TON x Jupiter Exchange Competition Results – Latest Update
In March 2025, the TON Foundation and Jupiter, a leading decentralized exchange (DEX) on Solana, launched a competition aimed at accelerating the development of on-chain swap infrastructure on TON. The goal was to support the creation of high-performance aggregators that minimize price impact, optimize routing, and set the stage for future cross-chain trading.
Judging Criteria
Submissions were evaluated based on a combination of technical excellence, usability, and long-term potential:
Codebase quality, solution implementation, and security
Practical utility for Toncoin holders and Telegram users
Community engagement, partnerships, and business development potential
Go-to-market strategy and readiness for launch
To ensure a fair and thorough evaluation, we collaborated with TonBit, a leading security and auditing firm in the TON ecosystem. TonBit provided technical expertise and reviewed submissions for code quality and security.
First Place Winners
DeDust and swap.coffee distinguished themselves with their technical quality, product vision, and ability to deliver significant improvements to TON’s on-chain trading experience.
Each winner will receive:
Advisory support from Jupiter
Potential integration into Jupiter’s JupNet, an omnichain network for liquidity aggregation
Audit cost coverage from the TON Foundation
Introductions to TON Foundation’s investor network
Marketing support from the TON Foundation
Honorable Mentions
Other promising teams that continue to build include Titan, Rainbow Swap, Bridgers, and Moki.
To Every Team That Participated, Thank You
Your contributions are helping shape TON’s DeFi future. Even if your project wasn’t selected this time, we encourage you to keep building. The TON Foundation remains committed to supporting open-source infrastructure and is actively looking for teams that ship, iterate, and engage with the community.
Stay in touch, apply for future grants, and participate in upcoming ecosystem initiatives. Many of TON’s most impactful projects grew outside of competitions—and yours could be next.
Why This Matters
As DeFi grows on TON, particularly within Telegram, aggregators will play a crucial role in delivering smooth, low-cost, and user-friendly swaps. They help users find the best trade routes across liquidity sources, ensuring better execution with less price impact—a vital component for competing with centralized exchanges (CEXs).
These advancements are essential for onboarding everyday Telegram users into DeFi. Native aggregators will enable seamless swaps directly within Telegram Mini Apps and wallets, making on-chain trading more intuitive and accessible for mainstream users.
Looking Ahead
This initiative builds on previous efforts, such as the Curve Finance collaboration, and strengthens our commitment to open innovation and decentralized infrastructure. The TON Foundation is proud to support independent builders who are shaping the next wave of DeFi, right inside Telegram.