# TONCO > The first DEX on TON with concentrated liquidity TONCO is a concentrated-liquidity DEX on TON, letting traders get lower slippage and LPs deploy capital in precise price ranges. It also runs a prediction markets platform for trading real-world and onchain outcomes. 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 protocol adjusts fees according to market volatility and supports additional functionality through modular plugins such as limit orders and trading discounts. The exchange addresses a limitation of earlier automated market maker designs on TON, where liquidity spreads evenly across all prices and is used inefficiently. By letting liquidity providers concentrate capital in specific ranges, it aims to raise yields for providers while narrowing the price impact traders face on swaps. Liquidity positions are represented as NFTs, and pool creators can select from multiple fee tiers depending on expected volatility. The flagship product is the TONCO exchange itself, and the profile also operates TONCO Predictions, a platform for trading on real-world and onchain event outcomes, accessible on the web and as a Telegram mini app. TONCO has no native token. Together these products serve traders seeking efficient swaps, liquidity providers optimizing returns, and users interested in event-based prediction markets on TON. - Type: Company - Sector: DeFi - 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 that uses a concentrated liquidity automated market maker model. Liquidity providers allocate capital within chosen price ranges to raise capital efficiency, while traders get reduced slippage and dynamic, volatility-based fees. Its upgradable pool architecture supports atomic pool creation, multi-hop routing, and plugins for features such as limit orders and trading discounts, alongside a built-in farming mechanism that rewards liquidity based on effectiveness. (Decentralised Exchange, Live, Main Product) - [TONCO Predictions](https://thegrid.id/profiles/tonco): TONCO Predictions is a prediction markets platform that lets users trade on the outcomes of real-world and onchain events, including crypto prices, sports, politics, and social topics. Users take positions on binary outcome markets that settle based on verified real-world results, accessible through a dedicated web app or a Telegram mini app. Markets display total value locked and trading volume, and positions can be collateralized using multiple crypto assets. The platform runs on the TON blockchain and links to TONCO's decentralized exchange for liquidity and asset access. (Prediction Markets, Live) ## 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) - [Medium](https://medium.com/@tonco) - [Telegram](https://t.me/tonco_io) - [Telegram](https://t.me/predict_tonco_io) - [LinkedIn](https://www.linkedin.com/company/tonco-io) ## 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