Omniston aggregates liquidity from multiple TON DEXs and resolvers, delivering optimal swap rates for traders and a single integration point for developers. Launched on 14 October 2024, it routes trades through a Request‑for‑Quote (RFQ) protocol that selects the best price and executes swaps via HTLCs, eliminating slippage.
How Omniston works#
- A user initiates a token swap in a TON‑compatible app.
- The request is forwarded to Omniston.
- Omniston creates an RFQ and broadcasts it to all connected resolvers and DEXs, including external ones.
- Responding platforms return their quotes.
- Omniston selects the most favorable quote and executes the swap.
- The user receives the target token.
The RFQ protocol operates off‑chain; funds never leave the participants’ wallets. Execution relies on Hashed Time‑Locked Contracts (HTLC) to guarantee that the trade settles at the quoted price without slippage.
Benefits for participants#
- Traders receive the best available price with minimal routing fees.
- Developers gain a unified liquidity source, simplifying DeFi app integration.
- Liquidity providers benefit from automated routing toward the highest demand, potentially increasing fee earnings.
- The TON ecosystem enjoys broader liquidity coverage and higher transaction volume.
Roadmap and future developments#
Omniston plans to extend its aggregation across other blockchains using privacy‑preserving protocols, with TRON identified as an early target. A decentralized governance model is also slated for implementation, alongside strategic partnerships aimed at expanding adoption.
Technical notes#
- The system does not hold user funds at any stage.
- Price slippage is mitigated by fixing the rate at the RFQ stage and enforcing it through HTLCs.
- All swap execution occurs on‑chain once the optimal quote is selected.
See also#
- [STON.fi](https://ston.fi/) – the project behind Omniston
- DeDust – another TON liquidity aggregator
- Rainbow Swap – a TON DEX offering token swaps
- The Open Network – the underlying blockchain