Tokenlon Weekly(2024.05.31–06.07)

Tokenlon DEX
3 min readJun 7, 2024

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This week, BTC has once again surpassed $70,000, currently priced at $70,903.78, with a 7-day increase of 3.5%. ETH is now priced at $3,804.44, with a 7-day increase of 1.4%. Major cryptocurrencies are currently experiencing high volatility, so please be mindful of your asset risk management.

Besides major tokens, BNB has also reached a new all-time high, peaking at $716. Meme tokens on the Base chain have performed remarkably well, with a total market capitalization exceeding $2.3 billion. Tokenlon now supports token swaps across networks including Ethereum, Polygon PoS, Optimism, Arbitrum, BNB, Base, and zkSync.

DeFi Market

Note: Data as of 2024.06.07 21:30 +UTC

Total TVL: $108.92b, of which Ethereum chain TVL is 66.25b.

For Ethereum Layer 2, the total locked value is $47.42 billion, a 7-day increase of 2.69%.

  • The Arbitrum One network’s total locked value is $19.11 billion, a 7-day increase of 0.99%
  • The Optimism network’s total locked value is $7.77 billion, a 7-day increase of 0.90%
  • The Base network’s total locked value is $7.18 billion, a 7-day increase of 9.71%

DEX Market

The DEX market last week has a total transaction of $34b, accounting for 63.0% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $56,283,901.43, with 1,345 transaction addresses and 3,042 transactions. The revenue was $122,426.08 and the net profit from fees was $115,706.15 with the current fee balance being $781,150.42.

LON

  • The LON staking contract has a staked amount of 75,853,177.75 LON, with an annualized staking yield (monthly) of 28.37%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,151,069. A total of 141,630.92 LON was bought back last week.

Tokenlon Development Highlights

Tokens & Liquidity

  • Researching liquidity for newly issued tokens such as Zklink and Taiko.

Market Makers

  • Monitoring market-making activities and handling daily communications.

User Data

  • Creating a dashboard for core user transaction data to track user pathways on Tokenlon and identify issues to enhance the trading experience.

BestBuy

  • User testing rewards have been distributed, please check your accounts.

Grants Program

  • Investigating market ecosystem incentive plans and submitting Tokenlon’s application.

Multi-chain

  • Listing restaking tokens:
  • BNB: Pendle, Altlayer, ezETH
  • Polygon: wstETH
  • Arbitrum: ezETH
  • Base: ezETH
  • Observing the multi-chain user transaction funnel to improve user transaction success rates.

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,

2024.6.07

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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