As the concentration of tetrafluoroethylene (TFE) in the solvent increases, its polymerization is shown to be accompanied by a transformation of the resulting homogeneous solution of oligomers into a col loid one, which then transforms into gel. The micron sized colloid particles consist of oligomers and solvent molecules, whose number per TFE unit in the oligomer decreases from 15-20 at the threshold of dense phase formation to 4-6 in a gel. A kinetic model of polymerization was suggested. In this model, the chain propa gation is limited by monomer diffusion to the growing macroradical and the chain transfer (oligomer forma tion and regeneration of the prime radical) is limited by the reaction of the growing macroradical with the solvent molecule. The model that allows for the decrease in the diffusion coefficients with increasing of the oligomer chain length and their local concentration leads to a spatially inhomogeneous molecular mass dis tribution, with long oligomers accumulated in the vicinity of the macroradical and short ones in the distant zone. The formation of colloid particles and gel occurs when the concentration of long oligomers shaped as rigid rods exceeds the critical value for the dense phase formation and the percolation threshold, respectively. The transition from the initial spatial distribution to the equilibrium distribution described by the phase dia gram was considered using the model of viscoelastic separation so that phases retain spatial continuity.