Tokenlon Weekly(2024.04.19–04.26)

Tokenlon DEX
3 min readApr 26, 2024

This week, the cryptocurrency market continued to fluctuate. After rising to $66,000, BTC fell below $65,000 and is now priced at $64,367, while ETH is currently priced at $3,137. During significant market volatility, please be aware of asset risks.

Tokenlon supports both instant swaps and limit orders to meet different trading scenarios. The instant swap feature currently supports multi chain swaps, allowing users to experience token exchanges within Ethereum, Polygon PoS, Optimism, Arbitrum, BSC, and Base chains. Limit orders are supported for Ethereum and Arbitrum.

DeFi Market

Note: Data as of 2024.04.26 21:30 +UTC

Total TVL: $93.44b, of which Ethereum chain TVL is 54.13b.

For Ethereum Layer 2, the total locked value is $38.59 billion, a 7-day increase of 4.58%.

  • The Arbitrum One network’s total locked value is $16.59 billion, a 7-day increase of 2.84%
  • The Optimism network’s total locked value is $6.55 billion, a 7-day decrease of 6.71%

DEX Market

The DEX market last week has a total transaction of $29b, accounting for 45.1% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $89,203,416.88, with 1,336 transaction addresses and 3,147 transactions. The revenue was $181,541.22 and the net profit from fees was $176,338.75 with the current fee balance being $416,203.28.

LON

  • The LON staking contract has a staked amount of 74,056,710.61 LON, with an annualized staking yield (monthly) of 28.79%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,175,181. A total of 171,221.41 LON was bought back last week.

Tokenlon Development Highlights

Release the article “Tokenlon’s Approach to Security in the Blockchain Landscape

  • This article details how Tokenlon, based on the open and transparent nature of blockchain and its own security design, reduces the potential for exploitation by malicious actors while meeting the normal trading needs of users, thereby contributing to a secure and transparent DEX environment.

Deploy zkSync on Tokenlon

  • You can choose zkSync network for token swaps, and the details of zkSync ecosystem have been included on the Tokenlon page.

Plan for Tokenlon 6.0 web trading campaign

  • The activity plan has been finalized and is expected to be held in May.

OKR Objectives

  • Break down the team’s OKR objectives and develop a strategy for completion.

Optimize Tokenlon Backend System

  • Organize optimization requirements for Tokenlon’s admin backend system.

Optimize and Fix Version 6.0

  • Based on feedback on user transaction failures, optimize and fix related bugs.

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,

2024.4.26

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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