# TONCO > The first DEX on TON with concentrated liquidity TONCO is a decentralized exchange on TON that uses concentrated liquidity so users trade with lower slippage and liquidity providers deploy capital in precise price ranges. TONCO is a decentralized exchange on the TON blockchain that applies concentrated liquidity to improve trade execution and capital use. Users can swap assets with reduced slippage, provide liquidity within chosen price ranges to earn fees, and access farming for extra rewards. The system adjusts fees with market conditions and supports advanced features through modular plugins. - Type: Company - Sector: Finance - Status: Active - Founded: 2024-11-19 - Profile: https://thegrid.id/profiles/tonco ## Products - [TONCO](https://thegrid.id/profiles/tonco): TONCO is a decentralized exchange on the TON blockchain where users trade via concentrated liquidity pools. Liquidity providers place capital within specific price ranges to increase efficiency, while traders benefit from lower slippage. Fees adjust with volatility, and integrated farming distributes additional rewards based on liquidity effectiveness. (Decentralised Exchange, Live, Main Product) ## Links - [Main](https://tonco.io) - [Privacy policy](https://tonco.io/static/docs/privacy-policy.pdf) - [Terms of Service](https://tonco.io/static/docs/terms-of-use.pdf) - [Media Kit/branding](https://docs.tonco.io/overview/brand-kit) - [Documentation](https://docs.tonco.io) - [Twitter / X](https://x.com/Tonco_io) - [Telegram](https://t.me/tonco_welcome) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP