DefiLlama describes it as the first DLMM DEX architected natively for TON, and files it under DEXs. It has been listed since October 2025 and runs only on TON.
The homepage promises fast trades, low fees, deep liquidity and an intuitive interface. It lists support for Tonkeeper, TON Hub, Telegram Wallet, SafePal and MyTonWallet, and points to documentation, guides, a blog and community channels on Telegram, Discord and X.
The numbers are modest. DefiLlama shows about $38,131 in TVL, down 1.5% over the past week, no audits listed and no native token. The homepage says its contracts passed a full security audit but names no auditor. Bidask looks like an early, small protocol that suits cautious experimentation rather than large trades.
How Bidask works
Bidask is a decentralized exchange, so trades happen against liquidity pools held in smart contracts rather than an order book run by a company. Users connect a wallet, pick two tokens and confirm the swap, and the contract sends the output tokens to the wallet.
DefiLlama calls it a DLMM DEX. In this design, liquidity providers generally spread liquidity across discrete price bins instead of the whole price curve, which can concentrate liquidity near the current price. The homepage itself only refers to AMM technology and an innovative pool formation mechanism, so the exact mechanics are best checked in the documentation.
Liquidity providers deposit token pairs and earn a share of the trading fees. The homepage also mentions additional token rewards. Providers carry risks such as impermanent loss and contract bugs.
6 features
Key features
01
DLMM design on TON
DefiLlama describes Bidask as a DLMM DEX architected natively for TON. DLMM designs generally let liquidity providers place liquidity in specific price ranges or bins.
02
Non-custodial token swaps
Users connect a TON wallet, choose tokens, enter an amount and confirm in the wallet. Funds stay in the user's wallet until the swap executes.
03
Liquidity pools
Users can deposit tokens into pools to earn a share of trading fees. The homepage also mentions additional token rewards.
04
TON wallet support
The homepage lists Tonkeeper, TON Hub, Telegram Wallet, SafePal and MyTonWallet.
05
Published swap fee
The stated trading fee is 0.25% per swap, plus a TON network fee usually under 0.01 TON.
06
Docs and community channels
The site links to documentation, a blog, a glossary, guides, a token list, an FAQ, and Telegram, Discord and X channels.
Pros and cons
What we like
- Built natively for TON, with support for the main TON wallets
- Non-custodial: trades are made from your own wallet
- A clear trading fee is published: 0.25% plus a small TON network fee
- Offers liquidity pools for users who want to earn trading fees
- Documentation, guides and community channels are available
Watch out for
- TVL is only about $38,000 per DefiLlama, so liquidity is very thin and slippage can be high on larger trades
- DefiLlama lists no audits, and the site's audit claim names no auditor and gives no report
- Listed since October 2025, so the track record is short
- The team is described only generically, with no named members
- Only one chain (TON) is supported, so it is no use for assets elsewhere
- Homepage claims such as near-zero fees and deep liquidity are marketing statements, not verified figures
Bidask fees
The homepage states a trading fee of 0.25% of the transaction amount. It also says a small TON network fee applies, usually under 0.01 TON. The marketing copy says "near-zero fees", which does not square neatly with a 0.25% swap fee, so rely on the stated figure.
The project does not publish a separate fee schedule for liquidity providers or any protocol fee split. Pool-level fees and rewards should be visible in the Liquidity Pools section of the app and in the documentation.
Is Bidask safe?
Bidask is non-custodial, so users keep their tokens in their own wallet until a swap executes. The main risks are smart-contract bugs, thin liquidity and price slippage.
The homepage says the contracts passed a full independent audit, but DefiLlama lists zero audits and public sources name no auditor or report. The team is described only as experienced developers, with no named people. With a short track record and low TVL, size positions accordingly and verify any audit claim yourself. No incidents are mentioned publicly.
6 steps
How to get started with Bidask
- 1
Install a supported TON wallet such as Tonkeeper, MyTonWallet or Telegram Wallet, and back up the recovery phrase offline.
- 2
Fund the wallet with TON for gas and the token you want to trade.
- 3
Open the Bidask site and connect the wallet.
- 4
Select the tokens to swap, enter the amount and review the 0.25% fee and slippage.
- 5
Confirm the transaction in your wallet and check that it completes.
- 6
If you want to provide liquidity, read the documentation on pools and impermanent loss first, then start with a small amount.
Who Bidask is for
Bidask is for TON users who want to swap tokens or experiment with liquidity provision on a newer, small DEX. It is a poor fit for large trades that need deep liquidity, or for users who require verified third-party audits before using a protocol.
Bidask FAQs
What is Bidask?
Bidask is a decentralized exchange on the TON blockchain. DefiLlama describes it as the first DLMM DEX built natively for TON. Users swap tokens and supply liquidity to pools from their own wallets.
What fees does Bidask charge?
The homepage says the trading fee is 0.25% of the transaction amount, plus a small TON network fee that it says is usually under 0.01 TON. Check the swap screen for the exact cost before you confirm.
Which wallets work with Bidask?
The homepage lists Tonkeeper, TON Hub, Telegram Wallet, SafePal and MyTonWallet. It says popular TON wallets are supported, so other compatible wallets may also work.
Is Bidask audited?
The site says its contracts passed a full independent security audit. DefiLlama lists no audits for the protocol, and public sources name no auditor or report. Ask for the report in the documentation or community channels before committing significant funds.
Can I earn by providing liquidity?
You deposit tokens into a liquidity pool and receive a share of trading fees. The homepage also mentions additional token rewards, but Bidask has no token listed on DefiLlama. Liquidity providers face risks such as impermanent loss and smart-contract bugs.
How big is Bidask?
DefiLlama shows about $38,131 in TVL, down 1.5% over seven days. That is very small, so expect shallow liquidity and treat the exchange as an early-stage project.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.