Tokenlon Weekly(2023.11.24–12.1)

Tokenlon DEX
3 min readDec 2, 2023

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This week, the Bitcoin ecosystem has continued its explosive growth, with BTC successfully surpassing $38,000 and currently priced at $38,663.30. Over the past seven days, BTC has seen a 3.2% increase, indicating the continuous development of the BTC ecosystem and an increasing demand for BTC in the market.

At the same time, the price of ETH has also shown a positive trend, with Ethereum currently priced at $2,102.38, with a 1.2% increase over the past seven days.

DeFi Market

Note: Data as of 2023.12.1 09:30 +UTC

Total TVL: $47.45b, of which Ethereum chain TVL is $26.70b.

For Ethereum Layer 2, the total locked value is $14.02 billion, a 7-day decrease of 1.19%.

  • The Arbitrum One network’s total locked value is $7.48 billion, a 7-day decrease of 0.35%, accounting for 53.36%
  • The Optimism network’s total locked value is $3.72 billion, a 7-day decrease of 3.20%, accounting for 26.59%.

DEX Market

The DEX market last week has a total transaction of $13b, accounting for 60% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $73,956,022.36, with 1,153 transaction addresses and 2,681 transactions. The revenue was $159,207.93 and the net profit from fees was $149,435.79, with the current fee balance being $463,714.03.

LON

  • The LON staking contract has a staked amount of 71,211,825.27 LON, with an annualized staking yield (monthly) of 29.41%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,175,847. A total of 177,905.89 LON was bought back last week.

Tokenlon Development Highlights

Tokenlon Multi-chain Deployment

  • Users can now directly perform token swaps on the market page of the Polygon wallet. Subsequently, functionality for token swaps on other networks will be continually added.

Tokenlon v6

  • Optimizing the split-order algorithm for v6 to further enhance the quoting results for large split orders.

User Growth

  • Implementing transactions for core target users.
  • Observing on-chain behavior of the top 100 users on Tokenlon, summarizing the characteristics of large holders. Ongoing exploration of core user growth strategies based on these observations.

New Token Listing

  • PYUSD is now listed on Tokenlon, supporting trading pairs like PYUSD/ETH, PYUSD/USDC, PYUSD/USDT.

Market Activities

  • Planning a series of activities related to Tokenlon transactions and year-end reviews.
  • Christmas activity planning underway.

Important Risk Warning

  • LON token contract address:
    0x0000000000095413afC295d19EDeb1Ad7B71c952
  • LON is Tokenlon’s native token, where holders will enjoy fee discounts and voting rights
  • Beware of fake Tokenlon imitations, the official website is: https://tokenlon.im
  • Please do not download any app or DApp from non-official Telegram, Whatsapp, Facebook, or Wechat

Tokenlon,

2023.12.1

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Notes

Digital Assets are highly volatile and unpredictable. Please do your research before trading.

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Tokenlon DEX
Tokenlon DEX

Written by Tokenlon DEX

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