I’ve spent the last few days dissecting the latest sit-down with Andrey Fedorov (CMO & CBDO at STON.fi), and it left me with a realization: we are looking at the end of the "Hype-as-a-Service" period in DeFi.
STONfi is taking a refreshingly grounded and honestly, quite gritty approach to building the liquidity layer of the future.
I've heard lots of narrative, for instance: "Telegram has 900M+ users, so $TON will win." But Andrey points out something many miss: Distribution is useless if the ecosystem is a silo. Attending events like Consensus and Hack Seasons in Hong Kong was a mission to bridge TON liquidity to the rest of the Web3 world. If TON stays isolated, it stagnates.
By positioning STONfi as the gateway for external liquidity to flow into Telegram’s massive user base, they wouldn't just be building a DEX—they are building a cross-chain bridgehead.
The "Utility First" Litmus Test
STONfi’s philosophy is different because they think ahead: Does this solve a problem for a builder right now?
The partnership with Privy is the perfect example. By embedding Omniston swaps under the hood, developers can integrate TON liquidity in minutes.
Most DeFi projects fail because they expect users to come to them. STONfi is doing the opposite—they are going to where the developers are and making the tech invisible.
The 2026 Vision: Invisible Infrastructure
The most realistic (and exciting) part of the roadmap is the move toward Concentrated Liquidity and TON-to-TRON cross-chain testing.
In my view, the integral aspect of crypto adoption is when the user doesn't even know they are using a blockchain. When you swap tokens inside a Telegram bot or a game, and it’s powered by STONfi’s API without a hitch—that’s a win.
"Good infrastructure is like oxygen: you only notice it when it’s gone."
Learn More: https://coinedition.com/inside-ston-fis-strategy-andrey-fedorov-on-scaling-tons-defi-ecosystem/
$BTC $ETH #TON #Scalability #TONDeFiEcosystem #2026RoadMap #CrossChainInteroperability
