Tokenlon Weekly（2024.05.17–05.24）
The focus of this week’s crypto market is the approval of the Ethereum spot ETF. ETH performed outstandingly with a 7-day increase of 24%, peaking at over $3,900 and currently priced at $3,672. BTC briefly surpassed $71,000 and has now fallen back to $67,161.61.
DeFi Market
Note: Data as of 2024.05.24 21:30 +UTC
Total TVL: $106.12b, of which Ethereum chain TVL is 64.51b.
For Ethereum Layer 2, the total locked value is $45.61 billion, a 7-day increase of 17.93%.
- The Arbitrum One network’s total locked value is $18.92 billion, a 7-day increase of 19.17%
- The Optimism network’s total locked value is $7.59 billion, a 7-day increase of 15.08%
DEX Market
The DEX market last week has a total transaction of $36b, accounting for 51.6% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon’s trading volume this week was $133,360,070.57, with 1,685 transaction addresses and 3,871 transactions. The revenue was $315,563.85 and the net profit from fees was $308,441.84 with the current fee balance being $896,968.77.
LON
- The LON staking contract has a staked amount of 76,260,959.42 LON, with an annualized staking yield (monthly) of 28.53%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,117,932. A total of 72,472.43 LON was bought back last week.
Tokenlon Development Highlights
Multi-chain Deployment
- Preparation of tutorials and promotional materials is complete. Market promotion will commence next week.
- Added popular tokens from Base, Polygon, Arbitrum, and BNB chains.
Market Makers
- Communicated with market makers about recent liquidity matters.
BestBuy Product
- BestBuy user testing is complete, and feedback forms are being filled out. Future product iterations will be based on user feedback.
Latest Market Updates
- Providing the latest market updates on the Tokenlon market trading page to help users make better trades.
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,
2024.5.24
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.
