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Torch Finance
Torch Finance is a liquid stables hub and decentralized exchange (DEX) on the TON blockchain, focused on providing institutional-grade liquidity and efficient stablecoin trading with minimal slippage. As an official TVM partner of Curve Finance, it offers a scalable and composable platform for DeFi innovation. Its products include a Stable Swap for stablecoins, Liquid Staking Tokens (LSTs), and Yield-Bearing Tokens (YBTs), as well as a yield-generating stablecoin called Telegram USD.
Distributed
Description
Torch Finance is a decentralized exchange (DEX) and liquid stables hub built on the TON blockchain, designed to provide institutional-grade liquidity and efficient trading. As an official TVM partner of Curve Finance and supported by the TON Foundation, it focuses on stable swaps for stablecoins, Liquid Staking Tokens (LSTs), and Yield-Bearing Tokens (YBTs) with minimal slippage. Inspired by platforms like Curve and Balancer, Torch utilizes a StableSwap algorithm and a modular architecture (including Factory, Vaults, and Pools) to overcome the technical limitations of the TON Virtual Machine (TVM) and leverage TON's sharding for scalability and high-speed transactions. The platform's product roadmap includes its Stable Swap, a yield-generating stablecoin named Telegram USD, and PayFi. Security is a priority, with audits conducted by Zellic, Quantstamp, and TonBit.Grant Funding
VC Funding
None
2025
$0
$1.5M