As TON matures, users expect more from DeFi: lower slippage, deeper liquidity, and fast, intuitive interfaces. Bidask is a Concentrated Liquidity Market Maker (CLMM) DEX built specifically for TON. It introduces capital-efficient tools for liquidity providers and better execution for traders, all inside Telegram.

In its first month on mainnet, Bidask processed over 1,400 swaps, generated $1.3 million in trading volume, and reached $300K in total value locked (TVL). APY in the TON pool averaged at 40%, driven by organic trading volume and concentrated liquidity provisioning.

Why CLMMs Are Gaining Adoption

The global DeFi technology market is currently valued at $97.2 billion in 2025, with projections estimating it will grow beyond $1 trillion by 2035.

DeFi faces persistent pain points:

• Capital inefficiency in AMMs leads to underutilized liquidity and weak returns for LPs

• High slippage and trading costs due to dispersed liquidity support

• Developer friction, especially for projects without deep blockchain expertise

CLMMs address these by allowing LPs to concentrate capital and improve fee generation. On Uniswap V3, up to 85% of trading volume occurs in concentrated liquidity pools, helping LPs earn more revenue with less capital while keeping user fees low.

Bidask brings this model into TON's high-speed, low-cost architecture to maximize performance.

How Bidask Solves Key DeFi Challenges

Capital Efficiency

LPs can allocate liquidity to price bands where demand occurs, improving returns and reducing impermanent loss. This model is central to Bidask's liquidity strategy.

User Experience for Builders

To reduce integration friction, Bidask provides:

• Trade Account smart contracts, allowing users to execute trades without pre-depositing funds

• A Trading API, supporting seamless backend integration

• Standardized protocol interfaces, familiar to developers from other ecosystems

These features lower the barrier for builders who want to bring low-slippage trading into Telegram apps, wallets, or DeFi platforms.

Ecosystem Fragmentation

Bidask integrates with wallets, launchpads, and more, helping to unify liquidity across apps and simplify access for end users.

Core Ecosystem Integrations

Bidask is built to plug into TON-native infrastructure:

• Wallets like Tonkeeper, Bitget Wallet, and SafePal support Bidask swaps via SDK

• Launchpads can pair new tokens with controlled pricing

• Aggregators can access deep liquidity pools for optimal routing

• Lending protocols can build on LP tokens as collateral

Bidask is also part of the TeFi Alliance, collaborating with DeDust, STON.fi, and Curve Finance to advance TON DeFi.

Technical Fit for High-Throughput DeFi

TON offers several advantages that support CLMM deployment:

• Sharded execution enables parallel processing

• Near-zero fees reduce cost barriers for high-frequency trading

• Telegram Mini App support offers seamless UX

• TON Connect wallets simplify onboarding and interaction

Bidask uses these features to deliver faster settlement, real-time pricing, and scalable DeFi infrastructure.

Community and Adoption Strategy

To grow usage and strengthen participation, Bidask has launched:

• An Ambassador Program for ecosystem advocates

• XP-based quests to reward active users

• Campaigns at events like TON Fest, where it helped distribute $33,000 in rewards

These efforts support community-led expansion while reinforcing the platform's role as TON's liquidity backbone.

What's Next for Bidask

Bidask's next phase focuses on expanding liquidity and developer access. The team will add new token pairs, grow existing pools, and launch public SDKs to simplify integration across wallets, launchpads, and Telegram Mini Apps.

To drive participation, Bidask will introduce liquidity mining and XP-based rewards, targeting sustainable user growth. Upcoming integrations with additional TON-native tools will further aim to position Bidask as a core liquidity layer for TON-native applications.

Learn more about Bidask:
Telegram | Telegram Mini App | X | Website

Explore TON DeFi:
TON Mini Apps | TON Builders Portal

Disclaimer: This interview is for informational purposes only and does not constitute an endorsement, approval, or recommendation of the project. The views and opinions expressed in this interview are those of the interviewee and do not necessarily reflect the views of TON Foundation. This is not investment advice.