Tokenlon Weekly(2024.1.5–1.12)

Tokenlon DEX
3 min readJan 12, 2024

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This week, the U.S. SEC officially approved the spot Bitcoin ETF. According to CoinGecko market data, BTC reached a peak of $48,494.62, and ETH reached a peak of $2,644.45. Currently, BTC and ETH are priced at $46,343.4 and $2,622.6, respectively, with 7-day gains of 5.9% and 16.2%.

On the first day of BTC ETF trading, the volume exceeded $4.6 billion, with approximately $2.3 billion attributed to Grayscale’s conversion to the ETF and over $1 billion from BlackRock. The daily trading volume of Bitcoin reached $45 billion, with ETFs accounting for 10%.

DeFi Market

Note: Data as of 2024.1.12 09:30 +UTC

Total TVL: $57.86b, of which Ethereum chain TVL is 32.13b.

For Ethereum Layer 2, the total locked value is $22.7 billion, a 7-day increase of 9.02%.

  • The Arbitrum One network’s total locked value is $11.18 billion, a 7-day increase of 9.64%
  • The Optimism network’s total locked value is $6.44 billion, a 7-day increase of 6.77%

DEX Market

The DEX market last week has a total transaction of $25b, accounting for 48.1% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $125,488,179.17, with 1,400 transaction addresses and 3,031 transactions. The revenue was $259,703.29 and the net profit from fees was $249,641.91 with the current fee balance being $483,902.35.

LON

  • The LON staking contract has a staked amount of 71,284,506.59 LON, with an annualized staking yield (monthly) of 28.76%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,145,602. A total of 155,929.05 LON was bought back last week.

Tokenlon Development Highlights

Market Maker Reports

  • Completed 25 market maker reports and notified all market makers, also scheduled appointment meetings with market makers for inquiries.

Conclusion of Xmas campaign

  • Activity rewards have been distributed, and everyone can check their rewards by switching to the Arbitrum network on their wallets. Users who have won first prizes are encouraged to contact us on Discord as soon as possible.

Tokenlon’s 2023 Review preparations

  • Data has been organized, and material design is currently in progress.

Tokenlon KYT API

  • Collaborating with a third-party security organization to integrate a monitoring API for non-compliant lists, ensuring the security and compliance of the Tokenlon protocol.

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,

2023.1.12

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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