Stablecoins

Explore the benefits of using TONCO DEX for stable-to-stable pairs and yield-bearing stables

Stablecoins like USDT, USDe (plus its rebasing asset tsUSDe), and tgUSD are a natural fit for TONCO’s concentrated liquidity model, where liquidity is deployed in specific price ranges rather than spread from 0 to ∞. This model unlocks a new level of efficiency and profitability for both traders and liquidity providers.

Why TONCO is perfect for stable pairs

TONCO is the first concentrated liquidity DEX on TON, offering clear advantages over traditional V2 AMMs. Stablecoin pairs, which typically trade within tight price ranges around $1, benefit the most from concentrated liquidity model:

• Ultra-low slippage, even at high trade volumes

• Tighter spreads and better execution for swappers

• Higher capital efficiency, since liquidity is only placed where trades actually occur

• Stronger fee APRs for LPs, as more trades are concentrated within narrow ranges

Example: In the tgUSD/USDT pool, liquidity can be concentrated in the price range of 0.999–1.001. This enables up to 2,000x higher capital efficiency compared to traditional V2 DEXs, where liquidity is spread across a wide, mostly unused price spectrum.

With TONCO, LPs can set liquidity around narrow ranges like 0.995–1.005 or even tighter, depending on the expected volatility of the stable pair. This structure:

• Absorbs larger trades without causing price impact

• Enables high-frequency trading strategies

• Creates reliable, predictable execution for aggregators and bridges

Examples of liquidity strategies

USDT/tgUSD (stable-stable pair)

Both tokens are dollar-pegged, meaning their prices hover close to $1. LPs can confidently provide liquidity in narrow range, capturing more trades and earning higher fees.

• Basic strategy: 0.997 – 1.003 (covers mild fluctuations in peg, low maintenance)

Basic strategy for stable-stable pair on TONCO DEX

• Advanced split: Tight range at 0.999 – 1.001 + backup at 0.995 – 1.005 (maximizes fee capture while reducing risk of going out of range)

This split strategy allows LPs to:

• Maximize yield from tightly packed trade volume

• Maintain uptime even during brief peg shifts

• Reduce idle capital and improve return on liquidity

Advanced split for stable-stable pair on TONCO DEX

USDe/tsUSDe (rebasing stable-yield pair)

Unlike traditional stable pairs, tsUSDe is a rebasing token that gradually increases in value relative to USDe as it accrues yield.

• Split strategy: 0.995 – 1.005 (short-term) and 1.005 – 1.03 (longer-term exposure to tsUSDe yield growth)

Split strategy for rebasing stable-yield pair on TONCO DEX

This approach allows LPs to:

• Capture fee volume while the pair is near parity

• Earn yield passively as tsUSDe appreciates

• Avoid frequent repositioning thanks to the slow-moving upward peg

Who benefits from stablecoin liquidity on TONCO?

• Traders: Enjoy better execution, lower slippage, and tighter spreads

• Cross-chain bridges: Achieve high-volume, low-impact transfers across chains

• Retail and institutional LPs: Earn consistent income from fees with less risk

• Wallets, bots, aggregators: Tap into deep liquidity and predictable routing

---

Stablecoins power payments, savings, transfers, and cross-chain operations.

For these systems to scale efficiently, they need precision infrastructure. That’s exactly what TONCO delivers:

• High liquidity density with low slippage

• Minimal idle capital through range-based provisioning

• Optimized yield, execution, and LP profitability