Tokenlon Weekly(2024.07.12–07.19)

Tokenlon DEX
3 min readJul 19, 2024

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It is reported that the Federal Reserve may start cutting interest rates as early as July, the German government’s emergency sale of nearly 50,000 Bitcoins has ended, and the Ethereum spot ETF will be officially launched on July 23rd.

This week, Bitcoin once broke through $65,000, but has now fallen back slightly, with the latest price at $63,759.13, a 7-day increase of 11.9%. ETH is currently quoted at $3,408.71, a 7-day increase of 10.4%.

DeFi Market

Note: Data as of 2024.07.19 9:30 UTC+8

Total TVL: $97.93b, of which Ethereum chain TVL is 58.83b.

For Ethereum Layer 2, the total locked value is $43.92 billion, a 7-day increase of 8.80%.

  • The Arbitrum One network’s total locked value is $17.50 billion, a 7-day increase of 7.96%
  • The Optimism network’s total locked value is $6.77 billion, a 7-day increase of 10.94%
  • The Base network’s total locked value is $7.27 billion, a 7-day increase of 9.31%

DEX Market

The DEX market last week has a total transaction of $29b, accounting for 43.7% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $92,964,418.06, with 1,506 transaction addresses and 3,382 transactions. The revenue was $179,933.11 and the net profit from fees was $174,906.27 with the current fee balance being $1,002,757.31.

LON

  • The LON staking contract has a staked amount of 76,430,103 LON, with an annualized staking yield (monthly) of 27.94%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,118,624. A total of 126,775.68 LON was bought back last week.

Tokenlon Development Highlights

Multi-chain token additions

  • zkSync — USDC
  • Arbitrum — ETHFI
  • Base — BRETT

Ethereum mainnet tokens

  • Complete liquidity evaluation of GAL, MOCA, PSP, FIGHT, and other tokens

Market makers

  • Communicate v6 RFQ integration, for further liquidity improvements of the v6 protocol

Tokenlon 5th anniversary

  • Design and preparation of 5th anniversary campaigns

Market overviews

  • Daily updates of market overviews for user trading references

Business collaborations

  • Establish contact with Tether to collaborate on security and fraud measures

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,

2024.07.19

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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