USDe Lands on STON.fi: Introducing a Sustainable Synthetic Dollar to TON

When Ethena’s dollar-pegged synthetic stablecoin USDe launched on STON.fi; TON’s top decentralized exchange. It wasn’t just another token listing. It marked a shift toward sustainable, non-speculative yields within the TON DeFi ecosystem.

Here’s why this integration matters and how users can take advantage.

1. What Is USDe? A Synthetic Dollar with a Delta-Neutral Strategy

USDe is not your average stablecoin. It’s an algorithmic, delta‑neutral synthetic asset designed to maintain a 1:1 peg to USD by balancing long and short positions across collateral assets. Fully backed by crypto assets like ETH and liquid staking derivatives, USDe generates yield without depending on speculation.

In essence:

• Delta-neutral: hedges market risk

• Stable yet yield-generating

• A transparent on-chain substitute for fiat savings

2. Deep Integration with TON via STON.fi

STON.fi now allows users to:

1. Swap TON-based USDT or TON → USDe

2. Stake USDe for tsUSDe, a staked token that accrues yield

3. Provide liquidity in USDe-USDT or USDe-tsUSDe pools

No bridges. No external apps. Native, streamlined experience.

By adding tsUSDe, STON.fi enables users to:

• Earn yield without long lock-up periods

• Trade tsUSDe directly — bypassing cooldowns if liquidity exists (mpost.io, blog.ston.fi)

It’s yield, flexibility, and liquidity, all in one place.

3. Yield + Governance: Rewarding Active Participation

The integration with Ethena brings Ethena Points, which users accrue by staking USDe and contributing liquidity. These Points are redeemed for $ENA tokens at the end of staking seasons.

Possible APYs are attractive: up to 18% base, with extra TON incentives which is capped at 10,000 tsUSDe per wallet for mainstream rewards. This layered incentive design combines stable yield with ecosystem alignment, creating long-term value.

4. New Opportunities for TON Users

STON.fi’s CEO, Slavik Baranov, framed USDe’s arrival as more than a token addition:

“More than a new on‑chain asset — a reward‑bearing asset that helps users manage their holdings without giving up control or flexibility.”

Given TON’s strong wallet integration and popularity within Telegram, USDe delivers mainstream-grade DeFi utility to over a billion users.

5. Strategic Impact on STON.fi and TON

• Boosts TVL & activity: New pools and yield mechanics revitalize staking and trading volume

• Stable yields in a volatile market: Delta-neutral design offers predictable returns

• Strengthens ecosystem alignment: USDe, tsUSDe, $ENA, $STON — working together for robust DeFi interaction

In a market where TON’s TVL has fluctuated, USDe could help stabilize and refocus user attention on utility, not speculation.

6. User Walkthrough: Getting Started with USDe on STON.fi

1. Swap:

   • Convert TON or USDt → USDe in 2–3 clicks for a smooth experience

2. Stake:

   • Provide USDe in staking or liquidity pairs → receive tsUSDe and start earning

3. Earn Points:

   • Active staking = Ethena Points

   • Ethena points = access to $ENA drops

4. Withdraw or Trade:

   • Option A: Unstake after 7 days → get USDe

   • Option B: Directly swap tsUSDe if liquidity is available, no wait.

7. Why This Matters for Everyone

• Traders get a stable-dual asset with optimized yield

• Yield farmers gain a fresh asset with high return potential

• Regular users benefit from low-cost swaps and transparent earnings

Some may stay for yield. Others for token utility or future governance rights but nearly everyone can find value.

8. Final Take: Utility with Integrity

The arrival of USDe on STON.fi isn’t hype. It’s pragmatic, accessible, and growth-oriented.

• A stable asset with yield

• One-stop integration on TON

• Aligned incentives for users, protocol, and ecosystem

• Clear path from discovery → earning → governance

For users seeking low-risk, steady returns or first-time DeFi explorers. USDe is a real-world solution wrapped in on-chain simplicity.

Ready to Get Started?

• Explore swapping, staking, or adding liquidity: → https://ston.fi

• Read more on USDe’s structure and tsUSDe mechanics: → https://ethena.ston.fi

• Join community discussions via Telegram and X for support and updates

TL;DR

USDe on STON.fi merges stable yield, delta-neutral design, liquidity flexibility, and high user control setting a new standard for real-world DeFi adoption in the TON ecosystem.