Bidask, a new decentralized exchange (DEX) on the TON blockchain, reported a transaction volume exceeding $1.3 million in its first month. The platform, designed as a centralized liquidity market maker (CLMM), also achieved a total value locked (TVL) of $300,000. Bidask aims to enhance capital efficiency and reduce trading slippage by allowing liquidity providers to pool capital within specific price ranges. The DEX processed over 1,400 swaps and offered an average annualized yield (APY) of 40% for its liquidity pools. Integrated with major wallets like Tonkeeper and Bitget Wallet, Bidask is part of the TeFi Alliance, collaborating with other DeFi protocols to strengthen the TON ecosystem.