Tokenlon Weekly(2024.04.12–04.19)

Tokenlon DEX
3 min readApr 19, 2024

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Due to the intensifying geopolitical tensions in the Middle East, the cryptocurrency market experienced significant downward volatility this week.

BTC fell by 8.9% over the past 7 days, with the current price at $64,595.59; ETH saw a decline of 11.6% over the same period, with the current price at $3,111.06. The BTC halving is expected to occur at block height 840,000, with less than a day remaining until the countdown.

DeFi Market

Note: Data as of 2024.04.19 21:30 +UTC

Total TVL: $85.47b, of which Ethereum chain TVL is 50.35b.

For Ethereum Layer 2, the total locked value is $37.73 billion, a 7-day decrease of 11.52%.

  • The Arbitrum One network’s total locked value is $16.51 billion, a 7-day decrease of 11.78%
  • The Optimism network’s total locked value is $6.29 billion, a 7-day decrease of 15.6%

DEX Market

The DEX market last week has a total transaction of $42b, accounting for 45.6% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $94,724,515.48, with 1,373 transaction addresses and 3,280 transactions. The revenue was $211,638.07 and the net profit from fees was $193,492.95 with the current fee balance being $355,334.72.

LON

  • The LON staking contract has a staked amount of 73,847,984.29 LON, with an annualized staking yield (monthly) of 28.83%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,176,409. A total of 111,568 LON was bought back last week.

Tokenlon Development Highlights

OKR Discussion & Data Projection

  • Engage in multiple rounds of discussion and data projection based on core team objectives.

Multi-Chain Deployment

  • Prepare promotional materials/content.
  • New support for zkSync Era

Optimize Tokenlon V6 Web quoting experience.

Evaluation of V6 Mainnet integration for LON trade mining.

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,

2024.4.19

Contact us

Notes

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

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Tokenlon DEX
Tokenlon DEX

Written by Tokenlon DEX

The 🐉 #DEX We promise 99% of your transactions will go through Built on 0x and Ethereum Aggregating best prices from major #DEXs

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