Tokenlon Weekly(2023.12.8–12.15)

Tokenlon DEX
3 min readDec 15, 2023

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This week, the cryptocurrency market experienced some volatility, with BTC and ETH falling to $41,000 and $2,200, respectively. Currently, BTC has rebounded to over $42,000, with the latest quote at $42,629.8, while the latest quote for ETH is $2,266.6.

DeFi Market

Note: Data as of 2023.12.15 09:30 +UTC

Total TVL: $52.37b, of which Ethereum chain TVL is $29.03b.

For Ethereum Layer 2, the total locked value is $16.14 billion, a 7-day increase of 6.34%.

  • The Arbitrum One network’s total locked value is $8.39 billion, a 7-day increase of 3.21%
  • The Optimism network’s total locked value is $4.58 billion, a 7-day increase of 13.45%

DEX Market

The DEX market last week has a total transaction of $21b, accounting for 48.8% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $67,372,854.27, with 1,262 transaction addresses and 2,761 transactions. The revenue was $149,345.00 and the net profit from fees was $134,309.84 with the current fee balance being $580,631.54.

LON

  • The LON staking contract has a staked amount of 71,108,290.86 LON, with an annualized staking yield (monthly) of 28.98%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,184,533. A total of 173,538.23 LON was bought back last week.

Tokenlon Development Highlights

Tokenlon v6

  • Added animation display for quote refresh time during quoting and displayed the split order routing. The v6 web version has been launched.

BUSD

  • Binance will cease support for BUSD on December 15. In sync with this, Tokenlon will delist BUSD. Users who have not converted BUSD to other assets can refer to the official announcement.
  • Converted 2,554 BUSD from the community treasury to 2,544 USDT. Check here for details..
  • In the Tokenlon protocol fee contract, converted 1125 BUSD to 1101 USDT. Check here for details.

Multi-chain Flash Swap

  • Invited community users to participate in the experience of flash swapping on new chains. Users can also upgrade imToken to the latest version 2.14.0 to experience Tokenlon’s multi-chain flash swap feature. Details can be found here.

New User Growth

  • Recent new downloads of the imToken App. First-time users of Tokenlon can receive new user rewards.

Community Activities

  • Christmas event plans, materials, etc., have been prepared and are expected to be held next week.

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,

2023.12.15

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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