Tokenlon Weekly(2024.05.03–05.10)

Tokenlon DEX
3 min readMay 10, 2024

--

This week, the cryptocurrency market continues to fluctuate. While mainstream tokens are experiencing a decline, meme and AI concept tokens are generally on the rise. Currently, mainstream tokens are rebounding, with BTC priced at $62,884.88. The number of transactions on the Bitcoin network has surpassed 1 billion this week.

ETH is currently priced at $3,036.94, with Bitcoin and Ethereum having 7-day gains of 5.7% and 1.3% respectively.

DeFi Market

Note: Data as of 2024.05.10 21:30 +UTC

Total TVL: $92.50b, of which Ethereum chain TVL is 53.48b.

For Ethereum Layer 2, the total locked value is $39.06 billion, a 7-day increase of 1.19%.

  • The Arbitrum One network’s total locked value is $16.03 billion, a 7-day increase of 0.51%
  • The Optimism network’s total locked value is $6.95 billion, a 7-day decrease of 1.85%

DEX Market

The DEX market last week has a total transaction of $21b, accounting for 46.4% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $91,255,366.50, with 1,330 transaction addresses and 3,099 transactions. The revenue was $186,345.04 and the net profit from fees was $183,377.39 with the current fee balance being $539,788.49.

LON

  • The LON staking contract has a staked amount of 74,097,318.88 LON, with an annualized staking yield (monthly) of 28.66%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,095,654. A total of 152,840.81 LON was bought back last week.

Tokenlon Development Highlights

New Token Listing

  • Trading of the FRIEND/USDC pair is now available on the Base network.
  • Preparation for the listing of ENA and USDe tokens.

Market Making

  • Communication with LON market makers.
  • Preparation of the 28th cycle trade mining market makers’ report.

Market Collaboration

  • Preliminary discussions with partners such as CCIP and Blinklabs for business collaboration.

Tokenlon Product Information Update

  • Synchronizing Tokenlon product information with the user support team to help users better utilize Tokenlon products.

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,

2024.5.10

Contact us

Notes

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

--

--

Tokenlon DEX

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