TL;DR + verdict
By 2026, TON has a perp-DEX duopoly: Storm Trade (launched 2023, web + Telegram Mini App, up to 100x leverage, $30–80M daily volume) and Tradoor (launched 2024, Mini App only, up to 25x leverage, $10–30M daily volume).
Short verdict:
- Storm Trade — when you need liquidity depth, broader pair selection, a web interface. For intermediate to experienced traders, positions $5k+.
- Tradoor — if you live in Telegram, trade $100–$5000, want minimum friction. Simple UI, 25x leverage cap acts more like a safety feature.
By objective metrics most TON-DeFi users will pick Storm Trade. Tradoor is a niche tool with real product-market fit for a specific audience.
!Both projects are leveraged perps — high risk of losing collateral. Comparing technical parameters is not a trading recommendation. Never deposit more than you can fully lose.
Quick context on both
Storm Trade
Launched on TON in 2023, one of the first full-featured perpetual-DEXes in the ecosystem. Architecture: proprietary matching engine with on-chain settlement; liquidity from LP vaults (TON-USDT, USDT-stable).
Access:
- Web app at storm.trade
- Telegram Mini App
- TON Connect support: Tonkeeper, MyTonWallet, Tonhub,
@wallet
Mid-2026 metrics: daily volume $30–80M, TVL $20–40M, several thousand active traders per day.
Tradoor
Launched 2024 as a Telegram-native project from day one. Architecture: simplified perp engine with USDT collateral, no public LP vaults at meaningful scale.
Access:
- Telegram Mini App only
- TON Connect for the wallet
Mid-2026 metrics: daily volume $10–30M, TVL $5–10M.
Feature comparison
| Parameter | Storm Trade | Tradoor |
|---|---|---|
| Launch | 2023 | 2024 |
| Web interface | Yes | No |
| Telegram Mini App | Yes | Yes |
| Max leverage | up to 100x | up to 25x |
| Collateral | USDT, sometimes TON | USDT |
| Trading pairs | 15–25 | 4–6 |
| Daily volume (mid-2026) | $30–80M | $10–30M |
| TVL (mid-2026) | $20–40M | $5–10M |
| Maker/Taker fee | ~0.02% / 0.06% | ~0.03% / 0.06% |
| Funding rate | 8h, dynamic | 8h, dynamic |
| LP vaults for passive yield | Yes (TON-USDT, USDT-stable) | Limited |
| KYC | None | None |
| Audit | Yes | Yes |
Fee and TVL numbers are ballpark — for live data check project sites and the TON DeFi dashboards.
UX: web vs Telegram-only
This is the most visible difference.
Storm Trade — hybrid.
The web frontend gives a classic trading UI: orderbook, TradingView charts, advanced order types (stop-loss, take-profit, conditional). The Mini App is a simplified version for quick chat-based access. Same account on both.
Pro: professional tools available. Con: for an absolute beginner it can be overwhelming — easy to get lost.
Tradoor — Telegram-native, full stop.
No web frontend. Everything in the Mini App: 4 pairs, long/short, leverage slider, amount input. A ready-made sandwich.
Pro: zero friction for Telegram users, no domain to block. Con: Mini App design constraints (small screen, no multi-monitor setup, limited chart real estate).
What suits whom:
- Sitting at a computer, watching candles, juggling tabs → Storm Trade.
- Trading from a phone, mid-Telegram session, between chats → Tradoor.
Leverage and liquidation
Storm Trade — up to 100x on top pairs. That’s a lot. At 100x, a 1% adverse price move wipes collateral. Most experienced Storm traders run at 5–15x; 100x is more for the brave or scalpers chasing minute moves.
Tradoor — 25x cap. That’s a deliberate limit — it reduces the chance of accidentally opening a position at absurd leverage. For retail, that’s a feature, not a bug.
Liquidation mechanics are similar on both: when margin ratio drops to maintenance, the position is force-closed, collateral is taken minus the residual. On-chain DEXes have liquidator bots collecting the penalty.
Liquidity and slippage
Slippage matters for positions comparable to book/pool depth. Ballpark estimates:
- $1000 position on TON-USD: ~0.05% slippage on both.
- $10,000 position on TON-USD: ~0.1–0.2% on Storm, 0.2–0.4% on Tradoor.
- $50,000 position on TON-USD: ~0.3–0.5% on Storm, 1%+ on Tradoor.
For BTC-USD and ETH-USD the gap is smaller — liquidity ports in from cross-protocol hedges.
Takeaway: for $10k+ positions, Storm Trade clearly delivers less execution loss.
Fee breakdown
Both share the same base structure:
- Taker fee (market): ~0.06%
- Maker fee (limit): ~0.02–0.03%
- Funding rate: 8h, floating
- TON gas: ~0.05 TON round-trip
On large positions, funding and slippage matter more than nominal taker fee. Hold a position for a week — funding can cost 1–3% of position size, multiples of the trading fee.
One important nuance: Storm Trade has LP vaults for passive yield (providing liquidity to perp traders). That’s an extra product Tradoor doesn’t have in mature form. Interested in “earning from others’ trades”? Storm.
By scenario: who fits what
Scenario 1. New to perps, $200–$500 account
→ Tradoor. Simple UI, 25x cap saves you from the worst mistakes, everything in Telegram. After a couple of months and understanding the mechanics, graduate to Storm Trade for the tooling.
Scenario 2. Experienced trader, $10k+ account, daily activity
→ Storm Trade. Professional web UI, broader pair set, deeper liquidity, advanced orders. Mini App for quick adjustments on the go.
Scenario 3. I want passive yield on perps via LP
→ Storm Trade. Storm has structured LP vaults with advertised APR. Tradoor — none or sharply limited.
Scenario 4. Telegram-only, no computer / time for complex UI
→ Tradoor. Storm Trade’s Mini App works, but it’s designed desktop-first — on phone you lose some affordances. Tradoor is designed for Telegram from day one.
Scenario 5. Altcoins and FX pairs
→ Storm Trade. Tradoor sticks to ~4 top pairs; Storm runs 15–25 pairs plus FX.
Scenario 6. Scalping at 50–100x
→ Storm Trade. Tradoor doesn’t offer that range. Honestly — 100x scalping is a lottery, not trading.
Bottom line
Storm Trade and Tradoor aren’t “either-or” — for a mature DeFi stack they’re “and-and”. Storm covers 80% of cases — more liquidity, more pairs, pro UI. Tradoor owns the niche of “open Telegram, open position, close it, leave” — for retail that sometimes outweighs all other parameters.
Picking one — go Storm Trade. Want both — keep main collateral on Storm, a small buffer on Tradoor for snap trades.
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