> For the complete documentation index, see [llms.txt](https://docs.tonco.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tonco.io/overview/readme.md).

# What is TONCO

{% hint style="info" %}
**Toncoin is now Gram.** Following the community vote concluded on June 8, 2026, the native token of The Open Network is renamed from **Toncoin (TON)** to **Gram (GRAM)** as of June 15, 2026. During the transition period the asset is displayed as **"Gram (prev. Toncoin)"**.

This is a display name, ticker, and logo change only: the TON blockchain keeps its name, balances are unchanged (10 TON = 10 GRAM), and all addresses, smart contracts, and trading pairs remain valid. **No action is required from users.** There is no migration, swap, bridge, or claim process — any platform asking you to "claim GRAM" or "convert TON to GRAM" is a scam.
{% endhint %}

**TONCO** is a decentralized exchange (DEX) on TON Blockchain that introduces **concentrated liquidity**, enabling liquidity providers (LPs) to maximize capital efficiency and offer traders better swaps with lower slippage.

### Key highlights:

* First CLAMM DEX on TON. Capital is used efficiently: higher yields for LPs, lower slippage for traders.
* Accessible to All Levels. Advanced strategies for experienced users and an intuitive interface for beginners.
* Developed by Algebra Team. Built by seasoned infrastructure experts with a strong reputation across EVM chains.


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