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Storm Trade Review 2026: Telegram Perps on TON

Storm Trade is a perpetual futures DEX on TON that lets users trade crypto, stocks, forex and commodities with leverage from Telegram or a web app. It offers a self-custodial approach, but its TVL is modest and the audit status is unclear.

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.5/10

Good

Visit Storm Trade

Our verdict on Storm Trade

6.5/10

Storm Trade suits TON users who want leveraged perpetual trading, including stocks, forex and gold, without leaving Telegram. Its main strengths are the Telegram-native interface, self-custodial design and wide market range. The main caveat is size and transparency: TVL is small, DefiLlama lists no audits, and fee and leverage terms are not. Treat it as a high-risk product, start small, and read the audit and docs first.

Score breakdown

How Storm Trade scores

Security: 5.5/10
Ease of use: 7.5/10
Fees: n/a
Features: n/a

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 Storm Trade?

Storm Trade is a decentralized perpetual futures exchange on the TON blockchain. DefiLlama lists it under derivatives and describes it as the first DEX on TON for trading crypto, stocks, forex and commodities with leverage, through both a web app and Telegram. It has been tracked since December 2023.

The main hook is trading inside Telegram. Users can open positions through a bot or Telegram Web App, using either the Telegram @wallet bot or a non-custodial wallet such as Tonkeeper. Markets listed on the homepage include BTC, ETH, GRAM, XRP, DOGE, EUR/USD and gold.

DefiLlama shows TVL of roughly $3.8 million, down about 3.2% over seven days, and no audits listed. The homepage links to a smart-contract audit, but its details are not public. The protocol has its own token, STORM, used for staking, voting and fee discounts.

How Storm Trade works

Storm Trade is a perpetual futures exchange. A perpetual future is a contract that tracks an asset's price without an expiry date, and traders can use leverage to take a larger position than their margin. Profit or loss depends on price moves, and a position can be liquidated if losses approach the margin posted.

Per the homepage, the protocol uses isolated margin, so each position carries its own collateral. Traders post margin in assets such as USDT or GRAM from a non-custodial wallet or the Telegram @wallet bot, rather than depositing with a central operator. Liquidity providers supply USDT, GRAM or NOT to vaults that back trading and earn staking rewards plus reward points.

Trading happens through a web app or a Telegram bot built on Telegram Web App. Fees go to the protocol, and the homepage says 30% of trading fees are shared with STORM stakers. Prices for non-crypto markets rely on external price data, whose details are not provided publicly.

7 features

Key features

Leveraged perpetual futures

Trade perpetual futures with leverage on assets such as BTC, ETH, GRAM, XRP and DOGE, as listed on the homepage.

Real-world asset markets

The platform lists markets for stocks, forex pairs such as EUR/USD, and commodities such as gold (XAU/USD) alongside crypto.

Telegram trading bot

Positions can be opened through a Telegram bot or Telegram Web App, with price updates and one-click position opening described on the homepage.

Isolated margin

Each position's loss is capped to its own margin, which the homepage describes as never losing more than you can afford to lose.

Liquidity vaults

Users can provide USDT, GRAM or NOT liquidity and earn staking rewards plus reward points (RP) that can be exchanged for STORM tokens.

STORM staking

Staking STORM earns a stated 30% share of protocol trading fees, along with voting rights and fee discounts.

Gamification and referrals

The site mentions NFTs, avatars, trading tournaments and prizes, plus a 10% referral share on friends' income.

Pros and cons

What we like

Perpetual futures on crypto plus stocks, forex and commodities in one place
Trading through Telegram lowers the barrier for TON users
Self-custodial design: homepage says there are no deposits and funds stay in the user's wallet
Isolated margin limits loss on each position to its own collateral
STORM staking shares 30% of trading fees with stakers, per the homepage
Documentation, academy and an audit link are available from the site

Watch out for

DefiLlama lists no audits for the protocol, although the homepage links to an audit of the smart contracts that we could not verify here
TVL of about $3.8 million is small compared with large perpetual DEXs, which may mean thinner liquidity
Homepage activity counters show very few traders and trades, so the figures may be stale or reflect low usage
Leveraged perpetual trading can lose money quickly, and gamification features may encourage overtrading
Fee rates, leverage limits and funding terms are not stated
Depends on the TON ecosystem and Telegram, which limits where and how it can be used

Storm Trade fees

Trading fee rates, funding rates and liquidation fees are not given publicly available for this review. Users should check the trading interface and the official docs before opening a position.

The homepage says STORM stakers receive 30% of trading fees collected by the protocol, and that STORM staking offers fee discounts. Referrers can get 10% of friends' income. Advertised APRs (for example USDT 12.21%, GRAM 29.81%, up to 82.13% for STORM staking) are variable and not guaranteed.

Is Storm Trade safe?

Storm Trade describes itself as self-custodial: funds stay in the Telegram @wallet bot or a non-custodial wallet, and the homepage says there are no deposits. Even so, positions and liquidity vaults rely on smart contracts, so bugs, oracle problems or liquidity shortfalls remain possible. DefiLlama lists zero audits, while the homepage links to an audit of the smart contracts. Readers should read that report themselves.

No hacks or incidents appear, and no regulatory status is stated. Leveraged derivatives are restricted in some jurisdictions, so check local rules. Advertised yields and reward points are variable, and the value of RP converting into STORM depends on the token.

6 steps

How to get started with Storm Trade

1
Check that leveraged derivatives trading is legal and suitable for you where you live.
2
Set up a TON-compatible wallet such as Tonkeeper, or use the Telegram @wallet bot.
3
Open the Storm Trade web app or the Telegram bot and connect your wallet.
4
Fund the wallet with a supported margin asset such as USDT or GRAM.
5
Pick a market and open a small position with low leverage to learn how margin and liquidation work.
6
Review the audit and documentation links on the official site before committing larger amounts.

Open Storm Trade

Who Storm Trade is for

Storm Trade is for experienced or risk-aware traders already in the TON and Telegram ecosystem who want leveraged exposure to crypto and traditional assets. It is not suited to beginners unfamiliar with leverage, liquidation and margin, or to anyone who cannot afford to lose their stake.

Storm Trade FAQs

What is Storm Trade?

Storm Trade is a decentralized perpetual futures exchange on the TON blockchain. It supports leveraged trading of crypto, stocks, forex and commodities through a web app and a Telegram bot.

Is Storm Trade self-custodial?

The homepage says users do not deposit funds with the platform and that funds stay in the Telegram @wallet bot or a non-custodial wallet. Users can connect @wallet or Tonkeeper. Smart-contract risk still applies.

Which blockchain and assets does Storm Trade use?

Storm Trade runs on TON, according to DefiLlama. The homepage lists GRAM and USDT margining, plus liquidity provision in USDT, GRAM and NOT.

What does the STORM token do?

STORM is the protocol token. The homepage says staking it earns a share of protocol revenue, specifically 30% of trading fees, and gives voting rights and fee discounts. It also mentions regular buybacks. Advertised APRs change over time.

Is trading on Storm Trade risky?

Leveraged perpetual trading is high risk and can lead to losses. The homepage describes isolated margin, meaning a position's loss is limited to the margin put into it. Only trade with money you can afford to lose and check local rules on derivatives.

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