TON x Jupiter Exchange Competition Crowns DeDust and swap.coffee as Top Aggregators

In March 2025, the TON Foundation teamed up with Jupiter Exchange, a top decentralized exchange (DEX) on Solana, to launch a high-impact competition aimed at building advanced swap infrastructure for the TON ecosystem. The mission: accelerate the development of smart, efficient, and secure on-chain aggregators that reduce price impact, optimize routing, and lay the groundwork for future cross-chain trading.

The competition attracted a range of developer teams working to improve decentralized finance (DeFi) on TON—especially for Telegram’s vast user base. With an eye on making on-chain swaps as seamless as centralized exchanges, the contest highlighted the growing need for infrastructure that delivers fast, cost-effective, and user-friendly trades.

Winners: DeDust & swap.coffee

After rigorous evaluation, DeDust and swap.coffee emerged as the top two projects. Both teams impressed judges with their technical depth, product vision, and ability to deliver a better trading experience on TON.

Each winner will receive:

• Advisory support from Jupiter Exchange

• Potential integration into JupNet, Jupiter’s omnichain liquidity network

• Audit cost coverage from the TON Foundation

• Investor introductions via TON Foundation’s network

• Marketing and ecosystem support from the TON Foundation

Their contributions mark a major step forward in shaping TON’s evolving DeFi landscape—bringing smoother and smarter swaps directly into the Telegram ecosystem.

Honorable Mentions

Several other promising projects were recognized for their creativity and potential:

• Titan

• Rainbow Swap

• Bridgers

• Moki

These teams continue to build and iterate, and the TON Foundation encourages them to remain engaged with the community and apply for future grants and initiatives.

Judging Criteria

Projects were evaluated across several key dimensions:

• Code quality, implementation, and security (in collaboration with TonBit, a leading auditing firm)

• Real-world utility for Toncoin holders and Telegram users

• Community engagement and business development potential

• Go-to-market strategy and product launch readiness

The inclusion of TonBit ensured a technically sound and security-conscious evaluation of all submissions.

Why This Matters

Aggregators are critical to TON’s future, especially as Telegram Mini Apps and wallets become everyday tools for crypto users. These aggregators will power smooth, low-cost swaps across different liquidity sources, offering better execution and accessibility—making DeFi inside Telegram truly mainstream.

Unlike centralized exchanges, aggregators give users better control over pricing, reduce slippage, and unlock opportunities across TON’s growing DeFi landscape.

What’s Next

This initiative follows earlier collaborations, such as with Curve Finance, and reinforces TON Foundation’s commitment to open-source, decentralized infrastructure. As the ecosystem matures, these new aggregators will serve as the backbone for a new wave of DeFi activity inside Telegram.

TON Foundation continues to support builders who ship, iterate, and engage. Whether or not a project won this round, the door remains open for continued collaboration.

To all participating teams—thank you. The future of TON DeFi is being built by you.