Tokenlon Weekly(2024.03.22–03.29)

Tokenlon DEX
3 min readMar 29, 2024

This week, the cryptocurrency market continues to fluctuate, with Bitcoin spot ETFs seeing a total net inflow of $179 million on March 28th. BTC is now priced at $70,451, while ETH is priced at $3,559, with 7-day gains of 7.1% and 2.2% respectively. Meme tokens are experiencing a general rise, with DOGE reaching $0.2236 USDT, hitting a recent high.

DeFi Market

Note: Data as of 2024.3.29 09:30 +UTC

Total TVL: $98.53b, of which Ethereum chain TVL is 52.48b.

For Ethereum Layer 2, the total locked value is $39.58 billion, a 7-day increase of 4.69%.

  • The Arbitrum One network’s total locked value is $17.07 billion, a 7-day increase of 0.83%
  • The Optimism network’s total locked value is $8.46 billion, a 7-day increase of 6.94%

DEX Market

The DEX market last week has a total transaction of $39b, accounting for 40.3% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $93,082,970.01, with 1,162 transaction addresses and 2,911 transactions. The revenue was $205,860.69 and the net profit from fees was $193,470.90 with the current fee balance being $269,980.21.

LON

  • The LON staking contract has a staked amount of 73,447,940.49 LON, with an annualized staking yield (monthly) of 29.04%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,444,842. A total of 394,172.07 LON was bought back last week.

Tokenlon Development Highlights

Multichain Deployment

  • Tokenlon’s swap function now supports Base and BNB chains. You check it out on the imToken market page.

Closure of BTC Cross-Chain Gateway

  • Users holding imBTC are advised to redeem their BTC before March 31, 2024.

HK Web3 event

  • The Tokenlon team will be in Hong Kong from April 6th to April 9th.

Market Makers

  • We will communicate the details of the 27th trade mining with the market makers.

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,

2023.3.29

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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