Tokenlon Weekly(2023.12.1–12.8)

Tokenlon DEX
3 min readDec 9, 2023

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The market trends continued upward this week, with BTC and ETH surpassing $44,000 and $2,300, respectively. Currently, BTC is priced at $43,359.7, and ETH is priced at $2,371.9, with gains of 13.5% and 13.3% over the past 7 days, respectively.

DeFi Market

Note: Data as of 2023.12.8 09:30 +UTC

Total TVL: $51.91b, of which Ethereum chain TVL is $29.59b.

For Ethereum Layer 2, the total locked value is $16.14 billion, a 7-day increase of 12.05%.

  • The Arbitrum One network’s total locked value is $8.53 billion, a 7-day increase of 10.16%, accounting for 52.86%
  • The Optimism network’s total locked value is $4.53 billion, a 7-day increase of 17.89%, accounting for 28.09%.

DEX Market

The DEX market last week has a total transaction of $18b, accounting for 54.9% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $78,497,442.92, with 1,326 transaction addresses and 3,032 transactions. The revenue was $175,718.97 and the net profit from fees was $158,457.04, with the current fee balance being $558,439.71.

LON

  • The LON staking contract has a staked amount of 71,127,703.68 LON, with an annualized staking yield (monthly) of 29.09%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,181,423. A total of 174,605.69 LON was bought back last week.

Tokenlon Development Highlights

TIP 38: Community Treasury Management, Planning, and Application

  • The primary objective is to utilize the funds from the community treasury to support the growth and development of the LON ecosystem, including marketing activities.
  • The voting concluded on December 8th, and you can check the specific proposal details here.

Multi-Chain Deployment

  • Tokenlon not only supports token swaps on the Ethereum network but has also expanded to enable token swaps on Polygon PoS, Arbitrum, and Optimism networks. For more details, check here.

Core User Growth

  • The growth in BTC markets has contributed to an increase in Tokenlon’s WBTC holders. This week, a user on the Tokenlon web platform purchased approximately $4 million worth of WBTC.

Christmas Event Planning

  • The event plans are confirmed, and preparations for related materials are underway. The community will soon see the commencement of these activities. Stay tuned for specific details in the Tokenlon community announcements.

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,

2023.12.8

Contact us

Notes

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

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Tokenlon DEX

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