The TON Foundation officially announced Bidask, a centralized liquidity market maker (CLMM) DEX for the TON blockchain, that enhances capital efficiency by allowing liquidity providers to pool funds within set price ranges.
During its launch month, Bidask recorded over 1,400 swaps and achieved 1.3 million USD in trading volume and a total locked value of 300,000 USD, with an impressive average APY of 40% on its liquidity pools.
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