DEXes · Review

Active

DeDust Review 2026: A TON-Native DEX and Liquidity Hub

DeDust is a decentralized exchange and liquidity pool platform built on TON, with about $4.2 million in TVL and its own DUST token. It suits TON users who want to swap or provide liquidity, but no audits are listed in the data reviewed.

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.0/10

Mixed

Visit DeDust

Our verdict on DeDust

6.0/10

DeDust is a reasonable option for people already in the TON ecosystem who want to swap tokens or provide liquidity. Its main strengths are its focus on TON and a multi-year presence with a few million dollars in TVL. The main caveat is that no audits are listed and fee details are not published publicly reviewed, so start small and verify the contracts and fees yourself.

Score breakdown

How DeDust scores

Security: 4.5/10
Ease of use: n/a
Fees: n/a
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 DeDust?

DeDust is a decentralized exchange built on TON, The Open Network. DefiLlama describes it as a decentralized exchange liquidity pool on TON, and its homepage presents it as a place to swap TON for tokens, trade with low fees and provide liquidity.

DefiLlama has tracked the project since March 2023. It shows about $4.2 million in total value locked, a 3.3% drop over seven days, and a native token, DUST. No audits are listed.

Public sources are brief, so this review covers the basics: what the product does, where it runs and what is unknown. Details such as fee tiers, pool types, team and governance are not public reviewed.

How DeDust works

DeDust is a decentralized exchange, which means trades happen against pools of tokens held in smart contracts rather than an order book run by a company. A user swaps one token for another, and the pool's price adjusts based on the trade.

Liquidity providers deposit tokens into these pools and earn a share of the fees generated by trading. The homepage says users can provide liquidity at the best APR on TON, though public sources reviewed give no figures to check that claim.

Because it is built on TON, transactions are signed with a TON wallet and settled on that chain.

5 features

Key features

TON token swaps

Swap TON for other tokens directly from a wallet, without handing assets to a centralized custodian.

Liquidity provision

Users can deposit assets into pools to earn a share of trading activity. The homepage advertises a high APR but gives no figures.

Native TON focus

The platform is built for The Open Network and is listed on DefiLlama only on TON.

Low-fee positioning

The homepage markets low trading fees, though specific rates are not published publicly reviewed.

DUST token

DUST is the project's token as listed on DefiLlama.

Pros and cons

What we like

Purpose-built DEX for the TON ecosystem, with swaps and liquidity pools in one place.
Tracked on DefiLlama since March 2023, giving it a multi-year presence.
About $4.2 million in TVL shows meaningful liquidity committed.
Has its own DUST token as listed on DefiLlama.
Homepage emphasizes low fees and liquidity provider yield.

Watch out for

No audits are listed on DefiLlama, so smart-contract assurance cannot be confirmed.
TVL of about $4.2 million is modest and fell 3.3% over seven days, which may mean thinner liquidity on less popular pairs.
Fee levels, pool types and routing details are not published in the material reviewed.
Limited to the TON ecosystem, so it is no use for assets on other chains.
Liquidity provision carries impermanent loss and token price risk, and the 'best APR' claim is marketing language that cannot be verified here.

DeDust fees

DeDust's homepage says users can trade with low fees, but public sources reviewed do not give specific swap fee percentages, pool fee tiers or protocol fee splits.

Users would see the applicable fee and expected price impact in the swap interface before confirming. TON network transaction fees also apply on top of any pool fee.

Is DeDust safe?

DefiLlama lists no audits for DeDust, and public sources reviewed do not mention security incidents, insurance or a bug bounty. Treat smart-contract risk as real and check the project's documentation for audit reports.

As a DEX, it is non-custodial in principle: you keep your assets in your own wallet until you swap or deposit into a pool. Liquidity providers also face impermanent loss and price risk, and users should confirm they are on the official site before connecting a wallet.

6 steps

How to get started with DeDust

1
Set up a TON-compatible wallet and keep a small amount of TON for network fees.
2
Open the official DeDust website and check the address carefully to avoid copycat sites.
3
Connect your wallet and review the swap or pool interface.
4
For a swap, choose the tokens, check the quoted fee and price impact, then confirm.
5
For liquidity, review the pool, its advertised APR and impermanent loss risk before depositing.
6
Start with a small amount until you understand how the interface and fees work.

Open DeDust

Who DeDust is for

DeDust suits TON wallet users who want to trade TON-based tokens or earn a share of trading fees by providing liquidity. It is less useful for people who need multi-chain access, and liquidity providers should be comfortable with impermanent loss and unaudited-contract risk.

DeDust FAQs

What is DeDust?

DeDust is a decentralized exchange on the TON blockchain. Users can swap TON for other tokens and provide liquidity to pools. It has been listed on DefiLlama since March 2023.

Which blockchain does DeDust use?

DeDust runs on TON, also known as The Open Network. It is not listed on any other chain in the data reviewed.

Does DeDust have a token?

Yes. DefiLlama lists DUST as the project's token. Public sources reviewed do not describe its exact utility or supply, so check the project's own documentation for details.

Is DeDust audited?

DefiLlama lists no audits for DeDust. That does not prove the contracts are unsafe, but readers should look for audit reports from the project and size their exposure accordingly.

What are DeDust's fees?

The homepage describes low trading fees and a high APR for liquidity providers, but exact fee tiers are not given in the material reviewed. Fees and pool APRs should be visible in the app before you confirm a swap or deposit.

Is providing liquidity on DeDust risky?

Providing liquidity exposes you to impermanent loss, token price swings and smart-contract risk. Advertised APR can change quickly with trading volume and incentives.

Compare

DeDust alternatives

All alternatives

STON.fi

DEXes

STON.fi is a decentralized automated market maker on the TON blockchain for swapping tokens, providing liquidity and staking.

TVL $20.8M−5.3%TON

Uniswap V3

DEXes

Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.

TVL $1.51B−3.7%Ethereum · Base · Arbitrum +38

Uniswap V4

DEXes

Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.

TVL $1.14B−2.9%Ethereum · Robinhood Chain · Base +19

Uniswap V2

DEXes

Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.

TVL $864M−4.1%Ethereum · Base · Polygon +14

PancakeSwap AMM V3

DEXes

PancakeSwap AMM V3 is a multichain decentralized exchange using concentrated liquidity pools, for traders and liquidity providers, led by BNB Chain.

TVL $694M−2.5%BNB Chain · Ethereum · Base +8

Project X

DEXes

Project X is a DEX on Hyperliquid offering token swaps and liquidity provision with advertised 0% fees, aimed at DeFi users in that ecosystem.

TVL $34.0M−6.4%Hyperliquid L1

Same category

More DEXes

DEXes rankings

Curve

DEXes

Curve is a decentralized exchange on Ethereum built for low-slippage swaps of stablecoins and similar assets, with CRV governance and a crvUSD stablecoin.

Ethereum