what's TONCO?

TONCO is a decentralized exchange (DEX) built on The Open Network (TON) blockchain, specializing in concentrated liquidity automated market maker (CLAMM) functionality. It enables users to swap cryptocurrencies, provide liquidity to pools for earning fees, and participate in farming opportunities to earn rewards from integrated tokens. As the first CLAMM on TON, TONCO optimizes capital efficiency by allowing liquidity providers to concentrate their assets within specific price ranges, reducing impermanent loss and maximizing returns compared to traditional uniform liquidity models. The protocol supports features like automated liquidity management, token farming campaigns, and integrations with analytics platforms for enhanced visibility. It facilitates seamless trading of TON ecosystem tokens and hosts events such as trading competitions to boost user engagement. TONCO's design emphasizes accessibility and efficiency, making advanced DeFi tools available to the TON community while maintaining the security and decentralization inherent to the blockchain.

TONCO launched its on-chain prediction market feature, TONCO Predictions.