Tokenlon Weekly(2023.12.29–1.5)

Tokenlon DEX
3 min readJan 6, 2024

Tokenlon Weekly(2023.12.29–1.5)

Wishing everyone a Happy New Year in 2024!

The cryptocurrency market has experienced significant volatility this week due to news about the approval of Bitcoin ETFs in the first quarter. At the beginning of the week, BTC surged past $45,000, reaching a new high since April 2022. However, in the latter part of the week, it dropped below $41,000 and is currently priced at $43,858.1.

ETH is currently quoted at $2,254.4. With the market fluctuations, Tokenlon reminds everyone to be cautious of trading risks

DeFi Market

Note: Data as of 2024.1.5 09:30 +UTC

Total TVL: $52.91b, of which Ethereum chain TVL is 29.08b.

For Ethereum Layer 2, the total locked value is $20.41 billion, a 7-day increase of 3.82%.

  • The Arbitrum One network’s total locked value is $10.05 billion, a 7-day increase of 7.10%
  • The Optimism network’s total locked value is $5.84 billion, a 7-day decrease of 3.21%

DEX Market

The DEX market last week has a total transaction of $23b, accounting for 44.4% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $70,646,137.46, with 1,229 transaction addresses and 2,563 transactions. The revenue was $155,818.74 and the net profit from fees was $144,365.69 with the current fee balance being $337,189.45.

LON

  • The LON staking contract has a staked amount of 71,227,597.71 LON, with an annualized staking yield (monthly) of 28.82%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,214,032. A total of 165,754.09 LON was bought back last week.

Tokenlon Development Highlights

Market Makers

  • The 25th phase of the trading mining data report has been compiled and communicated to all market makers.

New Token Listing

  • Recently, Layer2 market tokens have continued to rise. IMX is a Layer2 scaling solution for NFTs on Ethereum. Tokenlon also supports Layer2 tokens such as OP, ARB, Metis, etc.

Cross-Chain Deployment

  • Media Coverage Foresight News has covered Tokenlon’s support for cross-chain deployment.

Q4 OKR Review

  • The team has reviewed the progress of various tasks in the past quarter and summarized the transaction-related data for Tokenlon in Q4.

Conclusion of Xmas campaign

  • Organizing activity data and completing draws. You can find information about your winning status through Tokenlon Discord and Twitter.”

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,

2023.1.5

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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